Posts Tagged ‘home



06
Jan
13

Back to Base

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President Obama signs the Sandy flood aid bill on his return to the White House (Photo: Chuck Kennedy)

17
Oct
12

This, That and the Other

Ohio University’s College Green, Oct 17 (@BuzzFeedAndrew)

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Business Insider

This is really the big story of the moment: The full-on comeback in everything related to consumers and households.

Let’s just break it down really fast.

1. New housing starts are shooting straight up … 2. Retail sales growth: Re-accelerating …. 3. The Unemployment Rate: Collapsing (according to the government) …. 4. And the unemployment rate is collapsing according to Gallup …. 5. And car sales are surging …. 6. Revolving Consumer Credit. Back to growth …. 7. Gallup Economic Confidence is the best since May …. 8. Consumer discretionary stocks surging towards all-time highs …. 9. Homebuilder stocks highest since 2007 …. 10. Wal-Mart has finally busted out, and surged past its 2000 high …. 11. Even more impressive: Home Depot! Surging to multi-year highs …. 12. University of Michigan Consumer Confidence hits a 5-year high …. 13. Restaurant owners are saw a recent spike up in their outlook (they’re a great measure of consumer discretionary spending …. 14. Case-Shiller home prices are clearly on the rise.

Something really big is under way!

See the post for more, including graphs

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LA Times

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Reuters: Groundbreaking on new homes surged in September to its fastest pace in more than four years, a sign the housing sector’s budding recovery is gaining traction and supporting the wider economic recovery.

Housing starts increased 15 percent last month to a seasonally adjusted annual rate of 872,000 units, beating even the most optimistic forecasts on Wall Street, Commerce Department data showed on Wednesday.

It was the quickest pace of groundbreaking since July 2008…

More here

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Steve Benen: For all the Romney/Ryan efforts to convince Americans the economy is getting worse, reality stubbornly keeps getting in the way…

Groundbreaking on new homes surged in September to its fastest pace in more than four years, a sign the housing sector’s budding recovery is gaining traction and supporting the wider economic recovery…..

…. The unemployment rate is at its best point in four years; consumer confidence is at its best point in five years; the federal budget deficit is at its best point in four years. Just this week, reports on retail sales, industrial production, and new housing construction showed sharp and unexpected improvements.

This probably isn’t what Republicans wanted to hear…..

More here

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Cedar Rapids, Iowa (AP/Carolyn Kaster)

Cornell College, Mt. Vernon, Iowa (AP/Carolyn Kaster)

(Reuters/Jason Reed)

Ohio University, Athens, Oct 17 (Reuters/Jason Reed)

More photos tomorrow

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Cagle

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Click to see the rest of the post

21
Sep
12

Rise and Shine

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Today:

10:35: President Obama departs the White House en route Woodbridge, Va.

11:05: Arrives in Woodbridge, Va.

11:30: Delivers remarks via satellite at the AARP Life@50+ National Event & Expo at G. Richard Pfitzner Stadium in Woodbridge

12:45: Delivers remarks at a campaign event at G. Richard Pfitzner Stadium in Woodbridge (C-Span)

1:30: VP Biden and Jill Biden travel to Hanover, N.H., to deliver remarks at a campaign event at Dartmouth College

2:30: President Obama arrives at the White House

3:0 First Lady Michelle Obama delivers remarks at Morgan State University, Baltimore (need to check the time on this)

5:15: VP Biden and Jill Biden travel to Concord, N.H., to deliver remarks at a campaign event at the New Hampshire State House

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Washington Post: The last of the 33,000 “surge” troops President Obama ordered to Afghanistan in December 2009 have left the country, the Pentagon announced Friday, just ahead of a Sept. 30 deadline.

The number of U.S. troops in the war zone now stands at 68,000, Secretary of State Leon E. Panetta told reporters traveling with him during a week-long visit to the Asia-Pacific region. The troop count is down from a peak of 101,000 U.S. forces last year and marks the end of a critical phase in Obama’s war strategy.

…. The drawdown of U.S. forces is in keeping with Obama’s timetable to pull out all conventional combat forces by the end of 2014…

Full article here

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USA Today: Medicare beneficiaries have saved a total of about $4.5 billion on prescription medications because of the 2010 health care law since January 2011, the Department of Health and Human Services plans to announce today.

“We’re seeing consistent, steady savings for seniors thanks to the health care law,” said Jon Blum, director of the Center for Medicare. “In just 21/2 half years, seniors have seen billions in savings, and those savings will continue to grow as the doughnut hole is fully closed.”

More here

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Washington Post: In 3 1/2 years in office, President Obama has set in motion a broad overhaul of public education from kindergarten through high school, largely bypassing Congress and inducing states to adopt landmark changes that none of his predecessors attempted.

He awarded billions of dollars in stimulus funding to states that agreed to promote charter schools, use student test scores to evaluate teachers and embrace other administration-backed policies. And he has effectively rewritten No Child Left Behind, the federal law passed by Congress and signed by President George W. Bush, by excusing states from its requirements if they adopt his measures.

More here

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Loved this bit:

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Cagle

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Click to see the rest of the post

04
Sep
12

Better Off? Yup.

LA Times: Consumers bought cars at a steady pace in August as the automobile industry continued to help anchor the U.S. economy.

“August continues this summer’s trend of healthy growth,” said John Humphrey, senior vice president of global automotive operations at J.D. Power and Associates.

…. General Motors Co. said its U.S. sales rose 10% to 240,520 in August compared with the same month a year earlier.

Ford Motor Co. reported that sales increased 13% to 197,249 vehicles as shoppers gravitated to smaller cars.

…. Chrysler Group said its sales rose 14% to 148,472 vehicles compared with the same month a year earlier. It was the automaker’s best August sales since 2007.

More here

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ThinkProgress

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LA Times: Nationwide home prices shot up 3.8% in July, making their largest year-over-year leap since 2006…. The gain marks the fifth straight rise in the gauge, part of a positive swing following a year and a half of slumps. The last time prices rose so much was in August 2006, when they jumped 4.1%.

Prices in California bounded up 4.4%. Without distressed sales – including foreclosures and short sales – national prices were up 4.3% compared with last July.

The report, coming as a glut of house-hunters clamor after a shrinking inventory, suggests that the real estate market is “clearly seeing the light at the end of a very long tunnel,” said CoreLogic Chief Executive Anand Nallathambi in a statement.

More here

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@CharlesMBlow

29
Aug
12

This and That

Msg from The Obama Diary: Genuine bloggers who create their own posts are welcome to use anything from TOD – rebloggers, who only copy others in an attempt to up their traffic, are not. Like the reblogger who treats women like this – explicit – while copying TOD posts on women’s rights. He belongs in the GOP.

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President Obama arrives back at the White House, August 29

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Thank you Sosena ;-)

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Washington Post: President Obama used some of his toughest language yet against rival Mitt Romney today, accusing the Republican’s campaign of bragging that “we will not let the truth get in the way.”

Speaking to an outdoor crowd of 7,500 in downtown Charlottesville, Obama said Romney and his campaign have not told the truth in TV ads accusing the president of ending the work requirement in landmark welfare reform legislation that was passed in the 1990s.

“Somebody was challenging one of their ads,” Obama said. “They just they made it up about work and welfare. And every outlet said this was just not true. They were asked about it, and a campaign person said, we won’t have the fact checkers dictate our campaign plan. We will not let the truth get in the way.”

Read the full article here

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On British TV tonight, Iain Dale, a former Conservative Party election candidate …. jeez, even Thatcher worshipers recognize what the GOP has become:

Click here to see the rest of the post

07
Aug
12

Formidable

President Obama and first lady Michelle Obama will hit the trail together in Iowa next week, the campaign announced.

They’re set to make stops together on Wednesday, Aug. 15, in Dubuque and Davenport – the last two stops on the president’s three-day, seven-town tour of the Hawkeye State.

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The Grio

07
Jun
12

Home

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