Articles About Economics
- Author:
- James I. Clark III
- Posted:
- 09.11.2008
Fannie, Freddie and the American Taxpayer
As the United States government commits a bare minimum of $100 billion of taxpayer money to bail out Fannie Mae and Freddie Mac, the final reckoning depends on how effectively Washington runs the mortgage powerhouses. According to the Christian Science Monitor, with the sheer magnitude of Fannie and Freddie – with $5 trillion in home […]
- Author:
- Richard Gatto
- Posted:
- 09.03.2008
Economy Grows 3.3 Percent During 2Q
Contrary to the recent grim news about home foreclosures, bank failures, the credit crunch, rising unemployment rates, soaring oil prices, inflation and stock-market jitters, the United States’ economy — surprisingly — grew by 3.3 percent during the second quarter of 2008. The economy grew at its fastest pace in nearly a year, thanks primarily to […]
- Author:
- Tom Silva
- Posted:
- 08.01.2008
2nd Quarter 2008 Economic Update
The 2nd quarter of 2008 ended with a slight economic rebound – an extremely lethargic one – that raises new fears of a recession. The Commerce Department reported that the GDP increased at an annual rate of just 1.9 percent from April through June. Although an improvement over the feeble 0.9 percent reported during the […]
- Author:
- James I. Clark III
- Posted:
- 06.16.2008
Capital Markets
One of the biggest issues we’ve faced is the stability of the capital markets, which are slow but showing some signs of life. You have to look closely, but there are some positive signs. At the end of March, two office properties sold for more than $500,000,000 each. These included the UBS Tower in Chicago, […]
- Author:
- Tom Silva
- Posted:
- 06.02.2008
Retailers Take a Hit; Specialty Shops on the Move
Have you noticed that some of your favorite stores are disappearing? Tough economic times have made people rethink their discretionary spending, and that is impacting specialty retailers. According to a study by Commercial Property News and Claritas, a CPN-sister company specializing in retail-related demographic and marketing research, retailers are rethinking their 2008 growth plans. The Standard […]