consumer confidence
Today's headline is that the economy grew, just, in the fourth quarter last year. GDP rose at an annual rate of 0.1%, down from 3.1% [more…]
If you believe that one of the depressing factors in recent years has been the deflation of home prices and along with it the erosion [more…]
There was a flurry of economic news this week, most of which was encouraging. The economy is in decent shape. Not great, just decent.
We [more…]
Yes it's hard to focus at this time of year under the best of circumstances. This year is even worse. The background noise provided by [more…]
Well the rumors are swirling with enough detail mixed in that the consensus is probably right: there is a deal in the works. A deal, [more…]
We ought, briefly, to catch up on the latest news, most of which points to the ongoing sideways movement of the economy.
Yesterday's numbers on [more…]
While we hunker down waiting for hurricane Sandy to churn its way inland we can ponder today's consumer spending report and its attached reading on [more…]
Under normal circumstances - who can remember when they were? - GDP growth of about 2% would be looked at as something of a failure, [more…]
One of our recent themes has been the underlying improvement in consumer confidence that has yet to manifest itself strongly in any of the headline [more…]
Today's news from the University of Michigan-Thomson Reuters index of consumer sentiment was surprisingly good. Surprising, that is, if we had not been paying attention [more…]