Economy/Ecommerce
Economy Watch: 3Q GDP Revised Down, But Current Employment Picture Improves
The U.S. Department of Labor reported that the number of Americans applying for unemployment benefits dropped 4,000 to 364,000 for the week ending Dec. 17.
Economy Watch: Existing Home Sales Up in November
The National Association of Realtors reported on Wednesday that existing home sales rose again in November compared with October and with the same month a year ago.
Economy Watch: Led by Multifamily, Residential Starts Spike in November
The U.S. Census Bureau reported that housing starts swung upward by 9.3 percent in November to an annualized rate of 685,000 units.
'Economy Watch' Podcast with Dees Stribling: U.S. Consumers Still Not Confident
U.S. consumers aren’t opening their wallets quite as much as retailers thought, and Europe sinks back into a debt funk.
Economy Watch: Foreclosures Down in November
RealtyTrac reported on Thursday that U.S. foreclosure filings–meaning all default notices, scheduled auctions and bank repossessions, according to the company–were down 3 percent in November from the previous month, to a total of 224,394.
Economy Watch: Consumers Say They Want to Cut Back on Luxuries
Europeans might go in for public-sector austerity–or at least be forced into it by the Germans–but it’s consumers in America who seem to be trending toward austerity these days, according to a poll released this week by Harris Interactive.
Economy Watch: Realtors to Revise Existing Homes Sales Down
The National Associations of Realtors said on Monday that it’s going to revise downward the number of existing homes sales it reported from 2007 to the last 10 months of 2011.
Economy Watch: Consumers Feeling Better
U.S. consumers seem to be enjoying some holiday cheer, at least according to the latest Reuter’s/University of Michigan’s consumer sentiment index, which was released on Friday.
'Economy Watch' Podcast with Dees Stribling: Agreement in Brussels
Was the agreement reached in Brussels good news for the economy? No one knows yet.
Economy Watch: Consumer Borrowing Up, But Not the Plastic Kind
The Federal Reserve reported on Wednesday that U.S. consumer credit increased at an annualize rate of 3.75 percent in October.