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U.S. Q3 GDP Growth Unrevised At 2.8%
(RTTNews) - The jump by U.S. economic activity in the third quarter was unrevised compared to the previous estimate, according to a report released by the Commerce Department on Wednesday.
The Commerce Department said gross domestic product surged by 2.8 percent in the third quarter, unchanged versus the "advance" estimate issued last month.
The report said upward revisions to private inventory investment and nonresidential fixed investment were offset by downward revisions to exports and consumer spending.
The unrevised increase by GDP in the third quarter still reflects a modest slowdown from the 3.0 percent jump in the second quarter.
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U.S. New Home Sales Rebound Much Less Than Expected In June
After reporting a steep drop by new home sales in the U.S. in the previous month, the Commerce Department released a report on Thursday showing a modest rebound by new home sales in the month of June. The Commerce Department said new home sales rose by 0.6 percent to an annual rate of 627,000 in June after plummeting by 11.6 percent to a rate of 623,000 in May.
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Pred 2 h 43 min
U.S. Initial Jobless Claims Unexpectedly Dip To 217,000
The Labor Department released a report on Thursday unexpectedly showing another modest decrease by first-time claims for U.S. unemployment benefits in the week ended July 19th. The report said initial jobless claims edged down to 217,000, a decrease of 4,000 from the previous week's unrevised level of 221,000. Economists had expected jobless claims to rise to 227,000.
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Pred 3 h 25 min
U.S. Existing Home Sales Slump To Nine-Month Low In June
A report released by the National Association of Realtors on Wednesday showed existing home sales in the U.S. pulled back by more than expected in the month of June. NAR said existing home sales slumped by 2.7 percent to an annual rate of 3.93 million in June after jumping by 1.0 percent to a revised rate of 4.04 million in May.
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Pred 1 dňom
U.S. Leading Economic Index Dips Slightly More Than Expected In June
A report released by the Conference Board on Monday showed its reading on leading U.S. economic indicators fell by slightly more than expected in the month of June. The Conference Board said its leading economic index declined by 0.3 percent in June following a revised unchanged reading in May.
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Pred 3 dňami
U.S. Consumer Sentiment Reaches Five-Month High In July
After reporting a substantial rebound by U.S. consumer sentiment in the previous month, the University of Michigan released a report on Friday showing a more modest improvement by consumer sentiment in the month of July. The University of Michigan said its consumer sentiment index climbed to 61.8 in July after surging to 60.7 in June. Economists had expected the index to rise to 61.5.
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Pred 6 dňami
U.S. Housing Starts Rebound More Than Expected In June
New residential construction in the U.S. rebounded by more than expected in the month of June, according to a report released by the Commerce Department on Friday. The Commerce Department said housing starts surged by 4.6 percent to an annual rate of 1.321 million in June after plunging by 9.7 percent to a revised rate of 1.263 million in May.
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Pred 6 dňami
U.S. Housing Starts Surge 4.6% In June, More Than Expected
New residential construction in the U.S. rebounded by more than expected in the month of June, according to a report released by the Commerce Department on Friday.
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Pred 6 dňami
U.S. Business Inventories Remain Unchanged For Second Straight Month
Business inventories in the U.S. remained unchanged for the second consecutive month in May, according to a report released by the Commerce Department on Thursday. The Commerce Department said business inventories were virtually unchanged in May after also coming in flat in April. The unchanged reading matched economist estimates.
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Pred 7 dňami
