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U.S. Business Inventories Inch Up In Line With Estimates In April

U.S. Business Inventories Inch Up In Line With Estimates In April

Business inventories in the U.S. saw a modest rebound in the month of April, the Commerce Department revealed in a report released on Thursday. The report said business inventories rose by 0.2 percent in April after slipping by a downwardly revised 0.2 percent in March.
RTTNews | 702 gün önce
U.S. Retail Sales Unexpectedly Increase In May Amid Jump In Auto Sales

U.S. Retail Sales Unexpectedly Increase In May Amid Jump In Auto Sales

The Commerce Department released a report on Thursday showing an unexpected increase in U.S. retail sales in the month of May. The report said retail sales rose by 0.3 percent in May after climbing by 0.4 percent in April. The continued advance surprised economists, who had expected retail sales to edge down by 0.1 percent.
RTTNews | 702 gün önce
U.S. Industrial Production Unexpectedly Dips In May As Utilities Output Slumps

U.S. Industrial Production Unexpectedly Dips In May As Utilities Output Slumps

The Federal Reserve released a report on Thursday unexpectedly showing a modest decrease in U.S. industrial production in the month of May. The Fed said industrial production slipped by 0.2 percent in May after climbing by 0.5 percent in April, while economists had expected production to inch up by 0.1 percent.
RTTNews | 702 gün önce
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Philly Fed Index Indicates Continued Contraction In June

Philly Fed Index Indicates Continued Contraction In June

The Federal Reserve Bank of Philadelphia released a report on Thursday showing regional manufacturing activity contracted at a modestly faster rate in the month of June. The Philly Fed said its diffusion index for current activity fell to a negative 13.7 in June from a negative 10.4 in May, with a negative reading indicating contraction.
RTTNews | 702 gün önce
New York Manufacturing Index Indicates Significant Turnaround In June

New York Manufacturing Index Indicates Significant Turnaround In June

A report released by the Federal Reserve Bank of New York on Thursday showed a significant turnaround in regional manufacturing activity in the month of June. The New York Fed said its general business conditions index soared to a positive 6.6 in June from a negative 31.8 in May, with a positive reading indicating growth.
RTTNews | 702 gün önce
U.S. Import Prices Decrease 0.6% May, Much More Than Expected

U.S. Import Prices Decrease 0.6% May, Much More Than Expected

Import prices in the U.S. fell by much more than expected in the month of May, according to a report released by the Labor Department on Thursday. The Labor Department said import prices slid by 0.6 percent in May after rising by a downwardly revised 0.3 percent in April.
RTTNews | 702 gün önce
U.S. Jobless Claims Unexpectedly Hold At Highest Level Since October 2021

U.S. Jobless Claims Unexpectedly Hold At Highest Level Since October 2021

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits were unexpectedly flat in the week ended June 10th. The Labor Department said initial jobless claims came in at 262,000, unchanged from the previous week's revised level.
RTTNews | 702 gün önce
ECB Hikes Rates By 25 Bps, More Tightening Likely As Inflation Seen 'Too High'

ECB Hikes Rates By 25 Bps, More Tightening Likely As Inflation Seen 'Too High'

The European Central Bank raised the three key interest rates by a quarter basis points on Thursday, in line with expectations, as policymakers assessed that despite some slowing, inflation is likely to remain "too high for too long" and economists' are looking forward to one more hike in July.
RTTNews | 702 gün önce

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