New York Manufacturing Index Soars Into Positive Territory November
(RTTNews) - A report released by the Federal Reserve Bank of New York on Friday showed regional manufacturing activity has seen a substantial turnaround in the month of November.
The New York Fed said its general business conditions index skyrocketed to a positive 31.2 in November from a negative 11.9 in October, with a positive reading indicating growth. Economists had expected the index to jump to a negative 0.7.
With the much bigger than expected increase, the general business conditions index reached its highest level since December 2021.
Looking ahead, the New York Fed said firms remained optimistic that conditions would continue to improve in the months ahead.
read more
U.S. Business Inventories Inch Up Slightly Less Than Expected In September
With a jump by retail inventories partly offset by dips by manufacturing and wholesale inventories, the Commerce Department released a report on Friday showing U.S. business inventories crept up by slightly less than expected in the month of September. The Commerce Department said business inventories inched up by 0.1 percent in September after climbing by 0.3 percent in August.
RTTNews
|
7小時29分鐘前
U.S. Industrial Production Falls 0.3% In October As Boeing Strike, Hurricanes Continue To Weigh
With the effects of recent hurricanes and the since-resolved strike at Boeing (BA) continuing to weigh on growth, the Federal Reserve released a report on Friday showing U.S. industrial production decreased in line with economist estimates in the month of October.
RTTNews
|
7小時39分鐘前
New York Manufacturing Index Soars To Nearly Three-Year High In November
A report released by the Federal Reserve Bank of New York on Friday showed regional manufacturing activity has seen a substantial turnaround in the month of November. The New York Fed said its general business conditions index skyrocketed to a positive 31.2 in November from a negative 11.9 in October, with a positive reading indicating growth.
RTTNews
|
7小時57分鐘前
U.S. Import Prices Unexpectedly Rise 0.3% In October
The Labor Department released a report on Friday showing an unexpected increase by import prices in the U.S. in the month of October. The report said import prices rose by 0.3 percent in October after falling by 0.4 percent in September. Economists had expected import prices to edge down by 0.1 percent.
RTTNews
|
8小時18分鐘前
U.S. Retail Sales Climb 0.4% In October, Slightly More Than Expected
Partly reflecting a jump in sales by motor vehicle and parts dealers, the Commerce Department released a report on Friday showing retail sales in the U.S. increased by slightly more than expected in the month of October. The Commerce Department said retail sales rose by 0.4 percent in October after growing by an upwardly revised 0.8 percent in September.
RTTNews
|
8小時23分鐘前
U.S. Industrial Production Decreases In Line With Estimates In October
With the effects of recent hurricanes and the strike at Boeing (BA) continuing to weigh on growth, the Federal Reserve released a report on Friday showing U.S. industrial production decreased in line with economist estimates in the month of October.
RTTNews
|
9小時12分鐘前
U.S. Import Prices Unexpectedly Increase In October
The Labor Department released a report on Friday showing an unexpected increase by import prices in the U.S. in the month of October.
RTTNews
|
9小時57分鐘前
U.S. Retail Sales Climb Slightly More Than Expected In October
Partly reflecting a jump in sales by motor vehicle and parts dealers, the Commerce Department released a report on Friday showing retail sales in the U.S. increased by slightly more than expected in the month of October.
RTTNews
|
9小時59分鐘前
