Economy Watch: Retailers See Strong Sales in January
Winter woes did not stop consumers from spending in January; Bernanke reports good news for economic recovery, with one caveat; and ISM’s Non-Manufacturing Index shows some industries on the uptick as well.
Economy Watch: Employment Still on the Rise?
ADP reports an increase in private-sector employment; Moody’s expects improvement for CMBS in 2011; and construction is at a decade-long low.
Economy Watch: Investors Gung-Ho for Apartments in 2010
Apartment property investment sales grew a startling 96 percent last year; state revenues are starting to heal; and investing in Borders is probably not a good bet at the moment.
Economy Watch: Consumers Out Spending Again
Spending jumped, even though income still lags behind; there are a lot of empty homes out there; and Chicago’s economy is showing accelerated growth.
Economy Watch: 4Q GDP Growth Shows Strength
GDP showed growth coming out of 2010; wages and benefits showed a minor increase for workers lucky enough to have jobs; and Lloyds Banking Group is unloading bum property loans.
PODCAST: Economy Watch Weekly with Dees Stribling
For the week ending Jan. 28, GDP and home sales showed some uptick. But that good news gets quickly swallowed by the enormous shadow of the federal deficit.
Economy Watch: Financial Crisis Panel Offers Split Conclusion
Financial Crisis Inquiry Commission releases its report, shedding little light on what caused the economic meltdown of 2008. Pending home sales and economic activity indicate that we’re on our way back from dark times.
Economy Watch: New Home Sales Edge Up Unexpectedly
Home sales increased in December; the Fed isn’t worried about inflation yet; and–news flash–the federal deficit is out of control.
Economy Watch: Case-Shiller Confirms Sinking Feeling in Home Prices
Consumer confidence has been climbing, although not so much in the housing arena. Judging by the president State of the Union, the White House has no fixes up its sleeves.
Economy Watch: Dismal Scientists Not Quite as Dismal as Before
Gallop predicts that the economy will grow at a better rate in 2011 than what was predicted three months ago, creating about 200,000 jobs each month, which would lower the unemployment rate to 9 percent but no further.