Archive for: economy

March Housing Starts Will Rise With the Mercury

It’ll be a spring thaw: Housing starts likely jumped as soon as the weather warmed up in March, even as concerns remain about the cost of land and labor. Starts will rise to a seasonally adjusted annualized pace of 970,000 when the Census...

 

Housing Recovery Masks Dangers for Young

Housing Recovery Masks Dangers for Young

// Galen Eckenroth has what he knows is an uncommon pastime for someone his age: He’s looking to invest in real estate. Yet no matter how much he looked last year, the 26-year-old from San Diego just wasn’t able to buy. He says that in...

 

February Cold Keep Housing Starts Flat

February Cold Keep Housing Starts Flat

Weather held U.S. housing starts flat in February, even as the sector showed signs it would grow in spring. Starts dropped to a seasonally adjusted, annualized pace of 907,000 in February, a mere 0.2 percent below January’s revised estimate...

 

Student debt endangers the American Dream

Student debt endangers the American Dream

Paul Buehler’s $60,000 in debt weighs heavy on him. As a Ph.D. candidate in history at the University of Arizona the 31-year-old has spent the last eight years relying on student loans. His debt will become due when he finishes in December....

 

Home Prices Fly High

Housing prices posted their largest monthly gain in more than five years in a sign of an accelerating market that could provide a key boost to the economy. The widely watched Case Shiller index rose 2.5% in April, the largest one-month gain...

 

The Gap Between Personal Income and Outlays is Expected to Continue in March

It’s all about the jobs market April 29, 2012 By Natalia V. Osipova   American consumers’ appetite continue to outpace salaries and wages. Analysts say they expect to see personal income figures for March rise 0.2 percent and...

 

Consumer Spending Accelerates, But Income Doesn’t Keep Up the Pace

MARCH 30, 2012 By Natalia V. Osipova  Two months of solid consumer spending shows the U.S. recovery is gathering momentum. But it’s not yet time to celebrate. The disposable income of Americans in real terms was shrinking over the same period....

 

Gas Surcharges Haven’t Added To Commodities, CPI Shows

By Menglin Huang| Mar 16, 2012 Higher gas prices in February drove headline consumer prices up by the most in 10 months. But outside of energy, the inflation still remained in check. The consumer price index, or CPI, increased 0.4 percent last...

 

Protected: SUBMERGED IN A DEBT CULTURE

Protected: SUBMERGED IN A DEBT CULTURE

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Economic Growth Slow but Steady

Three consecutive months of job growth indicates that the economy has finally reached a point of stability, after gaining more jobs in the month of February. The private sector added 227,000 jobs with marked growth in professional services,...