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Housing Affordability Continues to Improve

added: 02-10-2008

PMI Mortgage Insurance Co. released its Fall 2008 U.S. Market Risk Index(SM), which shows increases in foreclosures and unemployment have significantly heightened the risk of future home price declines. PMI's U.S. Market Risk Index(SM) ranks the nation's 50 largest metropolitan statistical areas (MSAs) according to the likelihood that home prices will be lower in two years.

Online Job Demand Drops in September 2008

added: 02-10-2008

Online advertised vacancies fell by a seasonally adjusted 216,000 in September to 4,418,000 with widespread losses across the regions and the States, according to The Conference Board's Help-Wanted Online Data Series (HWOL)™.

Euro Area Unemployment up to 7.5% in August 2008

added: 01-10-2008

The euro area (EA15) seasonally-adjusted unemployment rate stood at 7.5% in August 2008, compared with 7.4% in July3. It was 7.4% in August 2007. The EU27 unemployment rate was 6.9% in August 2008, unchanged compared with July. It was 7.1% in August 2007.

Main Street at Risk from Frozen Credit Markets

added: 01-10-2008

Short-term credit markets have effectively seized up in recent weeks, causing companies to hoard cash and take defensive actions, including reducing capital spending, freezing hiring, considering layoffs, and delaying payments to their suppliers. These findings, from the 2008 AFP Short-Term Credit Access Survey, were released by the Association for Financial Professionals (AFP).

Continued Record Home Price Declines According to the S&P/Case-Shiller Home Price Indices

added: 01-10-2008

Data through July 2008, released by Standard & Poor's for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, shows continued record declines and a continuation in the trend of double digit declines across many cities in the prices of existing single family homes across the United States.

Consumer Confidence Edges Up Slightly Reports The Conference Board

added: 01-10-2008

The Conference Board Consumer Confidence Index™, which had improved moderately in August, posted a slight gain in September. The Index now stands at 59.8 (1985=100), up from 58.5 in August. The Present Situation Index decreased to 58.8 from 65.0 last month. The Expectations Index, however, increased to 60.5 from 54.1 in August.

ECB: Euro Money Market Survey 2008

added: 01-10-2008

The European Central Bank (ECB) is publishing a report entitled "Euro Money Market Survey 2008".

Financial Centres Become More Transparent, But Information Exchange Remains a Problem for Some

added: 01-10-2008

Advances are being achieved in bringing greater transparency to financial centres around the world, but progress on exchange of information on tax issues is more limited, according to OECD’s latest report on its drive to bring more fairness to cross-border tax co-operation.

Annual Inflation in the OECD Area at 4.7% in August 2008

added: 01-10-2008

Consumer prices in the OECD area rose by 4.7% in the year to August 2008, compared with 4.8% in the year to July 2008. On a monthly basis, the price level decreased by 0.1% in August, compared with a rise of 0.4% in July.

US Metropolitan Area Employment and Unemployment in August 2008

added: 01-10-2008

Unemployment rates were higher in August than a year earlier in 354 of the 369 metropolitan areas, lower in 13 areas, and unchanged in 2 areas, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

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