Summary for Week ending March 8th
WARNING: Don sunglasses before reading! :-) Clearly the economy was picking up before the sequestration budget cuts. We will find out over the next two...
Author : Calculated Risk
Bank Failure #4 in 2013: Frontier Bank, LaGrange, Georgia
From the FDIC: HeritageBank of the South, Albany, Georgia, Assumes All of the...osits of Frontier Bank, LaGrange, Georgia As of December 31, 2012, Frontier Bank...
AAR: Rail Traffic “mixed” in February
From the Association of American Railroads (AAR): AAR Reports Mixed Rail Traffic for February, Gains for Week Ending March 2 Intermodal traffic in February 2013...
Freddie Mac Mortgage Serious Delinquency rate declined in January, Lowest since mid-2009
Freddie Mac reported that the Single-Family Serious Delinquency rate declined in January to 3.20% from 3.25% in December 2012. The serious delinquency rate is down...
Employment Report Comments and more Graphs
The 236 thousand payroll jobs added in February is from the establishment survey (a survey of businesses for payroll jobs), but the unemployment rate is...
February Employment Report: 236,000 Jobs, 7.7% Unemployment Rate
Total nonfarm payroll employment increased by 236,000 in February, and the unemployment rate edged down to 7.7 percent ... The change in total nonfarm payroll...
Friday: Jobs, Jobs, Jobs
Two comments: Net petroleum imports, and a house price forecast. Early this morning I posted a graph showing the large net imports of petroleum. Many...
Employment Situation Preview
On Friday, at 8:30 AM ET, the BLS will release the employment...t for February. The consensus is for an increase of 171,000 non-farm payroll jobs...
Zelman: “Nirvana for housing”
Analyst Ivy Zelman was one of the few to correctly call both the top and bottom for housing (Tom Lawler and your humble blogger were also...
Summary for Week ending March 1st
It was interesting week. In testimony to Congress, Fed Chairman Ben Bernanke made it clear he will keep the "pedal to the metal" with monetary...