U.S. new home sales advanced more than forecast in April

Source: RTT News
© Scanpix/RS
New home sales in the U.S. increased more than economists expected in April signaling that U.S. housing market improves, a report revealed by the Commerce Department unveiled on Thursday. The report showed that new home sales jumped by 2.3% from a revised level of 444,000 recorded in March to a seasonally adjusted 454,000 in April.

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Fri, 24 May 2013 14:07:21 GMT

Italy's consumer confidence drops in May

Consumer confidence in Italy dropped surprisingly in May largely due to a decrease of the economic climate index falling from 73.3 in April to 70.57 recorded in May, a survey released by the statistical office Istat showed on Friday. The consumer confidence index declined from 86.3 in April to 85.9 in May, while it was originally forecast to score 86.9.

Fri, 24 May 2013 13:23:12 GMT

U.S. jobless claims fall faster than forecast

Initial claims for unemployment benefits in the U.S. decreased at a faster-than-expected pace in the week ended on May 18, the latest report released by the Labor Department unveiled on Thursday. According to the report, first-time jobless claims fell by 23,000 dropping to 340,000 to a level of 363,000 recorded in the previous week.

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