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U.S. Import Prices Climb Slightly More Than Expected In April
(RTTNews) - Reflecting a significant rebound in prices for fuel imports, the Labor Department released a report on Friday showing U.S. import prices increased by slightly more than expected in the month of April.
The Labor Department said import prices climbed by 0.4 percent in April after falling by a revised 0.8 percent in March.
Economists had expected import prices to rise by 0.3 percent compared to the 0.6 percent decrease originally reported for the previous month.
The report also said export prices rose by 0.2 percent in April following a revised 0.6 percent drop in March. The uptick in export prices matched economist estimates.
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U.S. Consumer Sentiment Unexpectedly Deteriorates In August
Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.
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U.S. Industrial Production Pulls Back Slightly In July
A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.
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New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August
The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.
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U.S. Consumer Sentiment Index Unexpectedly Decreases In August
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U.S. Import Price Growth Exceeds Estimates In July
The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July. The report said import prices climbed by 0.4 percent in July after a downwardly revised 0.1 percent dip in June. Economists had expected import prices to inch up by 0.1 percent, matching the 0.1 percent uptick originally reported for the previous month.
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U.S. Retail Sales Climb 0.5% In July, In Line With Estimates
A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July. The Commerce Department said retail sales climbed by 0.5 percent in July after jumping by an upwardly revised 0.9 percent in June.
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U.S. Industrial Production Edges Slightly Lower In July
A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July.
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New York Manufacturing Index Unexpectedly Increases In August
The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August.
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