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U.S. Service Sector Expands at a Slower Rate in March: ISM Report

Business activity in the service sector increased at a slower rate in March 2007, according to the latest ISM report by the nation's purchasing and supply executives. The index of business activity in the non-manufacturing sector registered 52.4 in March, down from 54.3 in February. Wall Street was expecting a reading of 54.7. The index is at its lowest level since April 2003.

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Home Prices Grow at Slowest Pace in 10 Years; Consumer Confidence Up

Home-price increase of 1.3% was the slowest pace in more than 10 years in the 12 months ending in November, according to S&P/Case-Shiller home-price index by MacroMarkets and Standard & Poor's. 

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Index of U.S. Leading Economic Indicators Rose 0.3% in December

The Index of Leading Economic Indicators in U.S. increased 0.3% in December, following a revised flat figure in November and a slight decline in October, according to the Conference Board. The coincident index increased 0.2% and the lagging index increased 0.9% in December.

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Empire State Index Falls Abruptly in January

The New York Fed's "Empire State" general factory conditions index for January fell sharply to 9.13 from 22.19 in December and its lowest since mid-2005, according to New York Federal Reserve. Economists polled by Reuters had expected a January reading of 20.00.

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Confident Consumers See Brighter Future in 2007: RBC CASH Index

U.S. consumer confidence soared at the start of the new year, as Americans are feeling much more optimistic about their economic future than they were at the close of 2006, according the RBC CASH (Consumer Attitudes and Spending by Household) Index.

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88% of Americans Support Social Security Reform; 78% for Raising Minimum Wage: Harris Poll 

Some 88% of American public would support reform to ensure that the Social Security fund has enough money to provide benefits for all Americans for the next 50 years, according to a latest survey by Harris Poll. 

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Key U.S. Economic Indicators for Today: ISM Services Slows; Factory Orders Up

Here is a quick summary of the key U.S. economic indicators released today: ISM Services Index slows; Factory Orders increased; Pending Home Sales eased; December retail sales rose 3.1%; Auto Sales decline; Challenger layoff report; and Monsters Online Employment report.

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Key U.S. Economic Indicators for Today: ISM Up; Construction Spending Down

Here is a quick summary of the key U.S. economic indicators released today: ISM Manufacturing Index jumped; Construction spending edged down; U.S. chain store sales increased 0.3% last wee; Mortgage applications rose 3.6% in December; and ADP employment report shows decline in private sector employment. 

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U.S. Economic Indicators This Week: Home Sales Up; Confidence Rose; Jobs Strong

This week saw a slew of good economic indicators in U.S., as consumer confidence jumped at an 8 month high, new homes sales and existing homes sales showing positive turns, and the job market resilient with only 1,000 rise in jobless claims. 

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CEO Confidence Index Rose 6 Points 

The Chief Executive Magazine's November CEO Confidence Index rose 6.0 points according to 212 top executives polled. This leading economic indicator has risen every month since September. 

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