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Radio Silence

By Terri Ann Lowenthal

It must have been spring fever. In a flurry of activity in May and June, House and Senate appropriators dutifully considered and approved their respective bills to fund Commerce Department (and many other) agencies next year, including a reader favorite: the U.S. 610 more words

American Community Survey

June Housing starts plunge | Weekly Initial Jobless Claims at 9-week lows | Manufacturing activity in the Philly region surges

Thursday – July 17

The housing market received some sub-par news this morning as the sector slows down after the big gains seen in 2013. The Commerce Department reported that June Housing Starts declined by 9.3% to an annual rate of 893,000, well below the 1.020 million expected. 190 more words

Housing Market

June U.S. home construction slowed down, but don't freak out

U.S. home construction may have fallen lower than expected, but Thursday’s report from the Commerce Department shouldn’t get anyone interested in the housing market’s recovery too down. 371 more words

Real Estate

Retail sales disappoint in June, but May figures revised up

Retail sales inched up 0.2% in June from May, the Commerce Department reported Tuesday, disappointing expectations of a larger rise after increasing signs that the economy had gained momentum in recent weeks. 243 more words


Dayton Hails US Gov't Duties On Foreign Steel Pipe

ST. PAUL, Minn. (AP) — Minnesota Gov. Mark Dayton is hailing the U.S. government’s decision to impose duties on imports of steel pipe from South Korea, India and seven other countries. 114 more words


Multifamily Construction Fuels Housing Starts

A surge in multifamily construction brought April housing starts above a pace of one million for the first time this year, but single-family activity is still hobbling. 394 more words

Real Estate

US May Soon Begin Exporting Its Crude Oil

(WASHINGTON) — For the first time in four decades, the U.S. may start to export its crude oil.

The Wall Street Journal reports the… 117 more words