In both 2023 and 2024, U.S. home sales languished at their lowest levels since 1995, with sales last month 20 percent below the same period in 2019, the Financial Times reported…
Category: TRENDS ON THE U.S. ECONOMIC FRONT – Jan 28 2025
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FOREIGN INVESTMENT POURS INTO THE U.S.
The proportion of global foreign investment being directed into the U.S. is the largest on record, the Financial Times reported, emphasizing the strength of the American economy compared to China’s or Europe’s.
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RECORD NUMBER OF CONSUMERS MAKING ONLY MINIMUM CREDIT CARD PAYMENTS
The proportion of credit card holders making only minimum payments rose to 10.75 percent in last year’s third quarter, the most since 2012, the Federal Reserve Bank of Philadelphia reported.
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U.S. ECONOMIC BRIEFS
In the week ending 18 January, jobless workers filed 223,000 new claims for unemployment benefits, compared to 217,000 the week before.
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ECONOMIC UPDATE—MARKET OVERVIEW
As that lovely old-time song sung by Dinah Washington—who like other “Greats” were once-upon-a-time the truly high, unique spirit of America before music was destroyed by the synthetic Geeks—“What a Difference a Day Makes.”
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TOP TRENDS: OFFICE BUILDING BUST, BANKS GO BUST
Take a look at the facts. While there is “big news” that President Donald Trump will force federal workers to return to the office, his demand accounts for nothing compared to the rest of the nation where remote work will remain a growing trend of the future.