The government today reported a decline in its main economic forecasting thermometer coupled with plunging new home sales, reaffirming analysts' projections that any major turnaround in a lukewarm U.S. economy is still months away.
The stock market was mixed Monday as investors awaited the latest report on President Reagan's health following abdominal surgery.
Italy's unadjusted index of industrial production rose 7.8% in April over a year ago and was up 1.5
The stock market turned in a mixed performance Tuesday as traders were hit with a surprise switch in the Reagan Administration lineup, a swap of jobs by the Treasury secretary and White House chief of staff.
Stock prices retreated broadly Friday as the market calmed down after a hectic week.
Dow Jones & Co. shuffled the stocks in its widely followed industrial average Wednesday, dropping Owens-Illinois Inc. and Inco Ltd. in favor of Coca-Cola Co. and Boeing Co.
The economy continued its expansion in April, with the National Association of Purchasing Management's composite index rising to 54.2% from 53.9%.
Stocks extended their broad retreat in a turbulent session Friday, although prices rebounded from their worst levels.
The National Assn. of Realtors said its affordability index fell to 97.8% in October from a six-year high of 98.3% in September.
The government's main barometer of future economic performance--the index of leading indicators
Stock prices dropped Thursday for the third time this week in reaction to more economic bad news and uncertainties about the Soviet nuclear disaster, but the selloff was less severe than in the previous session.
to the National Assn. of Realtors' Housing Affordability Index.
The government's gauge of future economic activity surged 1.7% in January, the Commerce Department reported Friday, offering some assurance that the economic recovery should continue this year.
The stock market finished mixed today after an early rally faded.
The California Assn. of Realtors said its index--which measures how many households can afford the
Companies placed slightly fewer ads for new personnel in April than they did in March, but the overall demand remained substantially higher than a year ago, a business research group reported.
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recently overhauled its widely followed consumer price index.
The stock market closed out its worst week so far in 1985 with another decline in slackened trading Friday.
The index of leading economic indicators dropped 0.2% in March, the Commerce Department said today