Looks like First Magnus Financial Corp. will be next to close up shop. An article in a local Arizona newspaper confirms the rumors I heard this morning and that is that First Magnus has stopped funding loans. Another victim of the credit crunch that should continue.
tags: bk, closing doors, credit, economy, first magnus, lender, sub […]

The US Department of Labor updated the Import Price Index this morning, up 1.5%. Here are some of the other vital economic stats that you frequently hear thrown around:

Consumer Price Index

+0.2%

Jun 2007

Payroll Employment

+92,000(p)

Jul 2007

Producer Price Index

-0.2%(p)

Jun 2007

Productivity

+1.8%

2nd Qtr 2007

tags: economic stats, economy, imports

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