{"id":190694,"date":"2009-11-02T21:39:00","date_gmt":"2009-11-03T02:39:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/11\/02\/economics-update-132\/"},"modified":"2009-11-02T21:39:00","modified_gmt":"2009-11-03T02:39:00","slug":"economics-update-132","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/11\/02\/economics-update-132\/","title":{"rendered":"Economics Update"},"content":{"rendered":"
Click for full size<\/p>\n
\n

Commercial Real Estate Delinquencies<\/a>
$ billion<\/span><\/p>\n

<\/a>
Percentage
CRE Data H\/t Realpoint<\/a> (PDF) and FT Alphaville<\/a><\/p>\n

<\/a>
ISM Employment Index v BLS Manufacturing Employment H\/t Calculated Risk
<\/a>
<\/a>
Construction Spending<\/div>\n

Yeah, we are in some sort of recovery, though I still think that the underlying problems, particularly as pertain to finance and real estate, have not been addressed.<\/p>\n

The Institute for Supply Management’s Manufacturing index rose to 55.7 in October<\/a>, up from September’s 52.6 and its Manufacturing Employment index rose to 53.1<\/a>, the first time that this index has broken 50, showing expansion, since April 2006.<\/p>\n

On the other side of the Pacific, we have Chinese manufacturing growing for the 8th<\/sup> straight month<\/a>.<\/p>\n

Real estate news appears to be improving too, with construction spending rising in September<\/a>, and the NAR’s Pending Home Sales Index rising for the 8th<\/sup> month in a row<\/a>.<\/p>\n

This news has had the anticipated effects in currency and energy, with the dollar falling on an increased risk appetite<\/a>, and oil rising in expectation of increased demand<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Click for full size Commercial Real Estate Delinquencies$ billion PercentageCRE Data H\/t Realpoint (PDF) and FT Alphaville ISM Employment Index v BLS Manufacturing Employment H\/t Calculated RiskConstruction Spending Yeah, we are in some sort of recovery, though I still think that the underlying problems, particularly as pertain to finance and real estate, have not been …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1170,1080,973,1135,1221,1089],"tags":[],"class_list":["post-190694","post","type-post","status-publish","format-standard","hentry","category-china","category-currency","category-economy","category-energy","category-manufacturing","category-recession"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/190694"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=190694"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/190694\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=190694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=190694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=190694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}