Economy
Business

Home Prices in 20 US Cities Increase More Than Forecast

Andrew Harrer/Bloomberg News

Home prices in 20 U.S. cities climbed more than forecast in July, reflects solid demand against a backdrop of modest listings of properties, figures from S&P CoreLogic Case-Shiller showed Sept. 26.

Patricia Laya | Bloomberg News
September 26, 2017
Business

New-Home Sales Cool, Supply Jumps as Storms Strike South

U.S. Army National Guard photo by Staff Sgt. Michelle Gonzalez

A second straight decline in purchases of new U.S. homes, combined with downward revisions for prior months, show a tepid market as results begin to be clouded by the fallout from Hurricanes Harvey and Irma, according to government data Sept. 26.

Sho Chandra | Bloomberg News
September 26, 2017
Business

Jobless Claims Decline as Hurricane Harvey Impact Fades in Texas

Texas Guardsmen from the 272nd Engineer Battalion partnered with Texas Task Force One, prepare to help evacuate Texans in need during Hurricane Harvey in Houston. Texas Military Dept photo by Staff Sgt. Timothy Pruitt

Applications for unemployment benefits in the U.S. unexpectedly declined last week as the Hurricane Harvey-related surge in Texas filings continued to reverse, Labor Department figures showed Sept. 21.

Sho Chandra | Bloomberg News
September 21, 2017
Business

Existing-Home Sales Fall to a One-Year Low After Hurricane Harvey

Allen J. Schaben/Los Angeles Times/TNS

Sales of previously owned U.S. homes declined to a one-year low in August as affordability continued to hamper demand and Hurricane Harvey caused a slump in Houston-area purchases, a National Association of Realtors report showed Sept. 20.

Sho Chandra | Bloomberg News
September 20, 2017
Business

Housing Starts Steady, Permits Rise Ahead of Hurricanes

A house stands surrounded by floodwaters from Hurricane Harvey in this aerial photograph taken above Angleton, Texas, U.S., on Aug. 30, 2017. Andrew Harrer/Bloomberg News

Steady U.S. new-home construction in August together with a jump in permits indicate the housing market was moving ahead before a likely temporary hit from Hurricanes Harvey and Irma, government figures showed Sept. 19.

Sho Chandra | Bloomberg News
September 19, 2017
Business

Homebuilder Sentiment Falls on Storm-Related Supply Concern

A contractor works during construction of a new apartment building in downtown Seattle. Mike Kane/Bloomberg News

Sentiment among America’s homebuilders fell more than forecast in September as companies grew concerned about the cost of construction materials and labor shortages in the wake of Hurricanes Harvey and Irma, according to data Sept. 18 from the National Association of Home Builders/Wells Fargo.

Sho Chandra | Bloomberg News
September 18, 2017
Business

Concerns About Hurricanes Dent American Consumer Sentiment

Photo by Gus Holzer, Florida Fish and Wildlife Division of Law Enforcement

U.S. consumer sentiment dipped in September as Americans expressed concern about the economic and inflationary impact of Hurricanes Harvey and Irma, University of Michigan survey data showed Sept. 15.

Agnel Philip | Bloomberg News
September 15, 2017
Business

Retail Sales Fall After Weaker Results in Prior Months

Phil Velasquez/ Chicago Tribune/TNS

An unexpected decline in August retail sales and downward revisions to the prior two months mainly reflected weaker results at auto dealerships, Commerce Department figures showed Sept. 15.

Sho Chandra | Bloomberg News
September 15, 2017
Business

Consumer Comfort Falls for Second Week

David Paul Morris/Bloomberg News

Americans’ confidence retreated for a second week as consumers’ assessment of the buying climate deteriorated on the heels of higher fuel prices, Bloomberg Consumer Comfort Index figures showed Sept. 14.

Agnel Philip | Bloomberg News
September 14, 2017
Business

Unexpected Drop in Jobless Claims Shows Sturdy Job Market

Filings for jobless benefits in the U.S. unexpectedly settled back last week, underscoring a resilient labor market even as the Atlantic hurricane season introduces added volatility to the figures, Labor Department data showed Sept. 14.

Sho Chandra | Bloomberg News
September 14, 2017

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