Economy Watch: State Unemployment Rates Stuck in Neutral
The Bureau of Labor Statistics said that state and regional unemployment rates didn’t budge much in June.
Economy Watch: Existing Home Sales Drop
Existing home sales, which have been on an upward trajectory most of this year, took a dip in June, according to the National Association of Realtors.
Economy Watch: Housing Starts Up in June
The Census Bureau reported on Wednesday that U.S. housing starts were at an annualized rate of 760,000 units in June.
Economy Watch: Bernanke Downbeat, Unclear on Stimulus
The chairman of the Federal Reserve was on Capitol Hill on Tuesday, testifying as part of his “Semiannual Monetary Policy Report to the Congress,” and his assessment of the economy, at least for the short term, wasn’t particularly cheerful.
Economy Watch: Shoppers Not Shopping Quite as Much This Summer
In synch with the generally grumpy mood consumers have been in lately, U.S. retail sales dropped 0.5 percent in June compared with May, according to the Census Bureau.
Economy Watch: Consumer Sentiment Takes a Dip
The preliminary Reuters/University of Michigan consumer sentiment index for July, which was reported on Friday, was down to 72.0 from the June reading of 73.2.
‘Economy Watch’ Podcast with Dees Stribling: The U.S. Economy Has Hit Another Bump in the Road
The U.S. economy has hit another bump in the road.
Economy Watch: Weekly Unemployment Claims Surprise on Low Side
The U.S. Department of Labor reported a surprisingly large drop in the number of initial unemployment claims on Thursday.
Economy Watch: No Clarity From Fed on QE3
The Federal Reserve Open Market Committee recently released the minutes of its latest meeting, and in its usual opaque way, didn’t convey to investors’ satisfaction many hints of whether the central bank was ready to prime the pump of the economy again.