Sales of Existing Homes Fall for Third Straight Month
Sales of previously owned homes fell in March for the third consecutive month as rising prices and cold weather discouraged would-be buyers.
April 22, 2014Leading Economic Indicator Index Gain Points to 2Q Rebound
An index of U.S. leading indicators increased in March by the most in four months, a sign the economic expansion will strengthen following harsh winter weather.
April 21, 2014Gasoline Rises to 13-Month High $3.69 a Gallon, Lundberg Reports
The average price for U.S. regular gasoline rose 8.5 cents in the past two weeks to a 13-month high $3.69 a gallon, according to latest Lundberg Survey released April 20.
April 21, 2014Union Pacific’s 1Q Earnings Jump 14%
Union Pacific Corp.’s first-quarter earnings jumped 14% to $1.1 billion, or $2.38 a share, the company reported April 17. Revenue rose 6.6% to $5.64 billion.
April 17, 2014Weekly Jobless Claims Rise by 2,000
Jobless claims increased by 2,000 to 304,000 in the week ended April 12 from a revised 302,000 the prior period that was the lowest since September 2007, a Labor Department report reported April 17.
April 17, 2014Industrial Production Rises 0.7% in March
Industrial production rose 0.7% in March after a revised 1.2% increase the prior month, figures from the Federal Reserve showed April 16.
April 16, 2014Housing Starts Rise 2.8% in March
Housing starts climbed 2.8% in March to a 946,000 annualized rate after February’s 920,000 pace, which was higher than previously reported, Commerce Department reported April 16.
April 16, 2014Consumer Prices Rise 0.2% in March
The consumer price index climbed 0.2% in March after increasing 0.1% the prior month, a Labor Department report showed April 15.
April 15, 2014Retail Sales Increase by Most Since 2012
Retail sales rose 1.1% in March by the most since September 2012, helping the economy recover from a weather-depressed start to the year, the Commerce Department reported April 14.
April 14, 2014Consumer Sentiment Rises to Highest Level Since July
The Thomson Reuters/University of Michigan preliminary index of consumer sentiment climbed to 82.6 in April, the highest level since July, from a four-month low of 80 in March.
April 11, 2014