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Suggesting gradually strengthening economic conditions, the Conference Board released a report on Thursday showing that its index of leading U.S. economic indicators rose by slightly more than expected in the month of November. The Conference Board said its leading economic index rose by 0.8 percent in November after edging up by 0.1 percent in October and jumping by 1.0 percent in September.

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With consumer spending and non-residential fixed investment rising more than estimated just two weeks ago, the Commerce Department released a report on Friday showing an unexpected upward revision to the pace of U.S. economic growth in the third quarter of 2013.

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While the Commerce Department released a report on Monday showing that U.S. personal income rose by less than expected in the month of November, the report still showed that personal spending increased in line with estimates.

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While the Commerce Department released a report on Tuesday showing a drop in new home sales in the U.S. in the month of November, sales still came in above economist estimates due to an upward revision to the October data. The report said new home sales fell 2.1 percent to a seasonally adjusted annual rate of 464,000 in November from the revised October rate of 474,000.

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Pending home sale in the U.S. showed a slight increase in the month of November, according to a report released by the National Association of Realtors on Monday, although the modest uptick fell well short of economist estimates.

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Chicago-area business activity saw a bigger than expected slowdown in the pace of growth in the month of December, according to a report released by MNI Indicators on Tuesday. The report showed that the Chicago business barometer dropped to 59.1 in December from 63.0 in November. A reading above 50 indicates an increase in activity.

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First-time claims for U.S. unemployment benefits showed a modest decrease in the week ended December 28th, according to a report released by the Labor Department on Thursday, with claims falling in line with economist estimates. The report said initial jobless claims dipped to 339,000, a decrease of 2,000 from the previous week's revised figure of 341,000.

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With an increase in spending on private construction more than offsetting a drop in spending on public construction, the Commerce Department released a report on Thursday showing that U.S. construction spending rose in line with economist estimates in the month of November.

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With orders for transportation equipment showing a notable rebound, the Commerce Department released a report on Monday showing that new orders for U.S. manufactured goods rose by slightly more than expected in the month of November. The report said factory orders increased by 1.8 percent in November following a revised 0.5 percent decrease in October.

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With the value of exports rising and the value of imports falling, the Commerce Department released a report on Tuesday showing that the U.S. trade deficit narrowed by much more than anticipated in the month of November. The report showed that the trade deficit narrowed to $34.3 billion in November from a revised $39.3 billion in October.

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