The Corner

Good News–Times Three

US single-family home starts hit new high in Nov

WASHINGTON (Reuters) – U.S. single-family housing

starts rose to a fresh record high in November, as persistently

low mortgage rates fueled strong demand for housing, a

government report showed on Tuesday.

US current account gap narrows in Q3

WASHINGTON, Dec 16 (Reuters) – The U.S. current account

deficit narrowed more than expected in the third quarter, a

government report showed on Tuesday.

The gap in the current account, the broadest measure of the

nation’s trade with the rest of the world, shrank to $135.0

billion from an upwardly revised $139.4 billion in the second

quarter, the Commerce Department said.

US consumer prices post surprise fall in November

WASHINGTON, Dec 16 (Reuters) – U.S. consumer prices took an

unexpected tumble last month as the cost of energy, clothing,

furniture and lodging all fell, according to a government

report on Tuesday that showed underlying inflation running at a

nearly 38-year low.

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