The Radford Free Press – Page 304 – All life is problem solving.

Economics / durable goods, GDP, manufacturing /

Good Capital Goods

April 27, 2011

Just a quick note on a busy day to pass along the news that durable goods orders rose at a decent 2.5% clip in March which suggests that manufacturing is still on the rebound. February’s data was also revised to show a slight 0.7% increase – originally it had been a decline. The key here […]

Economics / banking, consumer confidence, home prices, interest rates /

Home Prices Fall Again

April 26, 2011

One of the factors weighing down on consumer sentiment is the persistent fall in home values. So it is worth noting today’s report on the Case-Shiller Index, which showed yet another month of decline – by 1.1% in February, the latest month of data available. The index is a composite of prices in the top […]

Economics / bank reform, banking, corporate profits, Federal Reserve Board, GDP, inequality, productivity, real estate, recovery, unemployment, wages /

Where Are We?

April 25, 2011

It’s tough to tell exactly how the recovery is going. Since this is a busy week for data reports it behooves us to step back and set the stage. If you recall, at the end of last year the economy was growing at around 3.0% to 3.5% at annual rates. That was a marked improvement, […]

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