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durablegoods-082516.jpg After reporting a steep drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Thursday showing that durable goods orders rebounded by more than expected in the month of July. The Commerce Department said durable goods orders surged up by 4.4 percent.

Joblessclaims-082516.jpg First-time claims for U.S. unemployment benefits unexpectedly saw another modest decrease in the week ended August 20th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged down to 261,000.

After reporting a steep drop in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Thursday showing that durable goods orders rebounded by more than expected in the month of July.

First-time claims for U.S. unemployment benefits unexpectedly saw another modest decrease in the week ended August 20th, according to a report released by the Labor Department on Thursday.

ExistingHomeSales-082416.jpg Existing home sales in the U.S. tumbled by much more than anticipated in the month of July, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales slumped 3.2 percent to an annual rate of 5.39 million in July.

Newhomesales-082316.jpg New home sales in the U.S. unexpectedly saw a substantial increase in the month of July, according to a report released by the Commerce Department on Tuesday. The report said new home sales jumped 12.4 percent to an annual rate of 654,000 in July from the revised June rate of 582,000.

leadingindex-081816.jpg Suggesting moderate economic growth should continue through the end of 2016, the Conference Board released a report on Thursday showing that its index of leading U.S. economic indicators rose for the second consecutive month in July.

philadelphiafed-081816.jpg Philadelphia-area manufacturing activity has seen tenuous growth in the month of August, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity climbed to a positive 2.0 in August from a negative 2.9 in July.

joblessclaims-081816.jpg After reporting a slight drop in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing another modest decrease in initial jobless claims in the week ended August 13th.

Philadelphia-area manufacturing activity has seen tenuous growth in the month of August, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.

After reporting a slight drop in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing another modest decrease in initial jobless claims in the week ended August 13th.

Federal Reserve officials remain divided on whether to raise interest rates, the minutes of the most recent Federal Reserve meeting showed Wednesday. Two officials pushed for a rate hike but others remained concerned about the near-term economic risks. Although officials were relieved that the...

Oil and gasoline inventories fell last week, new government data showed Wednesday. However, inventories remain relatively high by historical standards. For the week ended August 12, U.S. crude oil inventories dropped 2.5 million barrels compared to the previous week. This according to data released...

Output at the nation's mines, utilities and factories rose more than expected in July, according new government data released Tuesday. A strong showing from each of the major industries contributed to the overall gain. A report from the U.S. Federal Reserve showed that industrial production rose by 0.7 percent in July.

U.S. housing starts rose to a 5-month high in July amid exceedingly low interest rates, the Commerce Department said Tuesday. Housing starts last month rose 2.1 percent from June to an annual rate of 1.211 million. However, that's significantly slower than the 5.1 percent pace of improvement seen...

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