USD News

Partly reflecting a notable decrease in auto sales, the Commerce Department released a report on Friday showing a modest drop in U.S. retail sales in the month of March. The Commerce Department said retail sales dipped by 0.2 percent in March after a revised 0.3 percent decline in February.

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After reporting U.S. homebuilder confidence at a nearly twelve-year high in the previous month, the National Association of Home Builders released a report on Monday showing a pullback in confidence in the month of April.

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While a report released by the Federal Reserve Bank of New York on Monday showed continued growth in the New York manufacturing sector in the month of April, the pace of growth slowed by much more than anticipated. The New York Fed said its general business conditions index tumbled to 5.2 in April.

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Pointing to continued economic growth this year, the Conference Board released a report on Thursday showing a bigger than expected increase by its index of leading U.S. economic indicators in the month of March. The Conference Board said its leading economic index rose by 0.4 percent.

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After reporting a bigger than expected drop in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Friday showing that existing home sales rebounded to their highest level in ten years in March.

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After reporting notable increases in U.S. consumer confidence over the two previous months, the Conference Board released a report on Tuesday showing that consumer confidence pulled back by more than expected in the month of April.

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After reporting a sharp increase in U.S. pending home sales in the previous month, the National Association of Realtors released a report on Thursday showing a pullback in pending sales in the month of March. NAR said its pending home sales index fell by 0.8 percent to 111.4 in March.

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After initially reporting an improvement in U.S. consumer sentiment in the month of April, the University of Michigan released revised data on Friday showing that sentiment was nearly flat. The report said the consumer sentiment index for April was downwardly revised to 97.0 from the preliminary reading of 98.0.

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A report released by MNI Indicators on Friday showed an unexpected acceleration in the pace of growth in Chicago-area business activity in the month of April. MNI Indicators said its Chicago business barometer rose to 58.3 in April from 57.7 in March, with a reading above 50 indicating growth.

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Construction spending in the U.S. unexpectedly decreased in the month of March, according to a report released by the Commerce Department on Monday.

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