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U.S. Import Prices Decline More Than Expected In July
(RTTNews) - Reflecting a sharp pullback in prices for fuel imports, the Labor Department released a report on Friday showing U.S. import prices fell by more than expected in the month of July.
The Labor Department said import prices slumped by 1.4 percent in July after rising by an upwardly revised 0.3 percent in June.
Economists had expected import prices to decline by 1.0 percent compared to the 0.2 percent uptick originally reported for the previous month.
The report also showed export prices tumbled by 3.3 percent in July after climbing by 0.7 percent in June. Export prices were expected to decrease by 1.1 percent.
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U.S. NFIB Small Business Confidence Index Rises More Than Expected
U.S. small businesses turned more confident than expected in November on stronger sales growth expectations, but the uncertainty continued to rise as firms delayed their investment plans, survey data from the National Federation of Independent Business showed on Tuesday.
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3h 40min ago
U.S. Consumer Sentiment Rebounds Much More Than Expected In December
Preliminary data released by the University of Michigan on Friday showed consumer sentiment in the U.S. has improved much more than anticipated in the month of December. The University of Michigan said its consumer sentiment index climbed to 53.3 in December from 51.0 in November. Economists had expected the consumer sentiment index to rise to 52.0.
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3 days ago
U.S. Consumer Prices Increase In Line With Estimates In September
A long-delayed report released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of September. The Commerce Department said its personal consumption expenditures (PCE) price index climbed by 0.3 percent in September, matching the growth seen in August along with economist estimates.
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3 days ago
U.S. Factory Orders Rise Less Than Expected In September
New orders for U.S. manufactured goods saw a modest increase in the month of September, according to a report released by the Commerce Department on Thursday. The Commerce Department said factory orders rose by 0.2 percent in September after jumping by a downwardly revised 1.3 percent in August.
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4 days ago
U.S. Jobless Claims Unexpectedly Drop To Three-Year Low
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly fell to a three-year low in the week ended November 29th. The report said initial jobless claims slid to 191,000, a decrease of 27,000 from the previous week's revised level of 218,000. Economist had expected jobless claims to rise to 220,000.
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5 days ago
U.S. Weekly Jobless Claims Unexpectedly Drop To 191,000
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly fell to a three-year low in the week ended November 29th.
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5 days ago
U.S. Services Index Unexpectedly Indicates Slightly Faster Growth In November
Service sector activity in the U.S. unexpectedly grew at a slightly faster rate in the month of November, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its services PMI inched up to 52.6 in November after climbing to 52.4 in October, with a reading above 50 indicating growth. Economists had expected the index to edge down to 52.1.
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5 days ago
U.S. Industrial Production Edges Slightly Higher In September
Industrial production in the U.S. edged slightly higher in the month of September, the Federal Reserve revealed in a long-delayed report released on Wednesday. The Fed said industrial production inched up by 0.1 percent September after dipping by a revised 0.3 percent in August.
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5 days ago
