Archives: December 2012

New Job Numbers Far Exceed Expectations

Jobs numbers released this morning far exceeded forecasts, with the U.S. economy generating 146,000 jobs in November. This lowered the jobless rate to 7.7%, a four year low. Economists had expected the unemployment numbers to surge on the heels of Superstorm Sandy and the continuing inability of Washington to come to an agreement about the […]

Unemployment Filings Drop

The number of people filing for unemployment has returned to pre-Superstorm Sandy levels; the storm had caused a temporary spike in jobless claims last month due to the massive destruction and disruption caused by Sandy. The storm is likely to depress numbers for November as well, but weekly applications have returned to levels consistent with […]

Christmas Trees In NC!

Here’s some trivia you may not know about our beautiful state: North Carolina is the second largest Christmas tree supplier in the country! That’s right folks, a bulk of the Christmas trees being adorned this month have their roots (ha) in North Carolina. There are over 1,600 growers producing an estimated 50 million Fraser Fir […]

Pending Home Sales Index Highest Since 2007

Homes under contract reached its highest level in almost six years in October. The seasonally adjusted pending home sales index rose 5.2% October according to the National Association of Realtors, this represents the highest level, with the exception several months during the homebuyer tax credit, since March 2007. There has been a steady rise in […]