September 2009 
There are 2 blog entries for September 2009.
Leading Indicators Show Recession ‘Bottoming Out’
Wednesday, September 23rd, 2009 at 7:56am. 436 Views, 0 Comments.
RISMEDIA, September 23, 2009—(MCT)—The U.S. recession is bottoming out and a recovery is near, economists for the Conference Board said recently after reporting that the index of leading economic indicators rose 0.6% in August 2009, the fifth straight increase.
The coincident index—designed to measure current activity—was flat in August after an upwardly revised 0.1% gain in July, the private research organization said. The increase in July was the first since September 2008 and just the second since the recession began in December 2007. Five of the 10 leading indicators improved in August, and two others were unchanged. The leading indicators are designed to forecast economic activity about six to nine months ahead. “These data add further evidence to…
Lexington, Ky., Dodges Fluctuating Home Prices
Tuesday, September 8th, 2009 at 8:23pm. 308 Views, 0 Comments.
By Christine Dugas, USA TODAY In the current housing market, Lexington, Ky., proves that boring is good. Recent home sales and prices there don't stand out.
In July, Lexington's sales were up 3% over a year ago, slightly below the national average and much lower than cities such as Miami, where sales climbed 64%.
Lexington, in the heart of Kentucky's bluegrass region, may not have benefited from the housing boom, but it also hasn't seen its housing market come spiraling down.
Through the years, its housing market has remained stable, says Gale Fulton, president of the Lexington-Bluegrass Association of Realtors. While most parts of the country saw home values increase from 10% to 60%, it has seen them hold steady at about 3%, she says.
And Lexington…
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