Oil Inventories Rise 2.8 mb
Sep 30, 10:44 AM ET |
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| Commercial crude inventories rise 2.8 million barrels from the previous week and are above the upper end of the range at 338.4 million barrels. Total motor gasoline inventories decreased 1.6 million barrels and distillate inventories increased by 0.3 million barrels from the previous week. |
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Second Quarter GDP Fall 0.7%
Sep 30, 11:46 AM ET |
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| Second quarter decline was revised to a fall of 0.7% from the second read of 1% shrink based on more complete data. Lower imports and higher exports and government spending helped to arrest the economic decline in the quarter. |
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Second Quarter GDP Fall 0.7%
Sep 30, 11:43 AM ET |
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| Second quarter decline was revised to a fall of 0.7% from the second read of 1% shrink based on more complete data. Lower imports and higher exports and government spending helped to arrest the economic decline in the quarter. |
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August New Home Sales Up 0.7%
Sep 25, 11:00 AM ET |
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| Seasonally adjusted new home sales increased 0.7% to 429,000 but fell 3.4% from a year ago. The median sale price of new homes sold in the month was $195,200 and average price was $256,800 with 7.3 months of inventory. |
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August Durable Orders Fall 2.4%
Sep 25, 8:55 AM ET |
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| August durable goods orders decreased 2.4% or $4 billion to $164.4 billion, second monthly decline in the last three months. Orders fell 4.8% in July. Excluding transportation orders edged slightly lower. |
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August Home Sales Fall 2.7%
Sep 24, 11:33 AM ET |
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| Existing home sales fell 2.7% in August according to the National Association of Realtors. The seasonally adjusted home sales in the month were 5.1 million units, lower than 5.24 million in July. |
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Jobless Claims Fall 21,000
Sep 24, 9:05 AM ET |
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| Jobless claims in the last week decreased 21,000 from the revised 551,000 claims in the previous week. Preliminary unemployment rate decreased 0.1 percentage point to 4.6%. |
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Fed On Hold
Sep 23, 8:26 AM ET |
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| Federal Reserve after deliberating for two days left its target interest rate unchanged between zero and 0.25% and looked for more tools to sustain economic recovery. |
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Oil Inventories Rise Million Barrels
Sep 23, 1:37 AM ET |
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| Crude oil inventories increased by 0.2 million barrels from the previous week and are near the upper end of the average range at 343.8 million barrels. Total motor gasoline inventories decreased by 1.7 million barrels last week and distillate fuel inventories increased by 0.8 million barrels. |
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Michigan Leads August Unemployment
Sep 18, 2:11 AM ET |
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| Michigan led the unemployment across the nation in August with 15.2% followed by Nevada 13.2% rate and California 12.2%. The sharp decline in auto sales has devastated manufacturing jobs in the Midwest. |
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