May 24, 2013
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Seth Arnold Discusses the Web Based Feedback Mohawks Receives on Its Brand
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Economic Indicators
Current
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CHANGE
New Home Sales
407
419
- 2.9 %
Existing Home Sales
4740
4450
+ 6.5 %
Consumer Confidence
38
44.7
- 15 %
Housing Starts
550
651
-15.5 %
CPI
210.2
211.7
- .7 %
Prime
5%
5.25 %
-.25 %
Economic News
Initial Unemployment Claims Fall 23,000
Full Article
Washington, DC, May 23, 2013 -- Initial claims for unemployment benefits fell sharply by 23,000 last week to a seasonally adjusted 340,000, the Labor Department said.
New Home Sales Near Post-Recession High
Full Article
Washington, DC, May 23, 2013 -- Sales of new homes rose in April to the second-highest level since the recession ended, according to the Commerce Department.
Mortgage Applications Down as Rates Rise
Full Article
Washington, DC, May 22, 2013 -- Mortgage application volume dropped last week by the most in almost five months as interest rates rose, according to the Mortgage Bankers Association.