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You are here: Home / 2019 / February / Archives for 27th

Archives for February 27, 2019

Dec. Housing Starts Drop to Lowest Rate Since 2016

February 27, 2019 by Ted Leave a Comment

Photo of housing under construction

The U.S. Commerce Department released new data this week on housing starts for December 2018. Overall residential construction dropped to 1.08 million units on a seasonally adjusted annual rate or 11.2% lower than the November rate of 1.2 million units. This is the lowest rate of residential construction since September 2016.

See more on this key economic indicator…

[Read more…] about Dec. Housing Starts Drop to Lowest Rate Since 2016

Filed Under: Economic Trends, News, Statistics Tagged With: housing, housing starts, residential housing, starts

Nearly 8 of 10 Economists Predict Recession by 2021

February 27, 2019 by Ted Leave a Comment

graph showing economists expect recession ahead

A new survey by a business economics organization reveals that nearly 8 out of 10 economists (77%) say there will be a recession in the U.S. by 2021. A majority or 52% of them suggest that a recession will take place by the end of 2020. Yet even so, a majority of these economists anticipate that the Federal Reserve Board will continue to raise interest rates yet this year.

See the surprising results of this survey of economists…

[Read more…] about Nearly 8 of 10 Economists Predict Recession by 2021

Filed Under: Economic Trends Tagged With: inflation, recession, tariffs

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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