U.S. Retail Sales Climb More Than Expected In November

U.S. Housing Starts Unexpectedly Extend Slump In November, But Building Permits Surge

While the Commerce Department released a report on Wednesday unexpectedly showing a continued slump by housing starts in the U.S. in the month of November, the report also showed a much bigger than expected surge by building permits.

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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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