US economic expansion turns sluggish in fourth quarter
The economic growth in the United States witnessed a slowdown in the fourth quarter of 2014 as the economy expanded sluggishly than previously thought after being restrained by a widening[…]
Tagged: US Commerce Department
US new single-family home sales drop 0.2 percent in January
New single-family home sales, which account for nearly 9.1 percent of the American housing market, slightly dropped in January despite big falls in the snow-affected Northeast, while supply increased to[…]
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Auto Industry & Manufacturing Sector · Company News & Financials
US housing starts decline 2 percent in January
The housing starts in the United States dropped in January because single-family projects’ ground breaking for the slipped off a six and half year peak, but continued to stay at[…]
US new home sales decline 1.6 percent in November
The sales of new single-family homes in the United States dropped for a second consecutive month in November, signaling toward a fragile recovery in the housing market. The US Commerce[…]
US consumer spending surges in November on lowering gasoline prices
The consumer spending in the United States grew at a brisk rate in November with the boost in sales during the holiday shopping season due to lower gasoline prices, signalling[…]
US economy grows at stronger 3.9 percent pace in Q3
The US Commerce Department on Tuesday showed that the country’s economy grew faster in the third quarter, expanding at a strong 3.9 percent annual rate against initially thought. According to[…]