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Tag Archives: economy

Retail Sales Growth Little Changed in August

Retail sales increased in the month of August but came in at a much slower pace than anticipated. August retail sales (excluding automobiles, gas stations and restaurants) increased 0.1 percent seasonally adjusted from last month, according to the National Retail …

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Unemployment Rate Little Changed in August

Both the number of unemployed, at 11.3 million, and the unemployment rate, at 7.3 percent, changed little but decreased in August. The jobless rate is down from 8.1 percent a year ago, the U.S. Bureau of Labor Statistics reported. Overall, …

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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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