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Month: March 2017

Economic News: March 29, 2017

 Existing home sales retreated while new home sales advanced, and layoffs saw an unexpected jump. Existing Home Sales  After hitting their highest point in nearly 10 years in January, existing homes dipped in February. Sales of existing single-family homes,  townhomes, condominiums and co-ops fell 3.7 percent to an annual rate […]

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Economic News for March 15, 2017

  The economy continued to add jobs on the whole, but layoffs saw a sudden jump. Meanwhile, consumer credit grew, but saw a stiff setback. Employment Situation  The U.S. economy added 235,000 non-farm jobs in February, putting the unemployment rate back at 4.7 percent, according to last week’s report  from […]

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Economic News: March, 8, 2017

Spending on residential construction grew despite a monthly overall drop. Meanwhile, monthly incomes and spending totals offered mixed performance, and layoffs fell to their lowest point in nearly 44 years. Construction Spending Construction spending for January grew to an annual rate of $1.18 trillion, marking a 1 percent dip from […]

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Economic News: March 1,2017

“Existing home sales kicked off 2017 with a roaring start, while new home sales grew at a lower than anticipated rate, and layoffs were up.” Existing Home Sales Sales of existing homes for January grew to their fastest pace in nearly a decade, according to data released by the National […]

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