A Home For The Holidays (S&P)
Economic Update: A Home For The Holidays (00:03:48 min)
Standard & Poor's Senior Economist Beth Ann Bovino notes that households in search of a home found one this December, with surprisingly robust sales figures reported for both existing and new homes. The data add further evidence that the recovery is still in place. But the healthy pace was not enough to change the Fed's decision to stay the course at Wednesday’s policy meeting.
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Standard & Poor's Senior Economist Beth Ann Bovino notes that households in search of a home found one this December, with surprisingly robust sales figures reported for both existing and new homes. The data add further evidence that the recovery is still in place. But the healthy pace was not enough to change the Fed's decision to stay the course at Wednesday’s policy meeting.
Watch
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