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philadelphiaFed-041714.jpg Growth in Philadelphia-area manufacturing activity has accelerated by much more than anticipated in the month of April, according to the results of the Federal Reserve Bank of Philadelphia's Business Outlook Survey released on Thursday. The Philly Fed said its diffusion index of current activity climbed to 16.6 in April from 9.0 in March, with a positive reading indicating growth.

Growth in Philadelphia-area manufacturing activity has accelerated by much more than anticipated in the month of April, according to the results of the Federal Reserve Bank of Philadelphia's Business Outlook Survey released on Thursday.

Jobless-Claims-041714.jpg After reporting initial jobless claims at their lowest level in almost seven years in the previous week, the Labor Department released a report on Thursday showing that claims rebounded slightly in the week ended April 12th. The Labor Department said initial jobless claims inched up to 304,000, an increase of 2,000 from the previous week's revised level of 302,000.

After reporting initial jobless claims at their lowest level in almost seven years in the previous week, the Labor Department released a report on Thursday showing that claims rebounded slightly in the week ended April 12th.

janetyellen-041614.jpg The Federal Reserve will keep its benchmark interest rates at exceptionally low levels for a considerable time, Fed Chair Janet Yellen said Wednesday. Yellen acknowledged that economic growth slowed over the winter, but suggested that a significant part of the weakness was due to unusually cold winter...

indusproduction-041614.jpg Industrial production in the U.S. rose by more than expected in the month of March, the Federal Reserve revealed in a report on Wednesday, with the report also showing a notable upward revision to the pace of production growth in the previous month. The report said industrial production increased by 0.7 percent in March after surging up by an upwardly revised 1.2 percent in February.

HousingStarts-041614.jpg Housing starts in the U.S. showed a notable increase in the month of March, according to a report released by the Commerce Department on Wednesday, although starts still came in well below economist estimates. The report showed that housing starts climbed 2.8 percent to an annual rate of 946,000 in March from the revised February estimate of 920,000.

Industrial production in the U.S. rose by more than expected in the month of March, the Federal Reserve revealed in a report on Wednesday, with the report also showing a notable upward revision to the pace of production growth in the previous month.

Housing starts in the U.S. showed a notable increase in the month of March, according to a report released by the Commerce Department on Wednesday, although starts still came in well below analyst estimates.

NAHBindex-041514.jpg Homebuilder confidence in the U.S. has seen a modest improvement in the month of April, according to a report released by the National Association of Home Builders on Tuesday. The report showed that the NAHB/Wells Fargo Housing Market Index edged up to 47 in April from a downwardly revised 46 in March.

Homebuilder confidence in the U.S. has seen a modest improvement in the month of April, according to a report released by the National Association of Home Builders on Tuesday.

EmpireStateSurvey-041514.jpg Business activity for New York manufacturers was roughly flat in the month of April, the Federal Reserve Bank of New York said in a report on Tuesday, with the index of regional manufacturing activity showing an unexpected decrease. The New York Fed said its general business conditions index dropped to 1.3 in April from 5.6 in March, although a positive reading indicates growth.

CPIChart-041514.jpg Consumer prices in the U.S. rose by slightly more than expected in the month of March, according to a report released by the Labor Department on Tuesday, with the growth largely reflecting higher prices for food and shelter. The Labor Department said its consumer price index rose by 0.2 percent in March after inching up by 0.1 percent in each of the two previous months.

Federal Reserve Chair Janet Yellen said additional capital may be required for large U.S. banks. A recent study by the Basel Committee on Banking Supervision "provides some support for the view that there might be room for stronger capital and liquidity standards for large banks than have been adopted...

Business activity for New York manufacturers was roughly flat in the month of April, the Federal Reserve Bank of New York said in a report on Tuesday, with the index of regional manufacturing activity showing an unexpected decrease.