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U.S. Weekly Jobless Claims Rise To 219,000
(RTTNews) - A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended February 1st.
The report said initial jobless claims climbed to 219,000, an increase of 11,000 from the previous week's revised level of 208,000.
Economists had expected initial jobless claims to rise to 213,000 from the 207,000 originally reported for the previous week.
The Labor Department said the less volatile four-week moving average also crept up to 216,750, an increase of 4,000 from the previous week's revised average of 212,750.
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U.S. Industrial Production Climbs 0.3% In June, More Than Expected
Partly reflecting a surge by utilities output, the Federal Reserve released a report on Wednesday showing industrial production in the U.S. increased by more than expected in the month of June. The Fed said industrial production climbed by 0.3 percent in June, while revised data showed industrial production was unchanged in May.
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U.S. Producer Prices Unexpectedly Flat In June, Annual Growth Slows More Than Expected
A report released by the Labor Department on Wednesday showed producer prices in the U.S. unexpectedly came in flat in the month of June. The Labor Department said its producer price index for final demand was unchanged in June after rising by an upwardly revised 0.3 percent in May.
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U.S. Industrial Production Climbs More Than Expected In June
Partly reflecting a surge by utilities output, the Federal Reserve released a report on Wednesday showing industrial production in the U.S. increased by more than expected in the month of June.
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U.S. Producer Prices Unexpectedly Unchanged In June
A report released by the Labor Department on Wednesday showed producer prices in the U.S. unexpectedly came in flat in the month of June.
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New York Manufacturing Index Unexpectedly Indicates Growth In July
New York manufacturing activity has seen a notable turnaround in the month of July, according to a report released by the Federal Reserve Bank of New York on Tuesday. The New York Fed said its general business conditions index surged to a positive 5.5 in July from a negative 16.0 in June, with a positive reading indicating growth. Economists had expected the index to rise to a negative 10.0.
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U.S. Consumer Prices Rise 0.3% In June, In Line With Estimates
The Labor Department released a report on Tuesday showing consumer prices in the U.S. increased in line with economist estimates in the month of June. The report said the consumer price index rose by 0.3 percent in June after inching up by 0.1 percent in May.
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New York Manufacturing Index Unexpectedly Turns Positive In July
New York manufacturing activity has seen a notable turnaround in the month of July, according to a report released by the Federal Reserve Bank of New York on Tuesday.
RTTNews
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U.S. Consumer Prices Rise In Line With Estimates In June
The Labor Department released a report on Tuesday showing consumer prices in the U.S. increased in line with economist estimates in the month of June.
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