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Month: June 2017

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Economic News: June 21st, 2017

  Housing starts and retail sales both suffered setbacks, while layoffs enjoyed a decent drop.   Housing    Starts on construction of private housing in May dropped 5.5 percent to an annual rate of 1.092 million, the Census Bureau and the Department of Housing and Urban Development reported last week. […]

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Economic News: June 14, 2017

  Consumer credit saw weak growth, while layoffs were down, and wholesale inventories saw a sizable drop. Consumer Credit Consumer borrowing grew just 2.6 percent in April, to hit a total of $3.821 trillion for the month, according to last week’s report from the Federal Reserve. April’s $8.1 billion increase […]

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Economic News: June 7, 2017

  Weekly Economic News Today Construction spending turned in mixed results, while unemployment ticked down and layoffs notched up. Construction Spending Construction spending was a mixed bag in April, with overall spending performing well below anticipated levels for the month. April’s construction spending dropped 1.4 percent to an annual rate […]

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