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Tag Archives: economy

Pending Home Sales Decline in July

Pending home sales were down in July, with higher mortgage interest rates slowing the market, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, declined 1.3 percent to 109.5 in July from …

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Existing-Home Sales Up in July

Existing-home sales jumped in July, with the median price maintaining double-digit year-over-year increases, according to the National Association of Realtors® (NAR). Total existing-home sales increased 6.5 percent to a seasonally adjusted annual rate of 5.39 million in July from a downwardly revised …

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Overall Retail Sales Up, Building Materials Sales Down in July

July retail sales (excluding automobiles, gas stations and restaurants) increased 0.3 percent seasonally adjusted from June, but declined in home-based categories, including building materials and furniture stores, according to the National Retail Federation. July retail sales, released today by the …

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Survey Shows Improving Economic Outlook for Small Businesses

The National Small Business Association’s (NSBA) recently released 2013 Mid-Year Economic Report shows small business owners have improved their overall economic outlook, with 40 percent saying today’s economy is better off compared with five years ago—the highest it’s been in five years. …

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Unemployment Rate Down to 7.4%

Both the number of unemployed, at 11.5 million, and the unemployment rate, at 7.4 percent, were down in July. These measures were down by 1.2 million and 0.8 percentage point over the year, respectively, the U.S. Bureau of Labor Statistics …

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28,000 Retail Jobs Added in June

jobs

Total nonfarm payroll employment rose in June by 195,000, and the unemployment rate was unchanged from May at 7.6 percent, the U.S. Bureau of Labor Statistics reported. The number of unemployed persons, at 11.8 million, was also unchanged in June. …

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