Americans shopping for new homes during May and June were much more optimistic about their personal financial situation than the overall economy, according to the results of the 2009 BUILDER/American LIVES New-Home Shopper Survey.
Our forecast for the second half of this year and all of next year is that real (inflation-adjusted) economic growth is going to average more than 4% at an annual rate, well above the consensus, which expects below-trend growth of about 2%.
To be more precise, we are forecasting that real GDP grows
While the old adage "When in Rome, do as the Romans do" still holds true, business clients and colleagues who are visiting this country should be treated with sensitivity and with an awareness of their unique culture.
One small misstep such as using first names inappropriately, not observing the rules of timing or sending the wrong color flower in the welcome bouquet can be costly.