New York manufacturing activity contracted for the fifth consecutive month in December, according to a report released by the Federal Reserve Bank of New York on Tuesday, although the pace of decline slowed more than expected.
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New York manufacturing activity contracted for the fifth consecutive month in December, according to a report released by the Federal Reserve Bank of New York on Tuesday, although the pace of decline slowed more than expected.
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Industrial production in the U.S. fell by more than expected in the month of November, according to a report released by the Federal Reserve on Wednesday, with the decrease partly reflecting a steep drop in utilities output.
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After reporting a steep drop in new residential construction in the previous month, the Commerce Department released a report on Wednesday showing that U.S. housing starts rebounded by more than expected in the month of November. The report said housing starts jumped 10.5 percent to an annual rate of 1.173 million.
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With building permits, the interest rate spread, and stock prices driving the improvement, the Conference Board released a report on Thursday showing its leading U.S. economic indicators index rose by more than expected in November.
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After reporting a slight improvement in regional manufacturing conditions in the previous month, the Federal Reserve Bank of Philadelphia released a report on Thursday showing that regional manufacturing activity unexpectedly contracted in December.
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Existing home sales in the U.S. fell by much more than anticipated in the month of November, according to a report released by the National Association of Realtors on Tuesday, with sales plunging to their lowest level in well over a year.
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Consumer sentiment in the U.S. improved by more than initially estimated in the month of December, the University of Michigan revealed a report on Wednesday. The report said the final reading on the consumer sentiment index for December came in at 92.6.
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New home sales in the U.S. increased for the second consecutive month in November, according to a report released by the Commerce Department on Wednesday. The Commerce Department said new home sales climbed 4.3 percent to an annual rate of 490,000 in November.
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First-time claims for U.S. unemployment benefits fell by more than expected in the week ended December 19th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 267,000, a decrease of 5,000 from the previous week's revised level.
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Construction spending in the U.S. unexpectedly decreased in the month of November, according to a report released by the Commerce Department on Monday. The report said construction spending fell 0.4 percent to an annual rate of $1.123 trillion in November.
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