U.S. economy seen growing 1.2 percent in third quarter: Atlanta Fed Aug 28, 2015 11:29AM

NEW YORK (Reuters) - The U.S. economy is on track to grow 1.2 percent in the third quarter on data showing a decline in consumer spending on services in July, the Atlanta Federal Reserve's GDPNow forecast model showed on Friday.

This was weaker than the regional Fed bank's prior estimate on Wednesday of a 1.4 percent rise in gross domestic product, the Atlanta Fed said on its website.

The Atlanta Fed said the weakness in real services... (continue reading...)

U.S. consumer sentiment falls in August Aug 28, 2015 10:07AM

NEW YORK (Reuters) - U.S. consumer sentiment fell in August, a survey released on Friday showed.

The University of Michigan's final August reading on the overall index on consumer sentiment came in at 91.9, down from 93.1 in July.

It was lower than the survey's preliminary reading of 92.9.

The final reading was the lowest since May and was below the median forecast of 93.0 among economists polled by Reuters.

... (continue reading...)
U of M Sentiment 91.9 vs 93 Expected Aug 28, 2015 10:00AM

U of M Sentiment 91.9 vs 93 Expected

Final Results for August 2015 AugJulAugM-MY-Y 201520152014ChangeChangeIndex of Consumer Sentiment91.993.182.5-1.3%+11.4%Current Economic Conditions105.1107.299.8-2.0%+5.3%Index of Consumer Expectations83.484.171.3-0.8%+17.0% Next data release: September 11, 2015 for Preliminary September data at 10am ET Surveys of Consumers chief economist, Richard CurtinHow will consumers react to volatile stock prices? The Black Mondays of October... (continue reading...)
Brazil economy sinks into worse-than-expected recession Aug 28, 2015 09:33AM

By Brad Haynes

SAO PAULO (Reuters) - Brazil's economy shrank 1.9 percent in the second quarter, sinking into a recession that has hammered the popularity of President Dilma Rousseff as she struggles to save the country's investment-grade credit rating amid a vast corruption scandal.

The quarterly contraction, reported by government statistics agency IBGE on Friday, was bigger than the median forecast of a 1.7 percent drop in a Reuters poll.

... (continue reading...)
Autos lift U.S. consumer spending; sentiment slips Aug 28, 2015 08:36AM

By Lucia Mutikani

WASHINGTON (Reuters) - U.S. consumer spending rose in July as households stepped up automobile purchases, offering further evidence of strength in the economy that keeps the door open to a Federal Reserve interest rate hike this year.

While other data on Friday showed consumer sentiment dipped in August, likely as households fretted over a recent stock market sell-off, confidence remained at levels consistent with solid... (continue reading...)

More Economic Data

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Aug 28, 2015 08:30AM July Personal Income 0.4% vs 0.4% Expected; Spending 0.3% vs 0.4%
Aug 27, 2015 11:00AM Kansas City Fed Manf. Activity -9 vs -4 Expected
Aug 27, 2015 10:30AM UPDATE: Natural Gas Inventory 69 bcf vs 60 bcf Expected
Aug 27, 2015 10:03AM Pending home sales rise in July
Aug 27, 2015 10:00AM MoM Pending Home Sales 0.5% vs 1% Expected
Aug 27, 2015 08:35AM Jobless claims fall more than expected
Aug 27, 2015 08:30AM Initial Jobless Claims 271K vs 274K Expected
Aug 27, 2015 08:30AM Q2 GDP 3.7% vs 3.2% Expected
Aug 26, 2015 01:27PM TrueCar Projects August SAAR Increase of 17.4M Units
Aug 26, 2015 10:34AM UPDATE: EIA Crude Inventory Data Shows Sharp Decline
Aug 26, 2015 09:17AM U.S. housing market seen strong enough to handle Fed rate hikes: Reuters poll
Aug 26, 2015 08:39AM Strong capital spending plans boost growth outlook
Aug 26, 2015 08:30AM Durable Goods Orders 2% vs -0.4% Expected, Ex-Trans 0.6% vs 0.3%
Aug 26, 2015 08:23AM China August official factory PMI seen shrinking to three-year low
Aug 26, 2015 07:07AM Mortgage applications inch up in latest week: MBA
Aug 26, 2015 07:00AM MBA Mortgage Applications 0.2% vs 3.6% Prior
Aug 25, 2015 10:41AM CBO Now Sees Slower GDP Growth for 2015; Updates on Outlook Through 2025
Aug 25, 2015 10:13AM Consumer confidence, housing data signal economy's resilience
Aug 25, 2015 10:08AM New home sales rebound in July, supply improves
Aug 25, 2015 10:00AM Richmond Fed Manf. Index 0 vs 10 Expected
Aug 25, 2015 10:00AM Consumer Confidence Index 101.5 vs 93.4 Expected
Aug 25, 2015 10:00AM July New Home Sales 507K vs 510K Expected
Aug 25, 2015 09:50AM Services sector growth slows in August: Markit
Aug 25, 2015 09:45AM Markit US Services PMI 55.2 vs 55.1 Expected; Composite PMI 55
Aug 25, 2015 09:06AM Home price growth edges up in June: S&P/Case-Shiller
Aug 25, 2015 09:01AM FHFA House Price Index 0.2% vs 0.4% Expected
Aug 25, 2015 09:00AM S&P/Case-Shiller MoM 20 City Index -0.12% vs 0.12% Expected
Aug 24, 2015 08:30AM Chicago Fed Nat Activity Index 0.34 vs 0.20 Expected
Aug 21, 2015 09:52AM Factory activity slows in August: Markit
Aug 21, 2015 09:45AM Markit US Manufacturing PMI 52.9 vs 53.8 Expected
Aug 21, 2015 06:44AM China Manufacturing PMI Slips to 77-Month Low in August (MCHI) (GXC) (FXI)
Aug 20, 2015 10:32AM UPDATE: Weekly Natural Gas Inventory Increases Less Than Expected
Aug 20, 2015 10:22AM U.S. leading indicator slip on building permits
Aug 20, 2015 10:19AM Philly Fed factory activity picks up in August
Aug 20, 2015 10:03AM Existing home sales rise to eight-year high
Aug 20, 2015 10:01AM Leading Index -0.2% vs 0.2% Expected
Aug 20, 2015 10:01AM Philly Fed 8.3 vs 6.5 Expected
Aug 20, 2015 10:00AM Existing Home Sales 5.59M vs 5.43M Expected
Aug 20, 2015 08:33AM Home sales near eight-and-a-half-year high, brighten economic outlook
Aug 20, 2015 08:30AM Initial Jobless Claims 277K vs 271K Expected
Aug 19, 2015 10:36AM Weekly Crude Inventory Increases More Than Expected
Aug 19, 2015 08:30AM July MoM CPI 0.1% vs 0.2% Expected; Ex-Food & Energy 0.1% vs 0.2%
Aug 19, 2015 07:08AM Mortgage applications up in latest week: MBA
Aug 19, 2015 07:00AM MBA Mortgage Applications 3.6% vs 0.1% Prior
Aug 18, 2015 12:56PM Home Appliance Shipments Rose 11.2% in July - AHAM
Aug 18, 2015 08:33AM Housing starts near eight-year high, but permits fall
Aug 18, 2015 08:30AM July Housing Starts 1206K vs 1180K Expected, Permits 1119K vs 1228K
Aug 17, 2015 10:10AM Home builder sentiment rises in August: NAHB
Aug 17, 2015 10:00AM NAHB Housing Market Index 61 vs 61 Expected
Aug 17, 2015 08:34AM New York state factory activity tumbles to lowest since 2009: NY Fed
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