Economists are predicting that inflation in the United States likely ticked down in September, following a slowdown in gasoline price growth and a decrease in used car costs. However, there are indications that certain categories closely monitored by the Federal Reserve, such as housing and other services, may still exhibit persistent strength. According to consensus … [Read more...] about Inflation Shows Signs of Slowing, but Concerns Linger
Economists
Sales of New Single-Family Houses in the U.S. Exceed Expectations
According to data released on Wednesday by the Commerce Department, sales of new single-family houses in the U.S. experienced a significant increase in July, surpassing economists' predictions. Let's delve into the key details: Steady Sales Growth In July, new home sales rose by 4.4% compared to the previous month, reaching a seasonally adjusted annual rate of 714,000 … [Read more...] about Sales of New Single-Family Houses in the U.S. Exceed Expectations