Economic Indicators

Economic News

Foreclosures Show No Signs of Easing	Full Article
Irvine, CA, May 14, 2008--Foreclosures rose 65 percent in April compare to a year ago as more homeowners fell behind on mortgage payments last month, according to research firm RealtyTrac Inc.

Home Prices Plummet on Fewer High End Sales	Full Article
Washington, DC, May 13, 2008--Single-family home prices in the first quarter fell by the largest year-over-year amount since at least 1982, according to the National Association of Realtors.

Oil Price Hits a Record Tuesday on Iran Rumors	Full Article
Vienna, Austria, May 14, 2008--Concerns that Iran may cut oil production sent oil to a record price of nearly $127 per barrel yesterday.