U.S. Existing Home Sales Tumble Slightly More Than Expected In March
(RTTNews) - A report released by the National Association of Realtors on Thursday showed a sharp pullback by existing home sales in the U.S. in the month March.
NAR said existing home sales plunged by 4.3 percent to an annual rate of 4.19 million in March after surging by 9.5 percent to a rate of 4.38 million in February. Economists had expected existing home sales to slump to a rate of 4.20 million.
The pullback by existing home sales partly reflected weakness in the West and South, where existing home sales plummeted by 8.2 percent and 5.9 percent, respectively.
Existing home sales in the Midwest also tumbled by 1.9 percent, while existing home sales in the Northeast surged by 4.2 percent.
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U.S. Business Inventories Edge Down In Line With Estimates In March
The Commerce Department released a report on Wednesday showing a modest decrease in business inventories in the U.S. in the month of March. The report said business inventories edged by 0.1 percent in March after climbing by 0.3 percent in February. The dip matched economist estimates.
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The Federal Reserve Bank of New York released a report on Wednesday showing regional manufacturing activity unexpectedly contracted at a slightly faster rate in the month of May. The New York Fed said its general business conditions index edged down to a negative 15.6 in May from a negative 14.3 in April, with a negative reading indicating contraction.
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U.S. Retail Sales Unexpectedly Flat In April Amid Decrease In Auto Sales
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9s 5 dakika önce
U.S. Consumer Prices Rise 0.3% In April, Slightly Less Than Expected
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New York Manufacturing Index Unexpectedly Edges Lower In May
The Federal Reserve Bank of New York released a report on Wednesday showing regional manufacturing activity unexpectedly contracted at a slightly faster rate in the month of May.
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10s 19 dakika önce
U.S. Retail Sales Unexpectedly Unchanged In April
Retail sales in the U.S. unexpectedly came in flat in the month of April, according to a report released by the Commerce Department on Wednesday.
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10s 21 dakika önce
U.S. Consumer Prices Rise Slightly Less Than Expected In April
A highly anticipated report released by the Labor Department on Wednesday showed consumer prices in the U.S. rose by slightly less than expected in the month of April.
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10s 23 dakika önce
