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The Federal Reserve on Wednesday hinted that a rate hike is "likely" despite mounting concerns about low inflation. Low inflation might also be a result of "developments that could prove more persistent," according to the minutes of the Fed's most recent meeting on Oct 31-Nov 1. At that meeting,...

Consumer-Shopping-112217.jpg Consumer sentiment in the U.S. pulled back by less than initially estimated in the month of November, according to a report released by the University of Michigan on Wednesday. The report said the consumer sentiment index for November was upwardly revised to 98.5 from the preliminary estimate of 97.8.

Durablegoodsorders-US-112217.jpg Reflecting a sharp pullback in orders for transportation equipment, the Commerce Department released a report on Wednesday showing an unexpected drop in new orders for U.S. manufactured durable goods in the month of October. The Commerce Department said durable goods orders tumbled by 1.2 percent.

Joblessclaims-US-112217.jpg After reporting an unexpected increase in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Wednesday showing a pullback in initial jobless claims in the week ended November 18th.

Reflecting a sharp pullback in orders for transportation equipment, the Commerce Department released a report on Wednesday showing an unexpected drop in new orders for U.S. manufactured durable goods in the month of October.

After reporting an unexpected increase in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Wednesday showing a pullback in initial jobless claims in the week ended November 18th.

Existinghomesales-US-112117.jpg Existing home sales in the U.S. jumped by much more than anticipated in the month of October, according to a report released by the National Association of Realtors on Tuesday. The report said existing home sales surged up by 2.0 percent to an annual rate of 5.48 million in October.

Overall economic growth continues to be disconnected from employment growth, and economic instability threatens to reverse observed gains in youth employment, the International Labour Organization said Monday. The global youth unemployment rate stabilized at 13 percent in 2016 but it is expected...

LeadingIndicatorIndex-112017.jpg With the impact of recent hurricanes dissipating, the Conference Board released a report on Monday showing a much bigger than expected jump by its index of leading U.S. economic indicators in the month of October. The Conference Board said its leading economic index surged up by 1.2 percent.

HousingStarts-111717.jpg New residential construction in the U.S. jumped by much more than expected in the month of October, according to a report released by the Commerce Department on Friday. The report said housing starts spiked by 13.7 percent to an annual rate of 1.290 million in October from a revised 1.135 million...

New residential construction in the U.S. jumped by much more than expected in the month of October, according to a report released by the Commerce Department on Friday. The report said housing starts spiked by 13.7 percent to an annual rate of 1.290 million in October from a revised 1.135 million...

NAHB-Housing-110617.jpg Homebuilder confidence in the U.S. unexpectedly improved in the month of November, according to a report released by the National Association of Home Builders on Thursday. The report said the NAHB/Wells Fargo Housing Market Index rose to 70 in November from 68 in October. Economists had expected the...

IndustrialProduction-US-111617.jpg Industrial production in the U.S. increased by more than anticipated in the month of October, the Federal Reserve revealed in a report released on Thursday. The report said industrial production climbed by 0.9 percent in October after rising by an upwardly revised 0.4 percent in September. Economists...

PhiladelphiafedIndex-111617.jpg Growth in Philadelphia-area manufacturing activity slowed by more than expected in the month of November, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current manufacturing activity in the region dropped to 22.7...

ImportExport-US-111617.jpg A report released by the Labor Department on Thursday showed U.S. import prices rose by less than expected in the month of October. The Labor Department said import prices rose by 0.2 percent in October after climbing by 0.8 percent in September. Economists had expected import prices to increase by...

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