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Tag Archives: economy

Marginal Sales Gains Forecast for This Holiday Season

The National Retail Federation (NRF) expects sales in November and December to marginally increase 3.9 percent to $602.1 billion, over 2012’s actual 3.5 percent holiday season sales growth. The forecast is higher than the 10-year average holiday sales growth of …

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Existing-Home Sales Up in August

Existing-home sales increased in August and reached the highest level in more than six years, while the median price shows nine consecutive months of double-digit year-over-year increases, according to the National Association of Realtors®. Total existing-home sales rose 1.7 percent to a seasonally …

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Builder Confidence Remains Unchanged in September

After four consecutive months of increasing confidence, builder confidence in the market for newly built, single-family homes held unchanged in September with a reading of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “While builder …

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Retail Sales Growth Little Changed in August

Retail sales increased in the month of August but came in at a much slower pace than anticipated. August retail sales (excluding automobiles, gas stations and restaurants) increased 0.1 percent seasonally adjusted from last month, according to the National Retail …

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Unemployment Rate Little Changed in August

Both the number of unemployed, at 11.3 million, and the unemployment rate, at 7.3 percent, changed little but decreased in August. The jobless rate is down from 8.1 percent a year ago, the U.S. Bureau of Labor Statistics reported. Overall, …

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