Archive for recession
Mainstream Media Gets It Wrong; In Unintentional Truth-Telling, NAR Shows House Market Strengthening
NAR data for May confirms earlier data from CoreLogic, Dataquick, and Department of Numbers.com that housing prices continued to make new 12 month highs in May and that, contrary to the mainstream… Read more
Builder Indexes Down In April, But Trend Is Still Up
The dark and dirty job of pointing out that the NAHB Housing Market Index present conditions index is up 11 points versus last April and traffic is up 5 points falls to me, I guess. The mainstream… Read more
CoreLogic Data Shows House Price Declines Slowing
CoreLogic’s data for January closed house sales (mostly November contracts) shows a year over year decline of 3.1% nationally. the month to month decline was 1%. However, the 12 month rate of… Read more
Taking a Closer Look at Mixed Signals
This post is contributed by the Consumer Metrics Institute. For those of us who track the macro-econometric behavior of consumers, the past six or seven months have been (at best) challenging…. Read more
BEA Adjusts Second Quarter GDP Growth Back Upward
This article has been contributed by the Consumer Metrics Institute. The Bureau of Economic Analysis’s (BEA) third estimate of second quarter 2011 U.S. Gross Domestic Product (GDP) was reported to… Read more
The Too Big to Fail and The Too Small to Matter
Ironically, just when most Americans were preparing to kick off their Labor Day Weekend, we were given the alarming news that NO new net jobs were created in the month of August. Happy Labor… Read more
Promoting Housing Recovery – Part III: Proposed Solutions For The Housing Market
This is the final part of a three-part, two-post series. Click here to read parts I and II, which focus on recognizing the fundamental economic problems, and fixing the underlying economic issues… Read more
Consumer Metrics Institute News: August 26, 2011 – BEA Lowers Second Quarter GDP Growth Rate to Below 1%
Contributed by the Consumer Metrics Institute. The Bureau of Economic Analysis’s (BEA) second estimate of second quarter 2011 U.S. Gross Domestic Product (GDP) was reported to be 0.98%, continuing… Read more
Promoting Housing Recovery: Parts I and II
Previously, I have posted articles regarding housing and foreclosure issues. The purpose was to begin a dialogue on the steps to be taken to alleviate the foreclosure crisis, and to promote housing… Read more
Forces Facing The Housing Market
Day after day, week after week, and month after month, there are media reports concerning the status of housing in the US. Depending upon the source, housing values are increasing, or decreasing…. Read more
