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U.S. Retail Sales Rebound Less Than Expected In February
(RTTNews) - After reporting a notable decrease by U.S. retail sales in the previous month, the Commerce Department released a report on Monday showing a modest rebound by retail sales in the month of February.
The Commerce Department said retail sales rose by 0.2 percent in February after tumbling by a revised 1.2 percent in January.
Economists had expected retail sales to climb by 0.7 percent compared to the 0.9 percent slump originally reported for the previous month.
Excluding a decrease in sales by motor vehicle and parts dealers, retail sales increased by 0.3 percent in February after falling by 0.6 percent in January. Ex-auto sales were expected to rise by 0.5 percent.
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U.S. Business Inventories Rise In Line With Estimates In January
Business inventories in the U.S. increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Monday. The Commerce Department said business inventories rose by 0.3 percent in January after dipping by 0.2 percent in December. The rebound matched expectations.
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U.S. Homebuilder Confidence Slumps To Seven-Month Low In March
A report released by the National Association of Home Builders on Monday showed a continued deterioration by U.S. homebuilder confidence in the month of March. The report said the NAHB/Wells Fargo Housing Market Index fell to 39 in March after slumping to 42 in February. Economists had expected the index to remain unchanged.
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New York Manufacturing Activity Drops Significantly In March
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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il y a 14h 17min
U.S. Retail Sales Rebound In February But Much Less Than Expected
After reporting a notable decrease by U.S. retail sales in the previous month, the Commerce Department released a report on Monday showing a modest rebound by retail sales in the month of February. The Commerce Department said retail sales rose by 0.2 percent in February after tumbling by a revised 1.2 percent in January. Economists had expected retail sales to climb by 0.7 percent.
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il y a 14h 20min
New York Manufacturing Index Plunges Much More Than Expected In March
The Federal Reserve Bank of New York released a report on Monday showing regional manufacturing activity dropped significantly in the month of March.
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il y a 15h 50min
U.S. Consumer Sentiment Plunges To Lowest Level In Over Two Years
Largely reflecting a substantial deterioration in consumer expectations, the University of Michigan released a report on Friday showing a much steeper than expected drop by its reading on U.S. consumer sentiment in the month of March. The University of Michigan said its consumer sentiment index plunged to 57.9 in March after tumbling to 64.7 in February.
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U.S. Weekly Jobless Claims Unexpectedly Edge Down To 220,000
A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended March 8th. The Labor Department said initial jobless claims edged down to 220,000, a decrease of 2,000 from the previous week's revised level of 222,000. The dip surprised economists, who had expected jobless claims to inch up to 225,000.
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il y a 4
U.S. Producer Prices Unexpectedly Flat In February
With an increase in prices for goods offset by a decrease in prices for services, the Labor Department released a report on Thursday showing producer prices in the U.S. were unexpectedly flat in the month of February. The Labor Department said its producer price index for final demand was unchanged in February after climbing by an upwardly revised 0.6 percent in January.
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il y a 4
