New Home Sales
Why Housing Data Matters?
Understanding the intricate relationship between housing metrics and a nation's Gross Domestic Product (GDP) is essential for comprehending economic dynamics. The GDP formula, encompassing consumer spending (C), investments (I), gross investments (G), exports (X), and imports (M), underscores the integral role of housing data in shaping consumer behavior and economic investments.
Pre-Christmas U.S. Data May Contribute to Falling U.S. Dollar | Daily Market Analysis
Key events: USA – Core Durable Goods Orders (MoM) (Nov) USA – Core PCE Price Index (MoM) (Nov) Canada – GDP (MoM) (Oct) USA – New Home Sales (Nov)
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