Consumer sentiment in the U.S. improved slightly more than initially estimated in the month of October, according to revised data released by the University of Michigan on Friday. The report showed the consumer sentiment index for October was upwardly revised to 81.8 from the preliminary reading of 81.2. Economists had expected the reading to be unrevised.
Chicago-area business activity saw continued growth in the month of October, according to a report released by MNI Indicators on Friday, although the pace of growth slowed modestly. MNI Indicators said its Chicago business barometer edged down to 61.1 in October after spiking to 62.4 in September. Economists had expected the index to dip to 58.0.
After reporting a sharp decrease in U.S. personal income in the previous month, the Commerce Department released a report on Friday showing personal income rebounded by more than anticipated in the month of September. The report said personal income climbed by 0.9 percent in September after tumbling by a revised 2.5 percent in August.
After reporting a sharp decrease in U.S. personal income in the previous month, the Commerce Department released a report on Friday showing personal income rebounded by more than anticipated in the month of September.
Pending home sales unexpectedly pulled back off a record high in the month of September, according to a report released by the National Association of Realtors on Thursday. NAR said its pending home sales index slumped by 2.2 percent to 130.0 in September after spiking by 8.8 percent to 132.9 in August.
After reporting a record contraction in U.S. economic activity in the previous quarter, the Commerce Department released a report on Thursday showing the economy rebounded by more than expected in the third quarter.
First-time claims for U.S. unemployment benefits fell to their lowest level since before the coronavirus-induced lockdowns in the week ended October 24th, according to a report released by the Labor Department on Thursday.
After reporting a record contraction in U.S. economic activity in the previous quarter, the Commerce Department released a report on Thursday showing the economy rebounded by more than expected in the third quarter.
First-time claims for U.S. unemployment benefits fell to their lowest level since before the coronavirus-induced lockdowns in the week ended October 24th, according to a report released by the Labor Department on Thursday.
After reporting a substantial improvement in U.S. consumer confidence in the previous month, the Conference Board released a report on Tuesday unexpectedly showing a slight drop in confidence in the month of October.
Partly reflecting a rebound in orders for transportation equipment, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured durable goods jumped by much more than expected in the month of September.
Partly reflecting a rebound in orders for transportation equipment, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured durable goods jumped by much more than expected in the month of September.
New home sales in the U.S. unexpectedly showed a sharp decrease in the month of September, according to a report released by the Commerce Department on Monday. The report said new home sales tumbled by 3.5 percent to an annual rate of 959,000 in September after jumping by 3 percent to a revised rate of 994,000 in August.
Suggesting the U.S. economy could be losing momentum heading into the final quarter of 2020, the Conference Board released a report on Thursday showing a slowdown in the pace of growth by its reading on leading economic indicators.
Reflecting record-low interest rates and an abundance of buyers, the National Association of Realtors released a report on Thursday showing a much bigger than expected spike in U.S. existing home sales in the month of September.