Labor/Economy
Economy Watch: Home Prices Continue Upward Trajectory
More evidence that the housing market is in recovery mode.
Economy Watch: Mortgage Delinquencies Continue to Edge Down
Lender Processing Services said that 6.59 percent of U.S. residential mortgages were delinquent in March, down from 6.8 percent in February.
Economy Watch: Jobs Report Mostly Positive, Wall Street Reacts
The headline numbers from the Bureau of Labor Statistics—a net of 165,000 new jobs in April, and upward revisions for the previous months—were well received, especially by investors.
‘Economy Watch’ Podcast with Dees Stribling: A Pretty Week for the Economy
A pretty week for the economy, capped by a decent jobs report.
Economy Watch: Hiring Improves in April
The U.S. economy created 165,000 jobs in April, according to the Bureau of Labor Statistics, which isn’t completely robust but at least puts to rest fears of a sharp slowdown in hiring.
Economy Watch: Construction Spending Drops
The Census Bureau reported that U.S. construction spending during March 2013 was at an annualized rate of $856.7 billion, or 1.7 percent below the revised February figure. Compared with March 2012, the current figure is still 4.8 percent higher.
Economy Watch: Case/Shiller Shows Strong Home Price Growth
The data on the U.S. housing market continues to be good. The S&P-Case/Shiller Home Price Indices for February, which were released on Tuesday, showed that average home prices increased 8.6 percent and 9.3 percent for the 10- and 20-city composites in the 12 months ending in February 2013.
Economy Watch: Pending Home Sales Up
The National Association of Realtor’s Pending Home Sales Index, a forward-looking indicator based on contract signings, rose to 105.7 in March from a downwardly revised 104.1 in February.
‘Economy Watch’ Podcast with Dees Stribling: The Economy is Growing Again
The economy’s growing again, but not robustly.