So much interesting political rhetoric in the halftime Super Bowl ad from Chrysler featuring Clint Eastwood’s raspy, authoritative voice, beautiful multicultural imagery, and a hopeful message about the future of Detroit and the American automobile industry (even though Italian-based Fiat…
It looks like the U.S. economy might be in sustained jobs recovery. That recovery might even turn out to be a significant one. Just days before last Friday’s great jobs report, I posted about a whole series of economic releases…
Click here to read my City Talk column in the Savannah Morning News> about Savannah River dredging, jobs, and the environment. Two weeks ago, AJC PolitiFact examined Governor Deal’s claims that dredging would create jobs in the state: We found…
My City Talk column on Sunday is about the Savannah Harbor Expansion Project — the controversial plan to deepen about 30 miles of the Savannah River channel to accommodate larger cargo vessels expected to come to the East Coast after…
The Bureau of Labor Statistics monthly report for January was the most promising jobs report that we’ve seen in years. From the news release: Total nonfarm payroll employment rose by 243,000 in January, and the unemployment rate decreased to 8.3…
This is much better than expected. According to the Bureau of Labor Statistics: Nonfarm payroll employment rose by 243,000 in January, and the unemployment rate decreased to 8.3 percent. Job growth was widespread, with large gains in professional and business…
As most of you probably already know, I wrote a column and made a blog post about the redevelopment of the Backus Cadillac property on Victory Drive at the Truman Parkway here in Savannah. The developer is currently working closely…
I’m still sticking with my 2012 prediction of slow growth in the U.S. with lots of possible headwinds that will make things even worse. But we’re seeing data right now that suggests there could be more upside in 2012 than…
In today’s blog post about the latest Case-Shiller data, I bolded the particular bad data for Atlanta, which has seen precipitous home price declines in recent months. From the NYT’s In Atlanta, Housing Woes Reflect Nation’s Pain: A sprawling Southern…
We could see continued home price deterioration well into spring 2012 — and maybe a lot longer than that. Analysts can talk about low interest rates, improved job growth, and declining inventory all they want, but national trends won’t be…
Here’s how the Bureau of Economic Analysis characterizes today’s report that GDP increased at a 2.8% annual rate in the 4th quarter of 2011: The increase in real GDP in the fourth quarter reflected positive contributions from private inventory investment,…
I periodically post information about the current state of the economy from the Federal Reserve Bank of Chicago, which publishes a monthly economic index based on 85 weighted factors, and the Federal Reserve Bank of Philadelphia, which publishes a coincident…
And so the inter- and intra-state fighting continues. Now, according to The State newspaper in Columbia, S.C.: House lawmakers on both sides of the political aisle Wednesday decried a controversial decision that, they say, is disastrous for the Charleston port…
I’ve spent A LOT of time in recent years studying and writing about housing issues at the local and national level. And I’ve been frustrated by the unwillingness to take bold steps that would clearly help buoy the sector. The…
