Month: April 2017

Home sales up: High demand, low inventory driving market

04/30/2017

Comments from Dr. Eisenberg’s 2014 study commissioned by the Home Builders and Remodelers Association of Massachusetts lend insight on housing predictions for Worcester County, MA. Read more here.

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High Storage Levels, Low Oil Prices

04/29/2017

After almost reaching $55 per barrel (bbl), oil prices are again falling. What makes this decline particularly baffling is that in late 2016, after seeing prices languish for two years, the Organization of Oil Producing Countries (OPEC) announced that it,…

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Lousy Luck

04/28/2017

The Friday File: Total per capita gambling losses, defined as losses minus winnings, experienced by Americans are about $375/person, good enough for 5th highest in the world. In fourth place is Finland, where gambling losses are about $400/person. In third…

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Government Growth

04/27/2017

In 16Q3 and in 16Q4, the combined addition to real US GDP by all levels of government (federal, state and local) was 0.07 and 0.06 of a percentage point respectively. That was weak. Government spending should consistently contribute roughly 0.40…

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Trump Taxes

04/26/2017

President Trump has boldly proposed cutting the top corporate tax rate from 35% to 15%, lower than any Republican plan circulating on Capitol Hill. Assuming no offsetting tax increases, this will raise the debt by easily $2.2 trillion over a…

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Brexit Bargaining

04/25/2017

The British pound jumped 2.3% following the announcement of a snap June election. Presently, the Hard Brexiteers (HBs), those calling for a total break with the EU without any trade pact, have enough seats in Parliament to limit PM May’s…

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Realtors packed the house to hear experts talk about economic and real estate trends

04/25/2017

Elliot Eisenberg, with Graphs and Laughs, talks about the national economy during a NABOR summit on Wednesday, April 26, 2017. Laura Layden/Naples Daily News Read more here.

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Declining Death

04/24/2017

Since capital punishment was reintroduced in the USA in 1977, about 1,400 people have been killed. The number of annual executions steadily rose through 2000, peaking at almost 100. Since then, the number of executions has declined annually except for…

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Waxing Water

04/21/2017

The Friday File: In 2016, Americans, for the first time, consumed more bottled water than soda. Consumption of bottled water totaled 39.3 gallons/person, while soda consumption was 38.5 gallons/person. By revenue generated, soda is still tops at $39.5 billion compared…

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Closure Concern

04/20/2017

While the VIX, the Wall Street fear index, is still very low at 16, it’s up from 10.96 on 3/3/17. While French elections, tensions with Russia and North Korea are all possible culprits, the driver is 4/28/17. Absent a budget…

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