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Daily Archives: November 17, 2011
Auto Affordability Slips in Q3, Comerica Bank Reports
The purchase and financing of an average-priced new vehicle took 24.2 weeks of median family income in the third quarter of 2011, slightly more than the 24.0 weeks of median family income in the second quarter. Consumers on average spent … Continue reading
Oct. Residential Construction, Nov. UI Claims, Philly Fed
Builders Showing More Confidence, Labor Markets Firming Housing Starts for October decreased to a better-than-expected 628,000 unit annual rate. Permits for new residential construction increased to 658,000 units, the most since March 2010. Initial Claims for Unemployment Insurance fell by … Continue reading
Posted in Daily, General, United States
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