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Tag Archives: GDP

The Week Ahead: Will Existing Home Sales Find Their Balance?

Expect to see an influx of industry news in the last full week of February, including the highly-anticipated existing-home sales report from the National Association of Realtors. The last two reports on existing sales for November and December were hot and cold. Now, the industry is wondering what January's report will reveal.

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U.S. Economic Growth Comes to a Near Halt

In the last few months of 2015, the economy grew weary, boosting worries that the American economy is losing its spark, according to the Bureau of Economic Analysis “advance” estimate for the fourth quarter of 2015.

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GDP Hits Speed Bump in Q4 with Annualized 2.6% Growth

In a first-look report, the Bureau of Economic Analysis (BEA) reported that gross domestic product (GDP) expanded at an annualized rate of 2.6 percent in 2014's fourth quarter, sharply down from 5.0 percent growth in the third quarter. Economists had projected an annualized increase of 3.2 percent.

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Construction Spending Falls in November

Total construction spending for November fell 0.3 percent from the prior month to a seasonally adjusted annual rate of $975 billion, the Commerce Department reported Friday. Economists polled by Econoday predicted a 0.5 percent pickup.

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