The US Holiday Season started with high anxiety for the Retail Industry as online retailers registered high volume of sales on Black Friday 2017. Pre-holiday season reports signaled not much change in […]
Why Is the Homeownership Rate Still Falling? An alternative explanation.
When it comes to loan rates, the one that concerns the most regular consumers is the mortgage loan interest rate. This past February 2016 a 30-year mortgage interest rate averaged 3.66 percent […]
Is the Google search term “Dollar Rate” an useful predictor for economic crisis?
Economic conditions in the United States are so unchanging that economists started to explore global conditions as potential threats to its economy. Without ruling out financial institutions altogether, economists are confident current […]
Despite job losses, New Jersey’s labor market looks vibrant rather than sclerotic.
Regional and State statistics on employment and unemployment for the month of July 2015 looked motionless for the great majority of States in terms of over-the-month changes. Over-the-year though, nonfarm employment increased […]
Who is holding back the housing market?
Housing market slowed down by 3.3% in United States during the month of April 2015, the National Association of Realtors reported on May 21st 2015. Lowest levels of sales by price were […]
241,000 jobs added to US Economy in December 2014: ADP.
Apparently, the US economy follows its way into a strong recovery. Employment level closed 2014 with an increase of roughly 241,000 jobs compared to November 2014. New employees went to work mostly […]
Housing building fatigue: an alternative interpretation of the origin of the Great Recession.
Economists have pointed out three contributing factors for the Great Recession. All of them closely related to the financial and banking system: Leverage, complexity, and liquidity (Blanchard, 2013). In this article, we […]