BruceSteinberg
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- Our holiday greeting card to all of you ...
9:41 AM Dec 24th
from TwitPic
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No surprise new homes sales were down in Nov. (11.3%) since tax break was set to expire, but subsequent extension & expansion should help.
7:22 AM Dec 23rd
from web
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Consumers continued to spend (PCE or Personal Consumption Expenditures) in November indicating economic strength since PCE is 2/3 of GDP.
5:49 AM Dec 23rd
from web
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Another up sign -- Existing homes sales took a nice jump last month -- up 7.4% in Nov. and up 44.1% from Nov 2008;
7:22 AM Dec 22nd
from web
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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.
5:57 AM Dec 22nd
from web
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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.
2:58 AM Dec 22nd
from web
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- snow!
1:18 AM Dec 22nd
from TwitPic
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- Mt. Vernon, VA @ 1:30 ET, 19 December, about 16 inches and coming down heavy!
10:49 AM Dec 19th
from TwitPic
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- out my front door at the start of the "historical" snow for metro DC
5:26 AM Dec 19th
from TwitPic
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Neat article on the "Dumbest Moments in Business 2009" (for some, scratched my head "what were they thinking?")
9:08 AM Dec 17th
from web
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Building permits, Housing Starts & Completions all up in Nov - all good signs that the market could be recovering;
6:59 AM Dec 16th
from web
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Separations outnumbered hires by 235k in October, which is not that good and there were 2.2 million job openings;
7:32 AM Dec 8th
from web
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Unemployment rate improved to 10% and overall job loss of only 11,000 in November is very good news.
8:22 AM Dec 4th
from web
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New home sales up and personal spending rises in Oct. while jobless claims fall last week -- indicators that economy could be improving.
7:13 AM Nov 25th
from web
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Nov. consumer confidence incrementally improved from Oct.but still lower than just a few months ago (Aug. & Sep.)
7:17 AM Nov 24th
from web
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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.
6:07 AM Nov 24th
from web
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Existing homes sales up 10.1% in October buoyed by threat of expiring tax credit, which has been expanded and extended to April.
7:28 AM Nov 23rd
from web
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National Activity Index declined (1st in 2009) "very slightly" in Oct; production & income down as employment, consumption & housing improve
6:40 AM Nov 23rd
from web
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Interesting analysis of the latest construction/housing data that continue to be weak and a drag on the recovery.
10:08 AM Nov 20th
from web
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Latest construction / housing data show that sector of the economy is still in a weaken state.
11:39 AM Nov 18th
from web
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- Name Bruce Steinberg
- Location Washington DC metro
- Web http://www.bruces...
- Bio I follow economic and employment trends
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