Durable Goods Orders Increase in April
Bookings for goods meant to last at least three years rose 0.8% after a 3.6% gain in the prior month that was stronger than previously reported, according to the Commerce Department.
May 27, 2014Home Prices in 20 US Cities Increase at Slower Pace in March
Home prices in 20 U.S. cities rose at a slower pace in the year ended in March as the housing market began to weaken at the start of 2014.
May 27, 2014Consumer Confidence Index Rises to 83 in May
The Conference Board’s index of U.S. consumer confidence increased to 83 in May from 81.7 a month earlier, the New York-based private research group said today.
May 27, 2014Sales of New Homes Increased 6.4% in April to 433,000 Pace
Sales of new homes rose 6.4% in April to a 433,000 annualized pace from a revised 407,000 in March that was larger than initially estimated, the Commerce Department reported.
May 23, 2014Sales of Existing Homes Rise for First Time in Four Months
Sales of previously owned homes rose in April for the first time in four months as the weather warmed, price increases slowed and more properties were put on the market.
May 22, 2014Gain in US Leading Index Points to Q2 Rebound
The index of U.S. leading indicators rose in April for the fourth straight month, showing the economy will strengthen after a slowdown earlier this year.
May 22, 2014Jobless Claims Rise by 28,000 for Week
Jobless claims increased by 28,000 to 326,000 in the week ended May 17, after 298,000 filings a week earlier that were higher than initially reported, according to the Labor Department.
May 22, 2014Maersk First-Quarter Profit Jumps on Lower Costs, Higher Volumes
A.P. Moeller-Maersk ’s container shipping line, the world’s largest, said first-quarter profit more than doubled and the forecast was raised on lower costs and higher volumes countered a drop in freight rates.
May 21, 2014Miami Port Unveils $900 Million Tunnel to Ease Truck Traffic
A $900 million underwater tunnel that will give trucks leaving the port of Miami faster access to highways was unveiled May 19, four years after construction began.
May 20, 2014Gasoline Prices Dip 3.5¢ to $3.69, Lundberg Reports
The average U.S. price for regular gasoline fell 3.5 cents in the past two weeks to $3.69 a gallon, the first decline in three months, according to the latest Lundberg Survey of filling stations.
May 19, 2014