Existing Home Sales Drop 11th Straight Month

Existing home sales fell for the 11th straight month in December, the National Association of Realtors reported Friday—but the news wasn’t all that bad.

Housing Starts Finish 2022 at 6-Month Low

Housing starts ended 2022 down for the second straight month to their lowest level since last July, HUD and the Census Bureau reported Thursday.

Inflation Takes Step Back

Inflation—a highly regarded component of Federal Reserve policy—declined in December and slowed on an annual basis, the Bureau of Labor Statistics reported Thursday.

2022 Jobs Finish on Strong Note

Although nonfarm payroll employment slowed toward the end of the year, it finished on a strong, steady pace, the Bureau of Labor Statistics reported Friday.

Construction Spending Up 0.2% Amid Growing Headwinds

The Census Bureau on Tuesday reported construction spending in November rose to a seasonally adjusted annual rate of $1,807.5 billion, 0.2 percent higher than the revised October estimate of $1,803.2 billion and 8.5 percent higher than a year ago.

Existing Home Sales Drop 10th Straight Month

Existing home sales declined in November, the 10th straight monthly decline, the National Association of Realtors reported Wednesday. All four U.S. regions recorded month-over-month and year-over-year declines.

Consumer Confidence Finishes 2022 on Upbeat Note

The Conference Board, New York, said its monthly Consumer Confidence Index rebounded in December following back-to-back monthly declines, to its highest level since April.

November Housing Starts Down Slightly; Permits Plunge

Housing starts fell in November but beat expectations, the Census Bureau and HUD reported Tuesday. The news, however, came in building permits, which fell sharply from both October and a year ago.

Fed Slows Pace of Rate Hikes, But Hints at More

In its final policy meeting of an eventful year, the Federal Open Market Committee on Wednesday raised the federal funds rate for the seventh straight meeting, but by 50 basis points instead of 75 basis points, as it had for the past four times.