Home Sales Help Lift Economy
Selling a HomeThe economy got a little boost in October and November that was mostly attributed to an increase in home sales and consumer spending, according to the Federal Reserveβs Beige Book. Nine of the Fedβs 12 regional banking districts showed growth during the time period. However, the Northeast had notably slow economic growth, which was mostly attributed to the impact of Hurricane Sandy, which struck the region in October. Economic growth was notably slower in New York, Philadelphia, and Boston, which […]