Browsing: Newsbytes

Economy

Housing starts decreased to a seasonally adjusted annual rate of 1.192 million in December, according to the U.S. Department of Commerce. The figure was 8.2% below the November rate of 1.299 million and 6.0% lower than the December 2016 rate. Single-family home starts drove the decline, falling 11.8% from last month. Housing activity decreased in each of

Economy

Economic activity continued to expand at a modest to moderate pace across eleven Federal Reserve Districts from late November through the first week of January, according to the just-released Federal Reserve Beige Book. Dallas was the sole District to record a robust increase in economic activity. The report was based on information collected through January

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