Friday, October 26, 2012
When it comes to the economy, corporations see the glass as half-empty, while consumers see it as half-full.
Friday, November 04, 2011
By Solomon Kleinsmith : IAFC Blogger
Lets hope Greece doesn't implode and test the strength of this slow, but steady, recovery, and that people are slowly beginning to see past the hyperbolic headlines that suggest the likelihood for a double dip recession is far higher than economists think it is.
Friday, August 12, 2011
The latest consumer confidence numbers are due out later today and — given the roller coaster week the stock market has endured, and the Congress's recent debt ceiling decision — they aren't expected to be great. In such tumultuous times, it’s difficult for anyone to maintain confidence in the economy. But confidence is just what some experts say is necessary to create jobs and keep the markets stable. So, how do we inspire it?
Tuesday, September 28, 2010
Another report confirms that the housing market is stuck in the doldrums. Home prices fell slightly in July by 0.1 percent after rising in June, according to the S&P/Case Shiller report. Perhaps more worrisome -- prices fell in more cities surveyed. "In about half of cities, prices are lower than they were a year ago," said Patrick Newport, an economist with IHS Global Insights. "And last month, it was only five, and a couple of months ago it was even smaller than that, so we are seeing weakness in prices." But in New York, there's perhaps another sign that the economy here is doing better than in other parts of the country. Prices actually rose by one percent.