In other words, will the Fed raise rates? On its surface the October jobs report blew away expectations showing that the economy added 280,000 jobs when the ‘experts’ and analysts were expecting only a 180,000 job add! In addition the unemployment rate ticked down to 5% from 5.1%. These results would make even the most […]
This is a question worth pondering particularly with the rampant speculation over what the Fed will do with interest rates this month! First the obvious thought, what is ZIRP? In a nutshell…’Zero interest-rate policy (ZIRP) is a macroeconomic concept describing conditions with a very low nominal interest rate, such as those in contemporary Japan and, […]
Weakness, unfortunately, permeates the June jobs report! It’s likely when President Obama steps before the microphone today he will tout the fact that the economy added over 200,000 jobs and that the unemployment rate ticked down to 5.3% from 5.5%. Some in the media will also focus on the two headline numbers without checking the […]
Whatever industry you happen to be working in, a healthy and consistently growing US economy will likely be one of your most important keys to success! Certainly my business of providing the title insurance for buyers and refinancers of real estate depends heavily on a growing economy, consumer confidence, a vibrant transactional marketplace and available financing […]
If we use 5% as the benchmark for full employment in the United States and the unemployment number released on Friday was 5.5%, then by extension.. …the nation is only 1/2 of 1% from reaching a significant milestone that would seem to indicate total recovery from the horror that was the financial crisis of a […]
This morning the Bureau of Labor Statistics released the employment report for June and by all measures it appears to be that the numbers were great news! To further clarify that statement, however,it was a great report with the exception of one glaring mostly out-of-the-news statistic called the labor force participation rate. The labor force participation rate is the […]
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US Economic Calendar for the Week of June 30, 2014 The economic calendar in this article provides important information concerning the direction that interest rates may move in the short and intermediate-term while providing anecdotal evidence of the current condition and potential future direction of the US economy. While the July 4th holiday shortened week is somewhat light in terms of […]
Do higher home prices lead to an increase in the birth rate? A study was conducted at the University of Maryland and, according to the results, the answer to that question is that it all depends! It depends on whether you are currently a homeowner or not! For this purposes of this study, if the […]
