Labor/Economy
Economy Watch: Gas Prices Pause in Upward March
Gas prices did something a little unusual over the weekend: they went down slightly. According to AAA, Saturday’s national average was down a 10th of a cent per gallon compared with Friday, and Sunday’s average was down a bit more compared with Saturday, from $3.78 to $3.777 a gallon.
‘Economy Watch’ Podcast with Dees Stribling: More Good News For Housing
More good news for housing, and sequester, dead ahead.
Economy Watch: Housing Starts Drop in January
The Census Bureau reported on Wednesday that housing starts took a dip in January.
Economy Watch: Homebuilder Confidence Sees Downtick
For the homebuilding industry, the last year or so has been one of increasing optimism, buoyed by increasing sales.
Economy Watch: Bad News, Good News from Euro-Zone
Recent economic news from Europe has been in part discouraging, but (remarkably) there have been some relatively optimistic stories lately as well.
Economy Watch: Consumers Feeling a Little Better
The preliminary Reuters/University of Michigan consumer sentiment index for February, which was released on Friday, increased to 76.3 from the January level of 73.8.
‘Economy Watch’ Podcast with Dees Stribling: Sequestration is on the Horizon
Americans barely bought more in January, and sequestration is on the horizon (again).
Economy Watch: Foreclosures Plummet Because of California
RealtyTrac reported on Thursday that U.S. foreclosure filings—meaning all default notices, scheduled auctions and bank repossessions—were reported on a bit more than 150,800 residential properties in January.
Economy Watch: Retail Sales Inch Up
U.S. retail sales grew at their slowest rate in three months, the Census Bureau reported.