CoreLogic is the second-most watched home price index after S&P/Case-Shiller. The October data is a composite of August, September, and October. The data is not seasonally adjusted, so the size of the decline is not as worrisome as a similar…
A couple of things I wanted to point out in today’s Savannah Morning News. Of first note, Charlie Harper — columnist, businessman, and editor of the right-leaning political blog Peach Pundit (a site I check almost daily) — has a…
If you’d asked me a few weeks ago, I would have said that the federal government would almost certainly extend unemployment benefits for the long-term jobless as part of a package extended the payroll tax cut. But now it looks…
Considering all the desperate calls for the U.S. to weaken environmental standards and to make other moves to encourage oil exploration, it comes as a surprise to many — including me — that the U.S. is now exporting more fuel…
The AJC has interesting piece today updating some of the political tensions and concrete moves in the ongoing saga of the Savannah Harbor Expansion Project (SHEP) and late-to-the-game attempts to get a similar dredging of the Charleston harbor fast-tracked. Read…
Just a quick follow up to some recent posts about immigration. I’ve posted twice now about a restrictive new Alabama law that has resulted in not one but two foreign auto executives getting ticketed or detained. The most recent encounter…
Regular readers of this blog know that I rely on Calculated Risk for a lot of basic economic data. CR presents hard data, compiles key numbers into graphs, and generally gives people like me much of what we need to…
Last week, I posted Nothing “unintended†in arrest of Mercedes executive in Alabama. Now Alabama’s strict anti-immigration law, which has done some serious damage to the state’s agricultural sector and has caused all sorts of other problems, has led to…
A couple of points that I didn’t have a chance to make in an earlier post. The U-6 measure of unemployment, which according to the BLS includes “total unemployed, plus all persons marginally attached to the labor force, plus total…
According to preliminary data released this morning by the Bureau of Labor Statistics, the U.S. economy added a seasonally adjusted 120,000 jobs in November. The seasonally adjusted unemployment rate fell from 9% to 8.6%. That’s about the number of jobs…
Sorry to make the title so simplistic, but it really does feel like the Eurozone could go one of two ways after the last couple of days. The European Central Bank signaled that it might be more willing to be…
As Georgia legislators prepare for the 2012 session, let’s hope they ignore distractions like the proposed bills that would place a heavier burden on the state’s laid-off workers. Lawmakers should be spending their time looking at ways to improve the…
Georgia is the only state in the country to have statistically significant job loss over the last year. A new report from the Terry College of Business at the University of Georgia predicts that it will be 2020 before Georgia…
Yesterday’s post about the euro ended with brief speculation about the U.S. Federal Reserve’s possible involvement in supporting Europe. And then this morning early, the Fed joined other major central banks in a coordinated move that will add liquidity to…
