U.S. Consumer Prices Increase In Line With Estimates In July

RTTNews | 662 dias atrás
U.S. Consumer Prices Increase In Line With Estimates In July

(RTTNews) - A highly anticipated report released by the Labor Department on Thursday showed U.S. consumer prices increased in line with economist estimates in the month of July.

The Labor Department said its consumer price index rose by 0.2 percent in July, matching the uptick seen in June as well as expectations.

The report also said the annual rate of growth by consumer prices accelerated to 3.2 percent in July from 3.0 percent in June. Economists had expected the pace of price growth to accelerate to 3.3 percent.

Excluding food and energy prices, core consumer prices also rose by 0.2 percent for the second straight month in July, in line with estimates.

Meanwhile, the annual rate of growth by core consumer prices slowed to 4.7 percent in July from 4.8 percent in June. The rate of growth was expected to be unchanged.

Marcadores : USD
read more
U.S. Construction Spending Unexpectedly Falls 0.4% In April

U.S. Construction Spending Unexpectedly Falls 0.4% In April

A report released by the Commerce Department on Monday unexpectedly showed a continued decrease by U.S. construction spending in the month of April. The Commerce Department said construction spending fell by 0.4 percent to an annual rate of $2.152 trillion in April after shrinking by 0.8 percent to a revised rate of $2.162 trillion in March.
RTTNews | 6h 55min atrás
U.S. Manufacturing Index Unexpectedly Edges Down To Six-Month Low In May

U.S. Manufacturing Index Unexpectedly Edges Down To Six-Month Low In May

A reading on U.S. manufacturing activity unexpectedly edged slightly lower in the month of May, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI slipped to 48.5 in May from 48.7 in April, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 49.5.
RTTNews | 7h 37min atrás
U.S. Economic Shrinks Slightly Less Than Previously Estimated In Q1

U.S. Economic Shrinks Slightly Less Than Previously Estimated In Q1

A report released by the Commerce Department on Thursday showed the U.S. economy shrank by slightly less than previously estimated in the first quarter of 2025. The Commerce Department said real gross domestic product edged down by a revised 0.2 percent in the first quarter compared to the previously reported 0.3 percent dip. Economists had expected the modest decrease to be unrevised.
RTTNews | 4 dias atrás
U.S. Weekly Jobless Claims Climb More Than Expected To 240,000

U.S. Weekly Jobless Claims Climb More Than Expected To 240,000

First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 24th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 240,000, an increase of 14,000 from the previous week's revised level of 226,000. Economists had expected jobless claims to inch up to 230,000.
RTTNews | 4 dias atrás
U.S. Consumer Confidence Rebounds Much More Than Expected In May

U.S. Consumer Confidence Rebounds Much More Than Expected In May

A report released by the Conference Board on Tuesday showed a substantial improvement by U.S. consumer confidence in the month of May. The Conference Board said its consumer confidence index spiked to 98.0 in May after plunging to a downwardly revised 85.7 in April.
RTTNews | 6 dias atrás