_Economy and Finance

Home Prices in 20 U.S. Cities Fall More Than Forecast, Case-Shiller Says By Alex Kowalski - 2011.11.29 06:18 AM Residential real estate prices dropped more than forecast in the year ended September, showing the industry at the center of the 2008 financial crisis continues to struggle.

Economy in U.S. Probably Expanded at the Fastest Pace in a Year By Alex Kowalski - 2011.10.26 09:01 PM The U.S. economy probably grew in the third quarter at the fastest pace this year as gains in consumer spending and business investment helped sustain a recovery on the brink of faltering, economists said before a report today.

Factories Help to Support U.S. Economy as Labor, Housing Markets Struggle By Alex Kowalski - 2011.10.20 01:20 PM Manufacturing in the Philadelphia area unexpectedly expanded in October at the fastest pace in six months, signaling factories are helping support a U.S. economy weighed down by weakness in the housing and labor markets.

Sept. Housing Starts Up More Than Forecast By Bob Willis and Alex Kowalski - 2011.10.19 02:00 PM Builders began work on more U.S. homes than forecast in September and consumer prices climbed at the slowest pace in three months, supporting Federal Reserve forecasts for a pickup in growth and a moderation in inflation.

Related News: Economy, Real Estate, U.S. U.S. Existing Home Sales Unexpectedly Decreased in July By Alex Kowalski - Aug 18, 2011 06:25 AM Sales of U.S. previously owned homes unexpectedly dropped in July, reflecting an increase in contract cancellations due to strict lending rules and low appraisals.