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New York Manufacturing Index Unexpectedly Turns Negative In January
(RTTNews) - New York manufacturing activity unexpectedly declined in the month of January, 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 slumped to a negative 12.6 in January from a positive 2.1 in December, with a negative reading indicating contraction. Economists had expected the index to inch up to a positive 3.0.
Meanwhile, the New York Fed said firms grew more optimistic conditions would improve in the months ahead, with the index for future business activity jumping to 36.7 in January from 26.9 in December.
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U.S. Construction Spending Dips Slightly More Than Expected In May
Construction spending in the U.S. decreased by slightly more than expected in the month of May, according to a report released by the Commerce Department on Tuesday.
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5h 23min ago
U.S. Job Openings Unexpectedly Climb To 7. 769 Million In May
A report released by the Labor Department on Tuesday showed an unexpected increase by job openings in the U.S. in the month of May.
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5h 34min ago
U.S. Manufacturing Index Inches Higher But Still Indicates Contraction In June
The Institute for Supply Management released a report on Tuesday showing a modest increase by its reading on U.S. manufacturing activity in the month of June.
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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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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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4 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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4 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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4 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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