The Radford Free Press – Page 270 – All life is problem solving.

Economics / business investment, consumer confidence, consumption, exports, GDP, government spending, imports, inventories, jobs, residential investment, stimulus, unemployment, wages /

Stagnation Watch: GDP, Jobs, And Confidence

September 29, 2011

We are almost at a point where we can all take a month or so off after which we would return to be met by economic reports eerily similar to those we left behind earlier. Nothing substantial is going on. Nothing. We are stuck in a malaise. Neither sinking nor rising with any consistency or […]

Economics / business investment, durable goods orders, GDP, inventories /

Mixed Capital Goods Spending

September 28, 2011

Just a brief note on today’s durable goods orders. They fell slightly – by 0.1% – in August, which suggests continued sluggish growth for the economy as a whole. The decline was driven, excuse the pun, by a 8.5% drop in motor vehicle purchases by business, and by a 5.7% decline in large defense goods. […]

Economics / foreclosures, home prices, real estate, unemployment /

Home Prices Rise – Again

September 28, 2011

Perhaps we’ve finally touched bottom in the housing market. The monthly Case-Shiller Index reports that home prices rose for the fourth straight month in July. The gain was very modest at 0.9% compared with June, and was still 4.1% below July 2010, but there may be the semblance of a trend appearing. It had to […]