Economy/Ecommerce
Economy Watch: Another Positive Home Price Report
According to CoreLogic, which released its house price index for April, U.S. home prices were up 12.1 percent this April compared with last April.
Economy Watch: Construction Spending Ekes Out Gain
The Census Bureau reported that U.S. construction spending edged up in April by 0.4 percent compared with March, to an annualized rate of $860.8 billion.
‘Economy Watch’ Podcast with Dees Stribling: Housing is Still Rising
Housing is still improving, but not enough to bolster household wealth to pre-recession levels.
Economy Watch: Income Drops Slightly in April
The Bureau of Economic Analysis reported that personal income was down $5.6 billion, or a bit less than 0.1 percent, in April.
Economy Watch: Foreclosures Continue to Drop
CoreLogic reported that there were about 52,000 completed residential foreclosures in the United States in April 2013, down from about 62,000 in April 2012, for a year-over-year decrease of 16 percent.
Economy Watch: U.S. Banks Are Healthy
According to the Federal Deposit Insurance Corp., American banks had their best-ever quarter during the first quarter of this year.
Economy Watch: Housing Prices Spike in Most Markets
All three S&P/Case-Shiller Home Price composites indices, which were published by S&P Dow Jones Indices, showed double-digit annual increases for the three months ending in March.
‘Economy Watch’ Podcast with Dees Stribling: A Good Month for Housing
It was a good month for housing, and the Fed chairman warns against austerity.
Economy Watch: Memorial Day Weekend Travel Edges Down
Ahead of the holiday weekend, AAA estimated that 34.8 million Americans would travel more than 50 miles from home during the period from May 23 to May 27.
Economy Watch: New Home Sales Up in April
The Census Bureau reported on Thursday that new home sales were at an annualized rate of 454,000 units in April, up from 444,000 in March, which was revised upward from 417,000—an unusually strong revision. The bureau revised the February and January totals up significantly as well.