Files containing subject housing costs

Economists have not given up forecasting recessions, but maybe they should...Forecasting recoveries, on the other hand, seems to be a piece of cake. [READ MORE]

A hackneyed but important fact is that consumer spending in the United States accounts for two-thirds of Gross Domestic Product (GDP). This was true in the 1970s (66 percent), 1980s (67 percent), and 1990s (67 percent). [READ MORE]