Labor/Economy
Economy Watch: Negative Equity Dropping, But Still Persistent
In yet another report pointing to dropping negative equity among U.S. residential mortgage holders, CoreLogic said that about 2.5 million more residential properties returned to a state of positive equity during the second quarter of 2013.
Economy Watch: Consumer Credit Sees Uptick
The Federal Reserve reported that U.S. consumer credit was up again, increasing at an annualized rate of 4.5 percent in July.
‘Economy Watch’ Podcast with Dees Stribling: Mediocre Job Numbers
Mediocre jobs numbers have economists asking: what next from the Fed?
Economy Watch: The Economy Creates 169k Jobs in August
The Bureau of Labor Statistics reported on Friday that the U.S. economy created 169,000 jobs in August, lower than the average increase for the last 12 months, which is 184,000.
Economy Watch: Beige Book Calls Economy Modest (and Moderate) Again
The latest edition of the Federal Reserve’s Beige Book recently came out, and it seemed to say that the economy is still plodding along.
‘Economy Watch’ Podcast with Dees Stribling: The Economy Grew in Q2
The economy grew stronger than expected in the second quarter.
Economy Watch: Construction Spending Edges Up, No Thanks to Sequestration
Construction spending saw an uptick of 0.6 percent in July compared with June, according to the Census Bureau.
Economy Watch: Serious Mortgage Delinquencies Continue to Drop
Fannie Mae reported that the single-family serious delinquency rate for mortgages and it owns or insures declined in July to 2.7 percent from 2.77 percent in June.
Economy Watch: Negative Equity Continues to Drop
Zillow said that it estimates that the national negative equity rate fell to 23.8 percent of all homeowners with a mortgage during the second quarter, down from 25.4 percent in the first quarter.