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By Claude R. Marx |
April 14, 2010
With spring having sprung and the economy continuing to show signs of a rebound, consumers opened up their wallets last month and caused retail sales to increase 1.6% last month, the Commerce Department reported today.
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March 31, 2010
As credit union management and boards learn more about the amount of toxic assets in corporate and natural person credit unions, their conclusion about assessments changes from "something we have to live with" to "we can't live with that."
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By Claude R. Marx |
March 12, 2010
Despite heavy snow in some regions and in contrast to the usual pattern of slower consumer purchasing in the winter, retail sales rose 0.3%, the Commerce Department reported today.
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By Claude R. Marx |
February 17, 2010
In another sign that some indicators are revealing that the economy is turning around, housing starts increased 2.8% last month, according to a report issued today by the Commerce Department and the Department of Housing and Urban Development.
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By Claude R. Marx |
February 12, 2010
Consumers were more willing to spend money last month as retail sales increased 0.5%, the Commerce Department reported today.
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By Claude R. Marx |
February 2, 2010
The tax credits for home purchases and an improving economy translated into some good news on the housing front in December.
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By Claude R. Marx |
February 1, 2010
Construction spending declined 1.2% in December, according to data released today by the Commerce Department.
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By Claude R. Marx |
January 29, 2010
In a sign that the economy may be picking up, the gross domestic product increased dramatically to an annual rate of 5.7% in the fourth quarter, according to a preliminary estimate released today by the Commerce Department.
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By Claude R. Marx |
January 28, 2010
Consumers showed less reluctance to buy big-ticket items such as cars, appliances and office equipment last month, the Commerce Department reported today.
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By Claude R. Marx |
January 20, 2010
Housing starts declined by 4% last month, a setback following the 8.9% increase in November, according to according to a report issued today by the Commerce Department and the Department of Housing and Urban Development.