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Tag Archives: interest rates

Construction spending up 0.6 percent in July

WASHINGTON — Spending on U.S. construction projects rose in July, led by strong gains in housing and nonresidential projects. Construction spending increased 0.6 percent in July compared with June when activity was unchanged, the Commerce Department reported Tuesday. The June ...

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Home sales dip but remain near 3½-year high

WASHINGTON — U.S. sales of previously occupied homes slipped in June to a seasonally adjusted annual rate of 5.08 million but remain near a 3½-year high. The National Association of Realtors said Monday that sales fell 1.2 percent last month ...

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S&P boosts outlook for government’s long-term debt

WASHINGTON — Standard & Poor’s Ratings Services upgraded its outlook Monday for the U.S. government’s long-term debt. S&P cited the government’s strengthened finances, a recovering U.S. economy and some easing of Washington’s political gridlock. The credit rating service raised its ...

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