Jeff Paul Johnson was born May 6, 1965, in Nyssa, Oregon, to Milton and Betty Johnson. He joined sisters Joannie Sneed and Judy (Les Pace) to complete the family. They .
New home sales increased 11.9% to a seasonally adjusted annual rate of 811,000 units last month, the highest level since March, the Commerce Department said on Wednesday. November's sales pace was revised down to 725,000 units from the previously reported 744,000 units. Economists polled by Reuters had forecast new home sales, which account for more than 10% of U.S. home sales, rising to a rate of 760,000 units.
New home sales increased 11.9% to a seasonally adjusted annual rate of 811,000 units last month, the highest level since March, the Commerce Department said on Wednesday. November's sales pace was revised down to 725,000 units from the previously reported 744,000 units. Economists polled by Reuters had forecast new home sales, which account for more than 10% of U.S. home sales, rising to a rate of 760,000 units.
U.S. wholesale inventories increased solidly in January even as sales surged and it is taking wholesalers the shortest time in six years to clear shelves, a sign of strengthening demand that aligns with expectations for faster economic growth this year. The Commerce Department said on Monday that wholesale inventories rose 1.3% as estimated last month. Stocks at wholesalers gained 0.6% in December.