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Kimberly's US Economy Blog July 2007 Archive

By Kimberly Amadeo, About.com Guide to US Economy

A Reader Responds to "Will the Dollar Crash, Yes or No"

Tuesday July 31, 2007
Bruno Vincent /Getty Images My readers are so smart. Here is a very good response my blog post on "Will the Dollar Crash, Yes or ... Read More

How Can GDP Go From .6% in Q1 to 3.4% in Q2?

Friday July 27, 2007
U.S. Bureau of Economic Analysis How could the economy grow 3.4% in Q2, after posting the slowest GDP growth rate in four years for Q1? ... Read More

Home Sales Continue Decline - 8.8 Months Unsold Homes

Thursday July 26, 2007
The National Association of Realtors (NAR) reported that June single-family home sales were 11.4% lower than the year before, selling at an average annual rate of 5.75 million homes. At ... Read More

Fed Beige Book Reports Slightly Slower Economic Growth

Wednesday July 25, 2007
Federal Reserve The Federal Reserve reported "moderate" growth in the U.S. economy for June/July as released in its Beige Book summary. However, only 5 of ... Read More

Will the Dollar Crash, Yes or No?

Monday July 23, 2007
A reader asks: Dear Ms. Amadeo, Given all the factors you mentioned, (in Dollar Decline or Dollar Crash?) what is your conclusion? Do you think the dollar will crash, collapsing our ... Read More

Dow Hits New Intra-day High -- Or Did It?

Tuesday July 17, 2007
Earlier today, the Dow reached a new intra-day high of 14,021. But if you were an investor from Europe, then it might not feel like a new high. Why? Because the ... Read More

How Bad Is the Current Housing Market Decline?

Thursday July 12, 2007
David McNew /Getty Images Every month seems to bring more bad news about the housing market. However, economists haven't all agreed on how bad it ... Read More

Unemployment Rate - Better Than Last Year

Wednesday July 11, 2007
As I mentioned yesterday, the latest BLS jobs report says that the unemployment rate in June 2007 is 4.5%, better than the rate of 4.6% in June of last year. Or ... Read More

Manufacturing Job Slump - 9 Months and Counting

Tuesday July 10, 2007
Tim Boyle /Getty Images In June, 132,000 new jobs were created, according to the employment report, released Friday by the Bureau of Labor Statistics (BLS). ... Read More

The World's Richest Man Is … Mexican

Thursday July 5, 2007
Could this be another symptom of how the U.S. economy is losing its leadership position on the global stage? Carlos Slim Helu, a Mexican telecom tycoon, is now the world's ... Read More

Foreign Ownership of U.S. Assets Greater Than 2005 GDP

Wednesday July 4, 2007
Foreign investors own $13.6 trillion of U.S. assets, including Treasury bonds, stocks and real estate. That is exactly 109% of the total GDP for 2005. In other words, if foreign ... Read More

Supreme Court Decision Would Increase Inflation

Tuesday July 3, 2007
The Supreme Court's recent decision to end a 96-year old ban on price fixing will probably affect the economy by adding to inflation. This ban was instituted to prevent price fixing, ... Read More

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