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real estate: Economic Update for the Week of April 14, 2008 - 04/14/08 10:12 AM
The Economic Report  
Flagstar Bank
April 14, 2008
Highlights from the past week:
The week started with a Federal Reserve report detailing a lower than expected increase in February consumer borrowing.  Overall consumer credit increased 2.44 percent.  At mid-week, the latest FOMC meeting minutes were released.  The minutes revealed what most of the economic world expected - further credit restrictions and continued housing weakness straining the economy.  Next the Commerce Department reported that U.S. wholesale inventories increased more than expected in February by 1.1 percent.  This was accompanied by a 0.8 percent decrease in wholesale sales.  The Labor Department released data about jobless claims … (0 comments)

real estate: Economic report for the week of April 14, 2008 - 04/11/08 07:45 PM
The Economic Report  
Flagstar Bank
April 14, 2008
Highlights from the past week:
The week started with a Federal Reserve report detailing a lower than expected increase in February consumer borrowing.  Overall consumer credit increased 2.44 percent.  At mid-week, the latest FOMC meeting minutes were released.  The minutes revealed what most of the economic world expected - further credit restrictions and continued housing weakness straining the economy.  Next the Commerce Department reported that U.S. wholesale inventories increased more than expected in February by 1.1 percent.  This was accompanied by a 0.8 percent decrease in wholesale sales.  The Labor Department released data about jobless claims … (0 comments)

real estate: Economic Report - March 10, 2008 - 03/12/08 11:16 PM
The Economic Report 
Flagstar Bank
March 10, 2008
Highlights from the past week:
Last week was another volatile one.  The week started with the February ISM Manufacturing Index coming in at a five year low with a reading of 48.3.  The Commerce Department's report on factory orders was as expected, a 2.5 percent decrease in February.  All the data so far points to a further weakening economy which bodes well for Treasuries, but the deep concern about the housing and mortgage industries caused a large sell-off in mortgage backed securities. The week ended with a much weaker than expected unemployment report.  In February employers … (0 comments)

 
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Jeff Mccool

Overland Park, KS

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Bank of the West

Address: 9400 Antioch, Overland Park, KS, 66212

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Get weekly updates on the economic outlook for the mortgage and real estate industries on a national basis. For more information please call me at 913-558-6469 or visit me online at www.JeffMcCool.com


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