Monthly Archives: September 2013

in a few days we’ll know which of the two upcoming budget crises we’ll face; as it seems unlikely that we’ll get through the month without either a shutdown of “non-essential” government operations or a debt ceiling crisis which could … Continue reading →

we should at least note that the US fiscal year ends in 8 days, on September 30, and as of today there hasn’t been any serious movement in Congress to pass a budget to fund the government past October 1st….in … Continue reading →

income and poverty table since 1990: income and poverty tab;e since 1967: income and poverty tab;e since 1967: income since 1967 chart: poverty since 1967 chart:

monthly and annual percent changes: August and July changes: July non-revolving credit: jobs to job openings: jobs to hires and separations:

there really isn’t much good that can be said about the report on employment situation for August from the BLS; we saw a subpar number of jobs added, again mostly in low paying industries, and there were substantial downward revisions … Continue reading →

monthly delinquent and foreclosure percentages: monthly new and repeat foreclosures: July active and delinquent by product type: July distressed sales percentage by state: July delinquent and foreclosure state table: July loan counts, delinquency buckets and pipeline time:

well, we finally had a GDP revision that was positive and better than expected… based on more complete source data than available last month, the second estimate of Gross Domestic Product for the 2nd quarter from the BEA showed that … Continue reading →