Network News

X My Profile
View More Activity
2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Day Two For Automakers On the Hill

Today will be round two for Detroit's Big Three on Capitol Hill. But before we get to that, there are two other important bits of data coming out this morning that will be widely watched by investors.

At 8:30 a.m., the unemployment report comes out and we will find out just how much the unemployment rolls continued to grow in November. There is a general consensus among economists that the unemployment rate will rise from the current 6.5 percent rate to 6.7 percent or more.

The quarterly mortgage delinquency rate survey is out this morning as well, giving us a window into the state of the real estate market and whether or not any of the various mortgage work-out programs are having any positive effect.

We'll cover the auto bailout hearings, this time in the House, right here. The hearing kicks off at 9:30 a.m.

--Sara Goo

The Ticker is Twittering!

By Sara Goo  |  December 5, 2008; 7:09 AM ET
Categories:  The Ticker  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: Capitalism In Question: Can Or Should Government Prevent Bubbles?
Next: Kashkari: 'We Did Not Allow...Collapse'

No comments have been posted to this entry.

The comments to this entry are closed.

 
 
RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company