Paper Economy

A Blog dedicated to tracking economic trends and financial matters.

Wednesday, November 28, 2012

Reading Rates: MBA Application Survey – November 28 2012

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The Mortgage Bankers Association (MBA) publishes the results of a weekly applications survey that covers roughly 50 percent of all residen...
Tuesday, November 27, 2012

S&P/Case-Shiller: September 2012

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The latest release of the S&P/Case-Shiller (CSI) home price indices for September reported that the non-seasonally adjusted Composite-1...
Monday, November 26, 2012

The Chicago Fed National Activity Index: October 2012

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The latest release of the Chicago Federal Reserve National Activity Index (CFNAI) indicated pronounced weakness for the national economy wi...
Friday, November 23, 2012

No Limits?

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I’d like to take a moment to reflect on the notion of “limited government”. With the latest election, the last four years in particular ...
Wednesday, November 21, 2012

Extended Unemployment: Initial, Continued and Extended Unemployment Claims November 21 2012

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Today’s jobless claims report showed declined for both initial and continued jobless claims as initial claims remained above the closely wa...
Tuesday, November 20, 2012

New Round of Downsizing Looming?

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Looking deeper into last Friday’s weak industrial production report, it appears that the “Business Equipment” component is giving a clear...

New Residential Construction Report: October 2012

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Today’s New Residential Construction Report showed mixed results for October with monthly gains in single family permits but losses to tota...

Homebuilder Blues: NAHB/Wells Fargo Home Builder Ratings November 2012

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Yesterday, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing continued improvement...

Existing Home Sales Report: October 2012

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Yesterday, the National Association of Realtors (NAR) released their Existing Home Sales Report for October showing a increase in sales wi...
Monday, November 19, 2012

Production Pullback: Industrial Production October 2012

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Last week, the Federal Reserve released their monthly read of industrial production and capacity utilization showing an notable pullback i...
Friday, November 16, 2012

The European Domino

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Yesterday, EuroStat, the European Union’s statistics office, released their Q3 2012 read on the 17-nation combine GDP showing a quarter...
Thursday, November 15, 2012

Extended Unemployment: Initial, Continued and Extended Unemployment Claims November 15 2012

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Today’s jobless claims report indicated a major setback to the weak economic "recovery" with both initial and continued jobless c...
Wednesday, November 14, 2012

Conspicuous Correlation: Retail Sales October 2012

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Today, the U.S. Census Bureau released its latest nominal read of retail sales showing a decrease of 0.3% from September but an increase o...

Reading Rates: MBA Application Survey – November 14 2012

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The Mortgage Bankers Association (MBA) publishes the results of a weekly applications survey that covers roughly 50 percent of all residen...
Tuesday, November 13, 2012

On The Stamp: Food Stamp Participation August 2012

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As a logical consequence of the prolonged economic downturn, it appears that participation in the federal food stamp program is continuing t...
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