Black and White Program

Posts from September 2012

Revised GDP proves negative

September 28th, 2012 by Black and White Program Staff | Report

A downward revision to the U.S. economic growth rate has analysts presenting a skeptical and cautious outlook for upcoming near term quarters.  The GDP grew at a sluggish 1.3 percent annual rate in the April-June quarter, revised and lowered from a previous estimate of 1.7 percent. The anemic rate was affected by the severe drought […]

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Some economic indicators suggest growing strength

September 27th, 2012 by Steven Barnes | Report

Several informational reports point towards a strengthening economic picture. Looking at report data from July, indicators point to the sixth straight month in which U.S. home prices rose, indicating housing market recovery that seems to be sustainable. The rise in prices is accompanied by reports of increased home sales and new groundbreaking on properties that […]

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The Mortgage rate downtrend continues

September 24th, 2012 by Black and White Program Staff | Report

Mortgage rates for 30-year U.S. loans again fell, enabling the U.S housing market to improve via low borrowing costs. The declining rates match the lowest level on record. Freddie Mac announced the average rate for a 30-year fixed mortgage fell to 3.49 percent from 3.55 percent, equaling the record reached in July of 2012. The […]

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PricewaterhouseCoopers report indicates value of acquisition deals up

September 10th, 2012 by Black and White Program Staff | Report

A report from worldwide tax and advisory consulting firm PricewaterhouseCoopers (PWC) indicates that technology companies focused more on spending large acquisition amounts in 2011 than on smaller deals, while trying to grow their own firms. The report attributes large cash positions and landscape shifts as reasons for the trend. Analysis indicates that tech firms spent […]

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