The impact of the downturn is starting to feel very real. House prices and the housing market have been taking the knock for some time and that's affecting people. ↗
That is - the reason for that is that home prices are only going to go up. Now, they've never gone down nationwide in our - since we've been keeping track of this. ↗
As hurricanes Katrina and Rita raged through the southeastern United States last summer, much of America's energy infrastructure based in the Gulf of Mexico was damaged or destroyed causing gas prices to soar. ↗
A rise in wages, from an alteration in the value of money, produces a general effect on price, and for that reason it produces no real effect whatever on profits. ↗