by sslifer | Feb 22, 2019 | Commentary for the Week, NumberNomics Notes
February 22, 2019 The housing slump continues. Existing home sales have been falling steadily for a year. Why? Is the slide attributable to a drop-off in demand? Or does it reflect some sort of a supply constraint? We think it is primarily the latter. The...
by sslifer | Feb 11, 2011 | Commentary for the Week
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...
by sslifer | Aug 14, 2010 | Commentary for the Week, NumberNomics Notes
August 14, 2010 The stock market had a bad week in large part because the Fed joined the chorus of those who fear particularly slow growth in coming months, or even a drop back into recession. Having spent a decade working for the Fed I have the greatest respect for...
by sslifer | Aug 6, 2010 | Commentary for the Week, NumberNomics Notes
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...
by sslifer | Aug 1, 2010 | Commentary for the Week, NumberNomics Notes
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...
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