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U.S. Import Prices Dip Slightly More Than Expected In August
(RTTNews) - A report released by the Labor Department on Friday showed import prices in the U.S. decreased by slightly more than expected in the month of August.
The Labor Department said import prices fell by 0.3 percent in August after inching up by 0.1 percent n July. Economists had expected import prices to dip by 0.2 percent.
The report also showed a notable decline by export prices, which slid by 0.7 percent in August after climbing by a downwardly revised 0.5 percent in July.
Economists had expected export prices to edge down by 0.1 percent compared to the 0.7 percent increase originally reported for the previous month.
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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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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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U.S. Import, Export Prices Unexpectedly Unchanged In September
The Labor Department released a long-delayed report on Wednesday showing U.S. import and exports both came in flat in the month of September. The report said import prices came in unchanged in September following a downwardly revised 0.1 percent uptick in August. Economists had expected import prices to inch up by 0.1 percent.
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U.S. Private Sector Employment Unexpectedly Dips By 32,000 Jobs In November
A report released by payroll processor ADP on Wednesday showed an unexpected decrease by private sector employment in the U.S in the month of November. ADP said private sector employment fell by 32,000 jobs in November after climbing by an upwardly revised 47,000 jobs in October. Economists had expected private sector employment to inch up by 10,000 jobs.
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U.S. Industrial Production Unexpectedly Inches Up 0.1% 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.
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U.S. Import, Export Prices Unexpectedly Flat In September
The Labor Department released a long-delayed report on Wednesday showing U.S. import and exports both came in flat in the month of September.
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U.S. Private Sector Employment Unexpectedly Decreases In November
A report released by payroll processor ADP on Wednesday showed an unexpected decrease by private sector employment in the U.S in the month of November.
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U.S. Manufacturing Index Unexpectedly Edges Lower In November
The Institute for Supply Management released a report on Monday unexpectedly showing a modest decrease by its reading on U.S. manufacturing activity in the month of November. The ISM said its manufacturing PMI slipped to 48.2 in November from 48.7 in October, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 49.0.
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