WASHINGTON (Reuters)- U.S. nonfarm productivity
increased at its strongest pace in 1-1/2 years in the second quarter, keeping wage inflation subdued for now.
Not exact matches
News that existing - home sales climbed to levels not seen in a decade helped bolster homebuilders generally, especially given that the
increase was
at an unexpectedly
strong pace.
Moreover, new export orders
increased for the second month running and
at the
strongest pace since March.
Overall, this summation concluded that the economy was growing
at a modest to moderate
pace, save for the Dallas District, which saw
strong increases in activity.
Given the lags between loan approvals and the
increase in credit outstanding, the
strong pace of credit growth can be expected to continue,
at least in the near term.
China continues to grow
at a remarkably
strong pace, with output
increasing by 9.1 per cent over the year to the September quarter.
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«Last month's dip in closings was somewhat expected given that there was such a
strong sales
increase in March
at 4.2 percent, and new and existing inventory is not keeping up with the fast
pace homes are coming off the market,» he said.
«With demand in a much
stronger position compared to last year, we anticipate these gains to remain steady into 2014, but with
increases expected
at a more moderate
pace than we have seen in 2013,» says Errol Samuelson, president of realtor.com.
«Last month's dip in closings was somewhat expected given that there was such a
strong sales
increase in March
at 4.2 percent, and new and existing inventory is not keeping up with the fast
pace of homes coming off the market,» says Lawrence Yun, NAR's chief economist.
The latest housing report by the National Association of Realtors ® (NAR) said that, while sales
increased in October
at the
strongest pace seen in months, continued supply shortages led to fewer closings.
(NAR) said that, while sales
increased in October
at the
strongest pace seen in months, continued supply shortages led to fewer closings.
Therefore, even
strong percentage
increases do not factor out to numbers that could support retail expansion
at the
pace exhibited in other areas of the state.
China's economy grew
at a healthy
pace of 6.7 percent in 2016, supported by
increased public infrastructure and
strong credit growth