Home builders initiated construction of far fewer new homes in October than the month before, a big and unexpected drop for the struggling industry, according to a government report issued Wednesday.
More signs of a housing revival
New home building increased in August, a government report said Thursday, further signaling that home builders are regaining their confidence in the housing market recovery.
Job losses continue but rate falls
The U.S. economy lost 20,000 jobs in January, but the unemployment rate fell to 9.7%, according to a government report released Friday.
Best economic growth in six years
The U.S. economy grew at the fastest pace in more than six years during the fourth quarter of 2009, according to a government report Friday.
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