The Radford Free Press – Page 190 – All life is problem solving.

Economics / Conference Board, existing home sales, growth, home prices, leading indicators, unemployment /

As You Were – Again

March 21, 2013

Today was one of those days. A flurry of new data about the economy all of which left us exactly where we were. I suppose that’s good. But it could, and should, be better. New claims for unemployment assistance were pretty much unchanged last week. They had been 334,000 the previous week, they edged up […]

Economics / housing starts /

Housing Plods Along

March 19, 2013

Anyone looking for an imminent boom will be disappointed. The rest of us will be just fine. That’s the way I look at today’s housing data from the Commerce Department. The report shows housing starts rising 0.8% in February to an annual rate of 917,000, which is pretty much in line with expectations and keeps […]

Economics / corporate taxes, profits, wages /

Cash Rich Big Business

March 18, 2013

You’re too busy to notice, so let me draw your attention to an interesting fact: the cash pile that corporate America is sitting on grew by 10% last year. It is now $1,450 billion. An all time record. This is according to Moody’s the big rating service. And you thought these were hard times! Corporate […]

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