Category Archives: Economics

Goldman Sachs Has Some Bad News For New York Homeowners

this chart from Citi shows that 53% of foreclosed housing stock is in five states. http://static5.businessinsider.com/image/4edd05c56bb3f7951f000010/foreclosures.jpg Read more: http://www.businessinsider.com/goldman-sachs-new-york-home-prices-are-going-down-2011-12#ixzz1fhRNdQmM Goldman Sachs Has Some Bad News For New York Homeowners var addthis_config = {“data_track_clickback”:true, ui_header_color: “#000”, ui_header_background: “#F4F3EF”, services_compact: ‘ twitter, … Continue reading

Posted in Economics, foreclosure, housing, News, USA | Leave a comment

US consumer spending: Hard times | The Economist

US consumer spending Hard times Oct 25th 2011, 14:33 by The Economist online How the economic slowdown has changed consumer spending in AmericaAMERICANS are spending less on clothes and eating out and more on household fuel bills and healthcare, according … Continue reading

Posted in Charts, consumption, Economics, Money, News, recession, Statistics, USA | Leave a comment

Inflationistas vs. Deflationistas: What Does CPI and PPI Tell Us?

Inflationistas vs. Deflationistas: What Does CPI and PPI Tell Us?  July 18, 2011 06:46: CEST Author: Econophile –  zero hedge This article originally appeared in the Daily Capitalist.Inflationistas are probably confounded by Friday’s Consumer Price Index report that showed a decline of 0.2% in June. The report … Continue reading

Posted in Commodities, CPI, Economics, food, Gold, housing, markets, Money, News, Oil, PPI, Statistics, trading, USA | Leave a comment