Digging for Dirt
Existing home sales fell 2.8 percent in December to a 5.49 million-unit rate, which was below consensus estimates. Single-family and condos/condominiums were weak on the month. Inventories remain lean.
Inventories Slip to Lowest Level on Record
Following three straight monthly gains, […]
From that report:
Unemployment. The October 2012 Employment Report from the U.S. Labor Department showed yet another gain of 147,000 private sector jobs (government employment was down 1,000). The unemployment rate now stands at 7.7%, a decrease of 0.2% from the […]