MarketMinute | How are builders feeling about the market?
Last month’s Fed meeting minutes showed officials agreed on the need to eventually dial back the pace of policy interest rate hikes. Consumer sentiment rose to a 3-month high in early August, indicating stronger expectations about the economy and personal finances. Retail sales for July were flat compared with an anticipated 0.1% gain. Falling fuel prices helped drive retail spending. Builder sentiment for the single-family homes market fell into negative territory in August, as builders and...
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