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U.S. Import Prices Edge Down 0.1% In March
(RTTNews) - Import prices in the U.S. edged slightly lower in the month of March, according to a report released by the Labor Department on Tuesday.
The Labor Department said import prices slipped by 0.1 percent in March after rising by a downwardly revised 0.2 percent in February.
Economists had expected import prices to come in unchanged compared to the 0.4 percent increase originally reported for the previous month.
Meanwhile, the report said export prices were flat in March after climbing by an upwardly revised 0.5 percent in February.
Economists had expected export prices to come in unchanged compared to the 0.1 percent uptick originally reported for the previous month.
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U.S. Services Index Unexpectedly Increases In April
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U.S. Employment Jumps By 177,000 Jobs In April, Much More Than Expected
Job growth in the U.S. far exceeded economist estimates in the month of April, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 177,000 jobs in April compared to expectations for an increase of about 130,000 jobs.
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U.S. Employment Jumps Much More Than Expected In April
Job growth in the U.S. far exceeded economist estimates in the month of April, according to a closely watched report released by the Labor Department on Friday.
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U.S. Construction Spending Unexpectedly Falls 0.5% In March
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U.S. Manufacturing Index Dips Slightly Further Into Contraction Territory In April
The Institute for Supply Management released a report on Thursday showing a slight decrease by its reading on U.S. manufacturing activity in the month of April. The ISM said its manufacturing PMI edged down to 48.7 in April after slipping to 49.0 in March, with a reading below 50 indicating contraction. Economists had expected the index to dip to 48.0.
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