Tag Archives: Economy

Reuters: U.S. existing home sales fall more than expected in October

U.S. home resales fell more than expected in October, with large declines in regions which have experienced the biggest price gains, but the underlying trend suggested housing remained on firmer footing. The National Association of Realtors said on Monday existing home sales declined 3.4 percent to an annual rate of5.36 million units. September’s sales pace was unrevised at 5.55 million units and was the second highest since 2007.

Peoria Journal-Star: Unemployment rates fall in all Illinois metro areas but job-growth weak in some locations

The Illinois Department of Employment Security reports the jobless rate dropped in September in all of the metro areas the agency tracks. But the department’s director says that job growth remains weak. The department said Thursday that unemployment fell in all 14 metro areas. It was the 19th straight month of across-the board improvement.The lowest rate was 4.3 percent in . . .

Rockford Register-Star: Rockford area jobless rate 6.2 percent, lower than a year ago and in August

The jobless rate in Winnebago and Boone counties in September was 6.2 percent, down from 7.1 percent a year ago as well as the 6.5 percent logged in August, the Illinois Department of Employment Security reported today.September was the 19th month in a row that unemployment rates fell in every metro area in the state.Decatur, with a 6.4 percent jobless rate in September, was the only metropolitan area in Illinois with a higher rate than the Rockford . . .