Fed Should Resume Mortgage Purchases: Tarullo
By Scott Lanman and Caroline Salas Gage - 2011.10.20 09:05 PM
Federal Reserve Governor Daniel Tarullo’s call for resuming large-scale purchases of mortgage bonds may boost chances the central bank will start a third round of asset buying aimed at reviving U.S. growth.
Friday, October 21, 2011
Thursday, October 20, 2011
Bloomberg: Factories Help to Support U.S. Economy as Labor, Housing Markets Struggle
Factories Help to Support U.S. Economy as Labor, Housing Markets Struggle
By Alex Kowalski - 2011.10.20 01:20 PM
Manufacturing in the Philadelphia area unexpectedly expanded in October at the fastest pace in six months, signaling factories are helping support a U.S. economy weighed down by weakness in the housing and labor markets.
By Alex Kowalski - 2011.10.20 01:20 PM
Manufacturing in the Philadelphia area unexpectedly expanded in October at the fastest pace in six months, signaling factories are helping support a U.S. economy weighed down by weakness in the housing and labor markets.
Conference Board: US LEI Increases
US LEI Increases
20 October, 2011
The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.2 percent in September to 116.4 (2004 = 100), following a 0.3 percent increase in August, and a 0.6 percent increase in July.
20 October, 2011
The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.2 percent in September to 116.4 (2004 = 100), following a 0.3 percent increase in August, and a 0.6 percent increase in July.
USA Today: Unemployment claims drop, economic indicators point higher
Unemployment claims drop, economic indicators point higher
2011.10.19 11:14 PM
WASHINGTON (AP) – The number of people applying for unemployment benefits declined slightly last week, but applications are still above levels consistent with a healthy economy.
2011.10.19 11:14 PM
WASHINGTON (AP) – The number of people applying for unemployment benefits declined slightly last week, but applications are still above levels consistent with a healthy economy.
Bloomberg: Brooklyn Home Sales Jump as Buyers Seek Deals on New Condo Developments
Brooklyn Home Sales Jump as Buyers Seek Deals on New Condo Developments
By Prashant Gopal and Katie Spencer - 2011.10.19 09:01 PM
Home sales in Brooklyn, New York’s most populous borough, climbed 18 percent in the third quarter as rising apartment rents and low mortgage rates drove demand for condominiums in new developments.
By Prashant Gopal and Katie Spencer - 2011.10.19 09:01 PM
Home sales in Brooklyn, New York’s most populous borough, climbed 18 percent in the third quarter as rising apartment rents and low mortgage rates drove demand for condominiums in new developments.
Bloomberg: Commercial Real Estate Deals Decline in Cooling of U.S. Property Rebound
Commercial Real Estate Deals Decline in Cooling of U.S. Property Rebound
By David M. Levitt, Hui-yong Yu and Dan Levy - 2011.10.19 09:01 PM
The U.S. commercial real estate market has slowed in the past three months as the sputtering economy and a pullback in debt financing limited deals, cooling a recovery from Washington to California.
By David M. Levitt, Hui-yong Yu and Dan Levy - 2011.10.19 09:01 PM
The U.S. commercial real estate market has slowed in the past three months as the sputtering economy and a pullback in debt financing limited deals, cooling a recovery from Washington to California.
Bloomberg: Sales of Existing U.S. Homes Probably Fell as Lack of Jobs Hurt Confidence
Bloomberg: Sales of Existing U.S. Homes Probably Fell as Lack of Jobs Hurt Confidence
By Bob Willis - 2011.10.19 09:00 PM
Sales of existing U.S. homes probably fell in September, extending a pattern of gains and losses that shows the industry is being buffeted by a lack of jobs and confidence, economists said before a report today.
By Bob Willis - 2011.10.19 09:00 PM
Sales of existing U.S. homes probably fell in September, extending a pattern of gains and losses that shows the industry is being buffeted by a lack of jobs and confidence, economists said before a report today.
Wednesday, October 19, 2011
WSJ: Euro-Zone Deal Still in Doubt
EUROPE NEWS OCTOBER 20, 2011
Euro-Zone Deal Still in Doubt
By LAURENCE NORMAN, COSTAS PARIS and MATTHEW DALTON
BRUSSELS—Euro-zone leaders have narrowed their differences but remain well short of a deal to try to bring the debt crisis to a close, according to people familiar with the situation.
Euro-Zone Deal Still in Doubt
By LAURENCE NORMAN, COSTAS PARIS and MATTHEW DALTON
BRUSSELS—Euro-zone leaders have narrowed their differences but remain well short of a deal to try to bring the debt crisis to a close, according to people familiar with the situation.
Bloomberg: Sept. Housing Starts Up More Than Forecast
Sept. Housing Starts Up More Than Forecast
By Bob Willis and Alex Kowalski - 2011.10.19 02:00 PM
Builders began work on more U.S. homes than forecast in September and consumer prices climbed at the slowest pace in three months, supporting Federal Reserve forecasts for a pickup in growth and a moderation in inflation.
By Bob Willis and Alex Kowalski - 2011.10.19 02:00 PM
Builders began work on more U.S. homes than forecast in September and consumer prices climbed at the slowest pace in three months, supporting Federal Reserve forecasts for a pickup in growth and a moderation in inflation.
CNNMoney: Fed: Economy weakening but no sign of recession
EYES ON THE FED
Fed: Economy weakening but no sign of recession
By Chris Isidore @CNNMoney October 19, 2011: 2:46 PM ET
NEW YORK (CNNMoney) -- The economy is losing steam across much of the nation, but is still growing and not in recession, according to the latest outlook from the Federal Reserve.
Fed: Economy weakening but no sign of recession
By Chris Isidore @CNNMoney October 19, 2011: 2:46 PM ET
NEW YORK (CNNMoney) -- The economy is losing steam across much of the nation, but is still growing and not in recession, according to the latest outlook from the Federal Reserve.
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