官方APP下载:英语全能特训(微信小程序版,支持苹果手机、安卓手机)
创办于2003年
UNSV记不住?那就记中文谐音“忧安思危”吧!
  Slow and Steady Wins the Race!
UNSV英语学习频道 - Slow and steady wins the race!
公众微信服务号
英语全能特训(微信公众服务号)
UNSV英语学习频道淘宝网店
客服短信:18913948480
客服邮箱:web@unsv.com
初级VIP会员
全站英语学习资料下载。
¥98元/12个月

ECONOMICS REPORT - Housing Market Slows in U.S.

阅读次数:


VIP会员专享下载:(非VIP会员无权下载!如果想下载,但还不是VIP会员,请点此订购
下载方式:使用鼠标右键(注意是鼠标右键!)点击下面的MP3音频/MP4视频链接,然后选择“另存为…”。
MP3节目录音 MP3节目录音  PDF节目文稿 PDF节目文稿 
文章正文
同步字幕

This is the VOA Special English Economics Report.

On Wednesday, the United States Federal Reserve chose to keep its target interest rate unchanged at five-point-two-five percent. The Federal Open Market Committee said a main reason for its decision was the slowing housing market.

A home being built in Pennsylvania
A home being built in Pennsylvania

The housing industry is one of the most important parts of the United States economy. Economists consider it an important sign of the country's economic health.

The number of new building permits for new private housing is one of the Leading Economic Indicators. The Conference Board, a major business group, publishes this measure to estimate the future direction of the economy.

The government says about one million seven hundred thousand building permits were given out in August. This is a two percent drop from July. But, it is a twenty-two percent drop from August of last year.

The National Association of Home Builders represents the home building industry. It estimates that the total number of new houses built will decrease by about twelve percent this year and next year.

As fewer new homes are being built, existing homes are going unsold for longer periods of time. The government reports that the number of existing homes remaining on the market has increased by almost forty percent in the last twelve months. At the same time, home ownership remains high at almost sixty-nine percent of American families.

The large supply of houses on the market has helped keep interest rates for home loans below six and one half percent. And average prices for new and existing homes have even dropped a little.

Home building is closely linked to many other parts of the economy. Home building affects labor, manufacturing and the financial industries.

Businesses providing building materials are an example. Huge stores like Home Depot and Lowes depend on homebuilders and homeowners to buy tools, supplies and other goods. Ownership shares in these companies have dropped in value by more than ten percent this year.

Most experts expect declining home sales to slow the economy in the near future. They estimate economic growth in the second half of the year to be between two and three percent.

And that's the VOA Special English Economics Report. Transcripts and archives are at www.unsv.com. I'm Mario Ritter.

网友的学习评论(0条):
版权所有©2003-2019 南京通享科技有限公司,保留所有权利。未经书面许可,严禁转载本站内容,违者追究法律责任。 互联网经营ICP证:苏B2-20120186
网站备案:苏公网安备 32010202011039号苏ICP备05000269号-1中国工业和信息化部网站备案查询
广播台