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Topic

Commerce Department

US retail sales take step back

US retail sales take step back

Published 16 Jun, 2021 03:39am
WASHINGTON: US retail sales dropped more than expected in May, with spending rotating back to services from goods as...
US home prices rose more than expected in March

US home prices rose more than expected in March

Published 25 May, 2021 08:02pm
  • The S&P/Case Shiller composite index of 20 metropolitan areas gained 13.3% through the 12 months ended in March on a seasonally adjusted basis, the largest annual price increase since December 2013. A Reuters poll of economists had forecast a 12.3% increase.
  • On month-to-month basis, the 20-city composite index rose 1.6% from February. Economists polled by Reuters had been expecting a 1.2% increase.
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