By Martin Crutsinger AP Economics Writer Washington — A mixed picture of the economy emerged one day before key midterm elections that have focused on the nation’s financial health. Spending by Americans slowed in September and their incomes fell for ...

Tagged with: Capital Economics Commerce Department construction spending consumer spending Institute for Supply Management manufacturing personal income recession unemployment

By Alan Zibel AP Real Estate Writer Washington — Sales of new homes improved last month after the worst summer in nearly five decades, but not enough to lift the struggling economy. The Commerce Department reported new home sales in ...

Tagged with: Capital Economics Commerce Department new home sales

By ?ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — Home construction increased last month and applications for building permits also grew. But the gains were driven mainly by apartment and condominium construction, not the much larger single-family homes sector. ...

Tagged with: Capital Economics Commerce Department Lennar Corp. National Association of Home Builders single-family homes tax credits unemployment

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Consumers did not boost their spending in June and their incomes failed to increase, further evidence that the economic recovery slowed in the spring. And Americans saved at the highest rate ...

Tagged with: Capital Economics Commerce Department consumer spending economy Fed Federal Reserve income inflation jobs recession unemployment

By Alan Zibel AP Real Estate Writer Washington (AP) — Homebuilders are feeling increasingly pessimistic about their industry, more evidence that the economic recovery is slowing. The National Association of Home Builders reported Monday that its monthly reading of builders’ ...

Tagged with: Capital Economics National Association of Home Builders new-home construction

By Christopher S. Rugaber AP Economics Writer Washington (AP) — Americans spent a little more in May but not enough to speed along the economic recovery. Consumer spending rose 0.2 percent last month after no change in April, the Commerce ...

Tagged with: Capital Economics Commerce Department consumer spending economy housing market stimulus unemployment

By Alan Zibel and Martin Crutsinger AP Business Writers Washington (AP) — Homebuyers rushed to take advantage of government incentives and low mortgage rates in April, giving the housing market its biggest boost in five months. But now that a ...

Tagged with: Capital Economics home prices home sales IHS Global Insight National Association of Realtors

By Martin Crutsinger AP Economics Writer Washington (AP) — Construction spending rose in March for the first time in five months, but all the strength came in government activity as private sector building fell to the lowest level in a ...

Tagged with: Capital Economics Commerce Department construction spending economic recovery IHS Global Insight private sector

By Alan Zibel AP Real Estate Writer New York — A strong rebound in California’s real estate market helped lift a key home price index for the eighth straight month. Prices are up almost 4 percent from the bottom in ...

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By Alan Zibel AP Real Estate Writer Washington — Sales of new homes fell unexpectedly to their lowest point on record in February, in part because stormy winter weather kept buyers away. The results pointed to the U.S. housing industry’s ...

Tagged with: Capital Economics Commerce Department MFR Inc. National Association of Home Builders National Association of Realtors new home sales Thomson Reuters