Randy Shamburger | Local Mortgage Lender | Greenville, SC

Economic News in Review Greenville SCHere is last week’s Economic News in Review Greenville SC. Existing home sales outpaced expectations to hit an eight-year high, while new home sales were at a seven-month low. Meanwhile, lay-offs shrank to their smallest rate in more than 40 years.  Existing H...

Economic News in Review Greenville SCHere is last week’s Economic News in Review Greenville SC. New home construction took off, and lay-offs tumbled, while retail sales experienced an unexpected dip.  New Home Construction  Construction on new homes enjoyed a sizable surge, growing 9.8 percent to...

Economic News in Review Greenville SCHere is last week’s Economic News in Review Greenville SC. Wholesale inventories enjoyed a larger-than-expected increase, while layoffs also (unfortunately) saw an unexpectedly large rise, and consumer credit also saw solid gains.  Wholesale Inventories  Whole...

Economic News in Review Greenville SCHere is last week’s Economic News in Review Greenville SC. Unemployment hit a seven-year low, but wages remained flat. Meanwhile, lay-offs saw a short-term increase, and construction spending enjoyed solid growth.  Unemployment  Unemployment fell to a seven-ye...