Topic: Paul Dales
0 . At the start of the critical holiday shopping season, the economy received a dose of mixed news Wednesday.. . Consumers barely increased their...
The U.S. economy has been out of a recession for more than two years, but for many Americans it feels as though we're still stuck in it -- and for...
For the first time in a year, monthly consumer spending dropped, the U.S. Bureau of Economic Analysis reports. Personal consumption expenditures...
High gas prices and low consumer spending combined to help stifle the nation's economic growth in the second quarter of 2011, the Commerce...
It's official: The housing crisis that began in 2006 and has recently entered a double dip is now worse than the Great Depression. Prices have...
Personal income and spending rose again last month, the U.S. Bureau of Economic Analysis reports, although the numbers are tainted somewhat by the...
The homebuilding industry is years away from recovering from the excesses of the housing boom. Construction of single-family homes, which represented about 73 percent of the market in August, grew only about 4 percent from a month earlier. While overall housing starts ...
As widely expected, existing home sales fell sharply last month. As the National Association of Realtors (NAR) advised in a press release accompanying today's update: "Sales are at the lowest level since the total existing-home sales series launched in 1999, and ...
Home sales plunge nearly 17 percent in December after tax credit deadline extendedSales of previously occupied homes took the largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave buyers additional time to use ...
July construction spending falls 0.2 percent on weakness in commercial and government projectsConstruction spending edged down in July as weakness in nonresidential building and government projects offset the best showing for home building in 10 months.The Commerce Department said Tuesday ...