logo

US Economic News

Share SHARE

consconf-052615.jpg Consumer confidence in the U.S. improved modestly in May after declining sharply in April, the Conference Board revealed in a report released on Tuesday. The Conference Board said its consumer confidence index rose to 95.4 in May from a downwardly revised 94.3 in April.

NewHomeSales-052615.jpg Following the pullback seen in the previous month, the Commerce Department released a report on Tuesday showing that U.S. new home sales rebounded by more than expected in the month of April.

Consumer confidence in the U.S. improved modestly in May after declining sharply in April, the Conference Board revealed in a report released on Tuesday.

Following the pullback seen in the previous month, the Commerce Department released a report on Tuesday showing that U.S. new home sales rebounded by more than expected in the month of April.

homesales-030411_26May15.jpg Home prices in major U.S. metropolitan areas continued to show notable annual growth in the month of March, according to a report released by Standard & Poor's on Tuesday.

DurableGoods-052615.jpg Largely reflecting a pullback in orders for transportation equipment, the Commerce Department released a report on Tuesday showing a modest decrease in new orders for U.S. manufactured durable goods in the month of April.

Largely reflecting a pullback in orders for transportation equipment, the Commerce Department released a report on Tuesday showing a modest decrease in new orders for U.S. manufactured durable goods in the month of April.

The combined real gross domestic product of the 34-member countries of the Organization for Economic Cooperation and Development grew at a slower pace in the first quarter, a quarterly report from the OECD showed Tuesday. Real gross domestic product advanced 0.3 percent in the first quarter, slower...

The Federal Reserve will likely raise interest rates this year, as long as economic activity picks up, Federal Reserve Chairwoman Janet Yellen said Friday. From there, the pace of future hikes will be gradual, she added. In a speech to the Chamber of Commerce in Providence, R.I., Yellen said transitory...

CPI-052215.jpg Consumer prices in the U.S. rose in line with economist estimates in the month of April, according to a report released by the Labor Department on Friday, although the report also showed a bigger than expected increase in core prices.

Capital Economics expects global growth to pick up in the second quarter after a soft patch at the beginning of the year, with the expectations attributed to the results of the preliminary purchasing managers' surveys for May. "We still think activity will rebound strongly in the U.S., but we expect...

The eurozone will survive the current Greek crisis thanks in large part to bold measures taken by the European Central Bank, said Federal Reserve Vice Chair Stanley Fischer on Thursday. However, in the longer term, "the European monetary union will not survive unless it brings prosperity to its members,'...

philadelphiafed-052115.jpg Firms responding to the Federal Reserve Bank of Philadelphia's Manufacturing Business Outlook Survey revealed that regional manufacturing activity has unexpectedly increased at a slower rate in May.

LeadingIndicatorIndex-052115.jpg Suggesting the paltry economic growth in the first quarter may be temporary, the Conference Board released a report on Thursday showing that its index of leading U.S. economic indicators rose by much more than anticipated in April.

ExistingHomeSales-052115.jpg With lagging supply relative to demand putting upward pressure on home prices, the National Association of Realtors released a report on Thursday showing an unexpected decrease in existing home sales in the U.S. in the month of April.

Follow RTT