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U.S. Weekly Jobless Claims Edge Down To 250,000
(RTTNews) - A report released by the Labor Department on Thursday unexpectedly showed a modest pullback in first-time claims for U.S. unemployment benefits in the week ended August 13th.
The Labor Department said initial jobless claims edged down to 250,000, a decrease of 2,000 from the previous week's revised level of 252,000.
Economists had expected jobless claims to inch up to 265,000 from the 262,000 originally reported for the previous week.
The report showed the less volatile four-week moving average also dipped to 246,750, a decrease of 2,750 from the previous week's revised average of 249,500.
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U.S. Construction Spending Unexpectedly Edges Lower In July
A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.
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Chicago Business Barometer Slumps Much More Than Expected In August
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U.S. Consumer Prices Increase In Line With Estimates In July
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U.S. PCE Price Index Increased In Line With Estimates In July
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U.S. Pending Home Sales Fall More Than Expected In July
A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
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U.S. Economy Surges More Than Previously Estimated In Q2
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