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U.S. Import Prices Dip In Line With Estimates In January
(RTTNews) - Import prices in the U.S. saw a modest decrease in the month of January, according to a report released by the Labor Department on Friday.
The Labor Department said import prices dipped by 0.2 percent in January after edging down by a revised 0.1 percent in December.
Economists had expected import prices to slip by 0.2 percent compared to the 0.4 percent increase originally reported for the previous month.
Meanwhile, the report said export prices climbed by 0.8 percent in January after plunging by a revised 3.2 percent in December.
The increase surprised economists, who had expected export prices to edge down by 0.2 percent compared to the 2.6 percent slump originally reported for the previous month.
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Fed's Beige Book Says U.S. Economic Activity Little Changed
Economic activity in the U.S. has shown little change since early September, according to the Federal Reserve's Beige Book.
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U.S. Mortgage Applications Fall For Third Week: MBA
Mortgage applications for house purchase in the U.S. decreased for a third week in a row, survey results from the Mortgage Bankers Association showed on Wednesday.
The market composite index, which measures the house purchase mortgage loan application volume, dropped a seasonally adjusted 1.8 percent in the week ended October 10 following a 4.7 percent decline in the previous week, results of th
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New York Manufacturing Index Unexpectedly Indicates Growth In October
New York manufacturing activity has seen a significant turnaround in the month of October, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions index surged to a positive 10.7 in October after plunging to a negative 8.7 in September, with a positive reading indicating growth.
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19 시간 35 분 전
New York Manufacturing Index Unexpectedly Returns To Positive Territory
New York manufacturing activity has seen a significant turnaround in the month of October, according to a report released by the Federal Reserve Bank of New York on Wednesday.
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20 시간 39 분 전
IMF Raises Global Growth Forecast As Tariff Impact Less Severe Than Feared
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U.S. Small Business Confidence Weakens For First Time In 3 Months: NFIB
Small business morale in the U.S. eroded for the first time in three months in September as business struggle with rising inflation, weaker sales outlook and labor shortage, survey data from the National Federation of Independent Business showed on Tuesday.
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Powell Reiterates There's 'No Risk-Free Path' As Fed Navigates Tension Between Dual Goals
Federal Reserve Chair Jerome Powell spoke at the 67th Annual Meeting of the National Association for Business Economics in Philadelphia on Tuesday but did not provide much fresh insight into the outlook for interest rates. Powell reiterated his belief that there is "no risk-free path" for monetary policy.
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U.S. Govt Has Started To Fire Federal Workers
The U.S. government has started to layoff federal employees, the Office of Management and Budget's chief Russell Vought said on the 10th day of the shutdown. In a post on the social media platform X, Vought said, "The RIFs have begun." RIF is an acronym for reduction in force.
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