GDP Growth Revised Down to 2.4%
Jul 30, 9:30 AM ET |
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| U.S. economy expanded at 2.4% in the second quarter after surging at 3.7% in the first. The price index of gross domestic purchases increased 1.3% in the quarter compared to 1.1% in the first. Change in private inventories added 1.05% compared to 2.64% in the first. |
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Weekly Jobless Claims Fell 11,000
Jul 29, 8:56 AM ET |
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| Seasonally adjusted weekly jobless claims decreased 11,000 to 457,000 from the revised previous week claims of 468,000. The preliminary insured unemployment rate in the week ending July 17 fell to 3.6% from the prior week''s unrevised rate of 3.5%. |
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Beige Book Survey
Jul 28, 2:44 PM ET |
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| The latest Fed survey of businesses indicated uneven and moderate economic recovery in the nation. Of the twelve regions reporting in the survey, two indicated a decline in activities and two reported steady activities. Rest of the regions indicated modest improvements. |
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Weekly Crude Inventories Rises 7.3 mb
Jul 28, 10:43 AM ET |
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| Crude oil inventories at the end of last week increased 7.3 million barrels to 360.8 million barrels. Motor Gasoline inventories increased 0.1 million barrels and that of finished gasoline remain unchanged and distillate increased by 0.9 million barrels. |
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June Durable Orders Fall 1%
Jul 28, 9:00 AM ET |
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| June durable goods orders decreased 1% or $2.0 billion to $190.5 billion, the second monthly decline after a fall of 0.8% in May. Orders excluding transportation new orders decreased 0.6% and excluding defense fell 0.7%. |
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June New Home Sales Rise 23.6%
Jul 26, 10:11 AM ET |
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| Seasonally adjusted new home sales in June increased 23.6% to 330,000 but decreased above 16.7% from a year ago. The median sale price of new homes sold in the month was $213,400 and average price was $242,900 with five months of inventory. |
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June Home Sales Fall 5.1%
Jul 22, 2:18 AM ET |
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| Seasonally adjusted annual rate for existing home sales in June fell 5.1% to 5.37 million from 5.66 million units in May, but 9.8% higher than the 4.89 million-unit rate in June 2009. |
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Weekly Jobless Claims Rise 37,000
Jul 22, 2:16 AM ET |
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| Seasonally adjusted weekly jobless claims increased 37,000 to 464,000 from the revised previous week claims of 427,000. The preliminary insured unemployment rate in the week ending July 10 fell to 3.5% from the prior week''s unrevised rate of 3.7%. |
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Cautious Fed Outlook
Jul 21, 2:43 AM ET |
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| Fed Chairman in his prepared remarks noted the uncertain outlook in the economy and labor market. The committee estimated a gradual decline in jobless rate, moderate growth rate and subdued inflation over the next several years. |
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Weekly Crude Inventories Rises 0.4 mb
Jul 21, 10:41 AM ET |
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| Crude oil inventories at the end of last week increased 0.4 million barrels to 353.5 million barrels. Motor Gasoline inventories increased 1.1 million barrels and that of finished gasoline decreased and distillate increased by 3.9 million barrels. |
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