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Existing Home Sales Decline, NAR Calls Report "Disturbing"; First Time Buyers Decline Third Year; Housing Clearly Weakening Existing home sales came in a bit under Bloomberg Econoday Consensus , down 3.4% in October. Year-over-year trends are weakening. Sales of existing homes are not a source of strength for the economy, down 3.4 percent in October to a slightly lower-than-expected annualized rate of 5.36 million.
CNN reports More than Half the Nation’s Governors say Syrian Refugees Not Welcome . More than half the nation’s governors say they oppose letting Syrian refugees into their states, although the final say on this contentious immigration issue will fall to the federal government. States protesting the admission of refugees range from Alabama and Georgia, to Texas and Arizona, to Michigan and Illinois, to Maine and New Hampshire.
Visit site: Tracking Manufacturing’s Perpetual Overoptimism
Read this article: Australia Considers Paperless Passports Based on Fingerprints, Face Recognition, Eye Scans; We Know Who You Are!
Tweet The agenda of fear and hate driving conservative candidates for president today is the last thing we should do.
Read the article: Resistors Are Cheaper Than Batteries
View article: Industrial Production Unexpectedly Declines Again: Don’t Worry, It’s the Weather and Mining
These attacks fuel new questions about Europe’s border-free travel . Friday night’s attacks are now raising the possibility that the ease of movement that Schengen guarantees may have been used by the terrorists to wreak havoc.