Changes in the gross domestic product from one quarter to the next can give you unique insight into whether the labor market is improving or getting worse.
The average price of a U.S. home has declined by one-third since 2006, but the good news is that things should be getting better in the not-too-distant future.
The big question for anyone returning to the housing market, or getting into it for the first time, is what are the long-term lessons to be learned from the recent housing downturn? Here are a few to keep in mind.
Detailed minutes from 2006 meetings of the Federal Reserve that have now been released show a systematic underestimation of the severity of the housing collapse that followed shortly after.
If it hasn’t felt like much of an economic recovery so far, there’s a good reason for that. The labor market is at a new low, incomes are stagnant and the country’s overall output is nearly $1 trillion below its potential.
It’s been more than two years since the recession ended and many consumers are still waiting to feel the full effects of the economic recovery. As it looks now, they might still have to wait a little longer.
Texas leads the way in job creation, thanks to an abundance of energy resources and government spending on military bases in the area.
A new report from Citibank suggests that American consumers are starting to feel chipper about the future of the U.S. economy.
A new report from the Federal Reserve Bank of New York says that speculative investing played a much greater role in the housing bust than previously thought.
