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Saturday’s: 9AM 1590 AM/97.9 FM KVTA
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The Philadelphia Fed manufacturing index in June retreated to a reading of 27.6 from 38.8 in May. Economists had expected a retreat because the May reading, next to February was the highest in more than 30 years.
READ MOREThe number of Americans who applied for unemployment benefits fell slightly in early July, reflecting an extremely low level of layoffs that has become the norm as an economic recovery stretches into its ninth year.
READ MOREThe number of Americans applying for and receiving benefits after losing their jobs keeps going lower and lower. Initial jobless claims fell by 8,000 to 237,000 in the seven days stretching from June 4 to June 10.
READ MOREMay housing starts fell 5.5% to an annual rate of 1.09 million, the lowest in eight months, while economists surveyed had been expecting a 5.1% rise to 1.23 million.
READ MORESales at retailers nationwide fell 0.2% last month to mark the second straight drop and match the biggest decline of the year. Sales also fell 0.1% in May, though fresh revisions show the decline was not as large as originally reported. The disappointing sales figures suggest the U.S. has not rebounded quite as strongly in
READ MOREThe cost Americans pay for goods and services was little-changed in June, larger reflecting lower gasoline prices but also showing that a recent surge in inflation has crested. The consumer-price index, or cost of living, was unchanged last month.
READ MORERates for home loans jumped in the latest reporting week, taking the benchmark back over a key threshold for the first time since May.
READ MOREA broad measure of how well the U.S. economy is performing surged in June after a strong gain in May, suggesting growth could speed up in the months ahead. The leading economic index jumped 0.6% last month after a revised 0.4% increase in May
READ MOREThe number of Americans who applied for unemployment benefits sank in mid-July and hovered near a 44-year low, reflecting the healthiest jobs market in more than a decade. Initial jobless claims in the period running from July 9 to July 15 fell by 15,000 to a seasonally adjusted 233,000. That matches the second-lowest level since
READ MOREManufacturers reported solid, but slowing, growth in July. The Philadelphia Federal Reserve said its manufacturing survey in July fell to 19.5 from 27.6 in June.
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