Stories tagged with "chief economist"
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For retailers, surge in sales is sweet news
NEW YORK — Shoppers returned to the nation’s malls last month, buying a surprising amount of spring clothing and other items and helping stores post the strongest...
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Current home sales dip in Indiana
State drop of 1.4 lags nation; metro area plummets 18.4%% The 2010 housing market has gotten off to a rocky start in Indiana. Sales of existing homes in Indiana slipped 1.4 percent...
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Tastes in home decor have changed over the past decade
Goodbye to the armoire and the dining room (in many cases, the living room, too). Hello to the home office. Repurposed rooms, recycled materials and an increasingly relaxed...
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Now more than ever, good credit score is crucial to homebuyers
Five years ago, if your application for a mortgage included a 20 percent down payment, your bank would have approved your loan by sundown and sponsored a parade in your honor. But...
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Unemployment now in double digits
Many consumers are unemployed and having a hard...
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Fed likely to keep key interest rate at record low
WASHINGTON — Faced with lurking dangers to the budding recovery, Federal Reserve policymakers are sure to leave a key interest rate at a record low to entice Americans to...
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Don't expect jobs to rebound soon
Economists cite battered construction and auto industries, tight credit as major drags WASHINGTON — Even with an economic revival, many U.S. jobs lost during the recession...
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Survey: Most economists say that recovery has begun
80 think recession is over but say unemployment, deficits to remain high% NEW YORK — More than 80 percent of economists believe the recession is over and an expansion has...
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New home sales' increase is tiny
0.7 rise fails to meet expectations; sales of existing homes fall% WASHINGTON — New U.S. home sales posted a tepid 0.7 percent increase last month, missing Wall Street...
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Consumers slash borrowing by biggest amount on record
Economists: Such behavior could spell a lethargic recovery WASHINGTON — The amount Americans owe on credit cards and other consumer loans plunged a record $21.6 billion in...
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Can recovery grow as incomes remain flat?
WASHINGTON — Household income in the United States is essentially stagnant, raising doubts about whether consumers already hurt by job losses can sustain an economic...
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Bernanke's 2nd term was safe call
Obama cites Fed chief’s achievements, but replacing him might have imperiled recovery WASHINGTON — Giving Ben Bernanke a second term as Federal Reserve chairman was the...
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Back-to-school sales: Shoppers truant?
Stores use deep discounts to tempt tight budgets Back-to-school shopping this year means back-to-the-closet for many consumers. More than a third of shoppers say they will slash...
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Wary investors watching, waiting
NEW YORK — Investors can’t shake their worries that the economy won’t be able to lock in a recovery by the end of the year. Stocks finished mostly lower after...
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Lower home appraisals threaten rebound
Unintended consequence of new consumer rule is that lower valuations derail many sales Another culprit may be scuttling a U.S. housing recovery: low home appraisals. Flawed...
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Indy home prices fell 11.8% in 1Q
WASHINGTON — Home prices fell in nearly nine out of every 10 U.S. cities in the first quarter of this year as first-time buyers looking for bargains dominated the market. The...
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Home, building data help put S&P in green
NEW YORK — Another big rally on Wall Street has erased the losses suffered by the Standard&Poor’s 500 index this year. Gains in housing, financial and materials...
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S&P 500 turns positive for 2009
NEW YORK — Another big rally on Wall Street has erased the losses suffered by the Standard&Poor’s 500 index this year. The S&P 500, the market barometer preferred by...
