Geithner Sees “Economic Improvement” As Mortgage Delinquencies Hit All Time High

Even as Mr. Geithner, in prepared congressional testimony, claims that the economy is "recovering", the MBA announced yet another record number of mortgage delinquencies. At over 14%, the number of American homeowners either in delinquency or in foreclosure was an all-time record in.

At the same time, large areas in the Northeast and Midwest saw their greatest migration losses since 2008 Here, each of the 2011-2012 top gainers showed higher levels of migration than in 2010-2011. Immigration levels also took a hit over the past five years, in part, due to the same causes: a.

NEW YORK ( TheStreet) — Economic activity continued to show moderate improvement, particularly in consumer spending, travel and tourism and nonfinancial Consumer spending was a particularly strong area of growth as holiday retail sales saw significant gains from the 2010 holiday season.

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"We’ve been seeing quite a bit of activity," Wells said. An increase in temporary workers is an indication that companies are expecting more business but are reluctant to commit to full-time employees right now. Wells said there has been a particularly big demand for workers from mortgage companies.

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Job openings hit a high point. To understand the overall business climate, the U.S. Labor Department studies employment, today releasing data specific to job vacancies. Consumers over 30 are fueling the all-time high American debt, and it appears that hope is still seen in the next generation who isn’t.