A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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Posts Tagged ‘ Housing Recession ’
The New Fiscal Nightmare: 2012 State Budget Cuts
After nearly three years of economic recovery, the crisis in state and local budgets continues to worsen. Even though state tax revenues are picking up, mandated spending obligations and the loss of federal stimulus money still put heavy pressure on s...
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Bankruptcies soar despite stiffer laws, higher costs
Growth Industries
The Chicago metro area's bankruptcy cases are on pace to rise even more, with 38,376 individuals filing so far this year.
http://www.suntimes.com/business/2747476,CST-NWS-bankrupt27USETHIS.article
Three examples of how Chicago are...
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More Little Lies and Big Spin- Gains or Blips?
The FIM (Financial Infomercial Media) has gifted us with more nonsense today in the form of Pending Homes Sales data from the NAR (Realtors) and the Purchasing Managers Manufacturing Index from the ISM (Purchasing Managers). Bloomberg was positively ecstatic about the housing data, proclaiming “The number of contracts to buy previously owned homes rose...
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