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Message
Home sales down, Bankruptcy filings up
Posted on 1/5/10 at 10:20 am
Posted on 1/5/10 at 10:20 am
quote:
According to the industry group, November pending home sales activity dropped by 16% to a reading of 96.0, compared with the previous month’s reading of 114.3. The drop was much larger than expected by Wall Street, which was looking for a dip of 2% for the indicator for November.
LINK
quote:
Personal bankruptcy filings rose by 32% 2009 over the previous year as more Americans faced financial hardship due to unemployment and home foreclosure.
LINK
Economy is turning around.
3
Posted on 1/5/10 at 10:35 am to BeaverPRO
One of the crazier "statistics" is that filings were generally done by people making 40-80k...now we're seeing them for people between 100-300k...
I guess that's not really a big surprise...you can get in-over your head just as easily making 80k v 300k...stupid is as stupid does...
I guess that's not really a big surprise...you can get in-over your head just as easily making 80k v 300k...stupid is as stupid does...
Posted on 1/5/10 at 11:40 pm to BeaverPRO
Posted on 1/6/10 at 6:55 am to BeaverPRO
quote:Yes it is.
Economy is turning around.
Posted on 1/6/10 at 8:23 am to LSURussian
quote:
in December individual tax withholdings were $151.7 billion, a surprising 9.4% reduction from December 2008 ($166 billion), while corporate tax withholdings were down a whopping 16.1%, at $39.8 billion.
LINK
Things are looking up.
Posted on 1/6/10 at 9:33 am to tygerstripes
quote:Yes they are.
Things are looking up.
Posted on 1/6/10 at 7:53 pm to tygerstripes
quote:I'll believe it when I see it....
Things are looking up.
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