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November Existing House Sales Numbers Disappoint
Existing home sales in November rose at a slower pace than anticipated, spurred in part because of the end of a government tax credit aimed at encouraging first-time homeowners to buy. According to...
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Dodd-Frank Bill Collides Head On With Deficit Realities
Implementation of the historic Dodd-Frank bill – which President Barack Obama signed into law last July to regulate Wall Street against the excesses that led to the Great Recession — is in danger of...
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Signs of Confidence Sprouting in the Construction Industry
The recent construction industry mantra of “Wait until next year” may be coming to fruition in 2011, according to a recent survey conducted by ENR. The 1st quarter of 2011 Construction Industry...
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Economists Say U.S. Economy Is on the Road to Recovery
The American recovery is on the road to recovery, unless the mounting federal deficit slows its momentum. A recent survey by Smart Brief and the international market research firm Ipsos of 841...
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Despite a Sluggish Economy, American Household Wealth Is On the Rise
American households’ net worth moved up a bit as the year began, with rising stock prices, increased savings and debt reductions outpacing an ongoing decline in real-estate prices. According to the...
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Recent College Grads Can Expect Starting Salaries 10 Percent Below 2000 Levels
Recent college graduates can expect to earn 10 percent less than they did as long ago as 2000. In fact, one of the longest-lasting legacies of the great recession may be its negative impact on the...
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Generation Gap in Americans’ Net Worth
Households headed by older adults have made impressive gains when compared with those headed by younger adults in their economic well-being over the past 25 years, according to a Pew Research Center...
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Great Recession Had Little Impact on CO2 Emissions
Worldwide CO2, emissions have risen by nearly 50 percent in the past several decades, with 2010 now holding the record as the year with the most greenhouse gas emissions on record. Burning fossil...
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Median Family Wealth Slid 40 Percent During Recession
While the American public was bailing out Wall Street, those same taxpayers saw their families’ net worth decline by nearly 40 percent. The recession took roughly 20 years of Americans’ wealth,...
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October Job-Creation Numbers Show Slight Uptick
The October employment report won’t blow anyone out of the water, but showed a modest improvement that caused many to breathe a sigh of relief. According to the Department of Labor, 171,000 jobs were...
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