The numbers of people who are claiming unemployment continues to go up even though the number of lay offs have decreased. This could mean that fewer businesses are turning to laying off their employees and simply cutting their hours which leads many to quit and filing for unemployment. Foreclosures continue to go up as well. With the more people that go into unemployment they are unable to pay for their mortgages. Foreclosures went up 17 percent from February and went up 46 percent from a year ago.

Two thirds of foreclosure notices received in five states made up most of the foreclosure count for the country. It has affected the numbers nationally and has affected many homeowners concerns about their mortgages.

The amount of new homes being built has dropped 11 percent. Fewer homes are being bought and many are sitting vacant. New homes and old homes alike are sitting vacant with no one to buy. Foreclosed homes are also waiting for buyers. Therefore, this has effected the construction of new homes and the construction industry.

Banks have been improving. Their success has been progressing thanks to much of the bailouts and the ability to be able to lend money. JP Morgan Chase never received a bailout but they have never needed it either. They have continued success with their loans system and have actually profited more than 2 billion in 2008. The overseas markets continue to improve from the downfall they have suffered. These could be signs that the economy is finally bottoming out and finally leveling off. However, for the many homeowners that continue to lose their homes it is news that they can hardly believe.