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European Economic News Preview: Eurozone Unemployment Data Due
(RTTNews) - Unemployment from the euro area and Spain are the top economic news due on Tuesday, headlining a light day for the European economic news.
At 3.00 am ET, Spain's labor agency publishes monthly unemployment data for February. The number of unemployed is expected to rise to 45,200 from 38,700 in the previous month.
At 4.00 am ET, Italy's statistical office ISTAT releases unemployment rate for January. Economists forecast the jobless rate to remain unchanged at 6.2 percent.
At 5.00 am ET, Eurozone unemployment data is due. The jobless rate is seen at 6.3 percent in January, unchanged from December.
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U.S. Industrial Production Pulls Back Slightly In July
A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.
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35 minutes ago
New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August
The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.
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1h 0min ago
U.S. Consumer Sentiment Index Unexpectedly Decreases In August
Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday.
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1h 26min ago
U.S. Import Price Growth Exceeds Estimates In July
The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July. The report said import prices climbed by 0.4 percent in July after a downwardly revised 0.1 percent dip in June. Economists had expected import prices to inch up by 0.1 percent, matching the 0.1 percent uptick originally reported for the previous month.
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1h 33min ago
U.S. Retail Sales Climb 0.5% In July, In Line With Estimates
A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July. The Commerce Department said retail sales climbed by 0.5 percent in July after jumping by an upwardly revised 0.9 percent in June.
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2h 6min ago
U.S. Industrial Production Edges Slightly Lower In July
A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July.
RTTNews
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2h 14min ago
New York Manufacturing Index Unexpectedly Increases In August
The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August.
RTTNews
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2h 49min ago
U.S. Import Prices Rise More Than Expected In July
The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July.
RTTNews
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2h 53min ago
