Sales of New Homes Rise to Highest Level in Six Years
Purchases of new homes in the U.S. jumped in December to the highest level in more than six years, a sign the industry is poised to keep expanding in 2015.
January 27, 2015Sales of Existing Homes Rise in December
Purchases of previously owned U.S. homes rose less than forecast in December as higher prices discouraged first-time buyers.
January 23, 2015Retail Sales Slump in Broad-Based December Retreat
Retail sales in the U.S. slumped in December by the most in almost a year, reflecting a broad-based retreat that will probably prompt economists to cut growth forecasts.
January 14, 2015Young Home Buyers Return as Economy Accelerates
After Damien and Tina Bucci were approved for a mortgage in 2012, they decided they couldn’t afford the biggest purchase of their lives without greater confidence in the U.S. economy. Next month, they will close on their first home, a four-bedroom Colonial with a half-acre yard.
January 5, 2015Sales of Existing Homes Decline in November
Purchases of previously owned U.S. homes dropped more than forecast in November as residential real estate struggles to sustain its recovery even as borrowing costs remain low.
December 22, 2014November Truck Sales Rise 15.1%
U.S. retail heavy-duty truck sales slid in November from their torrid pace of the previous two months, but rose 15.1% over the same month last year, WardsAuto.com reported.
December 22, 2014Medium-Duty Truck Sales Edge Up in November
Medium-duty truck sales in the United States cooled in November, edging up 0.7% from a year earlier but falling 23.3% from the previous month, WardsAuto.com reported.
December 22, 2014New Home Sales Up, But at Slower Pace Than Forecast
New homes in the United States sold at a slower pace than forecast in October as builders focused on meeting demand at the upper end of the market.
November 26, 2014October Truck Sales Top 22,000
This year’s surge in Class 8 sales continued in October as they jumped 22.5% from a year earlier to 22,032 units, the highest monthly total in almost eight years, WardsAuto.com reported.
November 24, 2014Retail Sales Showed Broad-Based Gain in October
American consumers ate out and shopped for clothes in October, enjoying a windfall from cheaper gasoline and prompting a rebound in retail sales heading into the holiday-shopping season.
November 14, 2014