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Category: Economic Reports

April 19, 2012 Category: Economic Reports

Where Your 2011 Federal Tax Dollars Went

The Federal Income Tax deadline was two days ago (April 17), so I hope you filed on time or filed an extension to avoid those penalties. As you wrote that check to the IRS, did you happen to ask yourself, where is this money going?

Category: Economic Reports

Is The Time Right For The Fed To Begin QE3?

Now that the giddy effects caused by two enormous rounds of Quantitative Easing and an Operation Twist are starting to wear off for the credit-addicted Wall Street crowd, the question on every investors mind is: When will the Fed announce QE3?

September 26, 2011 Category: Economic Reports

‘Massive jobs shortfall’ predicted for global economy

International Labour Organisation said the group of developing and developed nations had seen 20m jobs disappear since the financial crisis in 2008.

September 22, 2011 Category: Economic Reports

10 Cities Where Rents Are Rising the Most

Here are 10 cities where rents are rising the most, according to data provided by research firm REIS.

September 20, 2011 Category: Economic Reports

IMF Sharply Downgrades Outlook for U.S, Europe

The world economy has entered a “dangerous new phase,” according to the chief economist of the International Monetary Fund. As a result, the international lending organization has sharply downgraded its economic outlook for the United States and Europe through the end of next year.

September 16, 2011 Category: Economic Reports

Gloom and Doom: Consumer Sentiment Plunges to 31-Year Low

Consumer sentiment inched up in early September but Americans remained gloomy about the future with their expectations falling to the lowest level since 1980, a survey released on Friday showed.

September 15, 2011 Category: Economic Reports

SAT Scores Fall Nationwide: Another Sign of U.S. Economic Decline

The College Board today announced that 43 percent of 2011 college-bound seniors met the SAT® College and Career Readiness Benchmark.

September 14, 2011 Category: Economic Reports

Income Slides to 1996 Levels

The income of the typical American family—long the envy of much of the world—has dropped for the third year in a row and is now roughly where it was in 1996 when adjusted for inflation.

Read the article…

Category: Economic Reports

Foreclosures Soar 200% in August

Bank of America is ramping up its foreclosure processing, sending out far more notices of default to borrowers in August than in previous months, well over 200 percent more month-to-month.

September 13, 2011 Category: Economic Reports

REPORT: U.S. Poverty Rate Soars to Nearly 1 in 6

The ranks of U.S. poor swelled to nearly 1 in 6 people last year, reaching a new high as long-term unemployment woes left millions of Americans struggling and out of work.

June 29, 2010 Category: Economic Reports

Secretive and Powerful BIS Annual Report Released

The very fabric and the seams of the financial system are coming apart. Who knows what the timetable is for the implosion of the current monetary system? We are witnessing the greatest wealth transfer in history, and the horrors of the aftermath of this tragedy will not be forgotten for decades.

June 23, 2010 Category: Economic Reports

Merrill Lynch: Gold Will Hit $1,400/oz by 2012

Merrill Lynch metals analysts maintain gold will hit a US$1,500 per ounce target by the end of next year as investor demand pushes gold prices higher.

June 21, 2010 Category: Economic Reports

China to Overtake U.S. as World’s Top Manufacturer

The US is about to end a 110-year run as the number one country in factory production.

June 16, 2010 Category: Economic Reports

Russia to Buy Canadian, Aussie Dollars for First Time

Russia may add the Australian and Canadian dollars to its international reserves for the first time after fluctuations in the U.S. dollar and euro.

June 10, 2010 Category: Economic Reports

UBS Forecasts: Gold, the ‘ultimate currency,’ to hit $1,500

AG said today in a report that projects prices will hit $1,500 (U.S.) an ounce in the next 12 months and says anything below $1,200 represents a buying opportunity.

Category: Economic Reports

Home repossessions hit record high in May

U.S. foreclosure activity fell in April as lenders repossessed homes at a record pace but started far fewer new actions against struggling homeowners, signaling a plateau in loan failures, RealtyTrac said on Thursday.

June 9, 2010 Category: Economic Reports

IMF: Risks to global economy have ‘risen significantly’

The risks to a robust global recovery have ‘risen significantly’ as many governments struggle with debt, a leading official from the International Monetary Fund has warned.

June 8, 2010 Category: Economic Reports

U.S debt to rise to $19.6 trillion by 2015

The U.S. debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015, according to a Treasury Department report to Congress.

June 3, 2010 Category: Economic Reports

U.S. National Debt Tops $13 Trillion Mark

The federal government is now $13 trillion in the red…