While the Commerce Department released a report on Thursday showing a continued increase in U.S. personal spending in the month of March, the report also said personal income was unexpectedly flat.
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While the Commerce Department released a report on Thursday showing a continued increase in U.S. personal spending in the month of March, the report also said personal income was unexpectedly flat.
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Economic activity in the U.S. service sector unexpectedly grew at a faster pace in the month of April, according to a report released by the Institute for Supply Management on Tuesday. The ISM said its non-manufacturing index rose to 57.8 in April from 56.5 in March.
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After reporting a notable pullback in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing a slight rebound in initial jobless claims in the week ended May 2nd.
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Partly reflecting a rebound in revolving credit, the Federal Reserve released a report on Thursday showing that U.S. consumer credit increased by more than expected in March.
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With falling non-fuel prices more than offsetting higher fuel prices, the Labor Department released a report on Wednesday showing an unexpected decrease in U.S. import prices in the month of April.
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Consumer confidence in the U.S. improved modestly in May after declining sharply in April, the Conference Board revealed in a report released on Tuesday. The Conference Board said its consumer confidence index rose to 95.4 in May from a downwardly revised 94.3 in April.
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Following the pullback seen in the previous month, the Commerce Department released a report on Tuesday showing that U.S. new home sales rebounded by more than expected in the month of April.
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Pending home sales in the U.S. increased by much more than expected in the month of April, according to a report released by the National Association of Realtors on Thursday, with pending sales jumping to their highest level in nearly nine years.
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Consumer sentiment in the U.S. deteriorated less than previously estimated in the month of May, according to a report released by the University of Michigan on Friday.
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Reflecting notable increases in spending on both private and public construction, the Commerce Department released a report on Monday showing that U.S. construction spending jumped much more than expected to a six-year high in April.
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