Weakness in Western energy-producing states helped raise the average U.S. county’s economic stress in December to its highest point since the recession began in December 2007, according to The Associated Press’ monthly analysis of conditions in more than 3,100 U.S. counties. » Read more…
Tag Archives: unemployment
AP analysis: US economic stress hit a peak in Dec.
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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MillerCoors 4Q profit rises on savings
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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The joint venture of SABMiller and Molson Coors Brewing turned a fourth-quarter profit through cost savings, though the shaky economy cut into revenue from beer. » Read more…
Home prices unexpectedly dip
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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Home prices unexpectedly slipped in December but the annual rate of decline slowed, reinforcing the housing market’s rocky road to recovery, Standard & Poor’s/Case-Shiller indexes showed on Tuesday. » Read more…
Fed’s Plosser: Base monetary policy on simple rules
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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Central bankers should base policy on simple rules related to inflation and economic growth and not rely on hazy measures of economic slack in order to stay ahead of the curve, a senior U.S. Federal Reserve official said on Tuesday. » Read more…
US consumer spending, income remain sluggish
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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US consumer spending and income remain sluggish, fresh government data showed Monday amid a fragile economic recovery and unemployment concerns. » Read more…