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credit worthy families in their homes Sales of existing single family homes were down 0 4 percent last month and 9 3 percent over the past year The median sales price of existing single family homes was 228...

and ensure that irresponsible underwriting of this magnitude is not allowed to happen again This month Senator Schumer introduced legislation to lift the GSE conforming loan limit to above the current...

payroll numbers processed by ADP for August show that private payrolls grew by only 38 000 jobs last month Adding to that projected growth of 20 000 government jobs the ADP advance estimate suggests that growth...

quick facts on today s economic news Economic growth rebounded in the second quarter of 2007 Real inflation adjusted gross domestic product GDP grew at a 3 4 percent annual rate in the second quarter That...percentage point off the pace of GDP growth Consumer spending slowed sharply in the second quarter Real inflation adjusted consumption expenditures grew at a 1 3 percent annual rate That is considerably slower...

PROVES WE MUST ACT TO STEM THE TIDE OF SUBPRIME MORTGAGE MELTDOWN Favorable Consumer Confidence and Inflation Measures Tempered by More Bad News for Housing and Home Construction Today the U S Department of...volatile food and energy rose 0 1 in June matching its rise in the previous three months and placing inflation in the Federal Reserve s preferred range Separately the Conference Board announced the Consumer...subprime foreclosures which would help bolster the housing market The good economic news on the inflation and consumer confidence front is tempered once again by weak housing and construction data and a...

1 4 percent over the past year and the 12 month pace has declined since the start of last year By comparison at the same point in the 1990s recovery 12 month growth in payrolls was 2 3 percent and rising...

Headline CPI U inflation was 0 15 percent m m The food price index increased 0 16 percent m m The energy index remained unchanged m m Core CPI U inflation was 0 17 percent m m Core inflation excludes food...Year over year inflation Headline CPI U inflation was 2 9 percent y y The food price index increased 2 2 percent y y The energy price index increased 1 1 percent y y Core CPI inflation was 3 2 percent...Cumulative headline CPI U inflation was 20 2 percent The food price index has increased 22 percent The energy price index has increased 40 2 percent Cumulative core CPI U inflation was 18 3 percent Real average...

2018 the share of adults who reported spending an evening with a neighbor at least several times a month dropped from 44 percent to 29 percent 34 In addition since 2008 the Current Population Survey hereafter...garden tools From 2008 to 2017 the share of adults who reported talking with neighbors a few times a month or more fell from 71 to 54 percent and the share who reported doing favors for their neighbors fell...bygone America Figure 1 Percent of adults who have informal interactions with neighbors a few times a month or more Source Social Capital Project analysis of CPS Civic Engagement Supplement 2008 2011 and 2013...

current recovery would have needed to produce roughly 100 000 additional private sector jobs each month in order to have simply been average see Figure 5 FIG 5 CURRENTRECOVERYMISSING 100K PRIVATE SECTOR...with other post 1960 recoveries While not perfect this measure is useful because it accounts for inflation and is not distorted by changes in household or family structure over time In the 52 months since...personal income advanced a paltry 3 7 since the recession ended through October 2013 adjusted for inflation the S P Total Return Index soared by nearly 95 over the same period see Figure 18 FIG 18 MAIN STREET...

expenditures are directly deployed by private firms not by governmental actors Construction cost inflation has also been a substantial issue in the past few years but even after accounting for the specific...costs involved in the construction of industrial building there has been a doubling in the real inflation adjusted output associated with manufacturing structures 4 Gordon R J and H Sayed 2020 Transatlantic...