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U.S. Import Prices Surge 1.9% In May, Much More Than Expected

U.S. Import Prices Surge 1.9% In May, Much More Than Expected

A report released by the Labor Department on Tuesday showed import prices in the U.S. shot up by much more than expected in the month of May. The Labor Department said import prices jumped by 1.9 percent in May after leaping by an upwardly revised 2.0 percent in April.
RTTNews | Pred 15 h 28 min
U.S. Housing Starts Plunge 15.4% In May, Much More Than Expected

U.S. Housing Starts Plunge 15.4% In May, Much More Than Expected

The Commerce Department released a report on Tuesday showing another steep drop in new residential construction in the U.S. in the month of May. The report said housing starts plunged by 15.4 percent to an annual rate of 1.177 million in May after tumbling by 8.5 percent to a revised rate of 1.392 million in April.
RTTNews | Pred 15 h 58 min
U.S. Homebuilder Confidence Dips Slightly More Than Expected In June

U.S. Homebuilder Confidence Dips Slightly More Than Expected In June

Homebuilder confidence has seen a modest deterioration in the month of June, according to a report released by the National Association of Home Builders on Monday. The report said the NAHB/Wells Fargo Housing Market Index dipped to 35 in June after jumping to 37 in May. Economists had expected the index to edge down to 36.
RTTNews | Pred 1 dňom
U.S. Industrial Production Inches Up 0.1% In May, Slightly Less Than Expected

U.S. Industrial Production Inches Up 0.1% In May, Slightly Less Than Expected

A report released by the Federal Reserve on Monday showed a modest increase in industrial production in the U.S. in the month of May. The Fed said industrial production crept up by 0.1 percent in May after climbing by an upwardly revised 0.9 percent in April. Economists had expected industrial production to rise by 0.2 percent.
RTTNews | Pred 1 dňom
New York Manufacturing Index Pulls Back Sharply In June But Still Indicates Growth

New York Manufacturing Index Pulls Back Sharply In June But Still Indicates Growth

After posting strong growth last month, New York manufacturing activity increased modestly in the month of June, according to a report released by the Federal Reserve Bank of New York on Monday. The New York Fed said its general business conditions index plunged to 5.7 in June after jumping to 19.6 in May, although a positive reading still indicates growth.
RTTNews | Pred 1 dňom
U.S. Consumer Sentiment Rebounds From Record Low In June

U.S. Consumer Sentiment Rebounds From Record Low In June

With consumers experiencing some relief due to the early-month easing in gasoline prices, the University of Michigan released a report on Friday showing a bigger than expected rebound in U.S. consumer sentiment in the month of June. The University of Michigan said its consumer sentiment index jumped to 48.9 in June after slumping to 44.8 in May. Economists had expected the index to rise to 46.0.
RTTNews | Pred 4 dňami