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You are here: Home / Archives for U.S. Commerce Department

U.S. Commerce Department

U.S. Market Hit With Largest Decline in Retail Sales in 11 Months

January 14, 2015 by Ted 2 Comments

Photo:REUTERS/Jonathan Alcorn

New data released by the Commerce Department showed an unexpectedly large drop in retail sales for the month of December. In fact, U.S. retail sales had their largest across-the-board drop in the past eleven months – plunging economists into vigorous debate over just what this means for the economy.

What were the worst performing retail segments? Read below to see more… [Read more…] about U.S. Market Hit With Largest Decline in Retail Sales in 11 Months

Filed Under: Economic Trends, News, Retailers, Sales, Statistics Tagged With: U.S. Commerce Department

Startling Jump in November Housing Starts; Are Happy Days Here Again?

December 19, 2013 by Ted Leave a Comment

Photo of construction workersNewly released data from the Commerce Department shows that housing starts took what many are characterizing as a startling jump in November – rising 23% overall above the October rate and almost 30% above the November 2012 rate. Analysts are struggling to explain the gains other than to say these numbers show a durable housing recovery – welcome news considering the fact that the housing construction industry is a key driver of the overall economy.

The news is good…but is it a real recovery, or just an outlier?… [Read more…] about Startling Jump in November Housing Starts; Are Happy Days Here Again?

Filed Under: Economic Trends, News, Statistics Tagged With: building permits, Federal Reserve Board, housing starts, U.S. Commerce Department

After Years of Free-Fall, Housing Finds a Solid Bottom It Can Build From

October 17, 2012 by Ted Leave a Comment

Photo of housing under constructionThe U.S. Commerce Department released the latest data on new residential construction today and the results caught most off-guard as it was significantly better than expected with September overall housing starts increasing to 872,000 units – an amazing 15% over the revised August figure of 758,000. This data clearly suggests the nightmare of the 2007 housing market collapse can start to become a memory as the market recovers from a very scary bottom reached in the middle of 2009 when starts were at the lowest levels ever recorded since 1959.

More good news as housing’s outlook brightens… [Read more…] about After Years of Free-Fall, Housing Finds a Solid Bottom It Can Build From

Filed Under: Economic Trends, News, Pivot Point Tagged With: Bloomberg News, housing starts, National Association of Home Builders, Reuters, single-family starts, U.S. Commerce Department

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Ted Green Bio

A former dealer, installer, manufac-turer, distributor & more. With a focus on business strategy, my goal is to help you make better decisions for more success.

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