Weekly Crude Inventories Rise 1.0 mb
Nov 24, 10:57 PM ET |
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| Crude oil inventories at the end of last week increased 1.0 million barrels to 357.6 million barrels. Motor Gasoline inventories decreased 1.9 million barrels and that of finished gasoline increased and distillate decreased by 0.5 million barrels. |
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October New Home Sales Fall 8.1%
Nov 24, 10:55 PM ET |
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| Seasonally adjusted new home sales in October fell 8.1% to 283,000 and decreased 28.5% from a year ago. The median sale price of new homes sold in the month was $194,900 and average price was $248,200 with eight months of inventory. |
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Weekly Jobless Claims Falls 34,000
Nov 24, 10:53 PM ET |
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| Seasonally adjusted weekly jobless claims decreased 34,000 to 407,000 from the revised previous week claims of 441,000. The preliminary insured unemployment rate in the week ending November 20 changed to 3.3% from the prior week''s revised rate of 3.4%. |
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Personal Income Rises 0.5%
Nov 24, 10:51 PM ET |
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| October personal income rose 0.5% and disposable personal income increased 0.4%. Personal consumption expenditure increased 0.4% in the month. In September personal income decreased less then 0.1%, DPI decreased 0.1% and PCE increased 0.3% on revised estimate. |
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October Durable Orders Fall 3.3%
Nov 24, 10:47 PM ET |
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| October durable goods orders decreased 3.3% or $6.8 billion to $196.0 billion, this follows three consecutive monthly declines and 5.0% rise in September. Orders excluding transportation orders decreased 2.7% and defense fell 2.1%. |
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FOMC Minutes of Meeting
Nov 23, 10:45 PM ET |
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| Fed in its interest rate setting meeting noticed that while the nascent and weak economic expansion is underway, larger than normal resource slack keeps the economy exposed to negative shocks. Commercial and real estate markets are sturggling and consumer income is rising at a slow pace. |
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October Home Sales Decreased 2.2%
Nov 23, 10:39 PM ET |
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| Seasonally adjusted annual rate for existing home sales in October decreased 2.2% to 4.43 million from 4.53 million units in September, but 25.9% lower from a year ago of 5.98 million units rate in the month. |
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Q3 GDP Growth Increased to 2.5%
Nov 23, 10:34 PM ET |
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| U.S. economy expanded at 2.5% in the third quarter after surging at 1.7% in the second. The price index of gross domestic purchases increased 0.6% in the quarter compared to 0.8% in the second. Change in private inventories added 1.30% compared to 0.82% in the second. |
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Weekly Jobless Claims Rises 2,000
Nov 18, 8:39 AM ET |
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| Seasonally adjusted weekly jobless claims increased 2,000 to 439,000 from the revised previous week claims of 437,000. The preliminary insured unemployment rate in the week ending November 6 changed to 3.4% from the prior week''s revised rate of 3.5%. |
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Weekly Crude Inventories Fall 7.3 mb
Nov 17, 5:11 AM ET |
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| Crude oil inventories at the end of last week decreased 7.3 million barrels to 357.6 million barrels. Motor Gasoline inventories decreased 2.7 million barrels and that of finished gasoline decreased and distillate decreased by 1.1 million barrels. |
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