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U.S. Import Prices Decline More Than Expected In July
(RTTNews) - Reflecting a sharp pullback in prices for fuel imports, the Labor Department released a report on Friday showing U.S. import prices fell by more than expected in the month of July.
The Labor Department said import prices slumped by 1.4 percent in July after rising by an upwardly revised 0.3 percent in June.
Economists had expected import prices to decline by 1.0 percent compared to the 0.2 percent uptick originally reported for the previous month.
The report also showed export prices tumbled by 3.3 percent in July after climbing by 0.7 percent in June. Export prices were expected to decrease by 1.1 percent.
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U.S. Manufacturing Index Unexpectedly Edges Lower In November
The Institute for Supply Management released a report on Monday unexpectedly showing a modest decrease by its reading on U.S. manufacturing activity in the month of November. The ISM said its manufacturing PMI slipped to 48.2 in November from 48.7 in October, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 49.0.
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2h 53min atrás
U.S. Mortgage Applications Grow Despite Rising Rates: MBA
Home loan applications approved and purchase activity in the U.S. increased in the week ended November 21 even as mortgage rates continued to climb, survey data from the Mortgage Bankers Association revealed on Wednesday.
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4 dias atrás
Chicago Business Barometer Unexpectedly Plunges In November
MNI Indicators released a report on Wednesday unexpectedly showing a steep drop by its reading on Chicago-area business activity in the month of November. The report said the Chicago business barometer plunged to 36.3 in November after climbing to 43.8 in October, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 44.3.
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5 dias atrás
U.S. Durable Goods Orders Climb 0.5% In September, More Than Expected
New orders for U.S. manufactured durable goods increased by more than expected in the month of September, according to a report released by the Commerce Department on Wednesday. The Commerce Department said durable goods orders climbed by 0.5 percent in September after spiking by an upwardly revised 3.0 percent in August. Economists had expected durable goods orders to rise by 0.3 percent.
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5 dias atrás
U.S. Weekly Jobless Claims Unexpectedly Dip To Seven-Month Low
A report released by the Labor Department on Wednesday showed an unexpected dip by first-time claims for U.S. unemployment benefits in the week ended November 22nd. The Labor Department said initial jobless claims slipped to 216,000, a decrease of 6,000 from the previous week's revised level of 222,000. Economists had expected jobless claims to inch up to 225,000.
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5 dias atrás
U.S. Durable Goods Orders Climb More Than Expected In September
New orders for U.S. manufactured durable goods increased by more than expected in the month of September, according to a report released by the Commerce Department on Wednesday.
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5 dias atrás
U.S. Weekly Jobless Claims Unexpectedly Edge Lower
A report released by the Labor Department on Wednesday showed an unexpected dip by first-time claims for U.S. unemployment benefits in the week ended November 22nd.
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5 dias atrás
U.S. Business Inventories Unexpectedly Unchanged In August
Business inventories in the U.S. unexpectedly came in flat in the month of August, according to a report released by the Commerce Department on Tuesday. The Commerce Department said business inventories were virtually unchanged in August following a downwardly revised 0.1 percent uptick in July.
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6 dias atrás
