Posts Tagged ‘ consumer spending ’

Retail Sales Bomb

May 10th, 2007 | By | Category: Macro Economics
April retail sales were expected to be weak, and excuses like an early Easter and bad weather were lined up in advance. The big surprise, however, was to the downside. April was a disaster for most retailers: "Though they may have crossed their fingers for an upside surprise here and there, ...read more

Tags: , , , , ,
Posted in Macro Economics | No Comments »


Falling Dominoes

Oct 3rd, 2006 | By | Category: Macro Economics
The Sentinel is reporting that in Massachusetts, "State Targeting Abusive Lenders": "The state Division of Banks is cracking down this month on what it sees as abusive business practices by mortgage lenders and brokers. "The agency issued a series of new emergency regulations earlier this month, requiring better documentation from lenders and ...read more

Tags: , , ,
Posted in Macro Economics | No Comments »