Economic indicators

The region's non-manufacturing sector “continued to expand,” this month's Federal Reserve Bank of Philadelphia Report on Business, released Tuesday, indicates.

Texas factory activity, as measured by the production index, “increased for the 10th consecutive month in April,” according to the monthly Texas Manufacturing Outlook Survey conducted by the Federal Reserve Bank of Dallas, released Monday.

GDP and profits are expected to continue growing, a study out Monday shows.

The Chicago Fed National Activity Index for March decreased to 0.08 from a downwardly revised 0.27 in February, the Federal Reserve Bank of Chicago reported Monday.

Puerto Rico got positive revenue and economic news for March.

Existing home sales gained 4.4% to a seasonally adjusted 5.71 million-unit rate in March from a revised 3.9% decline to 5.47 million sales pace the previous month, the National Association of Realtors announced Friday.

The composite index of Leading Economic Indicators was up 0.4% in March following a revised 0.5% increase in February, first reported as a 0.6% gain, the Conference Board reported Thursday.

The region's manufacturing sector expanded in April, but at a slower pace than in March,this month's Federal Reserve Bank of Philadelphia Report on Business indicates.

Initial claims for U.S. state unemployment benefits rose by 10,000 to 244,000 in the week ended April 15, slightly ahead of the 242,000 level analysts expected, data released by the Labor Department Thursday showed.

The Federal Reserve's latest report of economic conditions Wednesday found all 12 regional Fed districts reporting their regional economies cruising along at a modest or moderate pace, with businesses remaining optimistic on growth in the face of continued policy uncertainty.

The Treasury Department Tuesday auctioned $55 billion of four-week bills at a 0.750% high yield, a price of 99.941667.

Output at U.S. manufacturers fell in March by the most since August as production of automobiles and parts and business equipment declined, Federal Reserve data showed on Tuesday.

The pace of housing starts slowed by 6.8% to a 1.215 million seasonally adjusted annual rate in March, below expectations for a decline to a 1.238 million pace, data reported by the Commerce Department Tuesday morning showed.

Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.820% high rate, down from 0.825% the prior week, and the six-months incurred a 0.945% high rate, down from 0.950% the week before.

The Treasury Department said Monday it will sell $55 billion of four-week discount bills Tuesday.

Confidence among U.S. home builders cooled in April after jumping a month earlier to the highest level since mid-2005, according to data Monday from the National Association of Home Builders/Wells Fargo.

Business activity grew at a more subdued pace in New York State, according to firms responding to the April 2017 Empire State Manufacturing Survey.

The University of Michigan's preliminary April consumer sentiment index reading was 98.0, compared to the final March 96.9 and the preliminary March 97.6, according to market sources.

Initial claims for U.S. state unemployment benefits slipped 1,000 to 234,000, the lowest in six weeks, the Labor Department reported Thursday.

The March producer price index slipped 0.1%, slightly less than expected, the Labor Department reported Tuesday.