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Tag Archives: economy

Job Numbers Nudge Higher

The U.S. Bureau of Labor Statistics reported a slight gain in the number of nonfarm payroll positions for the month of October and little change in the unemployment rate, which remained steady at 7.3 percent. Industries that saw job growth …

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Retail Sales Up in September

Retail sales increased 0.6 percent seasonally adjusted from last month, and 3.8 percent unadjusted year-over-year, according to the National Retail Federation. Building material and garden equipment and supplies dealers stores’ sales also increased 0.1 percent seasonally adjusted. “Retailers witnessed a solid …

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More Than 15,000 Retail Jobs Added in September

Total nonfarm payroll employment rose by 148,000 in September, and the unemployment rate was little changed at 7.2 percent, the U.S. Bureau of Labor Statistics recently reported. Employment increased in construction, wholesale trade, and transportation and warehousing. The National Retail …

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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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