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Housing Starts Plummet 16.5 Percent, Building Permits Surge 14.3 Percent
Thursday, May 16, 2013 - 10:53am | 653Read More...The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced new residential construction statistics for April 2013. The data include building permits, housing starts and housing completions. Of the three, housing starts are the most important indicator for...
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Retail Sales Unexpectedly Advance 0.1 Percent, Details Stronger
Monday, May 13, 2013 - 10:01am | 660Read More...At first blush, retail sales posted a seemingly-anemic gain 0.1 percent gain in April after dropping a revised 0.5 percent in March, a bigger drop than the 0.4 percent decline originally reported. Expectations were for a 0.3 percent drop. The U.S. Census Bureau announced Monday that advance...
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Trade Deficit Drops on Falling Imports
Thursday, May 2, 2013 - 12:09pm | 652Read More...The trade deficit fell 11 percent as imports fell more than exports. While a drop in imports adds to GDP, as imports are a subtraction from domestic economic output, it could signal companies may desire to keep inventories low if they expect weaker sales ahead. The 0.4 percent dip in retail sales...
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Census Bureau: Poverty Rate Rises To 14.4%
Thursday, September 16, 2010 - 1:40pm | 107Read More...The Census Bureau reported a rise in the poverty rate to 14.3% in 2009, from 13.2% in 2008. This represents the highest poverty rate since 1994. According to last year's data, there were around 43.6 million people in poverty. Real median income for family households dropped 1.8%, and gained 1.6%...
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We Just Lived Through A Lost Decade (AAPL, VZ, GS)
Tuesday, August 17, 2010 - 10:36am | 866Read More...The talk on Wall Street, in academia and among policymakers has centered on whether or not America is entering a Japanese-style, deflationary “Lost Decade.” But by many metrics — and for many Americans — this is old news. Take the stock market, for example. For the past generation, many investors...
