Daily Archives: December 11, 2012

Looking for Traction on the Edge of the Fiscal Cliff

With the election behind us and hurricane season brought to a dramatic conclusion by Hurricane Sandy, the U.S. economy lurches, stumbles or fades at the end of 2012. The three verbs all imply a transition from the deceptively solid 2.7 … Continue reading

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October International Trade, JOLTS, November NFIB Survey

            Business Optimism Fell in November, Survey Says Election to Blame The U.S. International Trade gap widened slightly as expected in October to -$42.2 billion. The NFIB Index of Small Business Optimism declined a sizeable 5.6 points in November. The … Continue reading

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Auto Affordability Better in Third Quarter

The purchase and financing of an average-priced new vehicle took 23.1 weeks of median family income in the third quarter of 2012, according to Comerica Bank’s Auto Affordability Index. Consumers on average spent $75 less on new cars in the … Continue reading

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