US US existing homes sales declined 0.7% to 5.34 million units in July. Single-family sales fared slightly better and only experienced a 0.2% drop, while condos and co-ops fell 4.8%. Total resales have now declined on a monthly basis in each of the past four months and are trending 1.5% below year-ago levels. The parade [...]
US US Consumer Prices matched expectations and edged up 0.2% in July. The monthly gain kept the headline index at a 2.9% increase on a year basis, the fastest pace in six years. Energy prices were a drag on the headline figure and dropped 0.5% for the month, mostly the result of lower gas prices. [...]
US US Consumer Prices matched expectations and edged up 0.2% in July. The monthly gain kept the headline index at a 2.9% increase on a year-to-year basis, the fastest pace in six years. Energy prices were a drag on the headline figure and dropped 0.5 % for the month, mostly the result of lower gas [...]
US The Employment Cost Index rose to its highest year-over-year pace of the expansion in Q2. Employment costs at private businesses have risen 2.9% amid a more rapid rise in wages and benefits. Public sector costs have been more subdued, however, as wage growth has slipped back under 2.0%. For all the hand wringing over [...]
