GDP Growth Revised Up to 1.7%
Sep 30, 9:23 AM ET |
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| U.S. economy expanded at 1.7% in the second quarter after surging at 3.7% in the first. The price index of gross domestic purchases increased 0.9% in the quarter compared to 1.1% in the first. Change in private inventories added 0.82% compared to 2.64% in the first. |
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Weekly Jobless Claims Falls 16,000
Sep 30, 9:15 AM ET |
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| Seasonally adjusted weekly jobless claims decreased 16,000 to 453,000 from the revised previous week claims of 469,000. The preliminary insured unemployment rate in the week ending September 18 fell to 3.5% from the prior week''s revised rate of 3.6%. |
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Weekly Crude Inventories Fell 0.5 mb
Sep 29, 11:35 AM ET |
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| Crude oil inventories at the end of last week decreased 0.5 million barrels to 357.9 million barrels. Motor Gasoline inventories decreased 3.5 million barrels and that of finished gasoline decreased and distillate decreased by 1.3 million barrels. |
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August New Home Sales Unchanged
Sep 24, 11:04 AM ET |
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| Seasonally adjusted new home sales in August unchanged to 288,000 and decreased 28.9% from a year ago. The median sale price of new homes sold in the month was $204,700 and average price was $248,800 with seven months of inventory. |
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August Durable Orders Fall 1.3%
Sep 24, 9:10 AM ET |
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| August durable goods orders decreased 1.3% or $2.5 billion to $191.2 billion, this follows three consecutive monthly declines and 0.7% fall in July. Orders excluding transportation orders increased 2% and defense fell 1.2%. |
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August Home Sales Increased 7.6%
Sep 23, 10:26 AM ET |
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| Seasonally adjusted annual rate for existing home sales in August increased 7.6% to 4.12 million from 3.84 million units in July, but 19.0% lower from a year ago of 5.10 million-unit rate in the month. |
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Weekly Jobless Claims Rose 12,000
Sep 23, 9:06 AM ET |
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| Seasonally adjusted weekly jobless claims increased 12,000 to 465,000 from the revised previous week claims of 453,000. The preliminary insured unemployment rate in the week ending September 11 fell to 3.5% from the prior week''s revised rate of 3.6%. |
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Weekly Crude Inventories Rises 1.0 mb
Sep 22, 11:40 AM ET |
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| Crude oil inventories at the end of last week increased 1.0 million barrels to 358.3 million barrels. Motor Gasoline inventories increased 1.6 million barrels and that of finished gasoline increased and distillate increased by 0.3 million barrels. |
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Fed Leaves Rates on Hold
Sep 21, 11:22 PM ET |
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| Fed left rates on hold and noted that inflation is running below what the committee considers is consistent with economic growth.
Fed also noted that bank lending is still contracting but the rate of shrinkage has declined. |
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Housing Starts Increased 10.5% in August
Sep 21, 8:59 AM ET |
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| Housing permits in August increased 1.8% from July or 6.7% a year ago month to 569,000. Housing starts in August increased 10.5% from July. Housing completion rose 5.6% from July or fell 23.7% from a year ago month to 603,000. |
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