In the following video, from the realtor.com YouTube channel, Senior Economist George Ratiu discusses the signs of an economy showing hopeful signs while looking for its footing. He talks about the Institute for Supply Management’s Manufacturing Index, as well as the Commerce Department’s factory orders data. He also mentions the drops in December’s payroll employment, and the latest unemployment insurance claims.

George covers the latest on the real estate front, discussing construction spending figures and the latest inventory data from realtor.com®. He also touches on another record-low for mortgage rates, along with the slide in applications.