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U.S. Housing Market Index Unexpectedly Drops To Eight-Month Low In August

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Homebuilder confidence in the U.S. has unexpectedly continued to deteriorate in the month of August, according to a report released by the National Association of Home Builders on Thursday.The report said the NAHB/Wells Fargo Housing Market Index fell to 39 in August from a downwardly revised 41 in July. The dip surprised economists, who had expected the index to inch up to 43 from the 42 original...

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Business News

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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