Fed's Beige Book Reports on US Economy -- Housing Decline a Concern
Wednesday November 29, 2006
On November 29, the Federal Reserve was cautiously optimistic about the US economy's performance in October, as released in its Beige Book status report. At first blush, the ... Read More
Downturn In Real Estate Could Threaten US Economy
Thursday November 23, 2006
According to the November 17 Commerce Department Real Estate Report, new home permits were at 1.535 million, 28% below the October 2005 rate.
Real Estate is a Leading Indicator for ... Read More
Retail Sales Encouraging, But Not Booming
Tuesday November 14, 2006
Overall retail sales in October were $363 billion, up 4.5% from October 2005, according to the Census Department's report released November 14th. Auto and auto parts sales were up 10.1% ... Read More