When Will Housing Get with the Program??

February 11, 2011  With each new economic indicator the economic outlook gets stronger and more widespread.  But housing continues to languish.  Why?  When might we expect it to accelerate?   It is no great surprise that the housing market has been the worst since the...

An Emerging Swan?

August 6, 2010  Most economists are painting a rather gloomy outlook for the economy for the balance of this year.  They point to weakness in housing, the modest rate of GDP growth in the second quarter, and less than impressive employment gains.  They worry about a...

Still Chugging!

August 1, 2010  Second quarter GDP growth came in at 2.4% which was somewhat less than anticipated. At the same time, first quarter growth was revised upward by about a percentage point to 3.7%.  This means that during this first year of expansion the economy has...