This
Just In
Sales
of existing homes: Sales of existing homes surpassed 6 million
(at an annualized rate) for the first time ever in January, up 16.2% from
December levels and 14.6% from a year-ago. Low mortgage rates have spurred
home sales in recent months. National
Association of Realtors
Consumer
price index: Inflation in consumer prices increased only 0.2% in
January, following on the heels of three months of decline at the end
of 2001. Falling energy costs offer the principal reason for the favorable
level of consumer prices in recent months.
U.S.
Department of Labor.
Copyright 2002 The American Institute of Architects. All rights reserved.
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Ed. note: We are pleased to offer members a regular update on key economic indicators that will help firms track trends in the business environment. Previously reported: |
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