The Week in Review from Valeo Financial Advisors (March 22, 2013)
Shelter
- In February, a third of new housing building permits were for 5+ unit structures. A Closer Look at Housing Valeo Financial Advisors
- Occupancy rates at hotels closing in on pre-recession levels Calculated Risk
U.S. Economy
- Industries with the most rapid change in output per hour 2000-2010 via U.S. BLS
- “Demography may explain the weakness of America’s recovery” The Economist
- “Economy signals moderate growth, but FOMC to continue current policy until it improves substantially” U.S. Federal Reserve via Atlanta Fed
Personal Finance
- 57% of U.S. workers reported less than $25,000 in total household savings & investments excluding their home The Wall Street Journal
International
- “Cyprus Struggles to Meet Bailout Demand as Deadline Looms” Bloomberg