In December 2009, U.S. owners of 349,519 properties received a foreclosure notice ForeclosureListings.com, confirmed that the national foreclosure rate in January was one foreclosure filing for every 466 U.S. households; the most severe problems continue in the West and in Florida. Unemployment, economic hardship, negative equity, and credit availability are driving the foreclosures. Yet between [...]
The Conference Board Leading Economic Index(R) (LEI) For France And Related Composite Economic Indexes For December 2009 The Conference Board Leading Economic Index® (LEI) for France increased 0.6 percent and The Conference Board Coincident Economic Index® (CEI) remained unchanged in December. The Conference Board LEI for France increased again in December as positive contributions from [...]
BNC Bancorp announced financial results of the fourth quarter and year ended December 31, 2009. For the fourth quarter, net income available to common shareholders totaled $1.29 million, or $0.18 per diluted common share, an increase of 167% compared to net income available to common shareholders of $483,000, or $0.07 per diluted common share, for [...]
Indicators Point to a Strengthening Recovery The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.3 percent in January, following a 1.2 percent gain in December, and a 1.1 percent rise in November. Says Ataman Ozyildirim, Economist at The Conference Board: “The U.S. LEI has risen steadily for nearly a year, led by [...]