Friday, January 12, 2007

Will Q4 Real PCE be Greater than Nominal PCE?

›
UPDATE: I had the title backwards. Trend real GDP is probably around 3.2% and nominal GDP is probably in the 5% to 6% depending on inflatio...

NRF: "Subdued" Retail Gains

›
From the National Retail Federation (NRF): Warmer Weather and Soft Housing Market Lead to Subdued Holiday Gains ... retail industry sales f...

December Retail Sales

›
The Census Bureau reports : The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for Decembe...
Thursday, January 11, 2007

The Long and Short Views

›
In the comments, and occasionally via email, people have expressed surprise at my positive long term outlook. This reaction is probably und...

Fed's Bies on Mortgage Lending

›
Fed Governor Susan Schmidt Bies spoke today on Enterprise Risk Management and Mortgage Lending . On mortgage lending risks: Effectively ma...

Homebuilder: Housing to "remain challenging throughout 2007"

›
From MarketWatch: M/I Homes quarterly contracts plunge 61% [M/I Homes] said its cancellation rate rose to 63% in the fourth quarter from 2...
Wednesday, January 10, 2007

November Trade Deficit: $58.2 billion

›
The trade deficit decreased in November to $58.2 Billion. Looking at the trade balance, excluding petroleum products, the deficit has been...

MBA: Mortgage Applications Increase

›
The Mortgage Bankers Association (MBA) reports : Mortgage Applications Increase Click on graph for larger image. This week’s results inclu...
Tuesday, January 09, 2007

Increasing Foreclosures

›
From LA Bizjournals: Foreclosures increase 51 percent nationwide Foreclosures increased 94 percent last year to 157,417 homes in California...
Monday, January 08, 2007

Fed's Kohn on Housing

›
From Federal Reserve Vice Chairman Donald L. Kohn: The Economic Outlook . Excerpts on housing: Uncertainty about where we stand in the hous...