September 2014 U.S. Economic Fundamentals
- Thread starter Ally
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- Mar 24, 2009
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U.S. economy's rebound much stronger than thought as GDP grows 4.2%
WASHINGTON ` The U.S. economy rebounded more strongly than initially thought in the second quarter and details of a report on Thursday pointed to sustainable underlying strength.
Gross domestic product expanded at a 4.2% annual rate instead of the previously reported 4.0% pace, the Commerce Department said, reflecting upward revisions to business spending and exports.
Read the full article here.
WASHINGTON ` The U.S. economy rebounded more strongly than initially thought in the second quarter and details of a report on Thursday pointed to sustainable underlying strength.
Gross domestic product expanded at a 4.2% annual rate instead of the previously reported 4.0% pace, the Commerce Department said, reflecting upward revisions to business spending and exports.
Read the full article here.
- Joined
- Mar 24, 2009
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U.S. estate tax primer for Canadians
Here is a wonderfully useful article from www.brighterlife.ca. It talks about tax
rules that will come into effect upon the death of a Canadian who owns property
in the U.S. Given how many Canadians own condos in Florida or Arizona, or
portfolios with American stocks, I think many of you will find valuable
information in this article. Click
here to read it.
Read the full article here.
Here is a wonderfully useful article from www.brighterlife.ca. It talks about tax
rules that will come into effect upon the death of a Canadian who owns property
in the U.S. Given how many Canadians own condos in Florida or Arizona, or
portfolios with American stocks, I think many of you will find valuable
information in this article. Click
here to read it.
Read the full article here.
- Joined
- Mar 24, 2009
- Messages
- 16,743
New home prices fall, but U.S. economy stays on solid ground
WASHINGTON (Reuters) - Sales of new U.S. single-family homes fell for a second straight month in July, but a surge in the stock of properties on the market and slower price gains should help stimulate demand in the months ahead.
Other data on Monday showed activity in the vast services sector slowed again in August. The reports, however, did little to change views the economy is on a solid growth path, given relatively strong job growth and manufacturing activity.
Read the full article here.
WASHINGTON (Reuters) - Sales of new U.S. single-family homes fell for a second straight month in July, but a surge in the stock of properties on the market and slower price gains should help stimulate demand in the months ahead.
Other data on Monday showed activity in the vast services sector slowed again in August. The reports, however, did little to change views the economy is on a solid growth path, given relatively strong job growth and manufacturing activity.
Read the full article here.
- Joined
- Mar 24, 2009
- Messages
- 16,743
U.S. companies added 204,000 jobs in August, latest sign of healthy hiring
WASHINGTON - U.S. businesses added jobs at a healthy pace in August, according to a private survey, the fifth straight month of solid gains.
Payroll processer ADP says private employers added 204,000 jobs last month, down from 212,000 in July, which was revised slightly lower. Job gains above 200,000 are usually enough to lower the unemployment rate.
Read the full article here.
WASHINGTON - U.S. businesses added jobs at a healthy pace in August, according to a private survey, the fifth straight month of solid gains.
Payroll processer ADP says private employers added 204,000 jobs last month, down from 212,000 in July, which was revised slightly lower. Job gains above 200,000 are usually enough to lower the unemployment rate.
Read the full article here.
- Joined
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- 16,743
Foreign buyers taking over - this time it's Canadians in Florida
Lured mostly by cheap prices, Canadians spent $2.2-billion on Florida real estate last year, easily making them the Sunshine State`s No. 1 international buyer of real estate.
Canadians ` most of them paying cash ` were behind 31.6% of all international transactions, according to a report Tuesday by the National Association of Realtors for Florida.
Read the full article here.
Lured mostly by cheap prices, Canadians spent $2.2-billion on Florida real estate last year, easily making them the Sunshine State`s No. 1 international buyer of real estate.
Canadians ` most of them paying cash ` were behind 31.6% of all international transactions, according to a report Tuesday by the National Association of Realtors for Florida.
Read the full article here.
- Joined
- Mar 24, 2009
- Messages
- 16,743
U.S. existing home sales fall, investors pulling back
U.S. home resales unexpectedly fell in August as investors stepped away from the market, but the decline probably does not signal renewed weakness in the housing sector.
The National Association of Realtors said on Monday existing home sales dropped 1.8 per cent to an annual rate of 5.05 million units. The decline followed four straight months of gains and the sales pace was still the second highest for the year.
Read the full article here.
U.S. home resales unexpectedly fell in August as investors stepped away from the market, but the decline probably does not signal renewed weakness in the housing sector.
The National Association of Realtors said on Monday existing home sales dropped 1.8 per cent to an annual rate of 5.05 million units. The decline followed four straight months of gains and the sales pace was still the second highest for the year.
Read the full article here.