Thursday, October 12, 2006

U.S. Housing Slowdown Widespread

The U.S. economy kept growing since early September as U.S. four regions reported growth had firmed while a few areas noted growth had cooled. The remaining districts characterized growth as moderate or mixed.

U.S. districts reported widespread cooling of housing markets. Home prices fell, inventories rose, and sales softened in most districts, although some regions reported gains in residential activity.


Post a Comment

<< Home