Third Quarter 2009 Foreclosures at an All Time High

An improving economy
The media and Uncle Sam want us to believe that times are getting better and that we are crawling out of the recession. In fact, there are some economic indicators that the economy is starting to come around.
The last few weeks have provided an increase in consumer spending, [...]

A restaurant in New Orleans suggests Foreclose on the Banks. Image from Flickr.

The Economy: How Hopeless is It?

The GDP continues to decline
According to preliminary estimates released by the Bureau of Economic Analysis, real gross domestic product — the output of goods and services produced by labor and property located in the United States — decreased at an annual rate of 5.7 percent in the first quarter of [...]

Small Gems of Good News About the Economy

Consumer spending, manufacturing index up
We all know that many sectors of the economy are continuing to get worse. However, there are a couple of key economic indicators that are ever-so-slightly getting better.
Manufacturing and consumer spending have both shown small increases this year.
Manufacturing taking a turn?
Despite many predictions to the contrary, [...]

Manufacturing plant in Nevada