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How much money a county collects in sales taxes is one of the bigger indicators of the health of an economy. ...more
November 29, 2008
Home sales prices declined at record rates across the country in September. In the Tampa Bay area, prices continued to fall but hovered around the same rate of decline as the previous month. Bay area sales prices fell 18.5 percent in September compared with a year ago, according to the Standard & Poor's/Case-Shiller home price index released this morning. ...more
November 25, 2008
The record profit Florida's home builders made during the boom years has given way to massive problems with cash flow and credit that builders blamed Monday on banks hoarding billions in federal bailout dollars. ...more
November 25, 2008
The record profit Florida's homebuilders made during the boom years has given way to massive problems with cash flow and credit that builders in a news conference today blamed on banks hoarding billions of federal bailout dollars. ...more
November 24, 2008
This country's economic crisis has us all wondering what the future holds. Will the new president be able to reinvigorate the economy? When will the housing market rebound? How is the holiday season going to play out in terms of retail sales? ...more
November 23, 2008
A swarm of dire economic reports on Wednesday pushed the Dow Jones industrials to a five-year low below 8,000 points. What happened? Consumer prices plunged by the largest amount in 61 years, housing starts fell to the lowest level on record and the Federal Reserve sharply lowered its projections for economic activity this year and next. ...more
November 20, 2008
More Aid Coming The government will let more borrowers qualify for a new $300 billion program that lets troubled homeowners swap risky loans for affordable ones, a Bush administration official said Wednesday. ...more
November 20, 2008
Recession or no recession, a new poll by Quinnipiac University suggests that most Floridians feel they're in good shape financially. ...more
November 20, 2008
A swarm of dire economic reports on Wednesday pushed the Dow Jones industrials to a five-year low below 8,000 points. What happened? Consumer prices plunged by the largest amount in 61 years, housing starts fell to the lowest level on record and the Federal Reserve sharply lowered its projections for economic activity this year and next. ...more
November 20, 2008
Recession or no recession, a new poll by Quinnipiac University suggests a majority of Floridians feel their personal finances are in good shape. ...more
November 19, 2008
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