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. ┬áConsumers on average spent … Continue reading

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Posted in General, Indices | Comments Off

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

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