.. .. Through blog awards – each with its own flavour – we in the blogging community express our mutual appreciation, AND open fresh doors for visitors, through those we nominate. The h…
In order to discuss Numerological attributes of the "Election 2012" day... let’s take a brief look at the Numerology of the country itself.
From the NFIB: WASHINGTON, D.C., November 1, 2012 — Chief economist for the National Federation of Independent Business (NFIB) William C. Dunkelberg, issued the following statement on the October job numbers, based on NFIB’s monthly economic surv…
The latest jobs report was solid. But the U.S. is still digging out of a deep hole.
Home prices increased on a year-over-year basis for the ninth consecutive month according to the CoreLogic Home Price Index (HPI) released today. The November HPI was up 7.4 percent from its November 2011 level and represented the largest jump in the index in nearly seven years. On a month-over-month basis the HPI, which includes sales of distressed properties, was up 0.3 percent. CoreLogic said the all but six states are experiencing year-over-year price gains. When short sales and sales of foreclosed properties i.e. distressed sales are excluded from the analysis, home prices nationwide increased by 6.7 percent in November compared to those a year earlier and increased 0.9 percent from October to November...
The market was expecting a value of 50.0 to 50,9 versus the reported value of 49.9. A number below 50 indicates contraction. The Chicago Purchasing Managers reported October's Chicago Business Barometer idled, up just 0.2 to a still contractiona…
[click on image below to enlarge] /images/z cfmmi.PNG The Chicago Fed Midwest Manufacturing Index (CFMMI) increased 1.6% in November, to a seasonally adjusted level of 93.7 (2007 = 100). Revised data show the index was down 1.1% in October. The Fede…
The reporting on the Existing Home sales report was pretty negative yesterday even though I thought it was a solid report . And some of the...
Jyotish means “the science of Light”. This term is applied to Indian astrology, and particularly to its Vedic pantheon. The science of Light is rooted in Earth’s relationship to…
Store sales in the US dipped on a YoY basis last week as we see the first effects of Hurricane Sandy on high frequency economic data. The ...
U.S. Companies Cut Spending Plans Amid Fiscal and Economic Uncertainty
Moon conjunct Uranus types veer between the kooky, crazed lunatic and the unconventional rebel. Some have a pathological need to shock and outrage, but they
Econintersect: Beginning on 15 November, we will be reporting on a new forecasting tool being produced by the Chicago Fed - nonfinancial leverage subindex of the National Financial Conditions Index (NFCI). The solid black line is the nonfinancia…
Your temper got the better of you and you hurt the one you love the most. The Damage Control Tarot Spread to the Rescue!
From the Census Bureau: Permits, Starts and Completions Housing Starts: Privately-owned housing starts in November were at a seasonally ...
One of the most refreshing and delicious typefaces released in 2012 was Worthe Numerals by Ben Kiel. To issue a typeface that consists of only figures and punctuation would be a big risk to many, but House Industries is known for not being afraid of taking risks and we are...
Despite a sizeable increase in consumer debt overall household debt fell by $74 billion in the third quarter of 2012, driven largely by a decrease in mortgage and home equity loan balances . The Federal Reserve Bank of New York's Quarterly Report on Household Debt and Credit reported that a drop of $120 billion in mortgage debt and $16 billion in home equity lines of credit were partially offset by a 2.3 percent increase in non-real estate obligations. The drop in aggregate consumer debt continued a near-four year downward trend. At of the end of the quarter (September 30) total consumer indebtedness was $11.31 trillion, 0.7 percent lower than in the second quarter and $1.37 trillion less than the peak household debt hit in the third quarter of 2008. Mortgage debt , the largest component of the aggregate, now stands at $8.03 trillion , down 1.5 percent from the previous quarter and the lowest level since 2006. The decline has come in spite of the fourth consecutive increase in mortgage originations with $521 billion in new mortgage debt appearing on consumer credit reports...
Ten months of the way through 2012, single family starts are on pace for about 530 thousand this year, and total starts are on pace for abou...
From the BLS : Total nonfarm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged at 7....