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Even as shutdown halts BLS data, hiring appears to be slowing

Key Insight: Payroll firm ADP showed that employers lost 32,000 jobs in September, but the Bureau of Labor Statistics did not release its scheduled jobs report Friday because of the federal government shutdown. Forward look: The Fed cut rates by 25 basis points in September as a “risk management” move. The absence of a key […]

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Alabama’s housing market reveals a growing affordability divide

Alabama’s housing market is splitting. Lower-priced homes are selling briskly, while higher-end listings linger, according to the latest HW Data. Affordable homes fuel pending sales Alabama’s entry-level homes are moving quickly. The state recorded 1,843 pending sales in its most affordable tier last week at a median price of $165,000 — well below the national

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