June | featured news

Durable goods orders ex-transportation fall in June

New orders for a range of long-lasting manufactured goods fell in June and a gauge of planned business spending plans dropped, pointing to a slowdown in factory activity. The Commerce Department said on Thursday durable goods orders excluding transportation dropped 1.1 percent, the biggest decline since January, after rising 0.8 percent in May. Economists had forecast this category being flat last month.


June consumer sentiment drops to six-month low

Consumer sentiment dropped to a six-month low in June as Americans' view of the economy soured, a survey released on Friday showed.


Home building jumps in June after dismal spring

Builders broke ground on more single-family homes and apartments in June, helping the battered construction industry gain a little life after a dismal spring.


June consumer prices record largest drop in a year

June consumer prices record largest drop in a year

Consumer prices fell slightly more than expected in June to post their biggest drop in a year on weak gasoline costs, government data showed on Friday, pointing to a cooling in commodity-driven inflation pressures.


ADP, Jobless Data Suggest Improvement

Private businesses added a stronger number of jobs in June than expected, according to ADP, while new claims for jobless benefits fell last week.


Consumer confidence falls in June: Conference Board

Consumer confidence fell in June to the lowest point since November 2010 on concerns about the slack labor market and sputtering recovery, according to a Conference Board report released on Tuesday.


Consumer sentiment worsens on economic jitters

U.S. consumer sentiment worsened more than expected in June on renewed concerns about the outlook for the economy, while worries about inflation eased modestly, a survey released on Friday showed.


Home prices rise in June, but a drop may be looming

The Standard & Poor's/Case-Shiller index shows a modest 1% gain over May figures, with prices in Los Angeles, San Diego and San Francisco increasing.


Dow Dips On Data After Pfizer, P&G Report

Personal incomes and spending come in flat for June, worse than the slight gains anticipated.

Senh: Dang it. All we need was about 300 points to get to 11,000. Oh well.


Consumer spending, personal incomes both weak in June

Consumer spending, personal incomes both weak in June

The pace of consumer spending stalled in June and personal incomes failed to increase, further evidence that the economic recovery slowed in the spring.


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