Monthly Archives: June 2022

Inflation Cooling, Manufacturing Stays Hot

Financial FAQs FREDpce Inflation hawks that keep calling for more Fed rate hikes see a recession coming. But what if inflation is already beginning to decline? The rate of inflation over the past year was unchanged at 6.3 percent in … Continue reading

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Developing a Livable Community

Answering Kennedy’s Call What are the requirements for a livable community? As recently as 2005, the Institute of American Architects said that “. . . broadly speaking, a livable community recognizes its own unique identity and places a high value … Continue reading

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Jobs Picture Reduces Inflation Worries

Popular Economics Weekly Calculated Risk Weekly initial unemployment claims are holding at the lowest level since 1970, which is a sign of an extremely tight labor market. In the week ending June 18, the advance figure for seasonally adjusted initial … Continue reading

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Goleta’s Dam Dinner is Back!

Answering Kennedy’s Call Noozhawk What better way to show the love of your city than the announcement of a unique event that had been suspended for three years due to COVID-19? Goleta, a city just 20 years old, announced that … Continue reading

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Home Sales Returning to Normal

Financial FAQs FREDcalculatedrisk The home sales frenzy that has prevailed since COVID and rock bottom interest rates is finally subsiding. Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors®. Month-over-month sales declined … Continue reading

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What is a Livable City?

Building Community Answering Kennedy’s Call Chapter Twelve I and several others living in Santa Barbara and the Goleta Valley were interested in a more ecologically friendly and less auto-dependent community. Drs. Susanne Lennard, architect, and her husband, child psychologist Henry … Continue reading

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Higher Inflation Doesn’t Mean Stagflation

Financial FAQs The current headlines would have us believe the bipartisan $1.9 trillion American Rescue Plan and $1.2 trillion American Infrastructure Investment and Jobs Act approved overwhelmingly by both Democrats and Republicans in 2021 will cause prolonged inflation and perhaps lead … Continue reading

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May’s Strong Jobs Report

Popular Economics Weekly MarketWatch.com “U.S. stocks fell Friday after better-than-expected May payrolls data reinforced expectations for a series of interest rate rises by the Federal Reserve in coming months,” was MarketWatch’s headline re May’s unemployment report. The employment report showed … Continue reading

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An Uncertain Jobs Market

The Mortgage Corner Calculated Risk The financial markets will be watching tomorrow’s unemployment report closely to see if job growth remains strong, or weakens in the face of the many uncertainties plaguing markets, such as soaring inflation and rising interest … Continue reading

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