logo

US Economic News

Share SHARE

Consumer-082815.jpg Potentially reflecting the recent sell-off on Wall Street, the University of Michigan released a report on Friday showing a bigger than previously estimated drop in U.S. consumer sentiment in the month of August.

PersonalIncome-082815.jpg While the Commerce Department released a report on Friday showing that U.S. personal income increased in line with economist estimates in the month of July, the report also showed that personal spending rose by slightly less than expected.

Personal income in the U.S. increased in line with economist estimates in the month of July, the Commerce Department revealed in a report on Friday.

pendinghmesales-082715.jpg While the National Association of Realtors released a report on Thursday showing pending home sales in the U.S. rose for the sixth time in seven months in July, the pace of growth fell short of economist estimates.

GDP-082715.jpg Economic activity in the U.S. increased by much more than previously estimated in the second quarter of 2015, the Commerce Department revealed in a report on Thursday. The Commerce Department said real gross domestic product increased by 3.7 percent in the second quarter.

JoblessClaims-082715.jpg First-time claims for U.S. unemployment benefits decreased modestly in the week ended August 22nd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged down to 271,000, a decrease of 6,000 from the previous week.

Economic activity in the U.S. increased by much more than previously estimated in the second quarter, the Commerce Department revealed in a report on Thursday.

First-time claims for U.S. unemployment benefits decreased modestly in the week ended August 22nd, according to a report released by the Labor Department on Thursday.

The Federal Reserve may delay hiking interest rates until at least December. The case for a rate hike in September is "less compelling" given problems with the global economy and plunging stocks, said William Dudley, the president of the New York Fed, on Wednesday. "From my perspective, at this...

DurableGoodsOrders-082615.jpg New orders for U.S. manufactured durable goods unexpectedly saw a notable increase in the month of July, according to a report released by the Commerce Department on Wednesday. The Commerce Department said durable goods orders climbed by 2.0 percent in July.

New orders for U.S. manufactured durable goods unexpectedly saw a notable increase in the month of July, according to a report released by the Commerce Department on Wednesday.

The combined real gross domestic product of the member countries of the Organization for Economic Cooperation and Development grew at a slightly slower pace in the second quarter, data showed Wednesday. Real GDP expanded 0.4 percent sequentially, which was slightly slower than the 0.5 percent growth...

ConsumerConfidence-082515.jpg Consumer confidence in the U.S. has seen a substantial improvement in the month of August, according to a report released by the Conference Board on Tuesday, with the consumer confidence index rebounding from the drop seen last month.

NewHomeSales-082515.jpg After reporting a sharp drop in U.S. new home sales in the previous month, the Commerce Department released a report on Tuesday showing a notable rebound in sales in the month of July. The report said new home sales jumped to an annual rate of 507,000 in July, 5.4 percent above the revised June rate of 481,000.

An International Monetary Fund mission concluded the review of Jamaica's IMF-supported program under the Extended Fund Facility. The mission reached a preliminary agreement with Jamaica, the approval of which by the Executive Board would release about $40 million to the economy. IMF Mission Chief...

Follow RTT