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ECONOMIC UPDATES

Monday, June 11

Last Week in the News -------------------------------------------------------------------------------- The trade deficit decreased to $50.1 billion in April from a revised $52.6 billion in March. Exports fell 0.8% to $182.9 billion. Imports fell 1.7% to $233 billion.The Institute for Supply ...


ECONOMIC UPDATES

Tuesday, May 29

Last Week in the News-------------------------------------------------------------------------------- Existing home sales rose 3.4% in April to a seasonally adjusted annual rate of 4.62 million units from a downwardly revised 4.47 million units in March. The inventory of unsold homes on the ma...


ECONOMIC UPDATES

Thursday, May 17

Last Week in the News -------------------------------------------------------------------------------- The Reuters/University of Michigan consumer sentiment index for May's preliminary reading rose to 77.8 from 76.4 at the end of April. It was the highest reading since January 2008.The Mortga...


ECONOMIC UPDATES

Monday, May 07

Last Week in the News-------------------------------------------------------------------------------- The Commerce Department reported that consumer spending rose $32.3 billion or 0.3% in March, just one-third of February's increase. Personal income in March increased $50.3 billion or 0.4%,...


ECONOMIC UPDATES

Wednesday, May 02

Last Week in the News -------------------------------------------------------------------------------- Pending home sales, a forward-looking indicator based on signed contracts, rose 4.1% in March, the highest level since April 2010, after an upwardly revised 0.4% increase in February. On a year-...


ECONOMIC UPDATES

Tuesday, April 24

Last Week in the News -------------------------------------------------------------------------------- Retail sales rose 0.8% to $411.1 billion in March. This follows a downwardly revised 1% increase in February. On a year-over-year basis, retail sales increased 6.5%.The National Association ...