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.
read more
U.S. Consumer Confidence Improves Much More Than Expected In September
Consumer confidence in the U.S. improved much more than expected in the month of September, the Conference Board revealed in a report released on Tuesday. The Conference Board said its consumer confidence index climbed to 108.0 in September from an upwardly revised 103.6 in August.
RTTNews
|
12h 16min ago
U.S. New Home Sales Unexpectedly Rebound Sharply In August
New home sales in the U.S. unexpectedly showed a substantial rebound in the month of August, according to a report released by the Commerce Department on Tuesday. The report showed new home sales skyrocketed by 28.8 percent to an annual rate of 685,000 in August after plunging by 8.6 percent to a revised rate of 532,000 in July.
RTTNews
|
12h 33min ago
U.S. Durable Goods Orders Edge Slightly Lower For Second Straight Month
A report released by the Commerce Department on Tuesday showed a modest decrease in new orders for U.S. manufactured durable goods in the month of August. The Commerce Department said durable goods orders slipped by 0.2 percent in August after edging down by 0.1 percent in July. Economists had expected durable goods orders to decline by 0.4 percent.
RTTNews
|
13h 13min ago
U.S. Durable Goods Orders Edge Down 0.2% In August
A report released by the Commerce Department on Tuesday showed a modest decrease in new orders for U.S. manufactured durable goods in the month of August.
RTTNews
|
14h 37min ago
U.S. Leading Economic Index Extends Decline To Six Straight Months In August
Potentially signaling a recession, the Conference Board released a report on Thursday showing its index of leading U.S. economic indicators declined for the sixth consecutive month in August. The Conference Board said its leading economic index fell by 0.3 percent in August after sliding by a revised 0.5 percent in July.
RTTNews
|
5 days ago
U.S. Weekly Jobless Claims Inch Higher After Recent Downtrend
After reporting modest decreases in first-time claims for U.S. unemployment benefits for five straight weeks, the Labor Department released a report on Thursday showing an uptick in jobless claims in the week ended September 17th.
RTTNews
|
5 days ago
U.S. Weekly Jobless Claims Inch Up To 213,000
After reporting modest decreases in first-time claims for U.S. unemployment benefits for five straight weeks, the Labor Department released a report on Thursday showing an uptick in jobless claims in the week ended September 17th.
RTTNews
|
5 days ago
Fed Raises Interest Rates By Another 75 Basis Points, Signals More Rate Hikes
The Federal Reserve announced its highly anticipated monetary policy decision on Wednesday, raising interest rates by another three-quarters of a percentage point. Citing its dual goals of maximum employment and inflation at a rate of 2 percent over the longer run, the Fed decided to raise its target range for the federal funds rate by 75 basis points to 3 to 3.25 percent.
RTTNews
|
6 days ago
