Should President Obama Fix Housing First?
Now that the inauguration festivities are behind us, President Obama needs to get to work. What should be first on his agenda? According to the Home Builders Association of Durham, Orange & Chatham...
View ArticleGood Economic News in Durham County
Nationally, foreclosure filings increased 81 percent from 2007 to 2008, according to an article published in the (Durham, NC) Herald-Sun (registration required). Local economists and the likes of...
View ArticleAre You Willing To Give Up An Expanding Economy And Replace It With An...
A recent post struck a chord with one of my clients, Dr. Bruce Wieland, a former PhD research engineer at Duke, who started his own company a few years ago. I thought everyone might be interested in...
View ArticleSurvey Says: Entrepreneurs Growing More Confident. Is It True?
According to a recent survey by Discover Financial Services Small Business Watch, 90 percent of people surveyed continue to rate the economy as fair to poor, unchanged from February. But a greater...
View ArticleHow the International Credit Crunch Is Hurting Raleigh and Other Localities
If you want to read a simple, straight-forward article that shows how the international credit crunch is hurting local business, read this article from the Raleigh, NC News & Observer. It discusses...
View ArticleLessons From Domino’s Pizza: Part IV Franchises
By now, the laser-like focus of the virtual world on the hoax video by two misguided Domino’s pizza employees and the effectiveness of Domino’s corporate response has dimmed. But for a few days last...
View ArticleDo You Talk About Money, Finances and the Economy Within the Family?
North Carolina unemployment is 11.1%. There is one residential foreclosure filed for every 1,595 households. Forty-five percent of consumers believe the current economic situation is bad. We have...
View ArticlePenny-Wise, Pound Foolish: When Price Doesn’t Matter
When we bought our house, a partially renovated REO property, I worked closely with our insurance agent to create an insurance policy based on the actual features of the house.
View ArticleWill You Provide More Jobs Because of Extended Tax Cuts ?
President Obama announced a tentative deal this morning with congressional Republicans to extend certain tax cuts signed by President George W. Bush a decade ago. The rhetoric has been fast and...
View ArticleHas the Overall Number of Available Jobs Decreased Permanently?
Image by Getty Images via @daylife Automatic teller machines. Email. Self check-out lanes at the grocery store. Pay bills by phone or online. Since 2008, the unemployment rate has dramatically...
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