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Washington, DC, March 1, 2024-U.S. housing markets continue to struggle with a growing shortage of new homes, the result of more than a decade of under-building relative to population growth, reports Realtor.com.
Washington, DC, March 15, 2024-"The National Association of Realtors has reached a nationwide settlement of claims that the industry conspired to keep agent commissions high, it said Friday, a deal set to usher in the biggest changes to how Americans buy and sell homes in decades,” reports the Wall Street Journal.
Ann Arbor, MI, March 15, 2024—Consumer sentiment declined 0.5% to 76.5 in early March, according to preliminary results from the University of Michigan Survey of Consumers.
Washington, DC, March 15, 2024—Industrial production edged up 0.1% in February after declining 0.5% in January, according to the Federal Reserve.
Gladstone, MI, March 15, 2024—The Ho?mann Family of Companies (HFOC) announces its acquisition of Besse Forest Products Group, a longstanding, family-run company in the wood products manufacturing business, reports Hardwood Magazine.
Washington, DC, March 15, 2024—U.S. import prices rose 0.3% in February, after advancing 0.8% in January, the U.S. Bureau of Labor Statistics reported.
Washington, DC, March 14, 2024-Advance estimates of U.S. retail and food services sales for February 2024 were $700.7 billion, up 0.6% from the previous month and up 1.5% above February 2023, according to the U.S. Census Bureau.
Washington, DC, March 14, 2024—The Producer Price Index for final demand rose 0.6% in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
Washington, DC, March 14, 2024—Construction input prices increased 1.4% in February compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 1.3% for the month.
Washington, DC, March 14, 2024—In the week ending March 9, the advance figure for seasonally adjusted initial claims was 209,000, a decrease of 1,000 from the previous week's revised level, according to the Department of Labor.