Tuesday, June 23, 2009

Crashachusetts Existing Home Sales and Prices: May 2009

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Today, the Massachusetts Association of Realtors (MAR) released their Existing Home Sales Report for May showing that single family homes ...

Existing Home Sales Report: May 2009

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Today, the National Association of Realtors (NAR) released their Existing Home Sales Report for May indicating that home sales declining s...
Monday, June 22, 2009

Green Shoots Starting to Wither… Soon To Die

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It was such a pleasant spring too… wet mild weather… just perfect for growing “real” crops … Bulls hoped their green would grow too… now tho...

Sinking Ships – MA vs. RI May 2009

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Subtitle: MA Unemployment … Next Shoe Dropping!? As I had noted in my original post, historically it has been very unusual for there to be ...
Friday, June 19, 2009

Now That’s a Green Shoot!

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Looks like mortgage rates are on the move… I suppose you can’t have your cake and eat it too! As we watch the myriad of economic indicators ...
Thursday, June 18, 2009

Perception is Reality?

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Looking at the spread between the Current and Future diffusion indices of the Philly Feds Business Outlook Survey it's obvious that the...

The Bigger They Boom, The Harder They Bust!

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The current worldwide economic decline is clearly working its mojo on U.S. income derived from international sources. The latest U.S. Intern...

Philadelphia Feeling: Federal Reserve Bank of Philadelphia Business Outlook Survey June 2009

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Today, the Federal Reserve Bank of Philadelphia released the results of their Business Outlook Survey for June showing significant improve...

Follow The Leader: Index of Leading Economic Indicators May 2009

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Today’s results of the Conference Board’s Leading Economic Indicators showed another significant monthly increase climbing 1.2% compared to...

Mid-Cycle Meltdown!: Jobless Claims June 18 2009

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Today, the Department of Labor released their latest read of Joblessness showing seasonally adjusted “initial” unemployment claims increas...
Wednesday, June 17, 2009

Seasonal Cycles Up-Market and Down

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The Radar Logic RPX Home Price data series are not only accurate but they are exceptional at reflecting with great precision and clarity th...

Material Pullback!

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It appears that the "Green Shoots" have not found their way through the still smoldering patches of durable material production. Y...

Reading Rates: MBA Application Survey – June 17 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, June 16, 2009

Production Pullback: Industrial Production May 2009

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Today, the Federal Reserve released their monthly read of industrial production showing a further continuation of the simply stunning decl...