Economic Updates
Thursday, August 06
Last Week in the News On Monday, July 27, the Commerce Department reported new home sales jumped 11% in June to a seasonally adjusted annual rate of 384,000 from an upwardly revised rate of 346,000 in May. It was the largest monthly increase in more than 8 years. Economists had expected a sal...
Economic Updates
Monday, July 27
Last Week in the News On Monday, July 20, the Conference Board reported that its index of leading economic indicators rose 0.7% in June after a revised 1.3% gain in May. It was the third straight monthly increase and an indication the recession might be nearing an end. Economists had expected ...
Economic Updates
Tuesday, July 21
Last Week in the News------------------------------------------------------------------------On Tuesday, July 14, the Labor Department reported that the producer price index, which tracks wholesale prices, rose 1.8% in June, following a 0.2% increase in May. The increase was double what economis...
Economic Updates
Wednesday, July 15
Last Week in the News--------------------------------------------------------------------------On Monday, July 6, the Institute for Supply Management reported the monthly index of non-manufacturing activity rose in June to 47 from 44 in May. Economists had expected a reading of 45.5. Figures belo...
Economic Updates
Wednesday, July 08
Last Week in the News On Tuesday, June 30, the Conference Board reported that its consumer confidence index fell to 49.3 in June from a slightly revised 54.8 in May. Economists had expected an increase to 55. The index was benchmarked at 100 in 1985, a year chosen because it was neither a peak...
Economic Updates
Monday, June 29
Last Week in the News-------------------------------------------------------------------------------- The National Association of Realtors said existing home sales rose 2.4% in May to a seasonally adjusted annual rate of 4.77 million units from a revised level of 4.66 million units in April. May...