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Month: March 2016

Last Week’s Economic News In Review – March 30, 2016

Real estate saw mixed results, with existing home sales down and sales of new homes increasing, while layoffs experienced slight growth but remained in encouraging territory. Existing Home Sales After hitting a six-month high in January, February’s existing home sales suffered a drop. Sales of single-family homes, townhomes, condominiums and […]

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Last Week’s Economic News In Review March 23, 2016

  Retail sales took a fall, as did consumer prices, while housing starts posted solid gains. Retail Sales Retail sales fell 0.1 percent in February to hit $447.3 billion, according to last week’s report from the Census Bureau. February’s performance was slightly below projections of a 0.2 percent decline and […]

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Last Week’s Economic News In Review – March 16, 2016

Consumer credit saw limited growth, while lay-offs continued to fall, and wholesale inventories beat market expectations. Consumer Credit Consumer borrowing for January increased at 3.6 percent to hit $3.54 trillion according to last week’s news from the Federal Reserve. This was the smallest gain in consumer borrowing since 2013, with […]

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Last Week’s Economic News In Review March 02, 2016

Existing home sales shot up, while new home sales quizzically declined. Meanwhile, lay-offs saw a spike, but remained in safe territory. Existing Homes Sales Sales of existing homes in January outpaced market expectations to hit a six-month high. Completed transactions of single-family homes, townhomes, condominiums and co-ops notched up 0.4 […]

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