Latest News Updates From Josh Boak

Government, Business

°®¶¹´«Ã½ Construction Rises 1.5% in October

U.S. home construction improved 1.5% in October, but in a troubling sign, groundbreakings for single-family houses fell.

November 20, 2018
Government, Business

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, 2018
Government, Business

Services 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, 2018
Government, Business

New-°®¶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, 2018
Government, Business

Housing 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, 2018
Government

US °®¶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, 2018
Government, Business

US 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, 2018
Government, Business

Construction 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, 2018
Government

US 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, 2018
Business

US 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.

May 4, 2018