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

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

Posted in Daily, General, United States | Comments Off