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Liebherr 2020 Sales Down 12%

Construction Equipment

billion in 2020, down 12 percent from the approximately $14.2 Net income for the year was about $501 million, down from about $726 million in 2019. Family-owned Liebherr Group posted sales of approximately $12.5 billion it recorded in 2019. Net profit was about $8.4 million, down from about $517…

Income 118
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Americans’ Personal Income, Savings Increase Double-Digits

Pro Builder

Americans’ Personal Income, Savings Increase Double-Digits. Coronavirus stimulus payments helped to heighten Americans’ personal income by 10% in January, according to data from the Bureau of Economic Analysis. in December 2020 and inched up 0.7% increase in December 2020, marking the largest monthly gains since May 2020.

Income 52
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Deere 2020 Sales Down 15%

Construction Equipment

Fiscal 2020 sales and revenue for Deere & Co. Net income was down 15 percent for the year: $2.8 were 9 percent below 2019 figures, registering $35.5 billion compared to $39.3 billion last year. billion versus $3.3 John Deere delivered another quarter of strong performance and a solid…

Income 107
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Housing Affordability, Median Incomes Took a Hit in April

Pro Builder

Housing Affordability, Median Incomes Took a Hit in April. As monthly mortgage payments increased double digits in April from March, median family income declined. The National Association of Realtors (NAR) found median family incomes dropped 1% from March to April this year as monthly mortgage payments went up 16.1%.

Income 66
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As Housing Costs Outpace Income Growth, the Typical U.S. Renter Is Now Rent-Burdened

Pro Builder

As Housing Costs Outpace Income Growth, the Typical U.S. income is required to pay the average rent, a threshold that now puts renter households in a precarious position as rising inflation also limits affordability for everyday goods. percent in 2020. percent in 2020. percent of their income on the average rent.

Income 52
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High-Income Millennials Are Flocking to the Rental Market

Pro Builder

High-Income Millennials Are Flocking to the Rental Market. The share of higher-income Millennials who are renting instead of buying a home is at its highest level in five years, according to RentCafe. As many as 39% of rental applicants in 2021 had individual incomes over $50,000 compared to 32% five years prior.

Income 52
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Home Prices Outpace Income, Dropping Housing Affordability Rates

Pro Builder

Home Prices Outpace Income, Dropping Housing Affordability Rates. Monthly mortgage payments increased by 20% in May as family incomes increased by a comparatively meager 1.2%, according to the National Association of Realtors’ Housing Affordability Index. compared to May 2020. compared to May 2020. cbroderick.

Income 52