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Many visitors to an amusement park have complained about the long and slow- moving lines,as well as the fact that park employees are letting their friends break in line.This equipment- based service provider is having trouble with factors.
Foreclosure Rate
The percentage of home mortgages on which the lender has started the process of taking ownership of the property because the borrower has failed to make the monthly payments.
Economic Expansions
Periods when an economy grows and not just recovers from a decline, typically seen by increases in industrial production, employment, and sales.
Mortgage Default Rates
The percentage of borrowers failing to make their mortgage payments on time, leading to default.
2008 Recession
A significant decline in economic activity spread across the economy, lasting more than a few months, which was prominently initiated in 2008 due to the collapse of the housing market and financial sector.
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