Patrick Temple-West

New home sales increased 6.2% in October as the number of homes for sale fell to a 38-year low, the Commerce Department reported Wednesday.

Personal spending rose 0.7% in October, more than economists’ estimates, the Commerce Department reported Wednesday.

Durable goods orders fell 0.6% in October as orders excluding transportation dropped by the largest amount in seven months, the Commerce Department reported Wednesday.

WASHINGTON - New home sales increased 6.2% in October as the number of homes for sale fell to a 38-year low, the Commerce Department reported today.

WASHINGTON - Durable goods orders fell 0.6% in October as orders excluding transportation dropped by the largest amount in seven months, the Commerce Department reported today.

WASHINGTON - Personal spending rose 0.7% in October, more than economists’ estimates, as auto sales increased following the “cash for clunkers” program, the Commerce Department reported today.

Third-quarter gross domestic product increased at a 2.8% annual rate, revised down from the advance 3.5% rate of growth, as consumer spending and business investment figures retreated from October estimates, the Commerce Department reported yesterday.

The Federal Reserve Open Market Committee saw economic activity “picking up as anticipated” when it met on Nov. 3-4, according to minutes from the meeting released yesterday.

WASHINGTON - The Federal Reserve Open Market Committee saw economic activity “picking up as anticipated” when it met on Nov. 3-4, according to minutes from the meeting released today.

WASHINGTON – The third quarter gross domestic product increased at a 2.8% annual rate, revised down from earlier reports of 3.5%rate of growth, as consumer spending and business investment figures retreated from October estimates, the Commerce Department reported today. Corporate profits increased by the most in five years.

Existing home sales jumped 10.1% in October to a 6.10 million annual rate and surged by a record amount from last October, the National Association of Realtors reported yesterday.

Existing home sales jumped 10.1% in October to a 6.10 million annual rate and surged by a record amount from last October, the National Association of Realtors reported today.

Prince George’s County’s credit outlook was revised to negative by Fitch Ratings on Friday ahead of a $30 million general obligation school construction bond sale.

Initial jobless claims were 505,000 for the week ending Nov. 14, unchanged from the previous week, the Labor Department reported yesterday.

WASHINGTON – Initial jobless claims were 505,000 for the week ending Nov. 14, unchanged from the previous week, the Labor Department reported today.

WASHINGTON — The Montgomery County Council in Maryland Tuesday unanimously voted against proposed toll rate hikes for the InterCounty Connector, the $2.4 billion toll road currently under construction, and also cut $30 million from the county’s fiscal 2010 budget.

The consumer price index rose 0.3% in October, boosted by the largest monthly increase in vehicle prices in 28 years, the Labor Department reported yesterday.

The West Virginia legislature is expected today to authorize counties to issue recovery zone bonds next year. Legislators are also hoping to pass legislation to address the state’s unfunded pension liabilities.

WASHINGTON - The consumer price index rose 0.3% in October boosted by the largest monthly increase in vehicle prices in 28 years, the Labor Department reported today.

The producer price index for finished goods increased 0.3% in October as core prices dropped 0.6%, the Labor Department said yesterday.