Consumer confidence crushed expectations in October, flying by a seven-month high hit in August. » Read More
U.S. wholesale inventories were expected to rise by 1 percent in August.
Non-manufacturing economic activity rose in September more than economists polled by Reuters anticipated.
The consumer sentiment index, a survey of consumers by The University of Michigan, declined to 95.1 in a final reading for September.
Sales of new U.S. single-family homes unexpectedly fell in August, hitting their lowest level in eight months.
The U.S. National Home Price Index rose 5.9 percent in July, beating estimates of economists polled by Reuters.
Leading indicators increased in August by 0.4 percent, more than expected.
There was already a labor shortage in the construction industry, and two severely damaging hurricanes only made matters worse.
The consumer sentiment index, a survey of consumers by The University of Michigan, was expected decline to 95.1 in September.
Nonmanufacturing economic activity in August matched expectations.
Economists polled by Reuters expected factory goods orders dropped 3.3 percent in July.
The U.S. manufacturing index registered 58.8 in August, up from 56.3 in July.
American consumers remain a powerful economic force even as wage hikes frustratingly lag, says Michael Scanlon, porftolio manager, Manulife Asset Management.
A major indicator of consumer optimism rose to 122.9 in August.
The S&P CoreLogic Case-Shiller home price index increased slightly from May to June, while a key composite held steady.
The Small Business Jobs Index declined 0.02 percent from last month and 0.74 percent from a year earlier.
The consumer sentiment index rose to 97.6 in August, in a survey of consumers by The University of Michigan.
Leading indicators increased in July, in-line with expectations and continuing momentum of an improving economic outlook.
The number of openings was at 6.2 million on the last business day of the month, the report from the Labor Department said.
The U.S. manufacturing index hit 56.3 in July, coming in just below the 56.5 expected by economics polled by Reuters.