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Bilifuduo (98.60)

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18

No, The U.S. Is Not In A Fiscal Crisis

February 04, 2013 – Comments (16)

Check out my guest post on Pyschology Today's Cutting Edge Leadership column:   [more]

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7

Housing Rebound

December 20, 2012 – Comments (3)

A couple of indicators came out recently that point to a slow but steady housing rebound. First, according to Zillow, housing prices rose 0.6% in November, the 13th monthly increase in housing prices. Moreover, overall prices are up 5.2% Y/Y, the biggest annualized gain since August 2006. According to the National Association of Reuters, existing-home sales in November rose to 5.04M from 4.76M last month, beating projections of a rise to 4.9M. Finally, the October Federal Housing Finance Agency Housing Price Index increased 0.5% M/M versus a consensus of a 0.4% increase.  [more]

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5

Business Outlook Blows Away Projections

December 20, 2012 – Comments (0)

The December Philadelphia Federal Reserve Business Outlook increased from a reading of ‑10.7 in November to 8.1 this month, signalling a significant improvement in manufacturing conditions. This 18+ point jump is even more impressive considering that the expected reading was -3.0. Moreover, the demand for manufactured goods picked up as the new orders index increased 15 points. The current shipments index also improved notably, rising by 25 points. Much of the significant increases can be attributed to the economic recovery following Hurricane Sandy; however, these huge increases also paint a picture of a larger trend of a rebound in the overall U.S. economy.  [more]

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9

More Evidence of Housing Rebound

November 23, 2012 – Comments (3)

The AIA Architecture Billings Index, which shows a snapshot of the demand for architectural projects, rose to 52.8 in October from 51.6 in September. This is the third consecutive month the index is above 50, which signals an increase in demand for architectural services.   [more]

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8

It's Alive!

September 13, 2012 – Comments (2)

The Federal Open Market Committee today officially announced QE3, which the Federal Reserve will undertake through the purchase of $40B in mortgage-backed securities a month until the economy improves. The Federal Reserve believes these actions "should put downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative." As noted by Federal Reserve Chairman Ben Bernanke, "We're looking for something that brings unemployment down in a sustained way."  [more]

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