Consumer Spending Declines in April
Consumer spending fell in April after the biggest surge in almost five years as incomes slowed, a sign the largest part of the U.S. economy will take time to accelerate.
May 30, 2014Pending Sales of Existing Homes Increased 0.4% in April
Contracts to purchase previously owned homes rose in April for the second straight month, a sign the residential real estate market is stabilizing after a weak start to the year.
May 29, 2014Jobless Claims Decreased 27,000 Last Week to 300,000
Jobless claims fell by 27,000 to 300,000 in the week ended May 24, the Labor Department reported.
May 29, 2014Durable Goods Orders Increase in April
Bookings for goods meant to last at least three years rose 0.8% after a 3.6% gain in the prior month that was stronger than previously reported, according to the Commerce Department.
May 27, 2014Home Prices in 20 US Cities Increase at Slower Pace in March
Home prices in 20 U.S. cities rose at a slower pace in the year ended in March as the housing market began to weaken at the start of 2014.
May 27, 2014Consumer Confidence Index Rises to 83 in May
The Conference Board’s index of U.S. consumer confidence increased to 83 in May from 81.7 a month earlier, the New York-based private research group said today.
May 27, 2014Sales of New Homes Increased 6.4% in April to 433,000 Pace
Sales of new homes rose 6.4% in April to a 433,000 annualized pace from a revised 407,000 in March that was larger than initially estimated, the Commerce Department reported.
May 23, 2014Sales of Existing Homes Rise for First Time in Four Months
Sales of previously owned homes rose in April for the first time in four months as the weather warmed, price increases slowed and more properties were put on the market.
May 22, 2014Gain in US Leading Index Points to Q2 Rebound
The index of U.S. leading indicators rose in April for the fourth straight month, showing the economy will strengthen after a slowdown earlier this year.
May 22, 2014Jobless Claims Rise by 28,000 for Week
Jobless claims increased by 28,000 to 326,000 in the week ended May 17, after 298,000 filings a week earlier that were higher than initially reported, according to the Labor Department.
May 22, 2014