New-car sales hit brakes in August
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August was a dismal month for sales of new cars and trucks, with nearly every major automaker reporting a decline compared with a year ago.
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U.S. housing starts plunged to a   more than three-year low in August, while falling new vehicle   costs kept producer prices unexpectedly weak, government   reports showed on Tuesday, bolstering views the economy is   cooling.
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Sales by Detroitâs two largest automakers fell as they focused on more profitable transactions at dealerships.
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U.S. new home sales jumped a  surprising 9.4 percent in August, the fastest acceleration of  sales in almost four years, as a fresh dip in mortgage interest  rates attracted buyers, a government report showed on Monday.
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US retail sales rose by just 0.2% in August, the latest sign that the rate of  growth in the economy is slowing.
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Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on consumer confidence.
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New orders at US factories fell unexpectedly in August after a sharp drop in demand for civilian aircraft, government data showed on Monday.
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WASHINGTON -- Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on consumer confidence.
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WASHINGTON - New-homes sales tumbled in August to their lowest level in seven years, a stark sign the credit crunch is aggravating an already painful housing slump.
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Retail sales in August posted the weakest showing in two months as worried consumers curbed their spending habits.
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After a dismal start to summer, August looked a little brighter for the auto industry despite continuing concern over high gas prices and turbulence in the housing and financial markets.
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Shares of Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. fell after their combined August US sales declined for the first time since 2002.
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Lower car sales in August resulted in a 0.3 per cent dip in overall retail sales in the United States during the month following a rise of 0.8 percent in July, the US Commerce Department reported on Tuesday.
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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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Resales of U.S. homes fell 2.7  percent in August, decreasing more than expected as mortgage  interest rates picked up in the early summer, a trade  association report showed on Friday.
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Hurricane Charley's damaging path through Florida and the growing ineffectiveness of sales incentives caused U.S. car and trucks sales to slip in August, raising the likelihood of costly cuts in vehicle production, analysts said.
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Sales of new homes plunged in August and prices posted their biggest year-on-year drop in nearly 37 years, the U.S. Commerce Department said on Thursday, underlining the depth of problems facing the housing sector.