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New York Manufacturing Index Rebounds More Than Expected In April
(RTTNews) - New York manufacturing activity has declined modestly in the month of April, the Federal Reserve Bank of New York revealed in a report released on Tuesday.
The New York Fed said its general business conditions index jumped to a negative 8.1 in April after plunging to a negative 20.0 in March, although a negative reading still indicates contraction. Economists had expected the index to rise to a negative 14.5.
Looking ahead, the New York Fed said firms expect conditions to worsen in the months ahead, with the index for future business activity plunging to a negative 7.4 in April from a positive 12.7 in March.
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Chicago Business Barometer Unexpectedly Edges Slightly Lower In June
A report released by MNI Indicators on Monday showed a slight decrease by its reading on Chicago-area business activity in the month of June.
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19h 41min ago
U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by slightly more than previously estimated in the month of June. The University of Michigan said its consumer sentiment index for June was upwardly revised to 60.7 from a preliminary reading of 60.5.
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3 days ago
U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates
While the Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. crept up in line with expectations in the month of May, the report also showed core consumer prices rose by slightly more than expected. The report said the personal consumption expenditures (PCE) price index inched up by 0.1 percent in May, matching the uptick seen in April.
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3 days ago
U.S. Consumer Prices Inch Up 0.1% In May, In Line With Estimates
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. crept up in line with expectations in the month of May.
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3 days ago
U.S. Pending Home Sales Unexpectedly Rebound In May
The National Association of Realtors released a report on Thursday showing an unexpected rebound by pending home sales in the U.S. in the month of May. NAR said its pending home sales index jumped by 1.8 percent to 72.6 in May after tumbling by 6.1 percent to a revised 71.3 in April.
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4 days ago
U.S. Economy Shrinks More Than Previously Estimated In Q1
Revised data released by the Commerce Department on Thursday showed the U.S. economy shrank by more than previously estimated in the first quarter of 2025. The Commerce Department said real gross domestic product fell by 0.5 percent in the first quarter compared to the previously reported 0.2 percent dip. Economists had expected the decrease by GDP to be unrevised.
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4 days ago
U.S. Durable Goods Orders Soar 16.4% In May, Much More Than Expected
New orders for U.S. manufactured durable goods spiked by much more than expected in the month of May, according to a report released by the Commerce Department on Thursday. The report said durable goods orders soared by 16.4 percent in May after tumbling by a revised 6.6 percent in April.
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4 days ago
U.S. Weekly Jobless Claims Unexpectedly Dip To 236,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly fell in the week ended June 21st. The Labor Department said initial jobless claims dipped to 236,000, a decrease of 10,000 from the previous week's revised level of 246,000.
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4 days ago
