The August HSU Economic Index Is In

The August Economic Index as developed by Dr. Escher and his team at HSU is in, and we should recognize the folks who make it possible. the Index is sponsored by the California State and Federal Credit Union, Coast Central Credit Union, Redwood Capital Bank and Umpqua Bank.

Highlights:

“We have suspended the Lumber Manufacturing Index until we can obtain a sufficient number of data providers.”

“The Home Sales Index increased over the previous month, while all other indices fell or stayed the same.”

“30-year mortgage rates in Humboldt County have decreased from 4.125 percent to 4 percent, while the median home price rose from $269,500 to $271,500.”

“Northern California’s average price fell from $3.52 per gallon to $3.33 per gallon, and Eureka’s average gas price fell from $3.63 per gallon to $3.17 per gallon.”

Wow, I sure missed that last one! Click HERE for the Index, and have fun!

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