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Existing-home sales rose for the third consecutive month with inventory easing and home prices declining less sharply in June, according to the National Association of Realtors.
Privately-owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 579,000. This is 2.7 percent (±1.2%) above the revised July rate of 564,000, but is 32.4 percent (±1.3%) below the August 2008...
Import prices rose in November:
The U.S. Import Price Index advanced 1.7 percent in November, the U.S. Bureau of Labor Statistics reported today, led by a 7.3 percent rise in fuel prices. The increase followed a 0.8 percent advance in October. U.S....
Retail sales rose in November:
The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for November, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were...
Jobless claims were up last week:
In the week ending Dec. 5, the advance figure for seasonally adjusted initial claims was 474,000, an increase of 17,000 from the previous week’s unrevised figure of 457,000. The 4-week moving average was 473,750, a...
The Trade defict fell in October primarily due to a drop in oil prices:
The U.S. monthly international trade deficit decreased in October 2009, according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from...
Wholesale sales and inventories rose in October:
Sales. The U.S. Census Bureau announced today that October 2009 sales of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and...
