· Starts in the South, which accounts for the bulk of homebuilding, tumbled 13.7 percent last month. That was the biggest decline since October 2015. Hurricane Florence slammed North and South Carolina in mid-September and flooding from the storm probably depressed homebuilding last month. Housing starts also fell 14.0 percent in the Midwest.
The U.S. yield curve plots treasury securities with maturities ranging from 4 weeks to 30 years. When the spread between the yield on the 3-month Treasury bill and that of the 10-year Treasury note slips below zero, as it did earlier this year, it points to investors accepting a lower yield for locking money up for a longer period of time.
WRAPUP 2-U.S. consumer confidence slips; new home sales hit 8-month high U. S. consumer confidence fell from a more than 16-year high in April, but a surge in new home sales to an eight-month high last month suggested underlying strength in the economy despite an apparent sharp slowdown in growth in the first quarter.
· Dollar index hits fresh three-year low Euro zone consumer confidence jumps more than expected in Jan Dollar slips vs yen after BOJ meet The dollar.
Builder confidence in the market for newly-built single-family homes. and the index gauging buyer traffic fell three points to 51. Among the three-month moving averages for regional HMI scores, the.
Confidence in the local homebuilding market took a hit in August, as permits for new single-family houses declined 15 percent from a year ago and permits for new multifamily units were down 78.
The confidence level among the nation’s homebuilders slipped in June to the lowest level this year and below its six-month average of 70 as tariffs. View photos Myriad problems have been.
Housing starts slower but building permits up How Important is Communication During Construction? The importance of communication in project management can’t be stressed enough. And every good project starts with a solid communication plan. This is just a basic strategy that details what effective communication will look like on any given project. A well thought-out communication management plan brings team-wide trust and success.Housing starts jumped. homes have experienced a slower recovery in the past few years, and remain under-supplied today. We expect supply of single-family homes to catch up over the next few years.".
Builder confidence in the market for newly-built single-family homes. Meanwhile, the component measuring buyer traffic slipped one point to 48. Among the three-month moving averages for regional.
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U.S. homebuilding tumbled to a more than two-year low in. forecast that housing starts would slip to a pace of 1.250 million units last month.
American consumers felt less confident in June, shaken by the escalation in the U.S.-China trade war earlier in the month. Continue Reading Below The Conference Board Consumer Confidence Index slipped.
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Home builder confidence in home sales conditions over the next six months dropped two points to 70 and builder confidence in buyer traffic.
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