Consumer Confidence Falls to 7-Month Low

The Conference Board, New York, said its Consumer Confidence Index fell for the second consecutive month to its lowest level since February.

2nd Quarter GDP Stays Hot; Corporate Profits Surge

Real gross domestic product continued its hot pace in the second quarter, according to the second (revised) estimate released Thursday by the Bureau of Economic Analysis.

July New Home Sales Post 1% Increase

New single‚Äźfamily home sales posted a modest 1 percent increase in July amid more signs of a stabilizing housing market, HUD and the Census Bureau reported Tuesday.

Existing Home Sales Post Modest July Increase

Existing home sales rose for the second straight month to their highest level since March, the National Association of Realtors reported Monday.

July Leading Economic Index Sees 3rd Consecutive Increase

The Conference Board, New York, said its Leading Economic Index for the U.S. increased by 0.9 percent in July to 116.0, following a 0.5 percent increase in June and a 1.2 percent increase in May.

July Housing Starts Fall 7%

July housing starts fell by 7 percent, the Census Bureau reported yesterday, a disappointing result as home builders continue to be hamstrung by pipeline and labor shortages.

Hiring Heats Up in July

The labor market surged again in July with 943,000 new jobs created, the Bureau of Labor Statistics reported Friday.

2Q GDP Heats Up Some More

Real gross domestic product increased at an annual rate of 6.5 percent in the second quarter, according to the “advance” (first) estimate reported Thursday by the Bureau of Economic Analysis.

June New Home Sales Down 6.6%

June new home sales fell well below consensus expectations, HUD and the Census Bureau reported Monday, though analysts did not appear to be too worried by the results.