Economy in Brief

Weekly chain store sales edged up 0.2% last week but the rise failed to recover the prior week's 0.6% decline, according to the International Council of Shopping Centers (ICSC)-UBS survey. Together with a similar 0.2% up tick in [...]

Total existing home sales fell 1.3% during June to 6.620M. The decline, however, was slightly less than Consensus expectations for a fall in sales to 6.60M. In addition, it followed a 0.6% May drop that was shallower than originally [...]

Consumer confidence as reported by the Conference Board rose 1.0% in July to 106.5 and added to a 0.7% June increase that was revised down slightly from the initial report. Consensus expectations had been for a decline in confidence [...]

Consumer confidence as reported by the Conference Board rose 1.0% in July to 106.5 and added to a 0.7% June increase that was revised down slightly from the initial report. Consensus expectations had been for a decline in confidence [...]

Earlier this month South Korea reported a seasonally adjusted deficit on foreign trade of 1.94 billion won in June compared with a surplus of 1,505 billion won in May. This was the first deficit since March, 2003 and was the result of [...]

The weekly leading index of the US economy published by the Economic Cycle Research Institute (ECRI) was unchanged in the latest week, a performance which typifies the index's movement during 2006. Versus its year end 2005 level, the [...]

The weekly leading index of the US economy published by the Economic Cycle Research Institute (ECRI) was unchanged in the latest week, a performance which typifies the index's movement during 2006. Versus its year end 2005 level, the [...]

The Federal Reserve Bank of Richmond Mfg. Survey did improve in June, but the low reading of 4 still was down sharply from the highs reached earlier this year. The m/m rise reflected scant improvement in shipments & new orders though [...]