Labor/Economy
Economy Watch: ADP Reports Weak Hiring in April
Automated Data Processing, whose employment numbers were on the high side last month, said that the U.S. private sector hired a net of 119,000 workers in April.
Economy Watch: Foreclosures Up Slightly
CoreLogic reported that the number of residential foreclosures nationwide edged up in March to 69,000, from the February total of 66,000.
Economy Watch: Homeownership Still on Downward Slide
The Census Bureau reported that the U.S. home ownership rate was 65.4 percent of all households during the first quarter of 2012, a contraction of 0.6 percentage points since the fourth quarter of last year, and down from 66.4 percent a year ago.
‘Economy Watch’ Podcast with Dees Stribling: So-So Growth for the Economy
So-so growth for the economy, with housing still a drag on its forward motion.
Economy Watch: Public Spending Contraction Dents GDP
Overall growth for the U.S. economy was middling during the first quarter, with expansion coming in at a 2.2 percent annualized rate, according to the Bureau of Economic Analysis.
Economy Watch: Pending Homes Sales Spike
Pending home sales were up more than expected in March, according to the National Association of Realtors.
Economy Watch: Case-Shiller Says Many Markets Hit New Lows
Just where is that bottom in the housing market? The latest S&P/Case-Shiller indexes seem to say that most U.S. markets haven’t quite found it yet.
'Economy Watch' Podcast with Dees Stribling: Housing Has the 'Blahs'
Housing still has the blahs, but there was other good news about the economy this week.
Economy Watch: New Home Starts Take Dip
Housing starts took a dip in March, according to the Census Bureau on Tuesday.