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A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by slightly less than initially estimated in the month of July. The report said the consumer sentiment index for July was upwardly revised to 93.4 from the preliminary reading of 93.1.
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Pending home sales rebounded by more than expected in the month of June, according to a report released by the National Association of Realtors on Monday.
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Growth in Chicago-area business activity slowed by more than anticipated in the month of July, MNI Indicators revealed in a report released on Monday.
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Construction spending in the U.S. unexpectedly decreased in the month of June, the Commerce Department revealed in a report on Tuesday.
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New orders for U.S. manufactured goods saw a substantial increase in the month of June, the Commerce Department revealed in a report on Thursday. The Commerce Department said factory orders jumped by 3.0 percent in June after dipping by a revised 0.3 percent in May.
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Activity in the U.S. service sector grew at a notably slower rate in the month of July, according to a report released by the Institute for Supply Management on Thursday. The ISM said its non-manufacturing index dropped to 53.9 in July from 57.4 in June.
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Reflecting an increase in exports and a decrease in imports, the Commerce Department released a report on Friday showing that the U.S. trade deficit narrowed by more than expected in the month of June. The report said the trade deficit narrowed to $43.6 billion in June from $46.4 billion in May.
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Reflecting a drop in prices for services, the Labor Department released a report on Thursday showing an unexpected decrease in U.S. producer prices in the month of July. The Labor Department said its producer price index for final demand edged down by 0.1 percent.
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First-time claims for U.S. unemployment benefits unexpectedly edged higher in the week ended August 5th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims crept up to 244,000.
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With consumer expectations showing a significant rebound, the University of Michigan released a report on Friday showing a much bigger than expected improvement in U.S. consumer sentiment in the month of August. The report said the preliminary reading on the consumer sentiment index for August jumped to 97.6.
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