4514 Outlook

Economic Outlook: November 22, 2019

Nov 22, 2019  | Ep4514

As you prepare to break bread with family and friends for Thanksgiving, more of you may be headed to new destinations. ---

The Commerce Department reports new home building increased 2 percent in October fueled by lower interest rates and a healthy job market.

The same factors are boosting the sale of existing homes. However, a shortage of available properties are keeping a lid on even more transactions.

The 10-state snapshot in mostly middle American states hit its highest mark of 2019. Creighton’s Rural Mainstreet Index topped growth neutral for the fourth time in five months.

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