Tags » Commerce Department

Durable Goods Orders in U.S. Decrease for Second Month

A slowdown in global growth, resulting in plunging commodity prices, is prompting U.S. companies to say the glass is half empty. American consumers see it as half full. 14 more words

Sales of new homes essentially flat

U.S. sales of new homes were essentially flat in September, after the government sharply revised downward what was initially an August surge in buying.
The Commerce Department says new-home sales edged up 0.2% last month to a seasonally adjusted annual rate of 467,000. The report also revised…

Foreclosure inventories decline | Economic growth to pick up | New Home Sales at six-year highs

Friday – October 24

The foreclosure sector of the housing market received positive news this morning after Black Knight Financial Services reported that foreclosure inventory for September is at the lowest level since February 2008, at 1.76% of active mortgages. 192 more words

Fannie Mae

Housing Starts rise | Consumer Sentiment at 7-year high | Black Friday to come sooner

Friday – October 17

Construction for homes across the nation edged up in September, which is a positive sign for the overall economy. The Commerce Department reported that Housing Starts rose by 6.3% from August to September to an annual rate of 1.02 million units, which was slightly better than expectations. 233 more words

Mortgage & Market News

Retail sales slide signals weak consumer demand

U.S. retail sales slid a worse-than-expected 0.3% in September from the prior month, as auto sales eased and declining gasoline prices hurt sales at the pump. 185 more words

Retail

Double Coin Tire Vows To Fight Antidumping Duty

China Manufacturers Alliance L.L.C./Double Coin Holdings has vowed to fight a Commerce Department review of antidumping duties on Chinese off-the-road tires that would have CMA/Double Coin paying a 105.59-percent duty rate. 285 more words

Republicans Cry Foul On Health Plan Rate Increases

ST. PAUL, Minn. (AP) — Minnesota Republicans on Friday again accused Gov. Mark Dayton’s administration of using shoddy math to show a lower increase in policy costs through the state’s health care exchange. 156 more words

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