The Conference Board released a report on Thursday showing its reading on leading U.S. economic indicators came in unchanged in the month of August.
Citing falling mortgage rates, the National Association of Realtors released a report on Thursday showing an unexpected jump in U.S. existing home sales in the month of August. NAR said existing home sales surged up by 1.3 percent to an annual rate of 5.49 million in August after spiking by 2.5 percent to a rate of 5.42 million in July.
A report released by the Federal Reserve Bank of Philadelphia on Thursday showed a modest slowdown in the pace of growth in regional manufacturing activity in the month of September. The Philly Fed said its diffusion index for current general activity fell to 12.0 in September from 16.8 in August, although a positive reading still indicates growth in regional manufacturing activity.
After reporting a much bigger than expected drop in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing a modest rebound in initial jobless claims in the week ended September 14th. The report said initial jobless claims inched up to 208,000, an increase of 2,000 from the previous week's revised level of 206,000.
A report released by the Federal Reserve Bank of Philadelphia on Thursday showed a modest slowdown in the pace of growth in regional manufacturing activity in the month of September.
After reporting a much bigger than expected drop in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing a modest rebound in initial jobless claims in the week ended September 14th.
After lowering interest rates for the first time in over a decade in late July, the Federal Reserve announced another interest rate cut following a two-day monetary policy meeting that ended on Wednesday. The Fed revealed its widely expected decision to cut rates by another 25 basis points, lowering the target range for the federal funds rate to 1-3/4 to 2 percent.
New residential construction in the U.S. showed a substantial rebound in the month of August, according to a report released by the Commerce Department on Wednesday. The report said housing starts soared by 12.3 percent to an annual rate of 1.364 million in August after slumping by 1.5 percent to a revised rate of 1.215 million in July.
New residential construction in the U.S. showed a substantial rebound in the month of August, according to a report released by the Commerce Department on Wednesday.
Reflecting low interest rates and solid demand, the National Association of Home Builders released a report on Tuesday showing an unexpected improvement in U.S. homebuilder confidence in the month of September. The report said the NAHB/Wells Fargo Housing Market Index inched up to 68 in September from an upwardly revised August reading of 67.
After unexpectedly reporting a modest drop in U.S. industrial production in the previous month, the Federal Reserve released a report on Tuesday showing industrial production rebounded by much more than anticipated in the month of August. The report said industrial production climbed by 0.6 percent in August after edging down by a revised 0.1 percent in August.
New York-area manufacturing activity was little changed in the month of September, according to a report released by the Federal Reserve Bank of New York on Monday. The New York Fed said its general business conditions index dipped to 2.0 in September from 4.8 in August, although a positive reading still indicates an increase in regional manufacturing activity.
New York-area manufacturing activity was little changed in the month of September, according to a report released by the Federal Reserve Bank of New York on Monday.
A report released by the Commerce Department on Friday showed business inventories in the U.S. increased by more than expected in the month of July. The Commerce Department said business inventories climbed by 0.4 percent in July after coming in unchanged in June. Economists had expected inventories to rise by 0.3 percent.
After reporting a substantial deterioration in U.S. consumer sentiment in the previous month, the University of Michigan released preliminary data on Friday showing sentiment has rebounded by more than anticipated in the month of September. The report said the consumer sentiment index rose to 92.0 in September after plunging to a three-year low of 89.8 in August.