Worse news, everyone: The economy shrunk 2.9%, the most since 1Q2009

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Large housing inventories to be sold at deep discounts in 2011: DBRS Fed officials stay cautious in shifting market Worse news, everyone: The economy shrunk 2.9%, the most since 1Q2009 The rest was crony capitalism of the worst kind. However most reputable economists agree if loans were issued properly, none of the ensuing economic collapse.

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The "good news" is only an improvement in one month’s figures. But in fact it’s much worse than that. This chart [see also 9.46am]see the ONS’s release shows how far UK industrial production has.

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Housing Affordability Dips to Four-Year Low in Second Quarter August 14, 2013 While rising home prices across the nation may be good news as they imply recovering markets, the trend may dampen. Introducing: HousingWire’s weekly news podcast