Modest US Growth in 2013, Housing Recovery to Continue: NABE

We.are.being.played | Dec 17, 2012 09:10 AM ET Well - you may be calling for sunny weather - BUT - I don`t buy it (literally). Given the large Sheeple population, that are breeding with the Lemmings, I`m sure a lot of people are swallowing the BS.

EugeneDAlessio | Dec 17, 2012 10:12 AM ET Housing recovery.....wait until they see the real numbers on who`s not paying....people are not paying there underwater mortgages anymore and the banks are sitting on trilllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllons in bad loans that make there books look good until they have to show the losses.....bam.....it`s over......keep printingthe BS...somebody somewhere will believe you

Earth_Scientist | Dec 17, 2012 10:20 AM ET Most of their numbers sound reasonable, except one: the unemployment rate. They have been consistently wrong on the UE rate. Private sector job growth of 2 million per year for the past three years has reduced the UE rate from 10.5 down to 7.7, or almost 1% per year. Since they are forecasting another 2 million jobs in 2013, the UE rate probably drops to 6.7% before the end of 2013. Their estimate of it staying at 7.7% is off by a mile. The other problem is that there`s little upside, but LOTS of downside: possible shocks, and way too much debt.

m1a1mike | Dec 17, 2012 02:14 PM ET Earth_Scientist- Unemployment rate is going down because the feds are rigging the numbers. People keep droping out of the workforce and the feds lower the number of availble jobs. Look at the labor participation rate, lowest in history and will keep going lower...






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Modest US Growth in 2013, Housing Recovery to Continue: NABE

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