New home sales down 40% this year to lowest level since 2016

New home sales down 40% this year to lowest level since 2016

< Back to the Resource Gallery New home sales down 40% this year to lowest level since 2016REAL ECONOMY BLOG | August 23, 2022Authored by RSM US LLPNew home sales extended this year’s slump by dropping 12.6% in July to 511,000 annualized, following a 7.1% drop in...
Can a price cap on Russian oil work?

Can a price cap on Russian oil work?

< Back to the Resource Gallery Can a price cap on Russian oil work?REAL ECONOMY BLOG | July 18, 2022Authored by RSM US LLPThe United States is urging its trade partners to adopt a novel proposal that would put a cap on the price of Russian oil during a time of...
U.S. retail sales fall as inflation takes a toll

U.S. retail sales fall as inflation takes a toll

< Back to the Resource Gallery U.S. retail sales fall as inflation takes a tollREAL ECONOMY BLOG | June 15, 2022Authored by RSM US LLPU.S. retail sales declined in May as surges in energy and food prices forced consumers to reduce their spending on vehicles and...