Economy/Ecommerce

Economy Watch: Black Friday Sales Edge Down

A variety of retail sales estimates came out over the weekend, all pointing to the conclusion that Black Friday by itself isn’t quite the sales driver it once was.

Economy Watch: Residential Price Increases Still Slowing Down

The deceleration of residential prices continues apace, according to the latest S&P/Case-Shiller Home Price Indices.

Economy Watch: World Bank Warns of Long-Term Economic Dislocation from Climate Change

The World Bank released a report on the long-term impact of climate change, focusing on the affect on the “lives and livelihoods” of people in three parts of the world.

Economy Watch: State Unemployment Rates Edge Down

Unemployment rates decreased in 34 states and the District of Columbia in October compared with September, while five states suffered increases and 11 states had no change, the Bureau of Labor Statistics reported.

Economy Watch: Existing Home Sales Edge Up

Total existing U.S. home sales rose 1.5 percent to an annualized rate of 5.26 million units in October from 5.18 million in September, the National Association of Realtors reported.

Economy Watch: Housing Starts Edge Down in October

Private U.S. housing starts in October came in an annualized rate of 1.009 million units, according to the Census Bureau.

Economy Watch: Builders More Optimistic

Builder confidence in the market for newly built single-family homes rose four points to 58 on the National Association of Home Builders/Wells Fargo Housing Market Index.

Economy Watch: Industrial Productions Off Slightly in October

U.S. industrial production edged down 0.1 percent in October after having advanced 0.8 percent in September, the Federal Reserve reported.