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U.S. Housing Starts Dropped in July
Housing starts fell sharply below expectations in July as home-builder sentiment remained muted.
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Dow Jones
Canada Housing Starts Drop in July Even as Home Sales Continue to Rise
Housing starts across Canada came in at a seasonally adjusted annualized rate of 229,074 units, a 4.9% decline from the month before and below expectations of about 250,000 residential housing projects.
Dow Jones
U.S. Home-Builder Sentiment Still Muted by Affordability Concerns
The NAHB/Wells Fargo Housing Market Index inched up to 35 in August from 34 in July as concerns about high mortgage rates, rising construction costs and the economy persisted.
Dow Jones
Consumer Sentiment Has Dropped in August, per Michigan Survey
Consumers’ economic mood is weaker this month versus July, according to preliminary results from the University of Michigan’s monthly survey.
Dow Jones
Retail Sales Fell Last Month
Retailers’ sales fell by 0.6% last month to $763.6 billion, versus the 0.2% growth recorded in June.
Dow Jones
Eurozone Retail Sales Retreat as Consumers Still Fret Over War
Retail sales in the eurozone fell in June and was the second decline in the four full months since the start of the war against Iran.
Dow Jones
Consumer Sentiment Rose in July, per Michigan Survey
The University of Michigan’s consumer sentiment index rose to 55.2 from 49.5 in June as gasoline prices cooled.
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