Tag Archives: consumer spending

Where is The Inflation??

Financial FAQs The answer, in a nutshell, is it’s nowhere to be found. All current worldwide and domestic inflation indicators show depressed demand for goods and services, hence there is little incentive to raise prices. Therefore businesses are spending little … Continue reading

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What Should We Be Thankful For?

Financial FAQs There is still much we can be thankful for this Thanksgiving, in spite of tax raises and government spending cuts that affect mostly the poorest—whether it’s less food stamps, early child care, environmental protection, and maybe even fewer … Continue reading

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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

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Case-Shiller Home Prices, Consumer Confidence Continue Rise

The Mortgage Corner Housing prices continue to climb, but not as fast in the hardest hit areas of Las Vegas and some Florida cities. This is probably because mortgage rates have already risen 1 percent. But rates are no longer … Continue reading

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Will Interest Rates Continue to Rise?

The Mortgage Corner We think not.  Interest rates are rising, mainly due to some Fed Governors saying they may begin to end the QE3 purchase of securities later this year. But that is based on overly optimistic growth projections by … Continue reading

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Mortgage Delinquencies Continue Decline

The Mortgage Corner Mortgage delinquencies and foreclosures continue to decline. According to Lender Processing Services (LPS), 6.08 percent of mortgages were delinquent in May, down from 6.21 percent in April, while 3.05 percent of mortgages were in the foreclosure process, … Continue reading

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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

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A Greater Recession, if Fed QE Ends Too Soon

Financial FAQs The stock and bond markets are sinking because of Fed Chairman Bernanke’s seemingly offhand remark that the Fed could slow down its QE purchases of securities as early as its June FOMC meeting. Now Organization for Economic Development … Continue reading

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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

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Signs of Jobs Surge in 2013

Popular Economics Weekly There are signs the jobs picture will be much improved in 2013, even thought the March unemployment report was disappointing.  The U.S. Bureau of Labor Statistics (BLS) reported in the just released Job Openings and Labor Turnover … Continue reading

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