U.S. Import Prices Unexpectedly Climb 0.4% In February

RTTNews | vor 12Std 2 Minuten
U.S. Import Prices Unexpectedly Climb 0.4% In February

(RTTNews) - A report released by the Labor Department on Tuesday showed an unexpected increase by U.S. import prices in the month of February.

The Labor Department said import prices climbed by 0.4 percent in February, matching an upwardly revised increase in January.

Economists had expected import prices to edge down by 0.1 percent compared to the 0.3 percent growth originally reported for the previous month.

The report also said export prices inched up by 0.1 percent in February after jumping by 1.3 percent in January. Export prices were expected to dip by 0.2 percent.

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U.S. Industrial Production Climbs 0.7% In February, Much More Than Expected

U.S. Industrial Production Climbs 0.7% In February, Much More Than Expected

The Federal Reserve released a report on Tuesday showing industrial production in the U.S. increased by much more than expected in the month of January. The report said industrial production climbed by 0.7 percent in February after climbing by a downwardly revised 0.3 percent in January.
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U.S. Import, Export Prices Unexpectedly Increase In February

U.S. Import, Export Prices Unexpectedly Increase In February

A report released by the Labor Department on Tuesday showed an unexpected increases by U.S. import and export prices in the month of February. The Labor Department said import prices climbed by 0.4 percent in February, matching an upwardly revised increase in January.
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U.S. Business Inventories Rise In Line With Estimates In January

U.S. Business Inventories Rise In Line With Estimates In January

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U.S. Homebuilder Confidence Slumps To Seven-Month Low In March

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New York Manufacturing Activity Drops Significantly In March

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The Federal Reserve Bank of New York released a report on Monday showing regional manufacturing activity dropped significantly in the month of March. The New York Fed said its general business conditions index plunged to a negative 20.0 in March after jumping to a positive 5.7 in February, with a negative reading indicating contraction. Economists had expected the index to fall to a negative 1.9.
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