A larger-than-forecast decline in new-home purchases in April from the strongest pace in almost a decade indicates a pause in demand in the midst of the busy spring selling season, government data showed May 23.May 23, 2017
U.S. retail sales of Class 8 trucks in April fell 16.8% to about 14,000 as soft freight rates and plentiful used trucks with weak valuations held demand in check, experts said.
A pickup in U.S. retail sales last month adds to signs of steady consumer spending that will help propel the economy after a first-quarter slowdown, Commerce Department data showed May 12.May 12, 2017
Purchases of new U.S. homes unexpectedly increased in March to an eight-month high, indicating housing demand remained strong at the start of the spring buying season, Commerce Department data showed April 25.
Sales of previously owned U.S. homes rose more than forecast in March to the fastest pace in a decade, signaling sustained momentum in the housing market despite higher prices and scarce supply, a report from the National Association of Realtors showed April 21
Class 8 retail sales fell again in March for the 16th consecutive month of year-over-year decline, although there were gains among vocational trucks.
Contracts to buy previously owned U.S. homes jumped in February by the most since July 2010, according to figures released March 30 by the National Association of Realtors in Washington.
Purchases of new homes increased in February to a seven-month high, indicating the effects of the recent rise in borrowing costs on the U.S. residential real estate market have been modest.March 23, 2017