- Joined
- Mar 21, 2005
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News from the past two days:
Dana, remember your doomsday post about the Bursting Housing Bubble?
Well.....
"March sales of new homes jumped 14%, the most since April 1993."
Also:
The Dow Jones Industrial Average climbed to a six-year high as corporate earnings beat analysts' forecasts and sales of new homes surged.
And:
A 13.8 percent increase in the sales of new homes and a 6.1 percent jump in orders for durable goods signal that the economy, which had built up momentum in the first two months of the year, picked up even more speed last month.
And:
Employers expect to hire 13.8 percent more graduates straight out of college than they did last year, according to a recent study by the National Association of Colleges and Employers.
More than 60 percent of the employers surveyed said they planned to hire more new college graduates, while 22.5 percent said they would hire as many as they did last year, according to the report. The annual study’s findings are the result of surveying employers who are members of the association about their hiring plans for the upcoming graduation season.
Trudy Steinfeld, executive director of the Wasserman Center for Career Development, said this season was the best for hiring since 1999.
And:
Employers expect to raise starting salaries by 3.7 percent in order to attract enough college graduates to fill the increasing positions, according to Koncz.
And:
Keeping his options open, Federal Reserve Board chairman Ben Bernanke signalled yesterday that after one more interest rate hike the American central bank may take a break — at least temporarily — from a rate-raising campaign aimed at keeping inflation at bay.
All this seems to add up to a pretty decent economy as far as I can tell.
Dana, remember your doomsday post about the Bursting Housing Bubble?
Well.....
"March sales of new homes jumped 14%, the most since April 1993."
Also:
The Dow Jones Industrial Average climbed to a six-year high as corporate earnings beat analysts' forecasts and sales of new homes surged.
And:
A 13.8 percent increase in the sales of new homes and a 6.1 percent jump in orders for durable goods signal that the economy, which had built up momentum in the first two months of the year, picked up even more speed last month.
And:
Employers expect to hire 13.8 percent more graduates straight out of college than they did last year, according to a recent study by the National Association of Colleges and Employers.
More than 60 percent of the employers surveyed said they planned to hire more new college graduates, while 22.5 percent said they would hire as many as they did last year, according to the report. The annual study’s findings are the result of surveying employers who are members of the association about their hiring plans for the upcoming graduation season.
Trudy Steinfeld, executive director of the Wasserman Center for Career Development, said this season was the best for hiring since 1999.
And:
Employers expect to raise starting salaries by 3.7 percent in order to attract enough college graduates to fill the increasing positions, according to Koncz.
And:
Keeping his options open, Federal Reserve Board chairman Ben Bernanke signalled yesterday that after one more interest rate hike the American central bank may take a break — at least temporarily — from a rate-raising campaign aimed at keeping inflation at bay.
All this seems to add up to a pretty decent economy as far as I can tell.