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29/04/2012 | Frente Externo
Perspectives: Why Nations Fail: A Review
Why are some countries rich and others poor? Is it weather? Culture? Geography? The authors of a new book, Why Nations Fail: The Origins of Power, Prosperity, and Poverty, argue that success almost exclusively depends on a country’s economic and political institutions.
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08/10/2010 | Economia y Finanzas
U.S. Household Formation Is at a Record Low
The latest Census numbers show that household growth hit a postwar low last year. The drop in household formation largely explains why the housing glut remains stubbornly high, despite the plunge in housing starts in recent years.
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23/02/2010 | Economia y Finanzas
U.S. Housing Outlook Is Complicated
Many different currents are roiling the nation's housing market."Complicated" might best describe the housing market today. Prices have stabilized and are starting to rise, but forces that will bring them back down are growing. Builders are saying that the outlook for the next six months is miserable, yet are ramping up production. And although the first homebuyers' tax credit had a huge impact, a second more-expansive one is hardly registering on the economic Richter scale. Indeed, many different currents are roiling the nation's housing market.
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06/11/2009 | Economia y Finanzas
US - Congress Votes to Extend and Expand the Tax Credit for Homebuyers
The Senate voted 98 to 0 to extend and expand the tax credit for first-time homebuyers, and the House concurred with 403 members voting yes, and only 12 voting no. President Obama is expected to sign the bill.
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06/08/2009 | Economia y Finanzas
An Update on U.S. Construction Spending
The Census Bureau's monthly construction report gets little media coverage, which is unfortunate, because this report covers about 6% of the economy—and is vital in tracking it.
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06/08/2009 | Economia y Finanzas
An Update on U.S. Construction Spending
The Census Bureau's monthly construction report gets little media coverage, which is unfortunate, because this report covers about 6% of the economy—and is vital in tracking it.
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31/07/2009 | Economia y Finanzas
Yes, the U.S. Housing Market Is Turning Around…But Ever So Slowly
The housing market appears to have hit bottom, although the recovery has been weaker than recent headline numbers suggest.The housing market appears to have hit bottom. Arguably, one can date the low point as January 2009, the month when single-family housing permits, new home sales, and existing home sales all hit bottom. But the recovery, which appears to have traction, has been weaker than recent headline numbers suggest.
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31/07/2009 | Economia y Finanzas
Yes, the U.S. Housing Market Is Turning Around…But Ever So Slowly
The housing market appears to have hit bottom, although the recovery has been weaker than recent headline numbers suggest.The housing market appears to have hit bottom. Arguably, one can date the low point as January 2009, the month when single-family housing permits, new home sales, and existing home sales all hit bottom. But the recovery, which appears to have traction, has been weaker than recent headline numbers suggest.
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