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Business
3:17 am
Wed July 18, 2012

Would-Be Homebuyers Appear To Be More Confident

Originally published on Wed July 18, 2012 7:57 am

Transcript

RENEE MONTAGNE, HOST:

And the nation's homebuilders are feeling more optimistic than they have since March, 2007, just before the beginning of the Great Recession. What's more, the National Association of Home Builders' Housing Market Index has posted its largest one-month gain in roughly a decade.

NPR's Wendy Kaufman reports.

WENDY KAUFMAN, BYLINE: David Crowe, the chief economist at the Home Builders Association says things are definitely looking up. It's a trend that began last September.

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Economy
2:33 am
Wed July 18, 2012

Economic Update

Originally published on Wed July 18, 2012 3:58 pm

Transcript

RENEE MONTAGNE, HOST:

If Ben Bernanke is frustrated by the economy, as he seems to be, he might look at a recent issue of The Economist magazine. Editors there see enough strength that they saw fit to print an illustration of Uncle Sam as a bare-chested muscleman.

STEVE INSKEEP, HOST:

Let's talk about that and more with regular guests on this program, Zanny Minton Beddoes of The Economist. Welcome back to the program.

ZANNY MINTON BEDDOES: Nice to be here.

INSKEEP: And David Wessel of The Wall Street Journal. Hi, David.

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Around the Nation
2:33 am
Wed July 18, 2012

Politics Weighs Down San Bernardino's Economic Problems

Originally published on Wed July 18, 2012 11:41 am

The city of San Bernardino, Calif., is expected to declare a fiscal emergency, and officially file for bankruptcy on Wednesday. The declaration would be the third by a California city in recent weeks. Some analysts believe San Bernardino's problems may be more about its dysfunctional local politics.

Business
2:33 am
Wed July 18, 2012

The Last Word In Business

Originally published on Thu July 19, 2012 6:39 am

One big reason Canadians have pulled ahead, is the U.S. housing bust destroyed a lot of wealth. Home values in Canada have remained steady, and lately, they've even enjoyed a housing boom.

Business
2:33 am
Wed July 18, 2012

Business News

Originally published on Wed July 18, 2012 7:57 am

Transcript

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

Some surprise earnings are at the top of NPR's business news.

RENEE MONTAGNE, HOST:

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