New Orders for Durable Goods Decreased in April
New orders for durable manufactured goods decreased 0.5 percent to $235.5 billion in April, according to the U.S. Census Bureau....
Economy
Yellen: Rate Hike Likely This Year, Despite Headwinds
“f the economy continues to improve as I expect, I think it will be appropriate at some point this year...
CPI Increases Despite Lower Energy Prices
The Consumer Price Index increased 0.1 percent in April on a seasonally adjusted basis, as further declines in energy was...
Existing Home Sales Slow in April
Existing home sales declined 3.3 percent to a seasonally adjusted rate of 5.04 million, down from an upwardly revised 5.21...
FOMC Minutes: June Rate Hike Not Likely
Many participants said that a June rate hike is unlikely, according to the minutes from the April 17-19 Federal Open...
Housing Starts Jump to Highest Level Since 2007
Housing starts in April rose to a seasonally adjusted annual rate of 1.135 million, 20.2 percent above the revised March...
Homebuilder Confidence Fell Two Points in May
The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) fell two points to a level of 54 in...
Mining and Utilities Drive Industrial Production Decline
Industrial production decreased 0.3 percent in April, the fifth consecutive monthly loss. From April 2014, the index increased 1.9 percent.
Student Loan Debt Outpacing Other Debt Growth
The Federal Reserve Bank of New York announced in its Q1 2015 Household Debt and Credit Report, that total household...
Producer Prices Slip in April
Producer prices fell 0.4 percent in April, seasonally adjusted, according to the U.S. Bureau of Labor Statistics, after increasing 0.2...
