Monthly Archives: May 2013

Fedspeak, April’s durable goods, new & existing home sales

Fed Chairman Ben Bernanke’s testimony on the Economic Outlook before the Joint Economic Committee of Congress and the release of the minutes from the April 30-May 1 Federal Open Market Committee monetary policy meeting probably commanded more attention than anything … Continue reading

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CBO budget forecast, April’s retail sales, CPI, PPI, and industrial production, Q1 household debt & credit

on Tuesday, the Congressional Budget Office (CBO) released their Updated Budget Projections for Fiscal Years 2013 to 2023 (pdf; summary here); which, in creating their ten year forecast, assumes that current laws on taxes & spending do not change and … Continue reading

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the MBA & LPS on mortgage delinquencies & foreclosures, March consumer credit, & a new CO2 record..

it’s been a pretty slow week, with neither major monthly economic reports nor widespread kerfuffles in the blogosphere…as we figured, all the budget proposals floated earlier this year have gone nowhere, and it now appears that the republicans wont negotiate … Continue reading

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March LPS graphics

loan counts: foreclosure inventory rates: states non-current:

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April’s jobs report, March’s income & outlays and trade deficit, February’s Case-Shiller

the April unemployment report was better than expected, and positive revisions of nonfarm payrolls over the past two months took some of the sting out of the lousy jobs report in March… the Bureau of Labor Statistics reported that seasonally … Continue reading

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