Real gross domestic product increased at an annual rate of 1.9 percent in the third quarter, marking a continued trend of slowing economic growth, the Bureau of Economic Analysis reported in its first (advance) estimate yesterday.
Tag: Wells Fargo Securities
October Consumer Confidence Edges Down
The Conference Board, New York, said its Consumer Confidence Index decreased marginally in October, the third straight monthly decrease.
September New Home Sales Dip, But Pace Strengthens
HUD and the Census Bureau yesterday reported sales of new single‐family houses in September fell slightly from August but improved strongly from a year ago.
September Existing Home Sales Fall 2.2%
Existing home sales fell by 2.2 percent in September, following two consecutive months of increases, the National Association of Realtors reported yesterday.
September Housing Starts Tumble, But Optimism Holds
Housing starts fell sharply in September, HUD and the Census Bureau reported yesterday, but single-family starts increased slightly, reflecting continued optimism among home builders.