Consumer spending increased slightly less than expected in August, suggesting some moderation in economic growth in the third quarter.
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Tag: Census Bureau
US new home sales slump to six-month low in May
Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand.
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US retail sales rise less than expected in May
U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.
Read More US retail sales rise less than expected in May
US wholesale inventories drop by unrevised 0.4% in March
U.S. wholesale inventories fell, confirming that inventory investment was a drag on economic growth in the first quarter.
Read More US wholesale inventories drop by unrevised 0.4% in March
US new home sales unexpectedly fall in February
New home sales slipped 0.3% to a seasonally adjusted annual rate of 662,000 units last month.
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US retail sales tumble in January; weekly jobless claims fall
Economists cautioned the decline may be due to winter storms and technical factors.
Read More US retail sales tumble in January; weekly jobless claims fall