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U.S. Producer Prices Rise Slightly Less Than Expected In December
(RTTNews) - Producer prices in the U.S. rose by slightly less than expected in the month of December, according to a report released by the Labor Department on Tuesday.
The Labor Department said its producer price index for final demand crept up by 0.2 percent in December after climbing by 0.4 percent in November. Economists had expected producer prices to rise by 0.3 percent.
Meanwhile, the report said the annual rate of producer price growth accelerated to 3.3 percent in December from 3.0 percent in November. The acceleration matched economist estimates.
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U.S. Wholesale Inventories Climb Much More Than Expected In September
Wholesale inventories in the U.S. increased by much more than expected in the month of September, according to a report released by the Commerce Department on Thursday. The Commerce Department said wholesale inventories climbed by 0.5 percent in September after edging down by a revised 0.1 percent in August. Economists had expected wholesale inventories to inch up by 0.1 percent.
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1h 9min ago
U.S. Trade Deficit Unexpectedly Narrows In September As Exports Surge
Reflecting a sharp increase in the value of exports, the Commerce Department released a report on Thursday showing the U.S. trade deficit unexpectedly narrowed in the month of September. The Commerce Department said the trade deficit shrank to $52.8 billion in September from a revised $59.3 billion in August. Economists had expected the trade deficit to widen to $63.3 billion.
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1h 34min ago
U.S. Jobless Claims Rebound More Than Expected To 236,000
First-time claims for U.S. unemployment benefits rebounded by more than expected in the week ended December 6th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 236,000, an increase of 44,000 from the previous week's revised level of 192,000. Economists had expected jobless claims to climb to 220,000.
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1h 56min ago
U.S. Trade Deficit Unexpectedly Narrows In September
Reflecting a sharp increase in the value of exports, the Commerce Department released a report on Thursday showing the U.S. trade deficit unexpectedly narrowed in the month of September.
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3h 8min ago
U.S. Weekly Jobless Claims Rebound More Than Expected
First-time claims for U.S. unemployment benefits rebounded by more than expected in the week ended December 6th, according to a report released by the Labor Department on Thursday.
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3h 12min ago
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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21h 14min ago
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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2 days ago
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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2 days ago
