It’ll be a spring thaw: Housing starts likely jumped as soon as the weather warmed up in March, even as concerns remain about the cost of land and labor. Starts will rise to a seasonally adjusted annualized pace of 970,000 when the Census releases its home-construction report tomorrow morning, according […]
Tag: census
February Cold Keep Housing Starts Flat
Weather held U.S. housing starts flat in February, even as the sector showed signs it would grow in spring. Starts dropped to a seasonally adjusted, annualized pace of 907,000 in February, a mere 0.2 percent below January’s revised estimate of 909,000, according to data released jointly on March 18 by […]
Retail Sales Slip Following Holiday Season
Retail sales fell in January, as a slow job market and rising gas prices kept consumers out of stores following the holiday season. The advanced estimates for the United States retail and food service sales for January were $381.6 billion, an increase of 0.3 percent from the previous month, according […]