Paper Economy

A Blog dedicated to tracking economic trends and financial matters.

Tuesday, April 22, 2008

The Almost Daily 2¢ - Economy Ain’t Lovin’ It

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Man, you know things are bad off when American’s pull back from the dollar menu. Today, McDonald’s ( NYSE:MCD ) reported that for Q1, total ...

Existing Home Sales Report: March 2008

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Today, the National Association of Realtors (NAR) released their Existing Home Sales Report for March further confirming, perfectly clearl...
Monday, April 21, 2008

The Almost Daily 2¢ - Recession Era Ramblings

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Now that we are likely several months into the latest recessionary contraction it seems fitting to start to consider some of the known and p...
Friday, April 18, 2008

Countrywide Foreclosures: March 2008

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Countrywide Financial ( NYSE:CFC ) announced recently (unbeknownst to me until today) that they will no longer provide press releases detail...
Thursday, April 17, 2008

Follow The Leader: Index of Leading Economic Indicators March 2008

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Today’s results of the Conference Board’s Index of Leading Economic Indicators continues to indicate troubled times ahead increasing a tepi...

Philadelphia Feeling: Federal Reserve Bank of Philadelphia Business Outlook Survey April 2008

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Today, the Federal Reserve Bank of Philadelphia released the results of their Business Outlook Survey for April showing renewed weakness t...

Mid-Cycle Meltdown?: Jobless Claims April 17 2008

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Today, the Department of Labor released their latest read of Joblessness showing seasonally adjusted “initial” unemployment claims increas...
Wednesday, April 16, 2008

Reading Rates: MBA Application Survey – April 16 2008

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The Mortgage Bankers Association (MBA) publishes the results of a weekly applications survey that covers roughly 50 percent of all resident...

Production Pullback: Industrial Production March 2008

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Today, the Federal Reserve released their monthly read of industrial production showing continued declines across many industries, particul...

New Residential Construction Report: March 2008

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Today’s New Residential Construction Report continues to firmly demonstrate the intensity of the total washout conditions that now exist in...

Commercial Calamity? S&P/GRA Commercial Real Estate Index December 2007

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Like the MIT/CRE Property Index, Standard & Poor’s also tracks commercial real estate (CRE) prices for various commercial property typ...
Tuesday, April 15, 2008

Homebuilder Blues: NAHB/Wells Fargo Home Builder Ratings April 2008

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Today, the National Association of Home Builders (NAHB) released their Housing Market Index (HMI) showing continued evidence that the new ...
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