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A recovery in U.S. housing will have to wait at least until next year. The outlook for the home market dimmed this week as residential construction and mortgage applications fell and loan delinquencies reached a record. Full Article at Worcester Telegram & Gazette
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The outlook for the home market dimmed this week as residential construction and mortgage applications fell and loan delinquencies climbed to record levels, prompting analysts to predict that a recovery in U.S. housing will be on hold until well into... Full Article at Austin American-Statesman
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WASHINGTON, DC - FEBRUARY 1: Moderator David Gregory (2R) hosts a roundtable discussion with editor-in-chief of Forbes Steve Forbes (L), economist Mark Zandi (2L) of Moody's Economy.com and CNBC anchor Erin Burnett during a taping of "Meet the Press"... View Photo »
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This data would suggest that Philadelphia's economy benefits from stronger exports, but not nearly as much as the rest of the nation
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A recovery in US housing will have to wait at least until next year. The outlook for the home market dimmed this week as residential construction and mortgage applications fell and loan delinquencies reached a record. Full Article at The Age
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A recovery in U.S. housing will have to wait at least until next year. The outlook for the home market dimmed this week as residential construction and mortgage applications fell and loan delinquencies reached a record. Full Article at Financial Post
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Nov. 20 (Bloomberg) -- A recovery in U.S. housing will have to wait at least until next year. The outlook for the home market dimmed this week as residential construction and mortgage applications fell and loan delinquencies reached a record. Full Article at Bloomberg.com
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WASHINGTON, DC - FEBRUARY 1: Economist Mark Zandi (L) of Moody's Economy.com and editor-in-chief of Forbes Steve Forbes take part in a roundtable discussion hosted by moderator David Gregory during a taping of "Meet the Press" at the NBC studios Febru... View Photo »
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Like the temporary extension of unemployment insurance benefits, work share has a high bang for the buck, as it provides financial help to distressed workers, who are likely to quickly spend any aid they receive
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46 Percent of Intelligence Squared US Audience in New York Decides That “Obamanomics” Are Working
PR-Inside.com
2009-11-18 15:52:01 - the team arguing for the motion, “Obama’s economic policies are working effectively,” swayed more to their side and they won the evening. Full Article at PR-Inside.com
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I know this is a pipe dream but can we get someone in office who is not in bed with the bankers? Either party. Full Article at Newsvine
About Mark Zandi
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WASHINGTON, DC - FEBRUARY 1: Moderator David Gregory (2R) hosts a roundtable discussion with editor-in-chief of Forbes Steve Forbes (L), economist Mark Zandi (2L) of Moody's Economy.com and CNBC anchor Erin Burnett during a taping of "Meet the Press" at the NBC studios February 1, 200...
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Getty Images
WASHINGTON, DC - FEBRUARY 1: Economist Mark Zandi (L) of Moody's Economy.com and editor-in-chief of Forbes Steve Forbes take part in a roundtable discussion hosted by moderator David Gregory during a taping of "Meet the Press" at the NBC studios February 1, 2009 in Washington, DC.
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WASHINGTON, DC - FEBRUARY 1: Economist Mark Zandi of Moody's Economy.com speaks as he is interviewed by moderator David Gregory during a taping of "Meet the Press" at the NBC studios February 1, 2009 in Washington, DC.
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WASHINGTON, DC - FEBRUARY 1: Economist Mark Zandi of Moody's Economy.com speaks as he is interviewed by moderator David Gregory during a taping of "Meet the Press" at the NBC studios February 1, 2009 in Washington, DC.
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WASHINGTON - JANUARY 11: Bethany McLean (C), contributing editor of Vanity Fair, and Mark Zandi (R), Chief Economist at Moody's Economy.com, listen as John Harwood (L), of the New York Times and chief Washington Correspondent for CNBC, speaks during a live taping of 'Meet the Press'...
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Economist Mark Zandi of Moody's Economy.com speaks during a taping of "Meet the Press" at the NBC studios in Washington, February 1, 2009. Zandi was speaking about the stimulus package being debated in Congress and the current economic crisis.
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Economist Mark Zandi of Moody's Economy.com speaks during a taping of "Meet the Press" at the NBC studios in Washington, February 1, 2009. Zandi was speaking about the stimulus package being debated in Congress and the current economic crisis.
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WASHINGTON - JANUARY 11: Mark Zandi, Chief Economist at Moody's Economy.com speaks during a live taping of 'Meet the Press' at the NBC studios January 11, 2009 in Washington, DC. The panel discussion was focused on the current economy.
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Reuters Pictures
Mark Zandi, chief economist and cofounder of Moody's, testifies during the U.S. Senate Banking, Housing and Urban Affairs Committee hearing on the "The State of the Domestic Automobile Industry: Part II," for the big Detroit automakers on Capitol Hill in Washington, December 4, 2008.
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Economist Mark Zandi, left, accompanied by House Speaker Nancy Pelosi of Calif. , center, and economist Alan Blinder, speaks during a news conference on Capitol Hill in Washington, Wednesday, Oct. 21, 2009.
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Reuters Pictures
U.S. President Barack Obama sits with OMB Director Peter Orszag (L), Robert Greenstein (2nd L), founder and executive director of the Center on Budget and Policy Priorities, and Mark Zandi, Chief Economist and Co-founder of Moody�s Economy.com, as he hosts the Fiscal Responsibility Summ...
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AP Photo
President Barack Obama shakes hands with Center on Budget and Policy Priorities Executive Director Robert Greenstein, left, as Moody's economist Mark Zandi, second left, and Budget Director Peter Orszag, right, looks on after the president convened the Fiscal Responsibility Summit in th...
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AP Photo
President Barack Obama speaks at the Fiscal Responsibility Summit, Monday, Feb. 23, 2009, in the East Room of the White House in Washington.
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WASHINGTON, DC - FEBRUARY 1: (L-R) CNBC anchor Erin Burnett speaks during a roundtable discussion with economist Mark Zandi of Moody's Economy.com and editor-in-chief of Forbes Steve Forbes during a taping of "Meet the Press" at the NBC studios February 1, 2009 in Washington, DC.
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WASHINGTON, DC - FEBRUARY 1: (L-R) CNBC anchor Erin Burnett speaks during a roundtable discussion with economist Mark Zandi of Moody's Economy.com, editor-in-chief of Forbes Steve Forbes and moderator David Gregory during a taping of "Meet the Press" at the NBC studios February 1, 200...
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Reuters Pictures
James Fleming (L), president of the Connecticut Automotive Retailers Association testifies next to Keith Wandell (C), president of Johnson Controls, Inc. and Mark Zandi, chief economist and cofounder of Moody's Economy.com during the U.S. Senate Banking, Housing and Urban Affairs Commit...
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AP Photo
Auto executives, from left, General Motors Chief Executive Officer Richard Wagoner, UAW President Ron Gettelfinger, Ford Chief Executive Officer Alan Mulally, Chrysler Chief Executive Officer Robert Nardelli, Connecticut Automotive Retailers Association President James Fleming, Johnson...
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WASHINGTON, DC - FEBRUARY 1: Economist Mark Zandi (L) of Moody's Economy.com and editor-in-chief of Forbes Steve Forbes take part in a roundtable discussion hosted by moderator David Gregory during a taping of "Meet the Press" at the NBC studios February 1, 2009 in Washington, DC.
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This data would suggest that Philadelphia's economy benefits from stronger exports, but not nearly as much as the rest of the nation
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Like the temporary extension of unemployment insurance benefits, work share has a high bang for the buck, as it provides financial help to distressed workers, who are likely to quickly spend any aid they receive
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The concern is that they're not using those balance sheets, that they're not out investing or hiring. And until they do, the economy is not going to engage, and there is always the risk that we're going to fall back into recession
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Unemployment is rising while labor force is declining. Once labor force begins to rise, this will add to unemployment, as many coming back in will be unemployed
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Unemployment is rising while labor force is declining. Once labor force begins to rise, this will add to unemployment, as many coming back in will be unemployed
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It was no accident that the recession ended just as the stimulus kicked in
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This Great Recession is an inflection point for the economy in many respects. I think the unemployment rate will be permanently higher, or at least higher for the foreseeable future
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This Great Recession is an inflection point for the economy in many respects. I think the unemployment rate will be permanently higher, or at least higher for the foreseeable future
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The recession is over, a recovery has begun, and I think the stimulus has been a key part of that ... But if policymakers don’t do anything more than what they have already done, the economy will limp into the election, and unemployment will clearly be in double digits.
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The recession is over, a recovery has begun, and I think the stimulus has been a key part of that ... But if policymakers don’t do anything more than what they have already done, the economy will limp into the election, and unemployment will clearly be in double digits.
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Foreclosures should remain really high as long as unemployment is rising, and that is through next spring
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10.5 percent is a very reasonable expectation for the peak in unemployment, but I think it would be measurably higher if not for the stimulus package
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The economic recovery will not evolve into a self-sustaining economic expansion and risks unraveling back into recession until house prices stop falling
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The Great Recession is over, but the current economic recovery will be a difficult slog through much of next year
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The economy is not moving quickly from recession to expansion. It is moving in a very halting way
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That part of the economy is still in a very deep recession ... It's not recovering; it's still sliding.
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I think this financial panic and Great Recession is an inflection point for the financial system and the economy
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The economy is out of recession because of the stimulus
