Good News on the Job Front. There were 246,000 new jobs created in the private sector in February of 2013. At the same time, the government cut 10,000 jobs. Therefore, a net of 236,000 Additional Jobs were created. According to the Wall Street Journal, The US public sector once again shed jobs in February, losing…Read More→
US GDP Contracts in 4th Quarter – Then Factory Orders Rise 1.8% in January
What is happening with our economy? We contracted .1% in the 4th quarter, yet created about 600,000 jobs. How can that be? Now we are looking back at January and factory orders rose 1.8%?? Everything I see shows the economy is growing. First, housing has been the big drag on the economy and the consumer….Read More→
Jobs Jobs Jobs – The Employment Report is out and +284,000 more Jobs than we thought yesterday!
Yes, the biggest boost our economy needs is JOBS. Put people to work and they spend more putting more people to work to spend more….. In January, only 157,000 jobs were created. However, revisions to November and December were quite substantial. With 247,000 in November, 196,000 in December and 157,000 in January, there are 600,000…Read More→
October Jobs up 171,000 plus revisions of +84,000 for the past 2 months unemployment rate 7.9%
There you have it, even with an election on the horizon jobs keep steadily pumping out! I can’t wait until next year. I don’t believe who the president is will matter. What will matter is we will be further on turning the corner from the financial crises which caused the housing crisis. Next year home…Read More→
New Home Sale Rise to Highest Level since 2010
New Home Sale Rise to Highest Level since 2010. That was when the First Time Home Buyer Tax Credit was in place and buyers rushed to buy homes and qualify for the credit. We are seeing it everywhere here in Metro Phoenix. Prices are rising, subdivisions are selling out and new ones are starting. I…Read More→
Arizona Business and Housing Trends September 2012
I thought I would put together a few recent news releases about what’s happening in the Arizona Business and Housing market as of September 2012. So, lets start off with the bad news. People are still going into bankruptcy. Well people are always using bankruptcy protection, but the rate is still high. But it is…Read More→
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