Economic Indicators
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Home prices rise in 88% of U.S. cities as market gains
Prices for single-family homes climbed in almost 88 percent of U.S. cities in the fourth quarter as the housing recovery broadened. more
Home prices climb by most in 6 years as U.S. market firms
Home prices in 20 U.S. cities rose in November from a year earlier by the most in more than six years, indicating the U.S. housing rebound is gaining ground. more
U.S. stock futures decline amid earnings ahead of housing data
U.S. stock-index futures fell, after benchmark indexes climbed to five-year highs last week, as investors weighed corporate earnings and awaited a report on existing home sales. more
Jobless claims in U.S. unexpectedly increased last week
More Americans than forecast filed applications for unemployment benefits last week, a sign improvement in the labor market remains uneven. more
Short holiday work week sees jobless claims fall in U.S.
Fewer Americans than forecast filed claims for unemployment insurance last week as state offices rushed to tally the data in a holiday-shortened period. more
U.S. holiday sales rise 0.7% as Washington hurts confidence
U.S. holiday sales growth slowed by more than half this year after gridlock in Washington soured consumers’ moods and Hurricane Sandy disrupted shopping, MasterCard Advisors SpendingPulse said. more
Demand for U.S. goods climbed more than forecast in November
Demand for goods such as machinery and electronics climbed more than forecast in November, showing U.S. companies are planning to expand next year as they look beyond the tax increases and spending cuts slated to take effect. more
Gasoline at U.S. pumps drops to lowest in a year on supplies
Retail gasoline prices in the U.S. fell to the lowest level in a year as refineries restored production and stockpiles rose to the most in eight months, blunting criticism of President Barack Obama’s energy policies. more
Consumer prices in U.S. fell more than forecast in November
The cost of living fell more than forecast in November as energy prices dropped, a sign U.S. inflation remains in check. more
Foreclosure starts fall 13% in Providence metro area
Lenders initiated 13 percent fewer foreclosures in the Providence-Fall River-New Bedford area in November then they did during the same period in 2011, ReatyTrac said Thursday. more
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