Sandy, careful consumers lower U.S. retail sales
Superstorm Sandy combined with cautious consumers to lower retail sales in October and raise concerns about weaker economic growth and a tepid holiday shopping season.
View ArticleHome starts jump to fastest pace in 4 years
U.S. builders started construction last month on the most homes and apartments since July 2008, more evidence that the housing recovery is gaining momentum.
View ArticleU.S. housing starts slowed to 861K in November
U.S. builders broke ground on fewer homes in November after starting work in October at the fastest pace in four years. Superstorm Sandy likely slowed starts in the Northeast.
View ArticleU.S. job market shrugs off fears of ‘fiscal cliff’
The U.S. job market proved resilient in December despite fears that a budget impasse in Washington would send the economy over the fiscal cliff and trigger growth-killing tax hikes and spending cuts.
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