Department of Commerce
Latest Posts
GDP Contraction Exceeds Expectations
Apr 29, 2009US real gross domestic product (GDP) slid at an annual rate of 6.1% in Q109 as unemployment rose, slashing the output of goods and services. Downsizing and job loss either contributing to or resulting from the GDP contraction may also heap pressure on now-unemployed homeowners. The quarter’s contraction comes after GDP shrank 6.3% in Q408, the US Department of Commerce said Wednesday in its advance estimates.
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Housing Starts Take a Wild Swing
Apr 27, 2009 -
Housing Starts Down, Builder Confidence Up
Apr 16, 2009 -
GDP Contracts 6.3% Annually in Q4
Mar 26, 2009 -
New Home Sales Rise After Hitting Record Low
Mar 25, 2009 -
Surprise! Housing Starts Up 22 Percent
Mar 17, 2009 -
No Respite for the Work Force: Report
Mar 12, 2009 -
Housing Starts Plunge, Yet Again
Jan 22, 2009 -
Consumer Spending Falls, as Unemployment Jumps
Dec 24, 2008 -
New Home Starts Hit Lowest Level Ever
Dec 16, 2008 -
New Home Sales Hit 17-Year Low
Nov 26, 2008