Economic indicators

Service sector companies “expanded moderately in March,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing growth in the central Atlantic region was “expanded at a slower pace in March.”

Home prices rose 6.2% on an annual basis in January, not seasonally adjusted, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, released Tuesday.

Texas factory activity, as measured by the production index, “continued to expand in March, albeit at a markedly slower pace than last month.”

The Chicago Fed National Activity Index for February increased to 0.88 from a downwardly revised 0.02 in January.

New single-family home sales pace slowed down slightly by 0.6% to 618,000, following sharp upward revisions to January, December, and November.

The value of U.S. durable goods new orders surged 3.1% in February, much stronger than the 1.7% increase expected by analysts in an MNI survey.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported high input and selling prices, suggesting growing inflation.

The composite of the Leading Economic Index was up 0.6% in February following a downwardly revised 0.8% increase in January, the Conference Board said Thursday.

Initial jobless claims rose 3,000 to 229,000 in the week ended March 17, the Labor Department said Thursday.

Existing home sales rose in February as sales gain in the West and South offset decreases in the Northeast and Midwest.

The U.S. current account deficit rose to $128.2 billion in the fourth quarter of 2017.

The indexes for prices paid and prices received rose in March.

The University of Michigan's preliminary March consumer sentiment index reading was 102.0, compared to the final February 99.7 and the preliminary February 99.9, according to market sources.

Industrial production grew 1.1% in February, the Federal Reserve reported Friday.

U.S. new-home construction cooled by more than expected in February on a reversal in the volatile multifamily category.

Prices received increased in March, to a level not seen in six years, while wage growth was steady.

Builders’ confidence in the market for new single-family homes remained high in March

U.S. import prices rose 0.4%, rising for the seventh consecutive month in February, with increases in all categories except fuels and lubricants and nonmetals related to durable goods.

Manufacturers report continued growth in March, but this month's Federal Reserve Bank of Philadelphia Report on Business also showed signs of cost pressures.