Wednesday, February 10, 2016

Las Vegas: Record Visitor Traffic in 2015, Conventions Returning

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Another update ... during the recession, I wrote about the troubles in Las Vegas and included a chart of visitor and convention attendance: ...

Hilsenrath on Yellen

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An excerpt from an article by Jon Hilsenrath at the WSJ: Fed Sees Risks to U.S. Economy Rising The Fed’s assessment of the balance of ris...

Yellen: "Financial conditions in the United States have recently become less supportive of growth"

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From Fed Chair Janet Yellen: Semiannual Monetary Policy Report to the Congress . Excerpt: Financial conditions in the United States have ...

MBA: Mortgage Applications Increased in Latest Weekly Survey, Purchase Applications up 25% YoY

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From the MBA: Rates Drop, Refi Applications Surge in Latest MBA Weekly Surve Mortgage applications increased 9.3 percent from one week ear...
Tuesday, February 09, 2016

"Mortgage Rates Well Into Mid 3's"

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Wednesday: • At 7:00 AM ET, the Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index . ...

EIA: Record Oil Inventories, Gasoline Prices expected to average $1.98/gal in 2016

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Oil prices are down today, with Brent at $30.51 per barrel, and WTI at $28.08. Here is an excerpt from the EIA Short-Term Energy Outlook (...

BLS: Jobs Openings increased in December

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From the BLS: Job Openings and Labor Turnover Summary The number of job openings increased to 5.6 million on the last business day of Dec...

NFIB: Small Business Optimism Index decreased in January

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From the National Federation of Independent Business (NFIB): After Modest Gain Last Month, Small Business Optimism Takes a Stumble The Ind...
Monday, February 08, 2016

Tuesday: Small Business Confidence, Job Openings

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From the Boston Globe: Gasoline prices slide even lower in Mass. Gasoline prices fell for the ninth consecutive week in Massachusetts, tum...

Update: The Inland Empire Bust and Recovery

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Way back in 2006 I disagreed with some analysts on the outlook for the Inland Empire in California. I wrote : As the housing bubble unwin...