Monthly Archives: December 2012

Consumer Confidence Index Drops Six Points

NEW YORK — December 27, 2012 —The Conference Board Consumer Confidence Index, which had declined slightly in November, posted another decrease in December. The Index now stands at 65.1 (1985=100), down from 71.5 in November. The Expectations Index declined sharply to 66.5 from 80.9. The Present Situation Index increased to...
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Housing Starts Slip, Permits Rise In November

WASHINGTON, Dec. 19 – Following an above-trend rate of production in October, nationwide housing starts slipped 3.0 percent to a seasonally adjusted annual rate of 861,000 units in November, according to newly released data from HUD and the U.S. Census Bureau. Meanwhile, permits for new construction rose to their strongest...
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October Construction Spending Goes Up

The U.S. Census Bureau of the Department of Commerce has announced that construction spending during October 2012 was estimated at a seasonally adjusted annual rate of $872.1 billion, 1.4 percent (±2 percent) above the revised September estimate of $860.4 billion. The October figure is 9.6 percent (±2.3 percent) above the...
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