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U.S. Trade Deficit Narrows Slightly More Than Expected In August
(RTTNews) - A report released by the Commerce Department on Wednesday showed the U.S. trade deficit narrowed significantly in the month of August amid a steep drop in the value of imports.
The Commerce Department said the trade deficit shrank to $59.6 billion in August from a revised $78.2 billion in July.
Economists had expected the trade deficit to decrease to $61.0 billion from the $78.3 billion originally reported for the previous month.
The narrower trade deficit came as the value of imports plunged by 5.1 percent to $340.4 billion, while the value of exports crept up by 0.1 percent to $280.8 billion.
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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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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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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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Před 5 h 50 min
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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Před 5 h 54 min
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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Před 7 h 23 min
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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Před 7 h 26 min
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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Před 1 dnem
U.S. Consumer Confidence Deteriorates Much More Than Expected In November
A report released by the Conference Board on Tuesday showed a substantial deterioration by U.S. consumer confidence in the month of November. The Conference Board said is consumer confidence index tumbled to 88.7 in November from an upwardly revised 95.5 in October. Economists had expected the consumer confidence index to dip to 93.3 from the 94.6 originally reported for the previous month.
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Před 1 dnem
