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Month: May 2016

Last Week’s Economic News In Review – May 25th, 2016

Existing home sales continued growing, while housing starts bounced back, and lay-offs reversed an earlier sharp increase with a sizable fall. Existing Home Sales Sales of existing homes kept their momentum in April with completed transactions of single-family homes, townhomes, condominiums and co-ops, rising 1.7 percent to an annual rate […]

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Last Week’s Economic News In Review

Retail sales bounced back, while layoffs saw a surge, and wholesale inventories grew, but not at the pace the market had hoped. Retail Sales Retail and food services sales saw better than expected performance in April, growing 1.3 percent to hit $453.4 billion, the Census Bureau reported last week. April’s […]

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Last Week’s Economic News In Review May 11th, 2016

Construction spending got a shot in the arm, while unemployment was essentially flat, and layoffs stayed at historic lows. Construction Spending Construction spending during March rose 0.3 percent to hit an annual rate of $1.13 trillion, the Census Bureau reported last week. This marked the highest rate since 2007, and […]

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Last Week’s Economic News In Review – May 4th, 2016

New home sales continued to turn in disappointing performance, while lay-offs were at historic lows, and incomes were on the rise. New Home Sales New home sales took a plunge in March, with completed transactions of new, single-family homes dropping 1.5 percent to an annual rate of 511,000, according to […]

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