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U.S. Producer Prices Increase In Line With Estimates In September
(RTTNews) - A long-delayed report released by the Labor Department on Tuesday showed producer prices in the U.S. increased in line with economist estimates in the month of September.
The Labor Department said its producer price index for final demand rose by 0.3 percent in September after edging down by 0.1 percent in August. The monthly price growth matched expectations.
The report also said the annual rate of growth by producer prices came in at 2.7 percent in September, unchanged from an upwardly revised reading in August.
Economists had expected the annual rate of producer price growth to tick up to 2.7 percent from the 2.6 percent originally reported for the previous month.
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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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U.S. Mortgage Applications Grow Despite Rising Rates: MBA
Home loan applications approved and purchase activity in the U.S. increased in the week ended November 21 even as mortgage rates continued to climb, survey data from the Mortgage Bankers Association revealed on Wednesday.
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Chicago Business Barometer Unexpectedly Plunges In November
MNI Indicators released a report on Wednesday unexpectedly showing a steep drop by its reading on Chicago-area business activity in the month of November. The report said the Chicago business barometer plunged to 36.3 in November after climbing to 43.8 in October, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 44.3.
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U.S. Durable Goods Orders Climb 0.5% In September, More Than Expected
New orders for U.S. manufactured durable goods increased by more than expected in the month of September, according to a report released by the Commerce Department on Wednesday. The Commerce Department said durable goods orders climbed by 0.5 percent in September after spiking by an upwardly revised 3.0 percent in August. Economists had expected durable goods orders to rise by 0.3 percent.
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U.S. Weekly Jobless Claims Unexpectedly Dip To Seven-Month Low
A report released by the Labor Department on Wednesday showed an unexpected dip by first-time claims for U.S. unemployment benefits in the week ended November 22nd. The Labor Department said initial jobless claims slipped to 216,000, a decrease of 6,000 from the previous week's revised level of 222,000. Economists had expected jobless claims to inch up to 225,000.
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U.S. Durable Goods Orders Climb More Than Expected In September
New orders for U.S. manufactured durable goods increased by more than expected in the month of September, according to a report released by the Commerce Department on Wednesday.
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U.S. Weekly Jobless Claims Unexpectedly Edge Lower
A report released by the Labor Department on Wednesday showed an unexpected dip by first-time claims for U.S. unemployment benefits in the week ended November 22nd.
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5 dias atrás
U.S. Business Inventories Unexpectedly Unchanged In August
Business inventories in the U.S. unexpectedly came in flat in the month of August, according to a report released by the Commerce Department on Tuesday. The Commerce Department said business inventories were virtually unchanged in August following a downwardly revised 0.1 percent uptick in July.
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6 dias atrás
