Economics in a Nutshell Archive: August, 2013

Global exports helping US economy

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INDICATOR: Revised Second Quarter GDP/Weekly Jobless Claims KEY DATA: GDP: 2.5% (up from 1.7%)/Claims: 331,000 (down 6,000) IN A NUTSHELL:... Read more

Consumer confidence lags home price rise

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INDICATOR: August Conference Board Consumer Confidence/June S&P/Case-Shiller Home Prices KEY DATA: Confidence: 81.5 (up 0.5 point) /Case-Shiller:... Read more

Solid economic growth now does not compute

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INDICATOR: July Durable Goods Orders KEY DATA: Orders: -7.3%; Excluding Aircraft: -1.5%; Computers: -19.9%; Capital Expenditures: -3.3%; Backlogs:... Read more

Economy picking up steam

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INDICATOR: July Leading Indicators/Weekly Jobless Claims KEY DATA: Leading Indicators: +0.6%/Jobless Claims: 336,000 (up 13,000) IN A NUTSHELL:... Read more

Structurally stable, questionable foundation

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INDICATOR: July Existing Home Sales KEY DATA: Sales: (Monthly) up 6.5%; Year-over-Year: up 17.2%; Median Prices (Year-over-Year): up 13.7% IN... Read more

Inflation tame, labor market heating up

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INDICATOR: July Consumer Price Index/Weekly Jobless Claims KEY DATA: CPI: +0.2%; Excluding Food and Energy: +0.2%/Claims: 320,000 IN A NUTSHELL:... Read more

Consumer spending up, if you buy the stats

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INDICATOR: July Retail Sales/Import Prices KEY DATA: Retail Sales: +0.2%; Excluding Vehicles: +0.5%/Imports: +0.2%; Non-Fuel: -0.4% IN A... Read more

Trade deficit shrinking

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INDICATOR: June Trade Deficit/CoreLogic Home Prices KEY DATA: Deficit: $34.2 billion ($9.9 billion narrower)/CoreLogic Prices: +1.9% IN A... Read more