Paper Economy
A Blog dedicated to tracking economic trends and financial matters.
Monday, March 23, 2009
Existing Home Sales Report: February 2009
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Today, the National Association of Realtors (NAR) released their Existing Home Sales Report for February which continued to indicate that ...
Sunday, March 22, 2009
Workouts Work Worse
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In another great post , expert analyst Ira Artman cuts right to the heart the matter of the Obama administration's (and former Bush adm...
Friday, March 20, 2009
Massive Unemployment: Mass Layoffs February 2009
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Today I’m adding the Mass Layoff statistics to the lineup of recurring posts as it is very clearly reflecting the truly phenomenal stress cu...
Thursday, March 19, 2009
Philadelphia Feeling: Federal Reserve Bank of Philadelphia Business Outlook Survey March 2009
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Today, the Federal Reserve Bank of Philadelphia released the results of their Business Outlook Survey for February showing a continued det...
Follow The Leader: Index of Leading Economic Indicators February 2009
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Today’s results of the Conference Board’s Leading Economic Indicators continue to indicate troubled times ahead declining 0.4% from January...
Mid-Cycle Meltdown?: Jobless Claims March 19 2009
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Today, the Department of Labor released their latest read of Joblessness showing seasonally adjusted “initial” unemployment claims decline...
Prime Bomb! : Hudson City Bancorp Prime Delinquencies Q1(ish) 2009
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Subtitle: The Prime Bomb Cometh! Now here is an interesting development… In an effort to quell shareholder anxieties, Hudson City Bancorp (...
Wednesday, March 18, 2009
Reading Rates: MBA Application Survey – March 08 2009
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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...
Tuesday, March 17, 2009
New Residential Construction Report: February 2009
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Today’s New Residential Construction Report continues to firmly demonstrate the intensity and completeness of the washout conditions that n...
Monday, March 16, 2009
Homebuilder Blues: NAHB/Wells Fargo Home Builder Ratings March 2009
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Today, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing dramatic new lows and conti...
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