2000 Words

Consider these charts:

As can be seen above, having a college degree is becoming worth less. And the cost continues to increase. Worst of all, one cannot default on student loans, so those who take on massive loans to fund their education will find that they are essentially slaves to the banks for . . . → Read More: The Value of College

Unstats for Unemployment

So just poking a bit at the news with the latest labor force data that came out yesterday..

PG headline: Region’s jobless rate falls a little.   The drop was 4/10ths of a percent was one of the largest month over month drops in a decade.  The only bigger drop was what is reported between . . . → Read More: Unstats for Unemployment

Manufacturing Sector Growth Hits 29 Months in a Row

Manufacturing continues to be the shining star in this recovery.  Several reports out this week underscore the fact that US factories continue to post solid results in a growing US economy.

The ISM report on business reported on Tuesday that their “PMI indicates growth for the 29th consecutive month in the overall economy, as . . . → Read More: Manufacturing Sector Growth Hits 29 Months in a Row

Economic Events on November 2, 2011

The Mortgage Bankers’ Association purchase index will be released at 7:00 AM EDT, providing an update on the quantity of new mortgages and refinancings closed in the last week.

The Challenger Job-Cut Report will be released at 7:30 AM EDT, providing an estimate of the number of layoffs in October.

At 8:15 AM EDT, . . . → Read More: Economic Events on November 2, 2011