U.S. home sales up, durable goods orders fall
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Sales of new U.S. homes unexpectedly  rose in August after July sales came in much weaker than first  thought, while new orders for durable goods fell, according to  government reports on Wednesday that signaled continued  economic softness.
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WASHINGTON - America&#39;s consumers came off a buying binge and were somewhat less jolly spenders in November. New-home sales, meanwhile, cooled from a record high, while demand for big-ticket manufactured goods rebounded.
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WASHINGTON, Oct 27  - Orders for &quot;big-ticket&quot; durable US goods rose by a weaker than expected margin in September, hit by plummeting aircraft demand, government figures showed Wednesday.
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US stocks rose on Thursday after durable goods data pointed to a healthy pace of activity in the factory sector and another report showed an improvement in consumer
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U.S. existing home sales posted  their largest gain in two years last month, a sign the housing  market may be climbing out of a slump, but orders for  big-ticket factory goods fell as businesses showed wariness  about the economy's health.
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New single-family home sales fell 4.7 percent in December to its lowest rate in nearly 13 years while the median sales price dropped sharply and the inventory of unsold homes climbed, according to a government report on Monday that delivered more grim news for the battered housing sector.
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U.S. existing home sales posted their largest gain in two years last month, a sign the housing market may be climbing out of a slump, but orders for big-ticket factory goods fell as businesses showed wariness about the economy's health.
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The pace of existing home sales edged up in November from a record low, according to a report on Monday that offered some tentative signs of stabilization in the still-ailing housing market.
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Weak durable goods orders in November fueled concern on Thursday over the resilience of the U.S. economy to the country's steep housing slump.
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New-home sales showed signs of buckling under the weight of higher interest rates, and orders for durable goods rose more than expected in July, two government reports showed Wednesday.
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U.S. orders for long-lasting durable goods rose by a smaller-than-expected 0.2 percent in September, held back by another sharp fall in commercial aircraft, government data showed on Wednesday.
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U.S. stocks rose on Thursday after  durable goods data pointed to a healthy pace of activity in the  factory sector and another report showed an improvement in  consumer sentiment for December, but the session was expected  to be quiet before the Christmas holiday.
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Wall Street stocks were trading higher by mid-morning on Friday, boosted by better-than-expected new homes sales and durable goods orders last month.
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Orders for US durable goods fell unexpectedly in August but beat forecasts once transportation equipment was stripped out, government data showed on Friday in evidence the economy is again pumping strongly.
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New orders for U.S.-made durable  goods tumbled an unexpectedly large 4.8 percent in April while  mortgage applications fell last week, a pair of soft economic  reports showed on Wednesday.
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Inventories at U.S. wholesalers rose a smaller-than-expected 0.4 percent in December as sales of durable goods like cars and furniture accelerated, the Commerce Department said on Wednesday.
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America&#39;s consumers came off a buying binge and were somewhat less jolly spenders in November. New-home sales, meanwhile, cooled from a record high, while demand for big-ticket manufactured goods rebounded.