U.S. Producer Prices Inch Up Much Less Than Expected In October

RTTNews | 805 dias atrás
U.S. Producer Prices Inch Up Much Less Than Expected In October

(RTTNews) - Producer prices in the U.S. crept up by much less than expected in the month of October, according to a report released by the Labor Department on Tuesday.

The Labor Department said its producer price index for final demand inched up by 0.2 percent in October, matching a revised uptick in September.

Economists expected producer prices to climb by 0.5 percent compared to the 0.4 percent increase originally reported for the previous month.

The report also showed the annual rate of producer price growth slowed to 8.0 percent in October from 8.4 percent in September. The year-over-year growth was expected to edge down to 8.3 percent.

Marcadores : USD
read more
U.S. Consumer Confidence Index Decreases From Upwardly Revised Level

U.S. Consumer Confidence Index Decreases From Upwardly Revised Level

The Conference Board released a report on Tuesday showing its U.S. consumer confidence index decreased from a notably upwardly revised level in January. The report said the consumer confidence index slid to 104.1 in January from an upwardly revised 109.5 in December. Economists had expected the consumer confidence index to climb to 106.3 from the 104.7 originally reported for the previous month.
RTTNews | 19h 20min atrás
U.S. Durable Goods Orders Unexpectedly Plunge 2.2% In December

U.S. Durable Goods Orders Unexpectedly Plunge 2.2% In December

A report released by the Commerce Department on Tuesday unexpectedly showed a steep drop by new orders for U.S. manufactured durable goods in the month of December amid a nosedive by orders for transportation equipment.
RTTNews | 21h 18min atrás
U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In January

U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In January

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. unexpectedly deteriorated by more than previously estimated in the month of January. The University of Michigan said its consumer sentiment index for January was downwardly revised to 71.1 from the preliminary reading of 73.2. Economists had expected the index to be unrevised.
RTTNews | 4 dias atrás
U.S. Existing Home Sales Jump Much More Than Expected In December

U.S. Existing Home Sales Jump Much More Than Expected In December

A report released by the National Association of Realtors on Friday showed existing home sales in the U.S. jumped by much more than expected in the month of December. NAR said existing home sales shot up by 2.2 percent to an annual rate of 4.24 million in December after surging by 4.7 percent to a rate of 4.15 million in November.
RTTNews | 4 dias atrás
U.S. Weekly Jobless Claims Extend Rebound

U.S. Weekly Jobless Claims Extend Rebound

After reporting a rebound by first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing initial jobless claims saw further upside in the week ended January 18th. The Labor Department said initial jobless claims rose to 223,000, an increase of 6,000 from the previous week's unrevised level of 217,000.
RTTNews | 5 dias atrás
U.S. Weekly Jobless Claims Inch Up More Than Expected

U.S. Weekly Jobless Claims Inch Up More Than Expected

After reporting a rebound by first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing initial jobless claims saw further upside in the week ended January 18th.
RTTNews | 5 dias atrás