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U.S. Import Prices Dip Slightly More Than Expected In August
(RTTNews) - A report released by the Labor Department on Friday showed import prices in the U.S. decreased by slightly more than expected in the month of August.
The Labor Department said import prices fell by 0.3 percent in August after inching up by 0.1 percent n July. Economists had expected import prices to dip by 0.2 percent.
The report also showed a notable decline by export prices, which slid by 0.7 percent in August after climbing by a downwardly revised 0.5 percent in July.
Economists had expected export prices to edge down by 0.1 percent compared to the 0.7 percent increase originally reported for the previous month.
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Fed Cuts Rates For Third Straight Meeting But Signals Differing Views About Outlook
The Federal Reserve on Wednesday announced its widely expected decision to cut interest rates by another quarter point, matching the rate cuts seen in September and October. The Fed said it decided to lower the target range for the federal funds rate by 25 basis points to 3.50 to 3.75 percent.
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U.S. Leading Economic Index Falls 0.3% In September
A report released by the Conference Board on Tuesday showed a continued decrease by its reading on leading U.S. economic indicators in the month of September. The Conference Board said its leading economic index fell by 0.3 percent in September, matching an upwardly revised dip in August.
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U.S. Job Openings Edge Slightly Higher In October
Job openings in the U.S. edged slightly higher in the month of October, according to a report released by the Labor Department on Tuesday.
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U.S. NFIB Small Business Confidence Index Rises More Than Expected
U.S. small businesses turned more confident than expected in November on stronger sales growth expectations, but the uncertainty continued to rise as firms delayed their investment plans, survey data from the National Federation of Independent Business showed on Tuesday.
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U.S. Consumer Sentiment Rebounds Much More Than Expected In December
Preliminary data released by the University of Michigan on Friday showed consumer sentiment in the U.S. has improved much more than anticipated in the month of December. The University of Michigan said its consumer sentiment index climbed to 53.3 in December from 51.0 in November. Economists had expected the consumer sentiment index to rise to 52.0.
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U.S. Consumer Prices Increase In Line With Estimates In September
A long-delayed report released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of September. The Commerce Department said its personal consumption expenditures (PCE) price index climbed by 0.3 percent in September, matching the growth seen in August along with economist estimates.
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U.S. Factory Orders Rise Less Than Expected In September
New orders for U.S. manufactured goods saw a modest increase in the month of September, according to a report released by the Commerce Department on Thursday. The Commerce Department said factory orders rose by 0.2 percent in September after jumping by a downwardly revised 1.3 percent in August.
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U.S. Jobless Claims Unexpectedly Drop To Three-Year Low
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly fell to a three-year low in the week ended November 29th. The report said initial jobless claims slid to 191,000, a decrease of 27,000 from the previous week's revised level of 218,000. Economist had expected jobless claims to rise to 220,000.
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