All Paper Economy
Mortgage rates rise to 3.67 percentMortgage rates increased 9 basis points to 3.67 percent since last week, according to the latest mortgage rates data from the Mortgage Bankers Association.
Food stamps use rises in DecemberIn December 2012, 109,924 recipients were added to the food stamps program with the current total increasing 2.75 percent on a year-over-year basis, according to the latest data from the Department of Agriculture.
Jobs report not so great for the long term unemployedLong term unemployment worsened in February, with the percentage out of work 27 weeks or more increasing to 40.2 percent of all unemployed workers.
Big government doesn't workIt's immoral to obligate generations of individuals to operate within and contribute to a system rife with massive policy delusions, SoldAtTheTop writes.
Jobless claims fall to 340,000Jobless claims declined by 7,000 to 340,000 claims from 347,000 jobless claims for the prior week.
MBA: Mortgage rates drop to 3.58 percentMortgage rates declined 7 basis points to 3.58 percent since last week, according to the latest mortgage rates data from the Mortgage Bankers Association.
ADP: Private employers add 198,000 jobsADP released the latest installment of their National Employment Report, indicating that private employers added 198,000 jobs in February. The rest of the data in the ADP dataset indicates the economy is currently showing the most growth for small to mid-sized service providing jobs.
ISM: Service sector continues expansion in FebruaryThe service sector continued to expand in February as assessments of service-sector related activity generally improved, according to data from the Institute for Supply Management.
Hong Kong bubble? Property prices fall in December.The price of residential properties in Hong Kong declined 0.8 percent in December 2012.
Construction spending mixed in JanuaryTotal residential construction in January was down 0.02 percent from December. Single family construction climbed 3.62 percent in January, but non-residential spending dropped 5.08 percent during that period.
BEA: US economy grew 0.1 percent in Q4The US economy barely registered growth in Q4 2012 with real GDP improving at an annualized rate of just 0.1 percent from Q3 2012, according to a the Bureau of Economic Analysis.
Jobless claims fall to 344,000Jobless claims declined by 22,000 to 344,000 claims from 366,000 jobless claims for the prior week.
MBA: Mortgage rates flat at 3.66 percentMortgage rates went flat at 3.66 percent since last week, according to the latest mortgage rates data from the Mortgage Bankers Association.
Home sales climb in JanuaryHome sales rose 0.4 percent in January 2013 and climbed 9.1 percent above the home sales level seen a year ago.
Jobless claims jump to 362,000Jobless claims increased by 20,000 to 362,000 claims from 342,000 jobless claims for the prior week.
A mixed January for residential constructionResidential construction permits rose in January, but total residential construction starts declined, according to the New Residential Construction Report.
NAHB: Housing activity falls in FebruaryHousing activity declined slightly in February, according to the National Association of Home Builders' latest Housing Market Index.
Industrial production down in JanuaryIndustrial production fell 0.10 percent in January, according to the latest read from the Federal Reserve.
MBA: Mortgage rates rise to 3.64 percentMortgage rates increased 1 basis point to 3.64 percent since last week, according to the latest mortgage rates data from the Mortgage Bankers Association.
Food stamp use rises in NovemberThe food stamps program increased by 141,067 recipients in November 2012, with the current total increasing 3.04 percent on a year-over-year basis.
