Economy

December 7, 2016

Existing Home Sales Hit 9-Year High in October

Sales of previously owned homes unexpectedly climbed in October to the highest level since February 2007, a sign of momentum in the housing market a month […]
December 6, 2016

Foreclosure Starts Fall to 11-Year Low

Foreclosure starts dropped to the lowest level recorded since January 2005, according to Black Knight Financial Services’ (BKFS) October First Look report.  In total, there were […]
December 5, 2016

A “New Normal” of Slow Growth Coming in 2017

The median estimate from economists surveyed by the National Association for Business Economics calls for the American economy to grow 2.2% in 2017, up from a […]
November 28, 2016

Black Friday/Cyber Monday Online Sales Top Forecasts

Black Friday’s blockbuster online sales don’t appear to have come at Cyber Monday’s expense.  As of 10 a.m., retail websites had raked in $540 million on […]
November 25, 2016

2016 Black Friday & Holiday Spending Predictions

The holidays (and holiday shopping) are officially here!  Today is Black Friday and Cyber Monday is just three days away.  Thus begins the month-long sprint to […]
November 24, 2016

Thanksgiving 2016 vs.1966: A Comparison

Today is Thanksgiving, a time when Americans gather with family and loved ones to share a traditional meal. Thanksgiving Day, November 24, has remained the same since […]
November 22, 2016

Modest Economic Growth Expected in 2017

The U.S. economy is expected to continue growing modestly in 2017, but the unknown about policies to be enacted by President-elect Donald Trump’s administration pose both […]
November 21, 2016

Budgeting for a Stress-Free Holiday

As the holiday season approaches, life can get downright crazy. Shopping, parties, school programs, buying groceries. With everything on your mind and on your calendar, it’s […]