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Tag Archives: Consumer sentiment
Are Consumers Losing Confidence in Housing??
The Mortgage Corner The unanswered question to date is how the debt ceiling impasse and government shutdown has affected economic activity. Both the industrial and service sectors have shown stronger growth, according to the Institute of Supply Management (ISM). But … Continue reading
Why Isn’t Washington Working “For the good of the Country?”
Popular Economics Weekly If we really want to know what is depressing consumers, look at how Congress is tied up in knots over the debt ceiling and spending losses from sequestration cuts–$109 billion per year, according to labor economist Jared … Continue reading
Deflation is the Danger
Financial FAQs The Federal Reserve is about to announce their decision on when to begin tapering their purchases of securities at next Tuesday’s FOMC meeting. Among other issues is whether there is any danger of future inflation from continuing the $85 … Continue reading
New-Home Sales Up, Delinquencies Down
The Mortgage Corner Lots of news today. New-home sales are surging, while mortgage delinquencies and foreclosures continue to drop. Consumer sentiment is also up sharply, maybe because housing prices are soaring according to both the S&P Case-Shiller and FHFA (for … Continue reading
Economic Growth Stronger Than Predictions?
Popular Economics Weekly There are signs that economists have underestimated GDP growth this year. The New York Times surveyed economists in a recent Sunday front page article, that said growth could increase to 3 percent from the 2 percent norm … Continue reading
Consumer Sentiment, Leading Indicators Signal Higher Growth
Popular Economics Weekly Both the University of Michigan’s Consumer Sentiment survey and Conference Board’s Index of Leading Indicators rose in May, signaling that employment and growth may be stronger than forecast by most economists. How can that be with 7.5 … Continue reading
No Double Dip Recession—Why Worry?
Popular Economics Weekly Goldman Sachs chief economist Jan Hatzius has joined the chorus that says 2013 should be a good year for growth, in spite of the so-called ‘fiscal headwinds’ of a gridlocked Congress and White House. Why? Because both … Continue reading
Why Are Consumers So Unhappy?
Popular Economics Weekly It shouldn’t be a secret, by now. Consumers are unhappy. And it’s not because we are too busy paying down our debts. It’s really because no one in Washington has been focusing on job creation—at least since … Continue reading
Two Percent Growth Isn’t ‘New’ Normal
Popular Economics Weekly There are many ways to look at the “weak” 2 percent growth numbers for Q3, though just the ‘Advance Estimate’ and so subject to at least 2 more revisions. But such weak growth isn’t due to excessive … Continue reading
Henry Ford’s Arithmetic Would Cure Budget Deficit
The Financial FAQs Why don’t Republicans get it? As President Clinton said in his convention speech, there was one word to explain the difference between Republican and Democrats budget proposals—arithmetic. The numbers had to add up, and as a ‘good … Continue reading
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