U.S. Consumer Prices Virtually Unchanged In March, In Line With Estimates

RTTNews | 127天前
U.S. Consumer Prices Virtually Unchanged In March, In Line With Estimates

(RTTNews) - A closely watched report released by the Commerce Department on Wednesday showed U.S. consumer prices were virtually unchanged in the month of March.

The Commerce Department said its personal consumption expenditures (PCE) price index edged down by less than a tenth of a percent in March after rising by an upwardly revised 0.4 percent in February.

Economists had expected the PCE price index to come in unchanged compared to the 0.3 percent increase originally reported for the previous month.

The report showed a 0.5 percent decrease by prices for goods more than offset a 0.2 percent uptick by prices for services.

The Commerce Department also said the annual rate of growth by the PCE price index decelerated to 2.3 percent in March from an upwardly revised 2.7 percent in February.

Economists had expected the annual rate of growth by the PCE price index to slow to 2.2 percent from the 2.5 percent originally reported for the previous month.

Meanwhile, the Commerce Department said the core PCE price index, which excludes food and energy prices, crept up by less than a tenth of a percent in March after climbing by an upwardly revised 0.5 percent in February.

The core PCE price index was expected to come in unchanged compared to the 0.4 percent increase originally reported for the previous month.

The report also said the annual rate of growth by the core PCE price index slowed to 2.6 percent in March from an upwardly revised 3.0 percent in February.

Economists had expected the annual rate of growth by the core PCE price index to dip to 2.6 percent from the 2.8 percent originally reported for the previous month.

The Federal Reserve's preferred readings on consumer price inflation were included in the Commerce Department's report on personal income and spending.

The Commerce Department said personal income rose by 0.5 percent in March after climbing by a downwardly revised 0.7 percent in February.

Personal income was expected to rise by 0.4 percent compared to the 0.8 percent increase originally reported for the previous month.

Disposable personal income, or personal income less personal current taxes, also climbed by 0.5 percent in March following a 0.8 percent advance in February.

The Commerce Department also said personal spending grew by 0.7 percent in March after rising by an upwardly revised 0.5 percent in February.

Economists had expected personal spending to climb by 0.6 percent compared to the 0.4 percent increase originally reported for the previous month.

Excluding price changes, personal spending still grew by 0.7 percent in March after inching up by 0.1 percent in February.

With spending climbing by more than income, personal saving as a percentage of disposable personal income dipped to 3.9 percent in February from 4.1 percent in February.

read more
U.S. Services Index Climbs To Six-Month High In August

U.S. Services Index Climbs To Six-Month High In August

Service sector growth in the U.S. accelerated by more than anticipated in the month of August, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI rose to 52.0 in August from 50.1 in July, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.5.
RTTNews | 17小時37分鐘前
U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated

U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated

A report released by the Labor Department on Thursday showed labor productivity in the U.S. surged by much more than previously estimated in the second quarter of 2025. The Labor Department said labor productivity shot up by 3.3 percent in the second quarter compared to the previously reported 2.4 percent jump. Economists had expected the increase in labor productivity to be unrevised.
RTTNews | 17小時55分鐘前
U.S. Trade Deficit Widens More Than Expected As Imports Spike

U.S. Trade Deficit Widens More Than Expected As Imports Spike

With the value of imports spiking, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened more than expected in the month of July. The Commerce Department said the trade deficit shot up to $78.3 billion in July from a revised $59.6 billion in June. Economists had expected the trade deficit to increase to $75.7 billion.
RTTNews | 18小時25分鐘前
U.S. Jobless Claims Rise More Than Expected To Two-Month High

U.S. Jobless Claims Rise More Than Expected To Two-Month High

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th. The Labor Department said initial jobless claims climbed to 237,000, an increase of 8,000 from the previous week's unrevised level of 229,000.
RTTNews | 18小時29分鐘前
U.S. Private Sector Job Growth Slows More Than Expected In August

U.S. Private Sector Job Growth Slows More Than Expected In August

A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. increased by less than expected in the month of August. ADP said private sector employment rose by 54,000 jobs in August after jumping by an upwardly revised 106,000 jobs in July. Economists had expected private sector employment to rise by 65,000 jobs.
RTTNews | 18小時46分鐘前
U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th.
RTTNews | 19小時35分鐘前