The government reported today that the economic growth for the U.S. is at 1.3% which is it’s slowest pace in 4 years. This reading was far worse than economists expected. As expected, the housing issues have caused consumer spending to pull back significantly. Economists had hoped the real estate market’s affect on the GDP would [...]

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In 2006 cost of electricity for the average homeowner went sky high. As a result of deregulation homeowners were put into a rate structure that is completely biased and inaccurate.
The new 5 tier billing system concludes that 580 kilowatt hours is considered average of all SCE customers and uses this as its baseline for establishing [...]

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A survey of 279 corporate chief financial officers in early December found 30 percent were “quite” to “very” concerned about recession next year, almost twice as many as were worried about inflation. And 59 percent of those surveyed described themselves as at least moderately concerned about a recession. Those levels of concern were a bit [...]

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Most economists expect slower growth and no downturn, but some recent signals are flashing red. Warning signs are flashing as the chances of a recession have risen significantly. Economists raise the odds from 25% to 35% in just a few months. What is causing this?
The home building sector is already in a recession. This has slowed growth [...]

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