Quick Hits
by TP Staff
Jun 05, 2009 | 2838 views | 0 0 comments | 14 14 recommendations | email to a friend | print
Numbers:

• $3.3 billion: Amount taxable sales in California have dropped, a 2.3 percent decline between the second quarter of 2007 and the same period in 2008, according to the State Board of Equalization.

4: Number of quarters in a row that taxable sales have declined, the first time that’s happened since 2002.

• 9.4 percent: U.S. unemployment rate in May, the highest in more than 25 years.

• 5.29 percent: What average rates on 30-year fixed-rate mortgages rose to this week, from 4.91 percent a week earlier. That’s the highest weekly average in nearly six months and the first time rates were above

5 percent since March.
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