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Month: April 2016

Last Week’s Economic News In Review – April 27, 2016

Existing home sales rebounded, while new housing construction retreated, and layoffs continued to fall to historic lows. Existing Home Sales Existing home sales bounced back in April with transactions of single-family homes, townhomes, condominiums, and co-ops growing 5.1 percent to an annual rate of 5.33 million in March, the National […]

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Last Week’s Economic News In Review April 13, 2016

Consumer credit continued a trend of healthy growth, while wholesale inventories fell, and lay-offs dropped. Consumer Credit Consumer credit grew by 5.8 percent in February to hit a total of $3.56 trillion, the Federal Reserve reported last week. At this point, consumer credit has demonstrated reliable growth over the past […]

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Welcoming Spring

Spring is here…or almost here…or was here a month ago depending on where you live. Whether you’re cruising in flip flops or still a little bundled up, this month’s newsletter has something for everyone. Featured articles: Getting Away: Storybook Beaches of Chincoteague Island, VA Best and Worst Locks for Your […]

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Last Week’s Economic News In Review – April 06, 2016

Unemployment rose slightly for reasons that counterintuitively reassured job market watchers, while lay-offs increased, but remained in safe territory. Meanwhile, residential construction spending was up. Unemployment The unemployment rate went up in March, growing from 4.9 percent to 5 percent, according to last week’s report from the Bureau of Labor […]

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