From the category archives:

Economic Update

Weekly Economic Update – February 8, 2010

February 18, 2010

Debbie Whitlock Presents
Weekly Economic Update for the Week of February 8, 2010
Quote of the week. “Simplicity is the ultimate sophistication.”– Leonardo da Vinci
Jobless rate falls to 9.7%. The January statistic from the Labor Department was encouraging – a 0.3% drop from December. Bizarrely, there was no job growth even with that sizable decline – payrolls [...]

Read the full article →

Weekly Economic Update – February 1, 2010

February 2, 2010

Debbie Whitlock Presents
Weekly Economic Update for the Week of February 1, 2010
Quote of the week. “Reputation is what other people know about you. Honor is what you know about yourself.”– Lois McMaster Bujold
4Q GDP: 5.7%: That is the preliminary reading from the Commerce Department, and that is the best reading since 3Q 2003. Economists pointed [...]

Read the full article →

Weekly Economic Update – January 25, 2010

January 25, 2010

Debbie Whitlock Presents
Weekly Economic Update for the Week of January 25, 2010
 Quote of the week. “Popularity: it is glory’s small change.”– Victor Hugo
“Volcker rule” worries Wall Street. Investors frowned last week as the President talked of rules that would bar banks and bank holding firms from getting involved in hedge funds or conducting proprietary trading [...]

Read the full article →

Weekly Economic Update – January 18, 2010

January 19, 2010

Debbie Whitlock Presents
Weekly Economic Update for the Week of January 18, 2010
Quote of the week. “Laughter is by definition healthy.”– Doris Lessing
How about a too-big-to-fail tax? Last week, President Obama proposed a Financial Crisis Responsibility Fee – a tax on the largest U.S. banks to help repay $117 billion in TARP losses. Would banks respond [...]

Read the full article →

Weekly Economic Update – January 11, 2010

January 11, 2010

Debbie Whitlock Presents
Weekly Economic Update for the Week of January 11, 2010
 
Quote of the week. “Wisdom is found only in truth.”– Johann Wolfgang Von Goethe
Jobless rate stays at 10.0%. Hopes were high on Wall Street that unemployment would fall back to single digits, but at least things stayed flat for December. The positives: the 10.0% [...]

Read the full article →

Monthly Economic Update – January 2010

January 5, 2010

Debbie Whitlock Presents
Monthly Economic Update for January, 2010
_______________________________________________________________________________

Quote of the month. “It is a rough road that leads to the heights of greatness.” – Seneca
The month in brief. Many things went north last month: stocks, retail sales figures, mortgage interest rates, the U.S. Dollar Index, and the prices of many commodities. Some things went south [...]

Read the full article →

Weekly Economic Update – January 4, 2010

January 5, 2010

Debbie Whitlock Presents
Weekly Economic Update for week of January 4, 2010
______________________________________________________________________________
 Quote of the week. “Cheers to a new year and another chance for us to get it right.”– Oprah Winfrey
Consumers think positive. The latest index of consumer attitudes from the Conference Board came in at 52.9 last week, surpassing the 52.5 forecast in a Reuters [...]

Read the full article →

Weekly Economic Update – December 28, 2009

January 5, 2010

Debbie Whitlock Presents
Weekly Economic Update for the Week of December 28, 2009
_____________________________________________________
 Quote of the week. “Wise men make more opportunities than they find.”– Sir Francis Bacon
Another strong consumer spending gain. The Commerce Department announced consumer spending rose 0.5% in November, following a 0.6% increase in October. Personal incomes rose in November by the most in [...]

Read the full article →

Weekly Economic Update – December 21, 2009

January 5, 2010

Debbie Whitlock Presents
Weekly Economic Update for the Week of December 21, 2009 
Quote of the week. “Friendship marks a life even more deeply than love.”– Elie Wiesel
Interesting inflation figures. November data shows a 1.8% year-over-year gain in the Consumer Price Index. That’s the first positive 12-month change since February 2009. Core CPI was flat last month; [...]

Read the full article →

Weekly Economic Update – December 14, 2009

January 5, 2010

Debbie Whitlock Presents
Weekly Economic Update for the Week of December 14, 2009
Quote of the week. “Live in such a way that you would not be ashamed to sell your parrot to the town gossip.”– Will Rogers
We’re buying more. Retail sales rose 1.3% in November, and that is the third increase that the Commerce Department has [...]

Read the full article →