Will the housing market continue to prop up the US economy?

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Despite a recent drop in retail sales, softer business spending and a slowdown in job growth, the housing market keeps humming along. That's good news for a US economy that may need housing to keep the current recovery alive.

New York Despite a recent drop in retail sales, softer business spending and a slowdown in job growth, the housing market keeps humming along. That's good news for a US economy that may need housing to keep the current recovery alive.

The National Association of Home Builders reported last week that builder sentiment in October reached its highest level since February 2018. What's more, the increase in sentiment so far this year is the biggest 10-month change in more than six years."With homebuilder sentiment so strong, it's hard to imagine that the economy is on the cusp of a downturn," said analysts at Bespoke Investment Group in a report.

 

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CALLING A it A fly

fly

Thanks Trump for the great economy !

FactsFirst Unemployment at 50-year low. 241,000 seasonal jobs and counting. Seasonal jobs hiring now

Aren’t we at full employment? Looks like zucker is paying someone to wrote this.

Dems are hoping the economy turns down just to gain a few talking points for an election. Pathetic 🙄

Same as 2007ish 🙄

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