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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: StanX Long who wrote (54734)10/28/2001 1:53:34 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
New-Home Sales Down 1.4 Percent, Reflecting Attacks

Friday, October 26, 2001

WASHINGTON — Sales of new homes fell in September to their lowest level in a year as rising layoffs and new uncertainties raised by the terror attacks made Americans shy away from making big-ticket purchases.

The Commerce Department reported Friday that new-home sales declined by 1.4 percent to a seasonally adjusted annual rate of 864,000. That marked the lowest level since August 2000 when a rate of 839,000 homes were sold.

Last month's drop comes

foxnews.com