The U.S. housing sector has shown some signs of recovery with strong gains reported in sales of new homes in December, according to an official data released by the Commerce Department. The data indicated that new orders for costly manufactured goods in December have increased considerably and now a[...]
Posts Tagged ‘Housing Sector’
June 25th, 2012 - 10:57 am § in News Of Economy
US housing showing signs of recovery, new home sales hit in 2006
June 22nd, 2012 - 10:52 am § in News Of Economy
UK house prices indicate towards emerging slowdown
Following a robust economic growth, British housing sector indicated a slow downing in January. According to Nationwide British house prices rose by 0.3 percent to mark slowest growth rate in past eight months. The latest figure reveals that the moderate rise reduced the annual rate of house price i[...]
June 7th, 2012 - 10:28 am § in News Of Economy
Soft landing for US housing sector still not visible
Sluggish housing sector continues to remain a major concern for the US economy as fresh data suggest that a soft landing in the housing sector is still not confirmed. New US construction activity dipped steeply last month as home began to fell to touch a 10-year low level. According to the latest da[...]
June 4th, 2012 - 10:22 am § in News Of Economy
US economy moving to steady and sustainable growth
The U.S. economy is expected to be moving towards sustainable growth with GDP expected to grow at 2.8 percent in the current year. According to a survey of economists released recently, the risks of inflation are somewhat higher than those of an economic slowdown. The survey was conducted by Nationa[...]
May 21st, 2012 - 1:40 pm § in News Of Economy
Consumer confidence declines in US
US consumer confidence declined unexpectedly in March from a five-year high amid oil price hike, volatile stock market and the housing recession showing few signs of ending. The New York-based Conference Board index for March fell to 107.2 from 111.2 a month before. The recent data has provided fres[...]
May 20th, 2012 - 1:38 pm § in News Of Economy
US economic growth continues to limp due to sluggish investment, housing
US economic growth was moderately stronger in the fourth quarter than previously anticipated, mainly as businesses added more to inventories than was expected a month ago, the commerce department reported. Gross domestic product (GDP) grew at an annual rate of 2.5 percent instead of 2.2 percent, the[...]
May 16th, 2012 - 1:32 pm § in News Of Economy
US job growth accelerates, triggering fear of inflation
The US unemployment rate fell to an historic low last month, according to government figures, prompting a plunge in bond prices during a holiday-shortened trading session on Wall Street. Investors discarded speculations that the Federal Reserve would be forced to cut interest rates after figures sho[...]
May 13th, 2012 - 1:28 pm § in News Of Economy
US home sales prediction revised downward, subprime ‘Disaster’ to delay housing recovery
The National Association of Realtors that once said that US home prices have not fell on a nationwide scale since the Great Depression now declare they are expected to do just that this year. The Realtors are expecting the prices for previously occupied homes will slide 0.7 percent this year compare[...]