Core rate holds steady at 1.7%
Pace of building to slow as mortgage rates creep higher
Gasoline prices pressure consumer spending
Many parts of the United States showed decent economic activity in September and early October according to the Federal Reserve’s “beige book” report.The survey released today provided the latest snapshot of business conditions nationwide in the aftermath of Katrina, the most costly natural disaster in U.S. history, and Rita.“Economic activity continued to expand … Most […]
Building permits jump 2.4% in September
Sixth increase in seven months: StatsCan
Core price index rises 0.3%
Composite index up 0.3% in September
Wall Street and Main Street will feel the chill
Lowest level in nearly four years, says U.S. Conference Board