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New Home Sales Increase to 664,000 Annual Rate in November

The Census Bureau reports New Home Sales in November were at a seasonally adjusted annual rate (SAAR) of 664 thousand.

The previous three months were revised up, combined.
Sales of new single-family…

ISM® Services Index Decreases to 52.1% in November

(Posted with permission). The ISM® Services index was at 52.1%, down from 56.0% last month. The employment index decreased to 51.5%, from 53.0%. Note: Above 50 indicates expansion, below 50 in cont…

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