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  1. http://twitpic.com/uza1k - Our holiday greeting card to all of you ...
  2. No surprise new homes sales were down in Nov. (11.3%) since tax break was set to expire, but subsequent extension & expansion should help.
  3. Consumers continued to spend (PCE or Personal Consumption Expenditures) in November indicating economic strength since PCE is 2/3 of GDP.
  4. Another up sign -- Existing homes sales took a nice jump last month -- up 7.4% in Nov. and up 44.1% from Nov 2008; http://tinyurl.com/ondbys
  5. Economy (GDP) not growing as rapidly as previously reported, but GDP was still up in 3Q -- 2.2%. Slower growth may calm fears of inflation.
  6. Data show that the economy REALLY improved in Nov -- CFMAI was -0.32 from -1.02 in Oct, CFMAI-MA3 (3-month moving average) improved as well.
  7. http://twitpic.com/umi19 - snow!
  8. http://twitpic.com/u7hpj - Mt. Vernon, VA @ 1:30 ET, 19 December, about 16 inches and coming down heavy!
  9. http://twitpic.com/u61fh - out my front door at the start of the "historical" snow for metro DC
  10. Neat article on the "Dumbest Moments in Business 2009" (for some, scratched my head "what were they thinking?") http://tinyurl.com/y8eh2zm
  11. Building permits, Housing Starts & Completions all up in Nov - all good signs that the market could be recovering; http://tinyurl.com/ondbys
  12. Separations outnumbered hires by 235k in October, which is not that good and there were 2.2 million job openings; http://tinyurl.com/ondbys
  13. Unemployment rate improved to 10% and overall job loss of only 11,000 in November is very good news. http://tinyurl.com/y9fyqxe
  14. New home sales up and personal spending rises in Oct. while jobless claims fall last week -- indicators that economy could be improving.
  15. Nov. consumer confidence incrementally improved from Oct.but still lower than just a few months ago (Aug. & Sep.) http://tinyurl.com/ondbys
  16. 3Q GDP revised to up 2.8% (last month's advance estimate was up 3.5%) so growth not as strong as previously reported, but still good growth.
  17. Existing homes sales up 10.1% in October buoyed by threat of expiring tax credit, which has been expanded and extended to April.
  18. National Activity Index declined (1st in 2009) "very slightly" in Oct; production & income down as employment, consumption & housing improve
  19. Interesting analysis of the latest construction/housing data that continue to be weak and a drag on the recovery. http://tinyurl.com/yjze5pq
  20. Latest construction / housing data show that sector of the economy is still in a weaken state. http://tinyurl.com/ondbys