Construction Spending Gains 0.2% in August
Sep 28, 10:24 AM EDT |
|
| Private construction spending was at a seasonally adjusted annual rate of $875.5 B, flat with the revised July estimate of $875.4 billion. |
|
| The U.S. Census Bureau of the Department of Commerce announced today that construction spending during August 2007 was estimated at a seasonally adjusted annual rate of $1,166.7 billion, 0.2% above the revised July estimate of $1,164.4 billion. The August figure is 1.7% below the August 2006 estimate of $1,186.3 billion. During the first 8 months of this year, construction spending amounted to $768.0 billion, 3.3% below the $794.0 billion for the same period in 2006. |
|
|
Full Story... |
Personal Income Rises 0.3% in August
Sep 28, 8:51 AM EDT |
|
| Personal current taxes increased $3.0 billion in August, compared with an increase of $1.2 billion in July. |
|
| Personal income increased $40.2 billion, or 0.3%, and disposable personal income increased $37.2 billion, or 0.4%, in August, according to the Bureau of Economic Analysis. Personal consumption expenditures increased $54.8 billion, or 0.6%. In July, personal income increased $61.5 billion, or 0.5%, DPI increased $60.3 billion, or 0.6%, and PCE increased $37.3 billion, or 0.4%, based on revised estimates. |
|
|
Full Story... |
New Home Sales Drop 8.3% in August
Sep 27, 10:16 AM EDT |
|
| The median sales price of new houses sold in August 2007 was $225,700; the average sales price was $292,000. |
|
| Sales of new one-family houses in August 2007 were at a seasonally adjusted annual rate of 795,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 8.3% below the revised July rate of 867,000 and is 21.2% below the August 2006 estimate of 1,009,000. |
|
|
Full Story... |
Jobless Claims Drop by 15,000
Sep 27, 9:02 AM EDT |
|
| The advance seasonally adjusted insured unemployment rate was 1.9% for the week ending Sept. 15, flat with the last week unrevised rate of 1.9%. |
|
| In the week ending Sept. 22, the advance figure for seasonally adjusted initial claims was 298,000, a decrease of 15,000 from the previous week''''s revised figure of 313,000. The 4-week moving average was 311,500, a decrease of 9,750 from the previous week''''s revised average of 321,250. |
|
|
Full Story... |
Gross Domestic Product Rises 3.8% in Q2 -Final
Sep 27, 8:51 AM EDT |
|
| Real exports of goods and services increased 7.5% in the second quarter, compared with an increase of 1.1% in the first. |
|
| Real gross domestic product - the output of goods and services produced by labor and property located in the United States - increased at an annual rate of 3.8% in the second quarter of 2007, according to final estimates released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 0.6%. |
|
|
Full Story... |
Crude, Distillate and Gasoline Inventories Rise
Sep 26, 10:46 AM EDT |
|
| Distillate fuel inventories increased by 1.6 million barrels, and are in the upper half of the average range for this time of year. |
|
| U.S. commercial crude oil inventories rose by 1.8 million barrels compared to the previous week. However, at 320.6 million barrels, U.S. crude oil inventories are above the upper end of the average range for this time of year. Total motor gasoline inventories increased by 0.6 million barrels last week, and are well below the lower end of the average range. Finished gasoline fell last week while gasoline blending components rose. |
|
|
Full Story... |
Durable Goods Orders Drop 4.9% in August
Sep 26, 8:48 AM EDT |
|
| Shipments of manufactured durable goods in August, down two of the last three months, decreased $3.4 billion or 1.6% to $216.7 billion. |
|
| New orders for manufactured durable goods in August decreased $11.3 billion or 4.9% to $219.5 billion, the U.S. Census Bureau announced today. This decrease followed two consecutive monthly increases, including a 6.1% July increase. Excluding transportation, new orders decreased 1.8%. |
|
|
Full Story... |
Existing Home Sales Decrease 4.3% in August
Sep 25, 10:17 AM EDT |
|
| The national median existing-home price for all housing types was $224,500 in August, up 0.2% from August 2006 when the median was $224,000. |
|
| Total existing-home sales – including single-family, townhomes, condominiums and co-ops – were down 4.3% to a seasonally adjusted annual rate of 5.50 million units in August from a level of 5.75 million in July, and are 12.8% below the 6.31 million-unit pace in August 2006. |
|
|
Full Story... |
Jobless Claims Drop by 9,000
Sep 20, 9:40 AM EDT |
|
| The advance unadjusted insured unemployment rate was 1.7% during the week ending Sept. 8, unchanged from the prior week. |
|
| In the week ending Sept. 15, the advance figure for seasonally adjusted initial claims was 311,000, a decrease of 9,000 from the previous week''''s revised figure of 320,000. The 4-week moving average was 320,750, a decrease of 3,500 from the previous week''''s revised average of 324,250. |
|
|
Full Story... |
Crude Oil Inventories Fall
Sep 19, 10:51 AM EDT |
|
| Distillate fuel inventories increased by 1.5 million barrels, and are in the upper half of the average range for this time of year. |
|
| U.S. commercial crude oil inventories fell by 3.8 million barrels compared to the previous week. However, at 318.8 million barrels, U.S.crude oil inventories are at the upper end of the average range for this time of year. Total motor gasoline inventories increased by 0.4 million barrels last week, and are well below the lower end of the average range. Both finished gasoline and gasoline blending components rose last week. |
|
|
Full Story... |
|
|
1
