Two Reports This Week are Good News for US Economy
Existing home sales grew in August at the fastest annual pace since March and increased plans for new buildings drawn up by architects indicate a future surge in non-residential construction.
Many retailers posted solid sales during July, the kickoff to the back-to-school season.
A wide range of retailers today delivered sales reports that beat Wall Street estimates, including Target, J.C. Penney, Macy's, and Saks. Costco reported an impressive 10% increase in sales.
(READ the AP article in the San Diego Union-Tribune)
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