Here’s a quick Friday afternoon overview of some current economic numbers.
|US inflation rate||3.39%||November 2011|
|US unemployment rate||8.5%||Realistic number is higher|
|Average rate for a 30-year mortgage||3.91%||4.05% in Virginia|
|University of Michigan Consumer Sentiment Index||74||Up 4.1 from December, but still below January 2011; scale goes to 100.|
|Homes in foreclosure||1 in 634||1 in 1193 in Virginia|