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U.S. Retail Sales Inch Up 0.1% In April
(RTTNews) - A report released by the Commerce Department on Thursday showed a slight increase by U.S. retail sales in the month of April.
The Commerce Department said retail sales crept up by 0.1 percent in April after surging by an upwardly revised 1.7 percent in March.
Economists had expected retail sales to inch up by 0.1 percent compared to the 1.4 percent jump originally reported for the previous month.
Excluding sales by motor vehicle and parts dealers, retail sales still edged up by 0.1 percent in April after climbing by 0.8 percent in March. Ex-auto sales were expected to rise by 0.3 percent.
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U.S. Homebuilder Confidence Unexpectedly Slips To Five-Year Low In June
Homebuilder confidence in the U.S. has unexpectedly seen a continued deterioration in the month of June, the National Association of Home Builders revealed in a report released on Tuesday.
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U.S. Industrial Production Unexpectedly Dips 0.2% In May
Industrial production in the U.S. unexpectedly saw a modest decrease in the month of May, according to a report released by the Federal Reserve on Tuesday. The Fed said industrial production dipped by 0.2 percent in May following a revised 0.1 percent uptick in April.
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U.S. Import Prices Unchanged In May
With a steep drop in prices for fuel imports offset by an increase in prices for non-fuel imports, the Labor Department released a report on Tuesday showing U.S. import prices were unchanged in the month of May.
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U.S. Retail Sales Slump 0.9% In May, More Than Expected
The Commerce Department released a report on Tuesday showing U.S. retail sales decreased by more than expected in the month of May. The report said retail sales slid by 0.9 percent in May after edging down by a revised 0.1 percent in April. Economists had expected retail sales to decline by 0.6 percent compared to the 0.1 percent uptick originally reported for the previous month.
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U.S. Retail Sales Fall More Than Expected In May
The Commerce Department released a report on Tuesday showing U.S. retail sales decreased by more than expected in the month of May.
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New York Manufacturing Index Unexpectedly Slides Further Into Negative Territory
According to a report released by the Federal Reserve Bank of New York on Monday, New York manufacturing activity fell for a fourth consecutive month in June. The New York Fed said its general business conditions index slid to a negative 16.0 in June from a negative 9.2 in May, with a negative reading indicating contraction. Economists had expected the index to climb to a negative 5.5.
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New York Manufacturing Index Unexpectedly Drops To -16.0 In June
According to a report released by the Federal Reserve Bank of New York on Monday, New York manufacturing activity fell for a fourth consecutive month in June.
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U.S. Consumer Sentiment Improves Much More Than Expected In June
Preliminary data released by the University of Michigan on Friday showed a substantial improvement by consumer sentiment in the U.S. in the month of June. The University of Michigan said its consumer sentiment index surged to 60.5 in June after holding at 52.2 in May. Economists had expected the index to rise to 53.5.
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