Maxioms by Joseph Abate
The fact that households are saving so little, even with strong growth in personal income, is a potentially troubling development.
The fact that households are saving so little, even with strong growth in personal income, is a potentially troubling development.
On net, we'll see some damage and a hit to corporate profits and proprietors' income, but that effect is temporary. read more
On net, we'll see some damage and a hit to corporate profits and proprietors' income, but that effect is temporary. But in the next quarter, we will get some mild stimulus from the rebuilding. Certainly, it will have no major, permanent effect on the economy.
Warm weather and a post-December rebound in new activity will likely boost construction payrolls. Retail employment should also enjoy a read more
Warm weather and a post-December rebound in new activity will likely boost construction payrolls. Retail employment should also enjoy a post-holiday boost.
The increase in gasoline prices and the prospect of a long, expensive winter is depressing sentiment.
The increase in gasoline prices and the prospect of a long, expensive winter is depressing sentiment.
There has been some spotty signs of a cooling in the broader housing market.
There has been some spotty signs of a cooling in the broader housing market.
