U.S. Housing Starts Spike Much More Than Expected In December

U.S. Leading Economic Index Falls Slightly More Than Expected In February

A report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators fell by slightly more than expected in the month of February. The Conference Board said its leading economic index decreased by 0.3 percent in February after slipping by a revised 0.2 percent in January.

RTTNews | 4 dias atrás

U.S. Existing Home Sales Unexpectedly Surge 4.2% In February

After reporting a sharp pullback by U.S. existing home sales in the previous month, the National Association of Realtors released a report on Thursday showing existing home sales unexpectedly rebounded in the month of February. NAR said existing home sales surged by 4.2 percent to an annual rate of 4.26 million in February after tumbling by 4.7 percent to a revised rate of 4.09 million in January.

RTTNews | 4 dias atrás

Philly Fed Index Extends Pullback But Still Indicates Growth In March

A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall but was less widespread in the month of March. The Philly Fed said its diffusion index for current general activity slid to 12.5 in March after plunging to 18.1 in February, although a positive reading still indicates growth.

RTTNews | 4 dias atrás

U.S. Weekly Jobless Claims Inch Up To 223,000

First-time claims for U.S. unemployment benefits crept slightly higher in the week ended March 15th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims inched up to 223,000, an increase of 2,000 from the previous week's revised level of 221,000. Economists had expected jobless claims to rise to 224,000.

RTTNews | 4 dias atrás

Philly Fed Index Drops Less Than Expected In March

A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall but was less widespread in the month of March.

RTTNews | 5 dias atrás

U.S. Weekly Jobless Claims Inch Slightly Higher

First-time claims for U.S. unemployment benefits crept slightly higher in the week ended March 15th, according to a report released by the Labor Department on Thursday.

RTTNews | 5 dias atrás

Fed Leaves Interest Rates Unchanged, Still Sees Rate Cuts This Year

In an almost universally expected move, the Federal Reserve on Wednesday announced its decision to once again leave interest rates unchanged, but projections signaled the central bank is still likely to lower rates later this year. The Fed said it decided to maintain the target range for the federal funds rate at 4.25 to 4.50 percent.

RTTNews | 5 dias atrás

U.S. Industrial Production Climbs 0.7% In February, Much More Than Expected

The Federal Reserve released a report on Tuesday showing industrial production in the U.S. increased by much more than expected in the month of January. The report said industrial production climbed by 0.7 percent in February after climbing by a downwardly revised 0.3 percent in January.

RTTNews | 6 dias atrás

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U.S. Housing Starts Spike Much More Than Expected In December