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New York Manufacturing Index Plunges Much More Than Expected In March
(RTTNews) - The Federal Reserve Bank of New York released a report on Monday showing regional manufacturing activity dropped significantly in the month of March.
The New York Fed said its general business conditions index plunged to a negative 20.0 in March after jumping to a positive 5.7 in February, with a negative reading indicating contraction. Economists had expected the index to fall to a negative 1.9.
Looking ahead, the report said optimism about the outlook waned considerably for a second consecutive month, as the index for future business activity slumped to 12.7 in March after tumbling to 22.2 in February.
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Philly Fed Index Unexpectedly Slumps Further Into Negative Territory In December
A report released by the Federal Reserve Bank of Philadelphia on Thursday unexpectedly showed a notable decrease by its reading on regional manufacturing activity in the month of December. The Philly Fed said its diffusion index for current general activity slumped to a negative 10.2 in December from a negative 1.7 in November, with a negative reading indicating contraction.
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20h 22min ago
U.S. Annual Consumer Price Growth Unexpectedly Slows In November
The annual rate of growth by consumer prices has unexpectedly slowed, according to data released by the Labor Department on Thursday. The Labor Department said consumer prices in November were up by 2.7 percent compared to the same month a year ago. The year-over-year price growth in November reflects a notable slowdown from the 3.0 percent surge in September.
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20h 58min ago
U.S. Jobless Claims Decrease Roughly In Line With Estimates
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits declined roughly in line with economist estimates in the week ended December 13th. The Labor Department said initial jobless claims fell to 224,000, a decrease of 13,000 from the previous week's revised level of 237,000. Economists had expected jobless claims to slip to 225,000.
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21h 7min ago
Philly Fed Index Unexpected Slumps To -10.2 In December
A report released by the Federal Reserve Bank of Philadelphia on Thursday unexpectedly showed a notable decrease by its reading on regional manufacturing activity in the month of December.
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22h 9min ago
U.S. Consumer Prices Increase Modestly Over Two Months From September-November
Consumer prices in the U.S. saw a modest increase in over the two months from September to November, according to a report released by the Labor Department on Thursday.
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22h 12min ago
U.S. Weekly Jobless Claims Decrease To 224,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits declined roughly in line with economist estimates in the week ended December 13th.
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22h 19min ago
U.S. Business Inventories Increase In Line With Estimates In September
The Commerce Department released a report on Tuesday showing business inventories in the U.S. increased in line with economist estimates in the month of September. The report said business inventories rose by 0.2 percent in September after coming in unchanged in August.
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2 days ago
U.S. Retail Sales Unchanged In October As Auto Sales Tumble
A report released by the Commerce Department on Tuesday showed retail sales in the U.S. were roughly flat in the month of October. The Commerce Department said retail sales were virtually unchanged in October after inching up by a downwardly revised 0.1 percent in September. Economists had expected retail sales to rise by 0.2 percent.
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2 days ago
