The numbers: U.S. new home sales rose 5.8% to a seasonally-adjusted rate of 640,000 in November, from a revised 605,000 in the prior month, the Commerce Department reported Friday. The Read more
Tag: indicators
High U.S. inflation is on the wane, PCE price gauge shows
The numbers: A key gauge of U.S. prices rose just 0.1% in November, marking the fifth month in a row in which inflation eased after peaking at a 40-year Read more
Consumer spending barely rose at start of holiday shopping season
The numbers: Consumer spending rose a tepid 0.1% in November, suggesting greater caution by households and heavy discounting in the holiday shopping season. Analysts polled by The Wall Street Journal Read more
Leading indicators point to slowing U.S. economy and recession in 2023
The numbers: The U.S. leading index fell a sharp 1% in November, extending a downturn that began last spring and points to a weakening economy. Economists polled by The Wall Street Read more
Jobless claims inch up to 216,000, but offer little sign of labor-market weakness
The numbers: The number of Americans who applied for unemployment benefits in the week before Christmas rose slightly to 216,000, but new filings remained low and signaled the labor market Read more
U.S. economy grew at revised 3.2% rate in third quarter
The numbers: The U.S. expanded at an annual 3.2% annual rate in the third quarter, a more robust pace of growth than previously reported, new government figures show. The increase Read more
Dow up more than 400 points as consumer confidence rises
U.S. stocks were sharply higher Wednesday, as investors digested data showing a rise in U.S. consumer confidence. Stocks are extending gains after Wall Street snapped a losing streak as the Read more
Consumer confidence hits 8-month high as worries about inflation and recession fade
The numbers: A survey of consumer confidence jumped to a eight-month high of 108.3 in December, reflecting fewer worries about inflation and more optimism about jobs and the economy. The Read more
U.S. existing-home sales fall for the 10th straight month in November — longest losing streak on record
The numbers: U.S. existing-home sales fell 7.7% to a seasonally adjusted annual rate of 4.09 million in November, the National Association of Realtors said Wednesday. This is the 10th straight Read more
U.S. building permits fall 11.2% in November, while housing starts only dip slightly
The numbers: Construction on new U.S. homes fell a seasonally adjusted 0.5% in November to 1.43 million, the Commerce Department said Tuesday. The drop in construction on homes follows the Read more