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U.S. New Home Sales Tumble 5.5% In September
Attachment 33187
Data released by the Commerce Department Wednesday morning showed new home sales in the U.S. fell sharply in the month of September. The report said new home sales plunged by 5.5 percent to an annual rate of 553,000 in September from the revised August rate of 585,000.
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1 Attachment(s)
U.S. Consumer Confidence Index Rises To 18-Year High In October
Attachment 33289
A report released by the Conference Board on Tuesday showed a continued increase in U.S. consumer confidence in the month of October. The Conference Board said its consumer confidence index rose to 137.9 in October from a downwardly revised 135.3 in September.
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Fed Leaves Rates Unchanged
After raising rates by a quarter point at its previous meeting, the Federal Reserve announced its widely anticipated decision to leave interest rates unchanged following a two-day meeting ending on Thursday. The Fed decided to maintain the target range for the federal funds rate at 2 to 2.25 percent.
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1 Attachment(s)
U.S. Consumer Prices Rise 0.3% In October, In Line With Estimates
Attachment 33422
Partly reflecting a jump in energy prices, the Labor Department released a report on Wednesday showing consumer prices in the U.S. increased in line with economist estimates in the month of October. The Labor Department said its consumer price index rose by 0.3 percent.
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U.S. Consumer Confidence Pulls Back More Than Expected
Reflecting a pullback in expectations, the Conference Board released a report on Tuesday showing a bigger than expected decrease in U.S. consumer confidence in the month of November. The Conference Board said its consumer confidence index dropped to 135.7 in November after rising to 137.9 in October.
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U.S. Economic Growth Unrevised At 3.5%
Economic growth in the U.S. was unrevised in the third quarter, according to the second reading released by the Commerce Department on Wednesday. The report said real gross domestic product jumped by 3.5 percent in the third quarter, unrevised from the initial estimate and in line with economist estimates.
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1 Attachment(s)
U.S. New Home Sales Plunge To Lowest Level
Attachment 33561
New home sales in the U.S. showed a substantial decrease from an upwardly revised level in the month of October, according to a report released by the Commerce Department on Wednesday. The Commerce Department said new home sales plummeted by 8.9 percent to an annual rate of 533,000 in October.
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1 Attachment(s)
Fed's Beige Book Indicates Modest-To-Moderate Economic Expansion
Attachment 33656
Most of the twelve Federal Reserve districts reported that their economies expanded at a modest or moderate pace from mid-October through late November, according to the Fed's Beige Book released on Wednesday.
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1 Attachment(s)
U.S. Consumer Prices Unchanged
Attachment 33769
With a sharp pullback in gasoline prices offsetting increases in other prices, the Labor Department released a report on Wednesday showing consumer prices came in flat in the month of November. The report said the Labor Department's consumer price index was unchanged in November after rising by 0.3 percent in October.
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1 Attachment(s)
U.S. Housing Starts Jump 3.2% In November
Attachment 33825
With a spike in new construction of multi-family homes more than offsetting a continued decrease in new construction of single-family homes, the Commerce Department released a report on Tuesday showing a substantial increase in U.S. housing starts in the month of November.
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