2 Articles match "Conference","Los Angeles","Release"

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Mayors Predict Rising Foreclosures in 2008
Mounting home foreclosures will lead to “profound” effects on the economy next year, bleeding billions of dollars in lost tax revenues, shrinking job growth and reducing consumer spending in the nation’s major metropolitan areas, according to a new report released this week by the U.S. Conference of Mayors . Prepared by forecasting and consulting firm Global Insight , the report said weak residential investment, lower spending and income in the construction industry and curtailed consumer spending because of falling home values will combine to hold back the nation’s economic activity.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Economic Indicators: Image Is Everything
When reports of telltale economic indicators are released, if Wall Street perceives them as bad, the market takes an immediate tumble. Four real estate industry related reports have already been released this week, and Wall Street has reacted. 3) The Conference Board’s Consumer Confidence Index also came out Tuesday with its analysis showing that consumer confidence in the nation’s economy slid nearly 12 percent in March following a sharp When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. But when the indicators
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Mayors Predict Rising Foreclosures in 2008
    Mounting home foreclosures will lead to “profound” effects on the economy next year, bleeding billions of dollars in lost tax revenues, shrinking job growth and reducing consumer spending in the nation’s major metropolitan areas, according to a new report released this week by the U.S. Conference of Mayors . Prepared by forecasting and consulting firm Global Insight , the report said weak residential investment, lower spending and income in the construction industry and curtailed consumer spending because of falling home values will combine to hold back the nation’s economic activity.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Economic Indicators: Image Is Everything
    When reports of telltale economic indicators are released, if Wall Street perceives them as bad, the market takes an immediate tumble. Four real estate industry related reports have already been released this week, and Wall Street has reacted. 3) The Conference Board’s Consumer Confidence Index also came out Tuesday with its analysis showing that consumer confidence in the nation’s economy slid nearly 12 percent in March following a sharp When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. But when the indicators
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE