Economic indicators

The University of Michigan's final October consumer sentiment index reading was 100.6.

Third quarter GDP rose 3.0% in the advance estimate, stronger than the 2.7% pace expected.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "posted strong growth and expectations about future activity improved further."

Pending home sales remained at an index reading of 106.0 in September, after a revision to August’s level.

Initial claims U.S. state unemployment benefits rose by 10,000 to 233,000 in the October 21 week.

The pace of new single-family home sales increased sharply by 18.9%, the largest percent change since January of 1992.

The value of U.S. durable goods new orders rose 2.2% in September, well above expectations for a 1.1% increase.

Service sector activity “continued to see growth in October, with a slight increase in the revenues index.”

Manufacturing in the central Atlantic region “remained positive in October.”

The region's non-manufacturing sector “reported continued growth,” although the general business conditions index decreased to 32.2 in October from 33.2 in September.

The Chicago Fed National Activity Index for September increased to positive 0.17 from negative 0.37 in August.

Some softening in the third quarter business environment was suggested by the NABE October 2017 Business Conditions Survey.

Existing home sales grew 0.7% to a seasonally adjusted 5.39 million-unit rate in September.

The composite of the Leading Economic Index was down 0.2% in September following an upwardly revised 0.4% increase in August, first reported as a 0.3% gain.

Initial claims U.S. state unemployment benefits fell by 22,000 to 222,000 in the October 14 employment survey week.

The region's manufacturing sector expanded in October, at a faster pace than in September.

A destructive hurricane season caused significant disruptions along the Gulf Coast and the southeastern United States but businesses remained optimistic about growth over the medium term, the latest Federal Reserve Beige Book survey showed Wednesday.

The pace of housing starts fell by 4.7% to a 1.127 million seasonally adjusted annual rate in September.

The National Association of Home Builders' housing market index climbed to 68 in October from 64 in September.

Industrial production grew 0.3% in September, the Federal Reserve reported Tuesday.