U.S. Construction Spending Unexpectedly Edges Down 0.2% In March
(RTTNews) - Reflecting a decrease in spending on private construction, the Commerce Department released a report on Wednesday showing U.S. construction spending unexpectedly edged lower in the month of March.
The report said construction spending dipped by 0.2 percent to an annual rate of $2.084 trillion in March, while economists had expected construction spending to rise by 0.3 percent.
Meanwhile, revised data showed construction spending came in unchanged in February compared to the previously reported 0.3 percent drop.
The Commerce Department said spending on private construction spending fell by 0.5 percent to an annual rate of $1.601 trillion.
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U.S. Consumer Sentiment Unexpectedly Drops To Seven-Month Low In June
The University of Michigan released preliminary data on Friday unexpectedly showing a continued deterioration in U.S. consumer sentiment in the month of June. The report said the consumer sentiment index fell to 65.6 in June after tumbling to 69.1 in May. Economists had expected the index to rebound to 72.0.
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1 dag sedan
U.S. Import Price Unexpectedly Decrease 0.4% In May
A report released by the Labor Department on Friday showed unexpected decreases by U.S. import and export prices in the month of May. The Labor Department said import prices fell by 0.4 percent in May following a 0.9 percent advance in April. Economists had expected import prices to inch up by 0.1 percent.
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1 dag sedan
U.S. Import, Export Prices Unexpectedly Decrease In May
A report released by the Labor Department on Friday showed unexpected decreases by U.S. import and export prices in the month of May.
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1 dag sedan
U.S. Producer Prices Unexpectedly Dip In May, Annual Growth Slows
A report released by the Labor Department on Thursday showed producer prices in the U.S. unexpectedly edged lower in the month of May. The Labor Department said its producer price index for final demand dipped by 0.2 percent in May after climbing by 0.5 percent in April. Economists had expected producer prices to inch up by 0.1 percent.
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U.S. Weekly Jobless Claims Unexpectedly Climb To Nearly 10-Month High
The Labor Department released a report on Thursday showing an unexpected increase by first-time claims for U.S. unemployment benefits in the week ended June 8th. The report said initial jobless claims climbed to 242,000, an increase of 13,000 from the previous week's unrevised level of 229,000. Economists had expected jobless claims to edge down to 225,000.
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2 dagar sedan
U.S. Producer Prices Unexpectedly Edge Lower In May
A report released by the Labor Department on Thursday showed producer prices in the U.S. unexpectedly edged lower in the month of May.
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2 dagar sedan
U.S. Weekly Jobless Claims Unexpectedly Climb To 242,000
The Labor Department released a report on Thursday showing an unexpected increase by first-time claims for U.S. unemployment benefits in the week ended June 8th.
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2 dagar sedan
What Makes This Economist Think Two Fed Rate Cuts Are Possible This Year?
The U.S. Federal Reserve left the federal funds rate target unchanged on Wednesday and forecast just one interest rate cut for this year, but Capital Economics thinks two rate cuts are possible. "Overall, there's nothing here that rules out a September rate cut," Capital Economics economist Paul Ashworth said.
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