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Weekly Economic Update Archives
Please select what you would like:
- June 23, 2008 Update
Credit, oil challenge stocks. Mortgage rates up, housing starts fall. Leading indicators improve again.
- June 16, 2008 Update
CPI up, consumer sentiment down. "Unjustified" oil prices fall. Foreclosures up 48% from 5/07.
- June 9, 2008 Update
Spike in joblessness. Bernanke: rates just fine. Factory orders rise.
- June 2, 2008 Update
Inflation eases, spending increases. Is housing battling back? What oil didn’t do.
- May 26, 2008 Update
A crude question. Resales dip downward. Leading indicators edge forward. Mixed inflation data. Market retreats.
- May 19, 2008 Update
Oil climbs higher. Inflation reprieve in April. A jump in housing starts. Dip in retail, industrial sectors. Fannie Mae allows 3% down.
- May 12, 2008 Update
How high can oil go? Deal on housing rescue plan? Trade deficit shrinks. Fed sees less emergency borrowing.
- May 5, 2008 Update
Jobless claims shrink. Oil, gold recover some ground. Mortgages back above 6%.
- April 28, 2008 Update
Tax rebates come early. New home sales dip 8.5%. Consumers glum. Hybrid sales up 38% in 2007.
- April 21, 2008 Update
Dollar drops, recovers. Mixed inflation, production news. ARMs reset, foreclosures rise.
- April 14, 2008 Update
Lowest CSI since 1982. Oil, gold, gas prices rise. Housing help coming?
- April 7, 2008 Update
5.1% jobless rate. Mixed indicators. More cuts coming?
- March 31, 2008 Update
Consumer spending nearly flat. Surprise! Home sales rise. Gold & silver gain, oil slips.
- March 24, 2008 Update
Fed cuts, markets seesaw. Fed loans $28.8 billion. Mortgage rates plunge. Dollar up, gold & oil down.
- March 17, 2008 Update
Fed’s surprise move lifts stocks. Hint of hope for housing sector? CPI flat, but retail sales down.
- March 10, 2008 Update
Payrolls shrink... again. Home equity levels below 50%. Rising foreclosure rates.
- March 3, 2008 Update
Personal spending, inflation rise. Is the housing slump deepening? Consumer sentiment at 16-year low.
- February 25, 2008 Update
Fed forecast: gloomier. OK to sue your 401(k). David Walker resigns.
- February 18, 2008 Update
Consumer confidence: 16-year low. Recession, or no recession? A retail sales recovery. Buffett’s big offer. 6 lenders agree to a freeze.
- February 11, 2008 Update
Senate OKs stimulus plan. Service sector shrinks. 62 economists say: recession 50/50.
- February 4, 2008 Update
Another rate cut. New home sales sank 26% in 2007.
- January 21, 2008 Update
Bad numbers, big drop, bad mood. Consumer confidence up? Fewest housing starts since 1991.
- January 14, 2008 Update
Goldman Sachs sees recession. BofA will buy Countrywide. Lowest mortgage rates in 2+ years. Precious metals shine.
- January 7, 2008 Update
New year, weak numbers. Mortgage rates & mortgage apps down.
Click here to view Economic Updates for 2007
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