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Editorial Results (free)

1. 30-Year Mortgage Rate Falls to 4.27 Percent -

Average U.S. rates on fixed mortgages fell this week for the second straight week as the spring home-buying season begins.

Mortgage buyer Freddie Mac said Thursday that the average rate for the 30-year loan fell to 4.27 percent from 4.34 percent last week. The average for the 15-year mortgage eased to 3.33 percent from 3.38 percent.

2. Fed Survey: Growth Picks Up Across Most of US -

WASHINGTON (AP) – A Federal Reserve survey shows economic growth picking up across most of the United States over the past two months as bitter winter weather subsided.

Ten of the Fed's 12 regions reported an increase in economic activity, according to the Beige Book survey released Wednesday. In most places, the Fed described the improvement as "modest or moderate." Only Cleveland and St. Louis reported slower growth.

3. Growing Demand for US Apartments Pushing Up Rents -

These are good times for U.S. landlords. For many tenants, not so much.

With demand for apartments surging, rents are projected to rise for a fifth straight year. Even a pickup in apartment construction is unlikely to provide much relief anytime soon.

4. US Home Market: Few Buyers and Not Enough Sellers -

WASHINGTON (AP) – Entering the 2014 spring buying season, the U.S. housing market faces an unusual dilemma: Too few people are selling homes. Yet too few buyers can afford the homes that are for sale.

5. US Service Firms Grow More Quickly, Boost Hiring -

WASHINGTON (AP) – U.S. service firms expanded more quickly last month as new orders rose and hiring increased, a positive sign the economy is rebounding after an unusually cold winter.

6. Yellen: Job Market Needs Low Rates 'For Some Time' -

WASHINGTON (AP) – Federal Reserve Chair Janet Yellen made clear Monday that she thinks the still-subpar U.S. job market will continue to need the help of low interest rates "for some time."

7. US Home Prices Dip in January for 3rd Straight Month -

WASHINGTON (AP) – U.S. home prices dipped in January for a third straight month, likely because of slower sales in recent months caused by cold weather, a limited supply of homes and higher mortgage rates.

8. US Home Construction Falls for 3rd Month in Feb. -

U.S. home construction fell for a third month in February, but in a hopeful sign, applications for building permits rose to their highest level in four months.

Builders started work on 907,000 homes at a seasonally adjusted annual rate in February, the Commerce Department said Tuesday. That was down a slight 0.2 percent from January, when construction had fallen 11.2 percent. The declines have been blamed in large part on severe winter weather in much of the country.

9. US Home Construction Falls for 3rd Month in February -

U.S. home construction fell for a third month in February, but in a hopeful sign, applications for building permits rose to their highest level in four months.

Builders started work on 907,000 homes at a seasonally adjusted annual rate in February, the Commerce Department said Tuesday. That was down a slight 0.2 percent from January, when construction had fallen 11.2 percent. The declines have been blamed in large part on severe winter weather in much of the country.

10. US Homebuilder Confidence Edges Higher in March -

U.S. homebuilders' confidence in the housing market edged higher this month, reflecting improved demand for new homes as the traditional spring home-selling season ramps up.

But the outlook for sales of single-family homes over the next six months dimmed slightly as builders continue to grapple with a shortage of skilled workers, ready-to-build land and rising building materials costs.

11. US Employers Posted More Open Jobs in January -

WASHINGTON (AP) – U.S. employers advertised slightly more jobs in January than in December, a sign that hiring should remain steady in coming months.

The Labor Department said Tuesday that employers posted 3.9 million job openings, up 1.5 percent from December. That is still below November's nearly six-year high of 4.1 million, the first month that openings topped 4 million since March 2008.

12. Blast of Winter Weather Can't Faze US Employers -

WASHINGTON (AP) – Brutal winter weather snarled traffic, canceled flights and cut power to homes and factories in February. Yet it didn't faze U.S. employers, who added 175,000 jobs, far more than the two previous months.

13. Cost Crunch -

The aftermath of the housing crash and economic recession produced a roller coaster of changes in construction costs, one with more peaks than valleys.

And local construction industry officials and homebuilders say they’re still struggling with fluctuating prices for materials.

14. US Applications for Jobless Aid Reach 3-Month Low -

WASHINGTON (AP) – The number of people seeking U.S. unemployment benefits dropped 26,000 last week to a seasonally adjusted 323,000, the lowest level in three months as layoffs remain at pre-recession levels.

15. US Service Sector Grew at Slower Pace in February -

WASHINGTON (AP) – U.S. service companies expanded more slowly in February as hiring levels declined in a cautionary sign for the economy coming out of winter.

The Institute for Supply Management said Wednesday that its service-sector index fell to 51.6 from 54 in January. Any reading above 50 indicates expansion.

16. US Home Prices Dip for Second Straight Month -

WASHINGTON (AP) – U.S. home prices fell for the second straight month in December as brutally cold weather, tight supply and higher costs slowed sales.

The Standard & Poor's/Case-Shiller 20-city home price index declined 0.1 percent from November to December, matching the previous month's decline. The index is not adjusted for seasonal variations, so the dip partly reflects slower buying as winter weather set in.

17. Applications for Jobless Benefits Drop to 336,000 -

The number of people seeking U.S. unemployment benefits fell a slight 3,000 last week to a seasonally adjusted 336,000, a sign that layoffs remain low.

The Labor Department said Thursday that the four-week average of applications, a less volatile measure, rose slightly to a seasonally adjusted 338,500.

18. Average 30-Year US Mortgage Rate Up to 4.33 Percent -

WASHINGTON (AP) – Average U.S. rates on fixed mortgages rose this week but remained near historically low levels.

Mortgage buyer Freddie Mac said Thursday the average rate for the 30-year loan increased to 4.33 percent from 4.28 percent last week. The average for the 15-year mortgage edged up to 3.35 percent from 3.33 percent.

19. Applications for Jobless Benefits Drop to 336,000 -

The number of people seeking U.S. unemployment benefits fell a slight 3,000 last week to a seasonally adjusted 336,000, a sign that layoffs remain low.

The Labor Department said Thursday that the four-week average of applications, a less volatile measure, rose slightly to a seasonally adjusted 338,500.

20. US Housing Construction Down 16 Percent in January -

WASHINGTON (AP) – U.S. home construction fell in January for a second month but the weakness in both months reflected severe winter weather in many parts of the country. The expectation is that housing will deliver another year of solid gains, helped by an improving economy.

21. Applications for Jobless Benefits Rise to 339,000 -

The number of people seeking U.S. unemployment benefits rose 8,000 last week to 339,000, evidence that layoffs ticked up. Still, the increase wasn’t enough to suggest the job market is worsening.

22. Applications for Jobless Benefits Rise to 339,000 -

The number of people seeking U.S. unemployment benefits rose 8,000 last week to 339,000, evidence that layoffs ticked up. Still, the increase wasn't enough to suggest the job market is worsening.

The Labor Department said Thursday that the four-week average of applications, a less volatile measure, increased 3,500 to a seasonally adjusted 336,750.

23. US Employers Add 113,000 Jobs; Rate Dips to 6.6 Percent -

WASHINGTON (AP) – A surprisingly weak jobs report for a second straight month has renewed concern that the U.S. economy might be slowing after a strong finish last year.

Employers added 113,000 jobs in January, far fewer than the average monthly gain of 194,000 last year. Job gains have averaged just 154,000 the past three months, down from 201,000 in the preceding three.

24. US Service Sector Expands on Gain in New Orders -

WASHINGTON (AP) – U.S. service companies expanded at a slightly faster pace in January. New orders, sales and hiring showed strength in a sign that financial firms, retailers and information technology companies foresee stronger growth.

25. December US Construction Spending Up 0.1 Percent -

WASHINGTON (AP) – U.S. construction spending rose modestly in December, slowing from healthy gains a month earlier.

The Commerce Department said Monday that construction spending increased a scant 0.1 percent to a seasonally adjusted annual rate of $930.5 billion, down from a revised 0.8 percent increase in November.

26. US Consumer Spending Up 0.4 Percent in December -

WASHINGTON (AP) – Americans increased their spending at a solid pace for the second straight month in December even though their income was flat.

Consumer spending rose 0.4 percent in December, compared with November when spending had increased an even stronger 0.6 percent, the Commerce Department reported Friday. That was the best gain in five months.

27. Applications for Jobless Benefits Rise to 348,000 -

WASHINGTON (AP) – Weekly applications for U.S. unemployment benefits rose 19,000 last week to 348,000, the highest in about a month. But the broader trend in applications remains low.

The Labor Department says that the four-week average, a less volatile measure, increased just 750 to 333,000. The increase follows three weeks of declines.

28. US Economy Grew at 3.2 Percent Rate in Q4 -

WASHINGTON (AP) – The U.S. economy grew at a 3.2 percent annual rate in the October-December quarter on the strength of the strongest consumer spending in three years, an encouraging sign for 2014.

29. US Sales of New Homes Drop 7 Percent in December -

WASHINGTON (AP) – U.S. sales of new homes fell in December for a second consecutive month but even with the pause at the end of the year, sales for all of 2013 climbed to the highest level in five years.

30. US Home Sales Edged Up 1 Percent in December -

WASHINGTON (AP) – Sales of existing U.S. homes edged up slightly in December, helping to lift sales for the year to the highest level in seven years.

Sales increased to an annual rate of 4.87 million units last month, up 1 percent from the November sales pace, the National Association of Realtors reported Thursday. Both months represented a slower pace of sales than earlier in 2013, reflecting the drag from higher mortgage rates and higher home prices.

31. Business Leaders Optimistic About Local Economy -

As they have for a few quarters now, Memphis-area business leaders continue to acknowledge an incremental sense of optimism about specific aspects of their companies and the economy, according to the results of the third Memphis Economic Indicator.

32. US Homebuilding Dips, But Year Best Since 2007 -

WASHINGTON (AP) – U.S. home construction slowed in December but ended 2013 with the best showing since the housing bubble burst.

The Commerce Department said Friday that builders broke ground last month at a seasonally annual rate of 999,000. That's 9.8 percent lower than November's pace of 1.12 million, which was the fastest in five years.

33. Factory Orders Up on Aircraft Demand -

U.S. factories orders climbed in November, led by a surge in aircraft demand. And businesses stepped up spending on machinery, computers and other long-lasting goods, a sign of investment that could fuel economic growth.

34. US Construction Spending Up 1 Percent in November -

WASHINGTON (AP) – U.S. construction spending rose in November at the strongest pace in more than four years, driven by solid gains in home construction and commercial projects.

The Commerce Department said construction spending increased 1 percent in November to a seasonally adjusted annual rate of $934.4 billion. That's the fastest rate since March 2009 and a slight improvement on the revised 0.9 percent gain in October.

35. Factory, Construction Growth Boost 2014 Outlook -

WASHINGTON (AP) – Expectations are rising for a stronger U.S. economy in 2014 after reports Thursday showed solid growth in manufacturing and construction spending at the end of last year.

36. US Home Construction Hits Highest Pace in 5 Years -

WASHINGTON (AP) – U.S. builders broke ground on homes at the fastest pace in more than five years, strong evidence that the housing recovery is accelerating despite higher mortgage rates.

37. US Homebuilder Confidence Surges in December -

U.S. homebuilders' confidence bounced back strongly this month, a sign that construction and industry hiring may pick up in coming months.

The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday climbed to 58. That was up from 54 in November and matched an eight-year high reached in August. Readings above 50 indicate that more builders view sales conditions as good than poor.

38. Solid US Job Growth Cuts Unemployment to 7 Percent -

WASHINGTON (AP) – The U.S. job market is proving sturdier than many had thought.

Solid job growth in November cut the U.S. unemployment rate to 7 percent, a five-year low. The surprisingly robust gain suggested that the economy may have begun to accelerate. As more employers step up hiring, more people have money to spend to drive the economy.

39. US Construction Spending Up 0.8 Percent in October -

U.S. developers boosted construction spending in October at the fastest pace in more than four years, propelled by a surge in government projects. But spending on home construction and commercial projects both fell.

40. US New-Home Sales Jump in October -

WASHINGTON (AP) – Americans ramped up purchases of new homes in October after three months of soft sales, evidence that the housing recovery is improving fitfully.

Sales of new homes grew 25.4 percent to a seasonally adjusted annual rate of 444,000, the Commerce Department said Wednesday. That was the largest monthly percentage increase since May 1980.

41. US Service Sector Grows at Slower Pace Last Month -

WASHINGTON (AP) – U.S. service sector firms grew in November at the weakest pace since June, evidence that cautious spending by consumers and businesses may be slowing growth.

The Institute for Supply Management said Wednesday its service-sector index fell to 53.9 in November, down from 55.4 in October. Any reading above 50 indicates expansion. The index hit an eight-year high of 58.6 in August.

42. US Manufacturing Grows at Fastest in 2.5 Years -

WASHINGTON (AP) – U.S. manufacturing grew in November at the fastest pace in 2½ years as factories ramped up production, stepped up hiring and received orders at a healthy clip.

43. US Construction Spending Up 0.8 Percent in October -

U.S. developers boosted construction spending in October at the fastest pace in more than four years, propelled by a surge in government projects. But spending on home construction and commercial projects both fell.

44. US Home Permits Rise at 5-Year High on Apartments -

WASHINGTON (AP) – U.S. developers received approval in October to build apartments at the fastest pace in five years, a trend that could boost economic growth in the final three months of the year.

45. US Businesses Boost Hiring Despite the Shutdown -

WASHINGTON (AP) – The U.S. economy may be sturdier than many had assumed.

Employers added a surprisingly strong 204,000 jobs in October despite the 16-day government shutdown, the Labor Department said Friday. And they did a lot more hiring in August and September than previously thought.

46. US Factory Orders Rise 1.7 Percent in September -

Orders to U.S. factories rose in September on a big jump in commercial aircraft demand. But businesses cut back sharply on machinery and other goods that signal their confidence to expand, signs of slower economic growth.

47. Economy Expands in Third Quarter -

The U.S. economy expanded at a 2.8 percent annual rate from July through September, a surprising acceleration ahead of the 16-day partial government shutdown. But much of the strength came from a buildup in company stockpiling.

48. Company Restocking Lifts US Economic Growth -

The U.S. economy expanded at a 2.8 percent annual rate from July through September, a surprising acceleration ahead of the 16-day partial government shutdown. But much of the strength came from a buildup in company stockpiling.

49. US Service Firms Expanded More Quickly in October -

WASHINGTON (AP) – Activity at U.S. service firms accelerated in October behind a jump in sales and more hiring, suggesting businesses largely shrugged off the partial government shutdown.

50. US Factory Orders Rise 1.7 Percent in September -

Orders to U.S. factories rose in September on a big jump in commercial aircraft demand. But businesses cut back sharply on machinery and other goods that signal their confidence to expand, signs of slower economic growth.

51. Performance Ranges Widely at Local Companies -

Here’s a snapshot of the recent performance of some of Memphis’ publicly traded companies – businesses that cast a shadow far beyond the Memphis city limits in industries including finance, package delivery and bioscience.

52. Business Licenses Increase 4.9 Percent in Third Quarter -

Business licenses filed with the Shelby County Clerk’s Office in the third quarter rose nearly 5 percent over third quarter 2012, and increased even more compared to the second quarter this year, according to The Daily News Online, www.memphisdailynews.com.

53. 100 Candles -

An appreciation of the past is practically a requirement for visitors of the Majestic Grille, 145 S. Main St., a storied Downtown eatery housed in a space with a terra cotta facade, beaux arts decor and even an old movie screen inside.

54. US Builders Boost Single-Family Home Construction -

WASHINGTON (AP) – U.S. builders started work in August on the most single-family homes in six months and requested permits to construct even more in future months. The figures suggest housing remains a driver of economic growth despite higher mortgage rates.

55. FedEx Cares Week Builds Community Support -

FedEx Corp. wraps up its ninth annual FedEx cares Week on Friday, as more than 900 local FedEx employees have volunteered in the community for a variety of organizations.

56. Bass Pro Shops Files $40 Million Permit -

1 A.W. Willis Ave.
Memphis, TN 38103
Permit Cost: $40 million

Project Cost: $150 million

Permit Date: Applied September 2013

Completion: 2014

Owner: City of Memphis

57. US Employers Posted Fewer Jobs, But Hired More -

WASHINGTON (AP) – U.S. employers advertised fewer jobs in July but hired more workers, a mixed sign that suggests only modest improvement in the job market.

Job openings fell 180,000 in July to 3.7 million, the Labor Department said Tuesday. That's down from 3.9 million the previous month, which was revised lower.

58. Bayer CropScience Files Permit Application for Greenhouse -

Bayer CropScience is moving ahead with construction of its $17 million greenhouse near Agricenter International, filing a $2 million permit application with the city-county Office of Construction Code Enforcement.

59. Muddled US Jobs Picture to Weigh on Fed Decision -

WASHINGTON (AP) – Employers are sketching a hazy picture of the U.S. job market for the Federal Reserve to weigh in deciding this month whether to reduce its stimulus for the economy – and, if so, by how much.

60. County Commission to Fill School Board Vacancy -

Shelby County Commissioners bring the countywide school board up to its full strength of seven members Monday, Sept. 9, by appointing someone to the open District 6 seat.

The commission meets at 1:30 p.m. at the Vasco Smith County Administration Building, 160 N. Main St.

61. US Construction Spending Up 0.6 Percent in July -

Spending on U.S. construction projects rose in July, led by strong gains in housing and nonresidential projects.

Construction spending increased 0.6 percent in July compared with June when activity was unchanged, the Commerce Department reported Tuesday, Sept. 3. The June performance represented an upward revision from an initial estimate that spending had fallen 0.6 percent.

62. US Service Firms Expand at Fastest Pace in 8 Years -

Companies in the U.S. service sector expanded at their fastest pace in nearly 8 years last month as sales and orders grew and employers ramped up hiring.

The Institute for Supply Management said Thursday that its service-sector index rose to 58.6 in August from 56 in July. It's the highest point since December 2005. Any reading above 50 indicates expansion.

63. Average US 30-Year Mortgage Rate Up to 4.57 Percent -

WASHINGTON (AP) – Average fixed rates on U.S. long-term mortgages neared their highs for the year this week amid signs of further strength in the economy.

Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan was 4.57 percent this week. That's up from 4.51 percent last week and close to the high this year of 4.58 percent reached Aug. 22.

64. US Service Firms Expand at Fastest Pace in 8 Years -

Companies in the U.S. service sector expanded at their fastest pace in nearly 8 years last month as sales and orders grew and employers ramped up hiring.

The Institute for Supply Management said Thursday that its service-sector index rose to 58.6 in August from 56 in July. It's the highest point since December 2005. Any reading above 50 indicates expansion.

65. US Construction Spending Up 0.6 Percent in July -

Spending on U.S. construction projects rose in July, led by strong gains in housing and nonresidential projects.

Construction spending increased 0.6 percent in July compared with June when activity was unchanged, the Commerce Department reported Tuesday, Sept. 3. The June performance represented an upward revision from an initial estimate that spending had fallen 0.6 percent.

66. US Builders Broke Ground on More Homes in July -

WASHINGTON (AP) – U.S. developers broke ground on homes at a faster pace in July. But the rise was all due to apartment construction, which is typically volatile. By contrast, builders began work on fewer single-family homes – the bulk of the market – and sought fewer permits to build them.

67. US Homebuilder Confidence Nears 8-Year High -

Confidence among U.S. homebuilders is at its highest level in nearly eight years, fueled by optimism that demand for new homes will drive sales growth into next year.

The brighter sales outlook is the latest sign pointing to a sustained pickup in construction in coming months and comes as applications for permits to build single-family houses are at a five-year high.

68. Average Rate on 30-Year US Mortgage Stays 4.4 Percent -

WASHINGTON (AP) – Average rates on U.S. long-term fixed mortgages remained steady for a second straight week, giving prospective home buyers more time to lock in historically low levels.

69. Growth at US Service Firms Jumps on New Orders -

WASHINGTON (AP) – U.S. service firms expanded in July at the fastest pace since February, fueled by a brisker month of sales and a jump in new orders. The increase suggests economic growth could be picking up after a weak first half of the year.

70. Solid US Job Gains Could Bolster Second-Half Growth -

WASHINGTON (AP) – Robust hiring in July would mark a fourth straight month of solid gains, an encouraging sign for a U.S. economy that is still struggling with high unemployment.

Economists predict that employers added 183,000 jobs – a figure that would show that businesses are growing more confident despite weak economic growth. More jobs would boost consumers' ability to spend, allowing for stronger growth in the second half of the year.

71. US Factories Rebound With Best Growth in 2 Years -

WASHINGTON (AP) – U.S. factories revved up production, hired more workers and received a surge of new orders in July, helping them expand at the fastest pace in two years. The gains suggest manufacturing is rebounding and could provide a spark to economic growth.

72. Better Economic Growth Likely to Follow Weak Second Quarter -

WASHINGTON (AP) – The economy is expected to have grown at a dismal pace in the April-June quarter, weighed down by large tax increases and steep government spending cuts.

But the second quarter should be the low point for the year, economists say. The fiscal drag is expected to fade. At the same time, steady hiring, more business spending and a solid recovery in housing should push growth higher in the second half of the year.

73. US Home Sales Dip But Remain Near 3.5-Year High -

WASHINGTON (AP) – U.S. sales of previously occupied homes slipped in June to a seasonally adjusted annual rate of 5.08 million but remain near a 3.5-year high.

The National Association of Realtors said Monday that sales fell 1.2 percent last month from an annual rate of 5.14 million in May. The NAR revised down May's sales, but they were still the highest since November 2009.

74. US Builders Start Work on Fewer Homes in June -

WASHINGTON (AP) – U.S. builders started work on fewer homes in June, mostly because apartment construction fell sharply. But applications for permits to build single-family houses rose to the highest level in five years, suggesting the housing recovery will continue.

75. US Homebuilder Confidence, Sales Outlook Soar -

U.S. homebuilders are feeling more optimistic about their home sales prospects than they have in more than seven years, a trend that suggests home construction will accelerate in coming months.

The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday jumped to 57 this month from 51 in June. It was the third consecutive monthly gain.

76. US Economy Looks Weaker After Subpar Retail Sales -

WASHINGTON (AP) – The U.S. economy appears to be weaker than many economists had thought after a report Monday showed consumers spent cautiously in June at retail businesses.

Americans bought more cars and trucks, furniture and clothes. But they cut back almost everywhere else. They spent less at restaurants and bars, reduced purchases at home improvement stores, and bought fewer computers and electronics.

77. US Adds 195,000 Jobs; Unemployment 7.6 Percent -

U.S. employers added a robust 195,000 jobs in June and many more in April and May than previously thought. The job growth suggests a stronger economy and makes it more likely the Federal Reserve will slow its bond purchases as early as September.

78. US Construction Spending Up 0.5 Percent in May -

Spending on residential housing rose in May to the highest level in 4½ years, helping to send overall construction spending higher despite a big drop in nonresidential activity.

Construction spending rose 0.5 percent in May compared with April when spending was up 0.1 percent, the Commerce Department said Monday.

79. US Rate on 30-Year Mortgage Falls to 4.29 Percent -

WASHINGTON (AP) – Average U.S. rates on fixed mortgages fell this week after last week's surge. The declines could prompt homebuyers to act quickly before rates rise further.

Freddie Mac said Wednesday that the average on the 30-year loan dropped to 4.29 percent. That's down from 4.46 percent last week, the highest in two years and a full point more than a month ago.

80. Survey: US Services Firms Grow Slower, Hire More -

WASHINGTON (AP) – U.S. services firms grew at a slower pace in June from May but added more jobs. The figures offered a mixed sign for companies that employ roughly 90 percent of the workforce.

81. US Construction Spending Up 0.5 Percent in May -

Spending on residential housing rose in May to the highest level in 4½ years, helping to send overall construction spending higher despite a big drop in nonresidential activity.

Construction spending rose 0.5 percent in May compared with April when spending was up 0.1 percent, the Commerce Department said Monday.

82. Reports Reflect Fed's Message of Stronger Economy -

WASHINGTON (AP) – The U.S. housing recovery is strengthening. Factories are fielding more orders. And Americans' confidence in the economy has reached its highest point in 5.5 years.

That brightening picture, captured in four reports Tuesday, suggests that the economy could accelerate in the second half of the year. It underscores the message last week from the Federal Reserve, which plans to slow its bond-buying program this year and end it next year if the economy continues to strengthen. The Fed's bond purchases have helped keep long-term interest rates low.

83. US Home Prices Rise 12.1 Percent in April -

U.S. home prices jumped 12.1 percent in April from a year ago, the most since March 2006. More buyers and a limited supply of available homes have lifted prices in most cities across the country, a sign of a broad-based housing recovery.

84. Arkansas Unemployment Rate Rises Slightly in May -

LITTLE ROCK, Ark. (AP) — Arkansas' unemployment rate rose slightly in May, increasing from 7.2 percent in April to 7.3 percent in May, according to a report released Friday by the state Department of Workforce Services.

85. Mississippi Unemployment at 9.1 Percent in May -

JACKSON, Miss. (AP) — Mississippi's unemployment rate dropped slightly to 9.1 percent in May, and the state was tied with Illinois for the second-highest seasonal adjusted jobless rate in the nation.

86. US Home Re-Sales Surpass 5 Million in May -

WASHINGTON (AP) — U.S. sales of previously occupied homes surpassed the 5 million mark in May, the first time that's happened in 3 ½ years. The gain shows the housing recovery is strengthening.

87. US Home Construction Rises 6.8 Percent in May -

WASHINGTON (AP) — U.S. builders stepped up home construction in May and applied for permits to build single-family homes at the fastest pace in five years. The gains show housing remains a key source of growth for the economy.

88. Homebuilder Confidence Soars -

For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in coming months.

The National Association of Home Builders/Wells Fargo builder sentiment index released Monday leaped to 52 this month from 44 in May. It was the largest monthly increase since 2002.

89. US Retail Sales Jump 0.6 Percent in May -

Americans stepped up purchases at retail businesses in May, spending more on cars, home improvements and sporting goods. The gain shows consumers remain resilient despite higher taxes and could drive faster growth later this year.

90. US Construction Spending Up 0.4 Percent in April -

Spending on U.S. construction projects rose in April despite weakness in residential projects and government spending. Construction spending rose 0.4 percent in April, compared with March, when spending fell a revised 0.8 percent, the Commerce Department reported Monday.

91. Survey: US Service Firms Grow at Faster Pace -

U.S. service firms grew at a faster pace in May, driven by a jump in new orders. But a measure of hiring showed companies added fewer jobs.

The Institute for Supply Management said Wednesday that its index of service-sector growth rose to 53.7 from 53.1 in April. Any reading above 50 indicates expansion. Last month’s figure is below the 12-month average of 54.4.

92. US Unemployment Benefit Applications Fall to 346,000 -

The number of Americans seeking unemployment benefits fell 11,000 last week to a seasonally adjusted 346,000, a level consistent with steady job growth.

The Labor Department said Thursday that applications dropped from 357,000 the previous week, which was revised up from an initially reported 354,000. The less volatile four-week average rose 4,500 to 352,500.

93. Survey: US Service Firms Grow at Faster Pace -

U.S. service firms grew at a faster pace in May, driven by a jump in new orders. But a measure of hiring showed companies added fewer jobs.

The Institute for Supply Management said Wednesday that its index of service-sector growth rose to 53.7 from 53.1 in April. Any reading above 50 indicates expansion. Last month’s figure is below the 12-month average of 54.4.

94. US Home Prices Jumped in April by Most in 7 Years -

U.S. home prices soared 12.1 percent in April from a year earlier, the biggest gain since February 2006, as more buyers competed for fewer homes.

Real estate data provider CoreLogic says prices rose in April from the previous April in 48 states. Prices also rose 3.2 percent in April from March, much better than the previous month-to-month gain of 1.9 percent.

95. US Auto Sales See Big Gains in May -

DETROIT (AP) – Price cuts at Nissan and strong demand for pickup trucks helped U.S. auto sales rebound in May after a slight dip in April.

General Motors reported its strongest monthly sales since September of 2008. Chrysler, Ford, and Toyota also reported increases. Nissan Motor Co. notched its highest May sales ever after cutting prices on seven popular models early in the month. Only Volkswagen said sales fell compared with May of last year.

96. US Construction Spending Up 0.4 Percent in April -

Spending on U.S. construction projects rose in April despite weakness in residential projects and government spending.

Construction spending rose 0.4 percent in April, compared with March, when spending fell a revised 0.8 percent, the Commerce Department reported Monday.

97. Signed Contracts to Buy US Homes at 3-Year High -

WASHINGTON (AP) — The number of Americans who signed contracts to buy homes ticked up in April to the highest level in three years. The increase points to growth in home sales in the coming months.

98. Applications for US Unemployment Aid Rises -

WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose 10,000 last week to a seasonally adjusted 354,000. Still, the level of applications is consistent with steady hiring and remains near a five-year low.

99. Rising Home, Stock Prices Boost US Confidence -

WASHINGTON (AP) — Americans are more confident in the U.S. economy than at any point in the past five years, thanks to surging home values, a brighter job market and record-setting stock prices.

100. US New Home Sales Up 2.3 Percent in April -

WASHINGTON (AP) – U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening.