U.S. Industrial Production Unexpectedly Edges Down 0.1% In November
(RTTNews) - The Federal Reserve released a report on Tuesday unexpectedly showing a modest decrease by U.S. industrial production in the month of November.
The report said industrial production edged down by 0.1 percent in November after falling by a revised 0.4 percent in October.
Economists had expected industrial production to rise by 0.3 percent compared to the 0.3 percent dip originally reported for the previous month.
The unexpected decrease by industrial production came as notable declines by mining and utilities output more than offset an uptick by manufacturing output.
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U.S. Business Inventories Inch Up In Line With Estimates In October
Business inventories in the U.S. crept slightly higher in the month of October, according to a report released by the Commerce Department on Tuesday. The Commerce Department said business inventories inched up by 0.1 percent in October, while revised data showed business inventories were unchanged in September.
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U.S. Homebuilder Confidence Holds Steady In December
A report released by the National Association of Home Builders on Tuesday showed homebuilder confidence has held steady in the month of December. The report said the NAHB/Wells Fargo Housing Market Index came in at 46 in December, unchanged from November. Economists had expected the index to inch up to 47.
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U.S. Industrial Production Unexpectedly Edges Lower In November
The Federal Reserve released a report on Tuesday unexpectedly showing a modest decrease by U.S. industrial production in the month of November. The report said industrial production edged down by 0.1 percent in November after falling by a revised 0.4 percent in October. Economists had expected industrial production to rise by 0.3 percent.
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U.S. Retail Sales Climb More Than Expected As Auto Sales Extend Surge
Retail sales in the U.S. increased by more than expected in the month of November, according to a report released by the Commerce Department on Tuesday, with auto sales once again leading the way higher. The report said retail sales grew by 0.7 percent in November after climbing by an upwardly revised 0.5 percent in October. Economists had expected retail sales to rise by 0.5 percent.
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U.S. Retail Sales Climb More Than Expected In November
Retail sales in the U.S. increased by more than expected in the month of November, according to a report released by the Commerce Department on Tuesday, with auto sales once again leading the way higher.
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New York Manufacturing Index Pulls Back More Than Expected In December
After reporting a sharp increase by its reading on regional manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Monday showing a sharp pullback by the index in the month of December.
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New York Manufacturing Index Pulls Back Sharply In December
After reporting a sharp increase by its reading on regional manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Monday showing a sharp pullback by the index in the month of December.
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U.S. Import Prices Unexpectedly Edge Higher In November
Import prices in the U.S. unexpectedly edged higher in the month of November, according to a report released by the Labor Department on Friday. The Labor Department said import prices crept up by 0.1 percent in November, matching the downwardly revised uptick in October. Economists had expected import prices to dip by 0.2 percent.
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