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3 Experts Weigh In Before Retail Sales Report
Wednesday, June 10, 2015 - 4:48pm | 603The U.S. Census Bureau will release its inflation-adjusted retail sales figures for the month of May tomorrow at 8:30 a.m. ET. Forecasts expect a 1.1 percent increase month-over-month. In April, retail sales were flat. Retail sales are considered the foremost indicator of consumer spending, which...
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Markets Rattled By Weak December Retail Sales
Wednesday, January 14, 2015 - 10:12am | 183S&P 500 and Dow Jones Futures each fell more than 1 percent following disappointing retail sales news, while the yield on 10-year U.S. Treasuries fell to 1.79 percent. According to the U.S. Census Bureau, December retail trade sales were down 1.1 percent (±0.5 percent) from November...
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Housing Starts Plummet 16.5 Percent, Building Permits Surge 14.3 Percent
Thursday, May 16, 2013 - 10:53am | 653The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced new residential construction statistics for April 2013. The data include building permits, housing starts and housing completions. Of the three, housing starts are the most important indicator for...
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Retail Sales Unexpectedly Advance 0.1 Percent, Details Stronger
Monday, May 13, 2013 - 10:01am | 660At first blush, retail sales posted a seemingly-anemic gain 0.1 percent gain in April after dropping a revised 0.5 percent in March, a bigger drop than the 0.4 percent decline originally reported. Expectations were for a 0.3 percent drop. The U.S. Census Bureau announced Monday that advance...
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Trade Deficit Drops on Falling Imports
Thursday, May 2, 2013 - 12:09pm | 652The trade deficit fell 11 percent as imports fell more than exports. While a drop in imports adds to GDP, as imports are a subtraction from domestic economic output, it could signal companies may desire to keep inventories low if they expect weaker sales ahead. The 0.4 percent dip in retail sales...
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Census Bureau: Poverty Rate Rises To 14.4%
Thursday, September 16, 2010 - 1:40pm | 107The Census Bureau reported a rise in the poverty rate to 14.3% in 2009, from 13.2% in 2008. This represents the highest poverty rate since 1994. According to last year's data, there were around 43.6 million people in poverty. Real median income for family households dropped 1.8%, and gained 1.6%...
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We Just Lived Through A Lost Decade (AAPL, VZ, GS)
Tuesday, August 17, 2010 - 10:36am | 866The talk on Wall Street, in academia and among policymakers has centered on whether or not America is entering a Japanese-style, deflationary “Lost Decade.” But by many metrics — and for many Americans — this is old news. Take the stock market, for example. For the past generation, many investors...