Mike: A good Thursday to one and all. Today’s Jobless Claims report came in at 631,000, which is 14,000 less than expected. That’s decent news, but it should not be taken as the final word, since the revised numbers have been higher each week for the past six months. On the other hand, a reduction in the […]
Mike: Today’s layoff announcements picked up steam later in the day, as seems to be the case of late. Tomorrow brings us the weekly Jobless Claims report. Don’t forget to track the flu here: Google maps app – swine flu tracker GDP fell more than expected, but it was good news because the consumer is spending more […]
Mike: Good day to all. Today’s economic reports include weekly retail sales and the S&P Case-Shiller HPI, which tracks monthly changes in the value of residential real estate in 20 US metropolitan regions. This index has declined in every quarter since 2nd quarter, 2006. Housing price stability is vital to an improved economy. Obviously, if home prices continue […]