Personal Income Rises 0.2%
Aug 30, 9:04 AM ET |
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| July personal income rose and disposable personal income increased 0.2%. Personal consumption expenditure increased 0.4% in the month. In June personal income decreased less then 0.2%, DPI fell 0.1% and PCE decreased 0.1% on revised estimate. |
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Fed Estimates Subdued Inflation
Aug 27, 12:05 PM ET |
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| Fed Chairman Bernanke noted in a statement that private final demand appears to be weak than expected as households are cautious and are repairing their financial position. With the elevated joblessness and restrained spending, economic recovery appears to be weaker than anticipated. |
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GDP Growth Revised Up to 1.6%
Aug 27, 9:12 AM ET |
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| U.S. economy expanded at 1.6% in the second quarter after surging at 3.7% in the first. The price index of gross domestic purchases increased 1.0% in the quarter compared to 1.1% in the first. Change in private inventories added 0.63% compared to 2.64% in the first. |
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Weekly Jobless Claims Fall 31,000
Aug 26, 8:59 AM ET |
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| Seasonally adjusted weekly jobless claims decreased 31,000 to 473,000 from the revised previous week claims of 504,000. The preliminary insured unemployment rate in the week ending August 14 fell to 3.5% from the prior week''s revised rate of 3.6%. |
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Weekly Crude Inventories Rises 4.1 mb
Aug 25, 11:05 AM ET |
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| Crude oil inventories at the end of last week increased 4.1 million barrels to 358.3 million barrels. Motor Gasoline inventories increased by 2.3 mb and that of finished gasoline increased and distillate increased by 1.8 million barrels. |
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July New Home Sales Fall 12.4%
Aug 25, 10:14 AM ET |
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| Seasonally adjusted new home sales in July decreased 12.4% to 275,000 and decreased 32.4% from a year ago. The median sale price of new homes sold in the month was $204,000 and average price was $235,300 with seven months of inventory. |
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July Durable Orders Rise 0.3%
Aug 25, 10:09 AM ET |
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| July durable goods orders increased 0.3% or $0.6 billion to $193.0 billion, this follows two consecutive monthly declines and 0.1% fall in June. Orders excluding transportation orders decreased 3.8% and defense rose 0.3%. |
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July Home Sales Fall 27.2%
Aug 24, 11:42 AM ET |
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| Seasonally adjusted annual rate for existing home sales in July fell 27.2% to 3.83 million from 5.26 million units in May, but 25.5% higher than the 5.14 million-unit rate in July 2009. |
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Weekly Jobless Claims Rise 12,000
Aug 19, 9:01 AM ET |
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| Seasonally adjusted weekly jobless claims increased 12,000 to 500,000 from the revised previous week claims of 488,000. The preliminary insured unemployment rate in the week ending August 7 fell to 3.5% from the prior week''s unchanged rate of 3.5%. |
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Weekly Crude Inventories Falls 0.8 mb
Aug 18, 11:56 AM ET |
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| Crude oil inventories at the end of last week decreased 0.8 million barrels to 354.2 million barrels. Motor Gasoline inventories remained virtually unchanged and that of finished gasoline decreased and distillate increased by 1.1 million barrels. |
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