Confidence among US homebuilders declines in February to four-month low
Manufacturing activity growth in New York State slips this month, finds NY Fed survey
New York
CONFIDENCE among US homebuilders decreased in February to the lowest level in four months as winter weather prevented some prospective buyers from touring new developments.
The National Association of Home Builders/Wells Fargo sentiment gauge fell to 55 this month from 57 in January, according to figures issued from the Washington-based group on Tuesday. The decline was led by a slump in customer traffic.
TRENDING NOW
What role can Japan play in Asean’s future?
IOI Properties and CapitaLand Investment closer to acquiring One Raffles Place in joint bid
AI bubble may burst soon amid financing concentration, rising rates: Ray Dalio
OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks
