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Bank lending jump bodes well for US economy

Banks in the U.S. are issuing loans at the fastest rate in roughly four years, another sign the economic recovery is taking root. "The [banking] industry is now in a much better position to support the economy through expanded lending," said FDIC chief Martin Gruenberg on Tuesday in discussing the agency's latest quarterly report.

Loan balances rose more than $130 billion in the fourth quarter of 2011, up 1.8 percent over the previous period and the biggest increase since late 2007. Banks have now boosted lending for three consecutive

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Economy grew at 3 percent, better than estimated

WASHINGTON - The economy grew at a slightly faster pace in the final three months of last year, and Americans earned more income than previously reported. That could set the stage for stronger growth this year.

The Commerce Department said Wednesday that the economy expanded at a 3 percent annual rate in the October-December quarter the fastest pace since the spring of 2010. It exceeded the previous estimate of 2.8 percent. And it was better than the third quarter's 1.8 percent growth rate.

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Romney's Dog, The Last Interview

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Romney's World :: AFSCME

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The GOP Contraception Ban, Jeopardizing Women's Health

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Driven :: Obama :: Auto Industry :: America's Comeback

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Dr. E. Faye Williams Supports President Obama

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U.S. Construction Jobs Rebound on Remodeling

The number of people working in residential remodeling grew 5.8 percent in December to 250,700 from a year earlier, based on preliminary data released Feb. 3 by the Bureau of Labor Statistics. This was the highest growth for these jobs -- which account for about 5 percent of construction employment -- since December 2006, before the housing bubble burst.
Sales of existing homes, which rose 4.3 percent in January, precede spending on improvement projects by about six months, as new owners often do a lot of “fix-ups” soon after they move in, said Kermit Baker, a senior fellow at Harvard University’s Joint Center for Housing Studies. That means there’s now a “strengthening market” for this work, buoyed by demand that’s more discretionary in nature -- such as minor kitchen remodels - - and mild winter weather in much of the U.S.

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Apoyando Nuestros Sueños

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Mitt Romney :: He'd Let America Fail

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Stem cell technologies market to hit $700M in 2012

NEW YORK CITY – The market for stem cell technologies will rise to over $700 million this year, and given some positive trends, could reach over $1 billion, according to healthcare market research publisher Kalorama Information. 
 
According to the report, cell therapies are now largely confined to a few conditions, especially oncological conditions such as leukemia, multiple myeloma and non-Hodgkins lymphoma, although certain non-cancerous diseases like aplastic anemia, immunodeficiency and lupus are also increasingly addressed with stem cells.

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