Stock Market Hits 2012 Year Highs On February 11 Jobless Claims and January Housing Data: Unemployment benefits claims fell for the week ending February 11, 2012. Initial jobless claims fell 13,ooo to 348,000 which is more evidence that the labor market is improving. New claims for jobless benefits fell to the lowest level since...
Initial Jobless Claims Rise for week of Jan 24, 2012, Durable Goods Orders Increase and New Home Sales Fall in December 2011: Jobless claims fall marginally. Initial jobless claims rose but not by much. Claims for initial unemployment benefits rose for the week ended January 21, 2012 the Labor Department said today. Applications for...
December 2011 Existing Home Sales Increase By 5 Percent To January 2011 Levels: The housing market shows more signs of improvement. Existing home sales rose last month as homebuyers took advantage of low mortgage rates and cheaper housing prices compared to prior years. Existing home sales rose 5 percent in December 2011 the National...
January 2012 Home builder Confidence Rises To 2007 Levels: U.S. home builders think the economy is getting better. U.S. home builder confidence rose in January to multi-year highs as sales and traffic increased.The National Association of Home Builders/Wells Fargo home builder sentiment index increased to 25 in January 2012. This exceeded forecasts by most...
U.S. home prices drop in most major cities: Housing prices have dropped in most major cities after rising in recent months. The housing market remains in a downward trend and may not recover for several more quarters. The Standard & Poor’s/Case-Shiller index shows prices fell in September for 17 out of 20 cities in...
