"U.S. Commerce Department" tag

CLARK: There Is Always Something

Economic data released last week indicates U.S. growth can be sustained. Although business investment dipped in August, the number of Americans filing for unemployment benefits fell a bit as well.

Home sales strengthen

The National Association of Realtors (NAR) reported last week that existing sales rose at their fastest rate since last September, indicating the housing market is “bouncing back after a sluggish first half of the year.”

What’s affecting housing sales?

The Commerce Department reported last week that home construction across the U.S. fell in June due to wet weather in the South. However the good news is that analysts believe this is a temporary derailment to the recovering real estate market.

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