- Real GDP increased at an annual rate of 2.4% in the fourth quarter of 2013, after increasing 4.1% in the previous quarter.
- The price index for gross domestic purchases increased 1.5% in the fourth quarter, compared to an increase of 1.8% in the previous quarter.
- Personal income increased 0.3%, in January, while personal consumption expenditures increased 0.4%.
- The price index for personal consumption expenditures increased 0.1% in January. The price index (headline index) was up 1.2% from January 2013, while the core index was up 1.1%
- New orders for manufactured durable goods decreased 1.0% in January.
- January new home sales increased 9.6% to an annualized rate of 468 thousand units.
- The results of Freddie Mac’s Primary Mortgage Market Survey of February 28th showed average fixed mortgage rates moving higher.
- Mortgage applications decreased 8.5% from a week earlier, according to data from Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending February 21.
- The advance figure for initial claims for unemployment insurance increased 14 thousand to 348 thousand in the week ending February 22.
- The Conference Board’s consumer confidence index decreased again in February.
- The Thomson Reuters/University of Michigan Index of Consumer Sentiment edged up in February.
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