Monthly Archives: March 2013

February’s personal income and expenditures, January’s home prices, & another 4th quarter GDP revision..

the internet has been slow this week; most of us who live out here have noticed slower loading pages, especially for email and those pages with pictures; personally, videos have been practically impossible, with viewing interrupted by long pauses, and … Continue reading

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Cyprus crisis notes, January’s state and regional employment, February’s home construction & sales, education cuts & tuition increases, et al

the story of the botched bailout of banks and their bondholders on the eastern Mediterranean island of Cyprus completely dominated the economic news and opinion blogs this past week; even some who’s forte is domestic policy weighed in…and it’s taken … Continue reading

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balanced budget nonsense, February’s retail sales, CPI, & industrial production

there was quite a bit of unwarranted buzz around the blogosphere about a number of budget plans that were introduced early this week, all of which were likely an outgrowth of the requirements imposed on both houses of Congress by … Continue reading

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February’s employment; January’s trade deficit, consumer credit and the LPS Mortgage Monitor

on the the face of it, the Employment Situation report for February from the BLS was better than what we’ve been seeing; payroll employment increased by a seasonal adjusted 236,000, and the unemployment rate fell to 7.7% from January’s 7.9%, … Continue reading

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LPS January charts

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sequestration, income and outlays, 4th quarter GDP revision, 4th quarter household debt, et al

since neither the administration nor congress could find a way to avoid the sequestered cuts that both say they dont want, Obama signed an order on Friday March 1st to all begin implementing $85 billion in across-the-board spending cuts specified … Continue reading

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