Initial claims for jobless insurance during the week ended November 22 jumped to 313,000 from 292,000 during the prior period, revised from 291,000. The Action Economics Forecast Survey expected 285,000 claims in the latest week. The [...]
- Global| Nov 26 2014
U.S. Initial Claims for Jobless Insurance Jump; Unemployment Rate Falls to New Low
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 26 2014
U.S. Pending Home Sales Decline
Pending sales of single-family homes fell 1.1% last month (+2.2% y/y) following a little-revised 0.6% gain during September, according to the National Association of Realtors (NAR). Home sales in the Northeast, sales improved 0.5% [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 26 2014
U.S. New Home Sales Improve; Prices Jump
New home sales during October edged up 0.7% m/m to 458,000 (1.8% y/y) following a 0.4% rise to 455,000 in September, initially reported as 467,000. The latest figure disappointed expectations for 470,000 sales in the Action Economics [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 26 2014
U.S. Durable Goods Orders Boosted by Defense Aircraft
New orders for durable goods rose 0.4% during October (+5.5% y/y) following a 0.9% fall in September, revised from -1.3%. The October increase countered expectations for a 0.6% decline in the Action Economics Forecast Survey. The [...]
- Global| Nov 26 2014
U.S. Personal Income and Spending Growth Remain Moderate
Overall personal income increased 0.2% during October (4.1% y/y) after an unrevised 0.2% September rise. The increase disappointed expectations for a 0.4% improvement in the Action Economics Forecast Survey. Wages & salaries earnings [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 26 2014
Italian Consumer Confidence in an Era of Radioactivity
Italy's consumer confidence indicator from ISAE fell in November to reach a nine-month low. In the guts of this survey, we see evidence many of the conditions that are continuing to plague consumers around the world. For example, [...]
- Global| Nov 25 2014
U.S. Gasoline & Crude Oil Costs Decline; Natural Gas Prices Increase
The price for a gallon of regular gasoline fell to $2.82 last week (-14.3% y/y), down from $2.89 during the prior week and off versus $3.69 averaged in June. To account for seasonal patterns, Haver Analytics constructs factors for [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Nov 25 2014
U.S. Consumer Confidence Pulls Back to Five-Month Low
The Conference Board reading of consumer confidence retreated to 88.7 this month (+23.2% y/y) from 94.1 in October, revised from 94.5. The latest figure disappointed expectations for 96.0 in the Action Economics Forecast Survey. [...]
by:Tom Moeller
|in:Economy in Brief
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