WASHINGTON - Consumer inflation was tame in 2009, with prices rising 2.7 percent. Yet families felt squeezed as their spending power sank in the face of falling wages, job losses and higher prices for energy, medical care and education.
WASHINGTON - Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, says the economic recovery needs to be firmly rooted before the central bank reverses course and begins to raise interest rates.
All-star home building executives answer the question of how to create value in today's market.
The year that was 2009 could be summed up in a word: transformative. America's home building leaders stood at the crux of the most complex economic, business, and social issues of our time.
When you look at all numbers for existing and new homes it appears that while housing is not declining significantly, it is not yet contributing to the V shaped recovery people are looking for.