This brief article, organized in a question and answer format, will help you quickly learn how to navigate valueline.com.
Existing home sales
increased to an annualized rate
of just over five million residences
. That was the first time that sales had topped that plateau since last October.
To help our digital subscribers navigate Value Line’s recently redesigned website, we have prepared a series of videos which we are confident you will find helpful. We recommend that you print out this transcript so it can be used as a reference aid after you watch the video to make things easier when using our new website.
In order to quickly and efficiently help you with our new website, we have created a brief tutorial on how to access the important information needed in order to get the most out of your Value Line subscription.
The Department of Housing and Urban Development reported data on new residential construction
for the month of June
. At first blush, the data looked disappointing
, as both building permits
and housing starts fell
on a month-to-month basis.
The Federal Reserve's Beige Book
held few surprises, and hence, no disappointments of note. Essentially, this summary of business conditions across the country observed that labor market conditions
, while only two of the 12 Federal Reserve Districts, Boston and Richmond, reported any slowing in overall economic growth
since the last such report was prepared in May.
The nation's industrial base
improved somewhat in June, albeit just not as much as had been generally expected. To wit, overall output climbed 0.2% last month. In May, the increase had been 0.5%. Expectations for the latest month had been for an increase of 0.4%.
is starting to become at least a modest concern these days, as the Labor Department reported that the Producer Price Index
rose by 0.4% in June. That gain, which was largely occasioned by a 2.1% surge in energy prices, compared unfavorably with a decline of 0.2% in May.
For more than 80 years, through both bull and bear markets, Value Line's commitment to our subscribers has never wavered. I am very proud of Value Line's history and legacy, which is why I am particularly excited to introduce our completely new digital format. We have put together a unique platform that was specifically designed to help our subscribers make even faster, more confident investment decisions.
The U.S. Commerce Department
, within the past hour, reported that retail sales rose modestly in June, with such activity gaining 0.2% for the month. That modestly respectable result, while less impressive than the upwardly revised May gain of 0.5%, still suggests that the nation's economy pressed forward nicely in the April-through-June period, following a plunge of 2.9% in the weather-encumbered opening stanza.