U.S. Industrial Production Climbs In Line With Estimates In March
(RTTNews) - A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased in line with economist estimates in the month of March.
The Fed said industrial production climbed by 0.4 percent in March, matching the upwardly revised advance in February.
Economists had expected industrial production to rise by 0.4 percent compared to the 0.1 percent uptick originally reported for the previous month.
The report said utilities output surged by 2.0 percent and manufacturing output rose by 0.5 percent, while mining output tumbled by 1.4 percent.
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U.S. Factory Orders Climb Slightly More Than Expected In April
A report released by the Commerce Department on Tuesday showed new orders for U.S. manufactured goods rose by slightly more than expected in the month of April. The Commerce Department said factory orders climbed by 0.7 percent in April compared to economist estimates for an increase of 0.6 percent.
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U.S. Job Openings Show Modest Decrease In April
Job opening in the U.S. saw a modest decrease in the month of April, according to a report released by the Labor Department on Tuesday.
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US Construction Spending Logs Surprise Fall In April
US construction spending shrunk unexpectedly in April amid declines in both private and public construction, preliminary data from the U.S. Census Bureau showed Monday. Construction spending dipped 0.1 percent to $2,099.0 billion from the revised estimate of $2,101.5 billion in March. Spending was expected to grow 0.2 percent after a 0.2 percent decrease in March.
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U.S. Manufacturing Index Unexpectedly Edges Lower In May
Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate in the month of May, according to a report released by the Institute for Supply Management on Monday.
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Chicago Business Barometer Unexpectedly Indicates Faster Contraction In May
Chicago-area business activity unexpectedly contracted at an accelerated rate in the month of May, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer fell to 35.4 in May from 37.9 in April, with a reading below 50 indicating contraction. Economists had expected the business barometer to rise to 41.0.
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U.S. Consumer Prices Rise In Line With Estimates, Core Prices Edge Up Less Than Expected
A highly anticipated 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 April, although core consumer prices edged up by slightly less than expected.
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U.S. Consumer Prices Increase In Line With Estimates In April
A highly anticipated 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 April, although core consumer prices edged up by slightly less than expected.
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U.S. Pending Home Sales Pull Back Much More Than Expected In April
A report released by the National Association of Realtors on Thursday showed a sharp pullback by pending home sales in the U.S. in the month of April. NAR said its pending home sales index plunged by 7.7 percent to 72.3 in April after spiking by 3.6 percent to an upwardly revised 78.3 in March. Economists had expected pending home sales to decrease by 0.6 percent.
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