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THE ECONOMY.(TO THE POINT)
Construction outlays flat in Sept.
Construction spending was nearly unchanged, dipping to $1,013.9 bil at an annual rate from $1,0134.0 bil in Aug. Wall Street had expected a 0.5% rise. Spending was up 8.9% from a year ago. In Sept., residential construction eased 0.2%, the first decline since Feb. '03. Private nonresidential spending rose 0.2% vs. Aug. Public construction rose 0.3%.
Housing affordability falls in Q3
The National Association of Realtors said its gauge of housing affordability in Q3 fell to a four-year low. A family earning the median income had 128.6% of the funds needed to buy a median-priced home, down from 132.3% in Q2 and 136.2% a year ago. In Q2, a family earning the median family income could afford a $242,400 home, well above the $188,500 median home price.
Euro area factory growth slows
A Reuters index of factory activity in the 12-nation euro area slipped to a 10-month low of 52.4 in Oct. from 53.1 in Sept. Readings above 50 indicate growing activity. A gauge of new orders fell to a 13-month low of ...
- Heavy travel forecast for holidays: Hotel rates, air fares and gasoline prices...
- Newspaper article from: Tulsa World (Tulsa, OK) December 14, 2006 700+ words
...travelers. AAA-Oklahoma forecasts that a record 777,400 Oklahomans...51.5 million who drove a year ago. Holiday auto travelers will...and 11 cents higher than a year ago. In the Tulsa area, a common...days has been $2.09. A year ago, the local average was $2...
- PPL Reports Increased First-Quarter Results Compared to a Year Ago; Reaffirms...
- Press release article from: PR Newswire April 29, 2003 700+ words
...2003 compared to a year ago. Reported earnings...43 per share. A year ago, PPL reported a...stated 2003 earnings forecasts of $3.75 to...reaffirming its long-term forecast of a 5 percent to...between the 2003 forecast for reported earnings...
- Do Nanosilvers Still Have The Exciting Future That Was Forecast For Them A Year...
- Press release article from: M2 Presswire June 30, 2008 700+ words
...Forecast For Them A Year Ago? Comprehensive Report...exciting future that was forecast for them a year ago? And how are silver...revised eight-year forecast of revenues and volume...Materials -Applications and Forecasts For more information...
- Seared into their memories: fire devastated two Texas towns a year ago, but a...
- News wire article from: Houston Chronicle (Houston, TX) Korosec, Thomas December 24, 2006 700+ words
...normal levels and the forecast is for a wetter-than...El Nino is behind the forecast for a wetter-than...truck, he said. A year ago, he said, ungrazed...said the long-range forecast for a rainy winter has...bit easier. "These forecasts are a lot more accurate...
- ITW Reports Diluted Income Per Share from Continuing Operations of $0.54 in the...
- Press release article from: PR Newswire January 29, 2009 700+ words
...were above the December 2008 forecast range of $0.44 to $0...basis points lower than the year ago period due to lower base margins...income fell 33 percent versus a year ago due to lower base revenues...basis points lower than the year-ago period. "The 2008 fourth...
- Ward's Forecasts February U.S. Light-Vehicle Sales; Sales Will Trail Year-Ago,...
- Press release article from: PR Newswire February 11, 2002 700+ words
...industry information, today forecast that U.S. light-vehicle...forward from this year. Ward's forecast, updated monthly for subscribers...18.6 million rate. At the forecast SAAR, February's actual...will be 7.9 percent behind year-ago, or 1.25 million units...
- Do Nanosilvers Still Have The Exciting Future That Was Forecast For Them A Year...
- Press release article from: Business Wire June 30, 2008 700+ words
...the exciting future that was forecast for them a year ago? And how are silver inks and...well as revised eight-year forecast of revenues and volume consumption...Materials -Applications and Forecasts For more information visit http...
- Royal Caribbean posts 4Q profit from year-ago loss, but stock falls on...
- News wire article from: The America's Intelligence Wire February 5, 2007 700+ words
...posted a fourth-quarter profit from year-ago loss, on lower cruise costs and...share, during the same period a year ago. Revenue for the quarter rose 12...of 2007, the company currently forecasts net yields will decrease in a range...
- Profitable U.S. Steel Exceeds Forecast, Reverses Year-Ago Loss.
- Newspaper article from: Knight Ridder/Tribune Business News October 22, 2002 700+ words
...income totaled $106 million, or $1.04 per share, vs. a year-ago loss of $23 million, or 26 cents per share. Revenue jumped...analysts using a much higher corporate income tax rate in their forecasts than what U.S. Steel had to pay. "I thought it was still...
- Convergys Q2 EPS fall from year-ago but meet forecasts.
- News wire article from: The America's Intelligence Wire July 21, 2004 700+ words
...cents a share, vs. $42.8 million, or 29 cents a share, a year-ago. Total revenues increased about 7 percent to $601.7 million...earnings in the range of 20 to 22 cents a share. The First Call forecasts for the third-quarter range from 20 to 24 cents a share.