sales News Updates

CEOs of some of the largest U.S. companies became more optimistic about their sales and hiring prospects in the weeks before and after the presidential election in November, even as they pared plans for capital spending.

Contracts to purchase previously owned U.S. homes increased marginally in October as a strong labor market and growing wages continue to support demand, according to figures released Nov. 30 from the National Association of Realtors in Washington.

Used Class 8 truck same-dealer sales increased less than 10% in October compared with a year earlier, according ACT Research Co.

Purchases of new U.S. homes declined in October to a four-month low, showing the residential real estate market began to soften a month prior to a jump in borrowing costs.

Sales of previously owned U.S. homes unexpectedly climbed in October to the highest level since February 2007, a sign of momentum in the housing market a month before a jump in borrowing costs, National Association of Realtors data showed Nov. 22.

Sales at U.S. retailers rose in October more than forecast in a broad advance after an even stronger September than initially estimated, showing consumers continue to pump up the economy.

Purchases of new U.S. homes in September stayed near a nine-year high, showing residential real estate was maintaining momentum heading into the quieter selling season.

U.S. retail sales of Class 8 trucks sank 28.6% in September, even as the vocational segment showed strength and leasing companies anticipated adding trucks, WardsAuto.com reported.

Sales of previously owned U.S. homes increased more than projected in September, showing residential real estate continues to contribute modestly to growth, National Association of Realtors data showed Oct. 20.

Construction of new homes in the United States unexpectedly fell in September on a plunge in multifamily building while permits rose more than forecast, in signs of fitful progress in residential real estate.