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Trumix.com : Podcast : Business : Business

Richmond Fed President's Speeches

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Language: English
Category: Business / Business
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The Economic Outlook
Excerpt from speech: The background for today's economic situation is the remarkable boom in housing that ended a couple of years ago. From 1995 to 2005, new housing starts increased by more than 50 percent, and existing home prices increased by more than 150 percent (as measured by the Case-Shiller repeat sales index), and the homeownership rate increased significantly, from around 64 percent to 69 percent. Favorable fundamentals contributed to the boom; per capita real income grew much more r...

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[ 2008-07-08T12:00:00+05:00 ]


The Economic Outlook
My topic today is the current economic situation and the outlook for the period ahead. Motivating an interest in this topic has been somewhat easier than usual in recent months....

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[ 2008-06-16T12:00:00+05:00 ]

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