Not only is Brazil better than it was it is better than most of the alternatives. My mama used to tell me, “If you can’t say something good, don’t say anything.” I haven’t written much lately. Finally, looking through the economic data on the internet, a bright spot appears. For the real estate business, two important indicators are the “Production of Construction Inputs” and “Real Wages in the Manufacturing Sector”. Almost every sector shows improvement over the last several months.
“Production of Construction Inputs” has increased, as has steel production, to almost mid-2008 levels. ( The Brazilian economy was much slower going into recession than the rest of the world.) This means people are building again. Jose Augusto Pereira Nunes of Algebra Realty in Miami tells me that in northern Brazil, foreigners are buying. In Sao Paulo, the commercial business is largely foreign; but the residential sector is mostly domestic.
“Real Wages in the Manufacturing Sector” is important because it indicates that people will have the money to buy. This is probably why residential purchases are improving in Sao Paulo. It is nice to say something nice.
David Segrest is a REALTOR® in Charlotte NC. His website is http://www.segrestrealty.com/ His email is david@segrestrealty.com He is also a contributor on Argentina to: http://realestatebloginternational.com/
Showing posts with label Economic indicators. Show all posts
Showing posts with label Economic indicators. Show all posts
Monday, November 2, 2009
Sunday, January 13, 2008
Economic Indicators
Economic Indicators
A presentation on the USA economy by Wachovia Corportation In Jacksonville Fl, recently predicted that we would avoid a recession. They said that if the housing market were not included growth this year would be 2.5 %. The article I read went on to state that there is a little more than 50% chance that the USA economy would avoid recession. That means there is almost a 50% chance that we will have a recession.
George Bush submitted a budget to congress a couple of years ago that did not include spending for Iraq. Consumer prices have not risen much if you don’t count energy or food. How much of those are you willing to do without? The only thing that an economic survey that leaves out crucial sectors is good for is a laugh. I could say that I have always been completely faithful to my wife if you don’t count my three mistresses and my boyfriend.
David Segrest is a REALTOR in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com
A presentation on the USA economy by Wachovia Corportation In Jacksonville Fl, recently predicted that we would avoid a recession. They said that if the housing market were not included growth this year would be 2.5 %. The article I read went on to state that there is a little more than 50% chance that the USA economy would avoid recession. That means there is almost a 50% chance that we will have a recession.
George Bush submitted a budget to congress a couple of years ago that did not include spending for Iraq. Consumer prices have not risen much if you don’t count energy or food. How much of those are you willing to do without? The only thing that an economic survey that leaves out crucial sectors is good for is a laugh. I could say that I have always been completely faithful to my wife if you don’t count my three mistresses and my boyfriend.
David Segrest is a REALTOR in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com
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