Ian Shepherdson

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Durable goods orders drop 4.5 percent in August

AP News 287 days ago

Manufacturing orders fall by biggest amount in 7 months led by big drop in airplanes Orders for big-ticket manufactured goods plunged in August by the largest amount in seven months as demand for both airplanes and autos fell sharply. The Commerce Department ...

US housing starts tumble to fresh 17-year low

AFP American Edition 287 days ago

US housing starts slid 6.2 percent in August to a fresh 17-year low, government data showed Wednesday in a sign that the punishing correction in the real estate market is not over. Starts for new home construction fell to an annualized level ...

US new homes sales drop 0.6 percent

AFP American Edition 289 days ago

US new homes sales fell 0.6 percent in March but were stronger than anticipated following an upward revision to the prior month's figures, official data showed Friday. The Commerce Department said sales of new homes dipped to an annual pace of 356,000, ...

HOUSING: DON'T GET TOO EXCITED JUST YET

BusinessWeek 289 days ago

HOUSING: DON'T GET TOO EXCITED JUST YET Home sales are showing signs of revival in some of the nation's most devastated markets. That's good news, for sure. But two big questions remain: Is this flurry of activity sustainable? And is it a ...

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