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Consumer Confidence Falters In April
The Consumer Confidence Survey, a closely watched sentiment index, which had strengthened in recent months, took a step back in April, with that metric, put out by the Conference Board, falling from an upwardly revised March reading of 101.4 to 95.2 this month. Initially, the March tally had been estimated at 101.3. Read more
New Home Sales Weaken In March
Following a strong report on sales of previously owned homes during March, which was issued yesterday morning, at this time, the government has just issued data on the much smaller and considerably more volatile new home sales market for March. And the results were not uplifting, to say the least. Read more
Existing Home Sales Spike In March
Following a series of inconsistent, and at times disappointing, reports on the housing sector, the National Association of Realtors (NAR) has just chimed in with an encouraging metric on existing home sales. On point, while a modest increase from the prior month had been expected, the trade group reported that sales of previously owned homes had jumped to a seasonally adjusted annualized rate of 5.19 million homes last month. Read more
Housing Starts Gain Slightly in March, But Still Disappoint
At 8:30 A.M. (EDT), the Department of Housing and Urban Development reported data on new residential construction for the month of March. At first blush, the data looked mixed, as both building permits and housing starts showed some signs of continued unevenness. Read more
The Beige Book Is Generally Well Received
The Federal Reserve's widely anticipated and closely monitored Beige Book economic summation was issued earlier this afternoon, and it provided few surprises. It also was generally well received, inducing an already strong stock market to head even higher after its 2:00 PM (EDT) release. Read more
Industrial Production Declines Sharply In March
On the heels of a stronger, albeit slightly disappointing, issuance yesterday on March retail spending, the Federal Reserve just moments ago reported that industrial production at the nation's factories, mines, and utilities had fallen by 0.6% during that same month. That decline was double the anticipated pullback. Read more
Retail Sales Strengthen In March 2015
The Commerce Department issued some upbeat metrics this morning when the government reported that retail spending recovered nicely in March, posting its initial gain of the year. In all, Commerce affirmed that retail sales rose 0.9% last month. Although that was below expectations calling for an increase of 1.1%, the result was still an appreciable improvement over the weather-impacted February decline of 0.5%. Read more
Non Manufacturing Activity Largely Holds Steady In March

The non-manufacturing sector largely held steady in March, registering a result of 56.5 for the month. That was off just nominally from the 56.9 score inked in February, and the expectation of that amount for the latest month. Still, such a result suggested that growth remained rather appreciable in the services sector. This business category accounts for some two-thirds of the total economic output for the nation.

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Manufacturing Activity Growth Turns Sluggish In March 2015
The Institute for Supply Management, a trade group, affirmed that manufacturing posted a March reading of 51.5. To be sure, such an outcome did reveal some further growth, as the metric came in above the 50.0 dividing line between growth and contraction. However, the result was less than the 52.5 tabulation that had been expected, and was even further shy of the 52.9 reading estimated for February.
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Consumer Confidence Improves In Late Winter
In an economy looking for a touch of good news these days, the Conference Board just provided it, as that research organization reported that its monthly survey on consumer confidence had come in well ahead of expectations and also reversed the prior month's somewhat disappointing performance in this area. Read more
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