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U.S. Q4 GDP Growth Unexpectedly Upwardly Revised To 3.4%
(RTTNews) - The U.S. economy unexpectedly grew by more than previously estimated in the fourth quarter of 2023, the Commerce Department revealed in a report released on Thursday.
Revised data showed real gross domestic product surged by 3.4 percent in the fourth quarter compared to the previously reported 3.2 percent jump. Economists had expected the pace of GDP growth to be unrevised.
The Commerce Department said the stronger than previously estimated growth primarily reflected upward revisions to consumer spending and nonresidential fixed investment that were partly offset by a downward revision to private inventory investment.
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U.S. Wholesale Inventories Inch Up 0.1% In July, Slightly Less Than Expected
Wholesale inventories in the U.S. increased slightly less than expected in the month of July, according to a report released by the Commerce Department on Wednesday. The Commerce Department said wholesale inventories crept up by 0.1 percent in July after rising by an upwardly revised 0.2 percent in June.
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48分鐘前
U.S. Producer Prices Unexpectedly Edge Slightly Lower In August
Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by U.S. producer prices in month of August. The Labor Department said its producer price index for final demand edged down by 0.1 percent in August after climbing by a downwardly revised 0.7 percent in July.
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1小時10分鐘前
U.S. Producer Prices Unexpectedly Edge Down 0.1% In August
Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by producer prices in the U.S. in the month of August.
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2小時29分鐘前
Sharp Downgrade To U.S. Employment Growth Adds To Fed Rate Cut Hopes
Job growth in the U.S. in the 12 months to March was significantly less than what was reported earlier, preliminary revisions released by the Bureau of Labor Statistics showed on Tuesday, signaling that the labor market began cooling earlier than estimated and strengthened the case for interest rate cuts from the Federal Reserve next week.
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17小時31分鐘前
U.S. Small Business Morale Improves Again, Labor Quality Top Concern: NFIB
Confidence among the U.S. small businesses increased for a second month in a row in August, largely led by stronger sales expectations and easing uncertainty, while labor quality remained the main worry for businesses, results of a monthly survey by the National Federation of Independent Business showed on Tuesday.
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19小時42分鐘前
American Consumers' Inflation Expectations Rise, Job Finding Hopes Record Low - NY Fed Survey
U.S. consumers' inflation expectations for the one-year ahead ticked up in August, while their hopes of finding a job sank to a record low, results of a monthly survey by the Federal Reserve Bank of New York revealed on Monday.
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1天前
U.S. Adds 22,000 Jobs In August, Far Fewer Than Expected
Employment in the U.S. rose by much less than expected in the month of August, the Labor Department revealed in a closely watched report released on Friday. The report said non-farm payroll employment crept up by 22,000 jobs in August after climbing by an upwardly revised 79,000 jobs in July. Economists had expected employment to increase by 75,000 jobs.
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5天前
U.S. Employment Rises Much Less Than Expected In August
Employment in the U.S. rose by much less than expected in the month of August, the Labor Department revealed in a closely watched report released on Friday.
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5天前
