The Wall Street Journal reports that sales of new homes dropped more than eleven percent in November 2009 to a seven-month low. Real estate experts are cautiously optimistic about the country’s modest, but steady economic gains. However, there is growing concern that new home sales and sales of existing homes could dive again after the [...]

The Federal Reserve Bank of St. Louis’s Burgundy Book—a financial report issued quarterly about economic activity in Louisville, Little Rock, St. Louis and Memphis—said that the health of Louisville’s economy was mixed this past summer. Published in September, the report said that car dealerships and general retailers declared some successes that were tempered by low [...]

The Federal Reserve issued its Beige Book report for July 2009 recently and the report indicated that the rate that economic activity declined in Louisville, other Eighth District cities and towns had moderated somewhat since the last report. When Business First of Louisville asked their contacts in Louisville commercial real estate and local home [...]