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Home prices rise 12.4 pct., most in 7.5 years

WASHINGTON — U.S. home prices rose 12.4 percent in July compared with a year ago, the most since February 2006. An increase in sales on a limited supply of available homes drove the gains. The Standard &Poor’s/Case-Shiller 20-city home price ...

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Weak U.S. job market weighs on broader economy

WASHINGTON — The sluggish job market is weighing on the U.S. economy three years after the Great Recession ended and it doesn’t look to be getting much better any time soon. A measure of the number of people applying for ...

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Service companies expanded in May

WASHINGTON — U.S. service companies, which employ roughly 90 percent of the work force, grew at a slightly faster pace in May, marking the 29th straight month of expansion. The Institute for Supply Management said Tuesday that its index of ...

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Measuring the large impact of small businesses

In trying to increase opportunities for small business development, it might be helpful to understand the impact small businesses have on our economy. While we constantly hear about the Dow and Standard and Poor’s analysis of major publicly traded companies, ...

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U.S. consumer confidence is roughly flat in March

NEW YORK — Americans’ rosy outlook about the U.S. economy remains resilient as they focus on the good in the barrage of conflicting economic news. A widely watched barometer of consumer confidence barely budged in March after last month hitting ...

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Realities of Real Estate: Trying to find the future in the numbers

Every so often we look at the overall performance of the real estate markets, and based on what the numbers tell us, try to glean a glimpse of what the future might hold. As with many things, the beginning of ...

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Realities of Real Estate: The health of the market; looking back and going forward

Every so often we look at the overall performance of the real estate markets, and based on what the numbers tell us, try to glean a glimpse of what the future might hold. As with many things, the beginning of ...

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Consumer confidence index surges in December

Americans are gaining faith that the economy is on the upswing. An improving job outlook helped the Consumer Confidence Index soar to the highest level since April and near a post-recession peak, according to a monthly survey by The Conference ...

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Consumer confidence rises in July

NEW YORK — Two years into the recovery, Americans’ confidence in the economy continues its rollercoaster ride. As their short-term outlook on jobs and income eased somewhat amid a mix of optimistic and bad economic news, U.S. consumers’ confidence rose ...

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