U.S. Housing Starts Spike Much More Than Expected In December

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U.S. Housing Starts Spike Much More Than Expected In December

(RTTNews) - A report released by the Commerce Department on Friday showed new residential construction in the U.S. skyrocketed by much more than anticipated in the month of December.

The Commerce Department said housing starts soared by 15.8 percent to an annual rate of 1.499 million in December after tumbling by 3.7 percent to a revised rate of 1.294 million in November.

Economists had expected housing starts to jump by 2.4 percent to an annual rate of 1.320 million from the 1.289 million originally reported for the previous month.

Meanwhile, the report said building permits slid by 0.7 percent to an annual rate of 1.483 million in December after surging by 5.2 percent to a revised rate of 1.493 million in November.

Building permits, an indicator of future housing demand, were expected to slump by 3.0 percent to an annual rate of 1.460 million from the 1.505 million originally reported for the previous month.

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U.S. Business Inventories Rise In Line With Estimates In January

U.S. Business Inventories Rise In Line With Estimates In January

Business inventories in the U.S. increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Monday. The Commerce Department said business inventories rose by 0.3 percent in January after dipping by 0.2 percent in December. The rebound matched expectations.
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U.S. Homebuilder Confidence Slumps To Seven-Month Low In March

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New York Manufacturing Activity Drops Significantly In March

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U.S. Retail Sales Rebound In February But Much Less Than Expected

U.S. Retail Sales Rebound In February But Much Less Than Expected

After reporting a notable decrease by U.S. retail sales in the previous month, the Commerce Department released a report on Monday showing a modest rebound by retail sales in the month of February. The Commerce Department said retail sales rose by 0.2 percent in February after tumbling by a revised 1.2 percent in January. Economists had expected retail sales to climb by 0.7 percent.
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U.S. Retail Sales Rebound Less Than Expected In February

U.S. Retail Sales Rebound Less Than Expected In February

After reporting a notable decrease by U.S. retail sales in the previous month, the Commerce Department released a report on Monday showing a modest rebound by retail sales in the month of February.
RTTNews | il y a 23h 9min
U.S. Consumer Sentiment Plunges To Lowest Level In Over Two Years

U.S. Consumer Sentiment Plunges To Lowest Level In Over Two Years

Largely reflecting a substantial deterioration in consumer expectations, the University of Michigan released a report on Friday showing a much steeper than expected drop by its reading on U.S. consumer sentiment in the month of March. The University of Michigan said its consumer sentiment index plunged to 57.9 in March after tumbling to 64.7 in February.
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U.S. Weekly Jobless Claims Unexpectedly Edge Down To 220,000

U.S. Weekly Jobless Claims Unexpectedly Edge Down To 220,000

A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended March 8th. The Labor Department said initial jobless claims edged down to 220,000, a decrease of 2,000 from the previous week's revised level of 222,000. The dip surprised economists, who had expected jobless claims to inch up to 225,000.
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