Refine Search

  •  
  •  
Why your rent will rise again this year

...climbed in the past year, and that will help many of them move out of their parents' homes," says Jed Kolko, chief economist at online real estate firm Trulia. "Most of them will be renters first."More people vying for apartments helps...

http://chronicle.augusta.com/news/business/2015-04-14/why-your-rent-will-rise-ag
US retail sales heat up in March; has big thaw arrived?

...suggests to us that we should expect very strong retail sales numbers over the next few months," said Ian Shepherdson, chief economist at Pantheon Macroeconomics.Clothing purchases rose 1.2 percent and furniture buying increased 1.4 percent...

http://chronicle.augusta.com/news/business/2015-04-14/us-retail-sales-heat-march
Survey: US businesses add 189k jobs in March

...it's a decline from 214,000 jobs added in February."Job growth took a step back in March," said Mark Zandi, chief economist of Moody's Analytics, which analyzed the survey data.Falling oil prices would generally lead to greater consumer...

http://chronicle.augusta.com/news/business/2015-04-01/survey-us-businesses-add-1
Signed contracts to buy US homes climb to 20-month high

...pool of prospective homebuyers is now rising more rapidly than at any time since the crash," said Ian Shepherdson, chief economist at Pantheon Macroeconomics.Existing homes sold at an annual pace of 4.88 million in February, slightly below...

http://chronicle.augusta.com/news/business/2015-03-30/signed-contracts-buy-us-ho
Why US job growth isn't boosting the economy and cheap gas isn't powering spending

...spending. So the economy has suffered all the downside, while the upside has yet to appear, said Carl Tannenbaum, chief economist at Northern Trust.MEAGER PAY RAISES: It's hard for consumers to spend more if their paychecks barely move. Average...

http://chronicle.augusta.com/news/business/2015-04-05/why-us-job-growth-isnt-boo
US employers added just 126K jobs in March

...them further pause about a June rate hike."I think (June) is completely off the table," said Carl Tannenbaum, chief economist at the financial services company Northern Trust.The Fed won't likely raise rates until it sees evidence of consistently...

http://chronicle.augusta.com/news/business/2015-04-03/hiring-slowdown-us-employe
US economic growth rate unrevised at 2.2 percent in Q4

...over-lending or other problems," said Mark Zandi, chief economist at Moody's Analytics. "We are a long way from...six-year stretch of rates near zero.Nariman Behravesh, chief economist at IHS Global Economics, thinks that growth will...

http://chronicle.augusta.com/news/business/2015-03-27/us-economic-growth-rate-un
Business news

...mortgage-lending standards weighed on builders' confidence this month, said David Crowe, the builder group's chief economist.Valeant pushes Endo out of Salix biddingValeant raised its offer for Salix Pharmaceuticals Ltd. by more than...

http://chronicle.augusta.com/news/business/2015-03-16/business-news
Harsh weather freezes US economy for a 2nd year, though the slowdown is likely temporary

...is simply nothing in other data to suggest consumers have gone into an all-out retreat," said Richard Moody, chief economist at Regions Financial.In fact, consumer spending jumped in the final three months of last year. Data released Wednesday...

http://chronicle.augusta.com/news/business/2015-03-12/harsh-weather-freezes-us-e
US adds a robust 295K jobs; jobless rate falls to 5.5 percent

...from cheaper gas, spending in January still rose at a decent pace after adjusting for lower prices.Mark Zandi, chief economist at Moody's Analytics, expects the economy to grow 3 percent this year, which would be first time it's reached...

http://chronicle.augusta.com/news/business/2015-03-06/us-adds-robust-295k-jobs-j