Homes in Fairfax, Vienna, Arlington, Alexandria

This morning, September 18th, the Bureau of Labor Statistics reported that The Producer Price Index for Finished Goods fell 1.4 percent in August, seasonally adjusted.  This decrease followed a 0.6-percent increase in July and a 0.2-percent decline in June.  At the earlier stages of processing, prices received by manufacturers ...

Volkswagen Arrives Bearing GiftsTo lure Volkswagen of America to Herndon, Virginia Gov. Tim Kaine (D) worked for seven months and authorized $6 million in incentives. So when he arrived this morning for the formal announcement ceremony to talk about the importance of Volkswagen's move to Northern Virginia, he first stopped a quarter mile ...

If you've been waiting for the right time to buy . . . it's now! T oday's Employment Report from the U.S. Department of Labor showed marked and unexpected weakness in non-farm payrolls, sending the stock market downward and the bond market upward (lowering bond-yields.) The 10-Year Treasury Note's yield is down nearly 3% and the ...

At the end of the 2nd quarter of 2007 the economy continues to stagger, although optimistically. Existing Home Sales for May (Nationally) were off slightly from the previous month, but still above analysts’ estimates with 5,990,000 units sold. New Home Sales came in at 915,000 units and were off by 15,000 units from both the ...

On the heels of the Conference Board's report last week of increases in the Leading Economioc Indicators, the Board reports this week that Consumenr Confidence is weakening. The Conference Board Consumer Confidence Index, which had bounced back in May, reversed course in June. The Index now stands at 103.9 (1985=100), down from ...

Gerald Connelly, Chairman of Fairfax County Board of Supervisors, was awarded the prestigious Leadership Award on Monday at the National Association of Regional Councils' annual meeting and convention.  Chairman Connolloy was recognized for his leadership at the Metropolitan Washington Council of Governments and for his dedicated pursuit ...

Last week we witnessed an anomoly in the Financial Markets.  Stocks went "down" and Bonds also went "down" (yields went up).  These are nearly contradictory movements.  Traditionally as money flees "from" equities (Stocks) it flees "to" Bonds, increasing Bond prices and simultaneously reducing ...

The Bureau of Labor Statistics reported today (June 6th) on Productivity, which was down about .7 (Business previously at 1.3, revised down to .0.5 and Non-Farm Business previously reported at 1.7 and revised down to 1.0) and the number of hours worked was down.  More troublesome though, were the BLS' revisions to previously reported unit ...

At today's (June 5th) address to the 2007 International Monetary Conference, Cape Town, South Africa (via satellite) Ben Bernanke, Chairman of the Fereral Reserve Board noted: "As you know, the downturn in the housing market has been sharp.  From their peaks in mid-2005, sales of existing homes have declined more than 10 ...

The Commerce Department reported today (June 4, 2007) that Factory Orders for manufactured goods were up 0.3% for April '07.  This report surprised industry analysts who were forecasting .7-.8% increases for non-durable goods, more than double the actual report.  This report also reflects a decrease from March '07 by 3.8% ...