U.S. economic growth was revised higher for the April-to-June period. Expansion was boosted by higher consumer spending and increased business investment.
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This is a discussion on USD News within the Analytics and News forums, part of the Trading Forum category; U.S. economic growth was revised higher for the April-to-June period. Expansion was boosted by higher consumer spending and increased business ...
A measure of strength in the housing market unexpectedly declined for August, raising concerns that home sales figures might be poised for a decline in the near future.
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Consumer spending rose a little more than economists had predicted last month, according to new government statistics released Monday. This came despite a slower-than-expected expansion in income.
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Reflecting a more positive assessment of current conditions, the Conference Board released a report on Tuesday showing an unexpected improvement in U.S. consumer confidence in the month of September. The Conference Board said its consumer confidence index climbed to 103.0 in September.
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Home prices in major U.S. metropolitan areas unexpectedly decreased in the month of July, according to a report released by Standard & Poor's on Tuesday. The report said the S&P/Case-Shiller 20-City Composite Home Price Index edged down by a seasonally adjusted 0.2 percent in July.
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With production growth collapsing and new orders falling sharply, MNI Indicators released a report on Wednesday showing an unexpected contraction in Chicago-area business activity in the month of September.
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Reflecting strong job growth at large businesses, payroll processor ADP released a report on Wednesday showing stronger than expected private sector job growth in the month of September. The report said private sector employment jumped by 200,000 jobs during the month.
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Partly reflecting concerns about the global economy and customer confidence, the Institute for Supply Management released a report on Thursday showing that its reading on activity in the U.S. manufacturing sector fell to a two-year low in September.
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Construction spending in the U.S. increased by slightly more than expected in the month of August, according to a report released by the Commerce Department on Thursday.
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New orders for U.S. manufactured goods fell by more than expected in the month of August, the Commerce Department revealed in a report released on Friday.
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