U.S. home construction improved 1.5% in October, but in a troubling sign, groundbreakings for single-family houses fell.
November 20, 2018Latest News Updates From Josh Boak
°®¶¹´«Ã½ Construction Rises 1.5% in October
Consumer Prices Increased 0.3% in October
WASHINGTON — Consumer prices climbed 0.3% in October, with higher prices for gasoline, used autos and housing contributing to the increase. The Labor Department said Nov. 14 that this measure of inflation has jumped 2.5% over the past 12 months.
November 14, 2018Services Firms’ Growth Slipped in October
WASHINGTON — U.S. services firms expanded at a slightly slower rate in October, after achieving a record pace in September in a sign of the economy’s strength and endurance.
November 5, 2018New-°®¶¹´«Ã½ Sales Fall 5.5% in September for Fourth Straight Decline
WASHINGTON — Sales of new U.S. homes plunged 5.5% in September, the fourth straight monthly drop as the housing market cools while mortgage rates rise.
October 24, 2018Housing Starts Sank 5.3% in September
WASHINGTON — U.S. home construction fell 5.3% in September, a sign that recent hurricanes and rising mortgage rates may be weighing on the market.
October 17, 2018US °®¶¹´«Ã½ Sales Flat in August
WASHINGTON — Sales of existing homes were unchanged in August, as a shortage of houses priced at less than $250,000 — a level considered to be affordable for the middle class — has become a drag on the real estate market.
September 20, 2018US Productivity Grew at Strong 2.9% Rate in Q2
WASHINGTON — The Labor Department on Sept. 6 affirmed last month’s report that U.S. productivity increased at an annual rate of 2.9% in the second quarter.
September 6, 2018Construction Spending Rose 0.1% in July
WASHINGTON — Spending on U.S. construction projects ticked up 0.1% in July, led by an increase in homebuilding and the publicly funded building of schools and highways.
September 4, 2018US New °®¶¹´«Ã½ Sales Climb 6.7% in May
WASHINGTON — Sales of new U.S. homes jumped 6.7% in May, with purchases in the South accounting for all of the monthly gains.
June 25, 2018US Services Firms Grow in April at Slowest Pace This Year
U.S. services firms grew at a slower pace in April compared with the prior month as companies are reporting cost pressures from possible tariffs and a shortage of available workers.
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