Business spending on equipment and investment in home construction helped boost third-quarter GDP growth.
But total housing inventory at the end of last month was 4.5% lower than one year ago, according to the NAR.
As growth slows, new opportunities are emerging for multinational companies operating in China — if they know where to look, says The Demand…
Comments at a conference suggest policymakers are ready for "liftoff" at the Fed's December meeting.
Core prices grew 0.2%, driven by price increases in medical care, lodging, and airline fares.
'It's just a traffic thing,' said one of the retailer's executives.
Spare economic capacity and very low inflation justify keeping monetary policy loose in most major advanced economies, IMF staff said.
Economists and investors see the October jobs report as a green light for the Federal Reserve to raise interest rates next month.
A slight rise in output and a fall in hours worked lead to productivity gains in the third quarter.
A non-manufacturing benchmark shows service providers unexpectedly expanded in October at the second-fastest pace in a decade.