Real gross domestic product increased at an annual rate of 2.9 percent in the third quarter, according to the “second” (revised) estimate released Wednesday by the Bureau of Economic Analysis.
Tag: Tim Quinlan
Consumer Confidence Falls to 4-Month Low
The Conference Board, New York, said its Consumer Confidence Index fell in November, its second consecutive monthly drop to its lowest level since August.
October Consumer Confidence Stumbles
The Conference Board, New York, reported its Consumer Confidence Index fell in October after back-to-back monthly gains. The Index fell to 102.5, down from 107.8 in September.
Gas Prices Drop; Consumer Confidence Rises to 4-Month High
Gas prices fell to a four-month low this month; conversely, consumer confidence rose to a four-month high, The Conference Board reported Tuesday.
June Construction Spending Down; Manufacturing Slows
Construction spending in June fell by more than 1 percent from May, the Census Bureau reported Monday. In a separate report, Institute for Supply Management, Tempe, Ariz., said its Manufacturing Index fell by 0.2 percent to a nearly two-year low.
Inflation, Rising Interest Rates Cool Consumer Confidence
The Conference Board, New York, said its Consumer Confidence Index decreased slightly in May, following a small increase in April.
1st Quarter GDP Falls 1.4%
U.S. gross domestic product fell for the first time in two years, the Bureau of Economic Analysis reported Thursday, although analysts did not seem overly concerned.
April Consumer Confidence Ticks Down
The Conference Board, New York, reported its Consumer Confidence Index decreased slightly in April, following an increase in March.
Initial Claims Hold Near 52-Year Lows; Leading Economic Indicators Improve
Initial claims for unemployment insurance hovered near historic lows last week, the Labor Department reported Thursday. In a separate report, the Conference Board, New York, reported its Leading Economic Index rose in March, the second consecutive monthly improvement.
March Consumer Confidence Improves
The Conference Board, New York, reported its Consumer Confidence Index increased for the first time this year, albeit just slightly.