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U.S. Producer Prices Unexpectedly Edge Down 0.1% In February
(RTTNews) - Producer prices in the U.S. unexpectedly edged slightly lower in the month of February, according to a report released by the Labor Department on Wednesday.
The Labor Department said its producer price index for final demand slipped by 0.1 percent in February after rising by a downwardly revised 0.3 percent in January.
Economists had expected producer prices to increase by 0.3 percent compared to the 0.7 percent advance originally reported for the previous month.
The report also showed the annual rate of growth by producer prices slowed to 4.6 percent in February from 5.7 percent in January. The year-over-year growth was expected to slow to 5.4 percent.
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U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by slightly more than previously estimated in the month of June. The University of Michigan said its consumer sentiment index for June was upwardly revised to 60.7 from a preliminary reading of 60.5.
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Před 14 h 13 min
U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates
While the Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. crept up in line with expectations in the month of May, the report also showed core consumer prices rose by slightly more than expected. The report said the personal consumption expenditures (PCE) price index inched up by 0.1 percent in May, matching the uptick seen in April.
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Před 14 h 37 min
U.S. Consumer Prices Inch Up 0.1% In May, In Line With Estimates
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. crept up in line with expectations in the month of May.
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Před 16 h 5 min
U.S. Pending Home Sales Unexpectedly Rebound In May
The National Association of Realtors released a report on Thursday showing an unexpected rebound by pending home sales in the U.S. in the month of May. NAR said its pending home sales index jumped by 1.8 percent to 72.6 in May after tumbling by 6.1 percent to a revised 71.3 in April.
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U.S. Economy Shrinks More Than Previously Estimated In Q1
Revised data released by the Commerce Department on Thursday showed the U.S. economy shrank by more than previously estimated in the first quarter of 2025. The Commerce Department said real gross domestic product fell by 0.5 percent in the first quarter compared to the previously reported 0.2 percent dip. Economists had expected the decrease by GDP to be unrevised.
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U.S. Durable Goods Orders Soar 16.4% In May, Much More Than Expected
New orders for U.S. manufactured durable goods spiked by much more than expected in the month of May, according to a report released by the Commerce Department on Thursday. The report said durable goods orders soared by 16.4 percent in May after tumbling by a revised 6.6 percent in April.
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U.S. Weekly Jobless Claims Unexpectedly Dip To 236,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly fell in the week ended June 21st. The Labor Department said initial jobless claims dipped to 236,000, a decrease of 10,000 from the previous week's revised level of 246,000.
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U.S. GDP Falls More Than Previously Estimated In Q1
Revised data released by the Commerce Department on Thursday showed the U.S. economy by more than previously estimated in the first quarter of 2025.
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