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New York Manufacturing Index Unexpectedly Turns Negative In January
(RTTNews) - New York manufacturing activity unexpectedly declined in the month of January, according to a report released by the Federal Reserve Bank of New York on Wednesday.
The New York Fed said its general business conditions index slumped to a negative 12.6 in January from a positive 2.1 in December, with a negative reading indicating contraction. Economists had expected the index to inch up to a positive 3.0.
Meanwhile, the New York Fed said firms grew more optimistic conditions would improve in the months ahead, with the index for future business activity jumping to 36.7 in January from 26.9 in December.
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U.S. Construction Spending Climbs More Than Expected In February
Partly reflecting a jump by spending on residential construction, the Commerce Department released a report on Tuesday showing U.S. construction spending increased by more than expected in the month of February. The report said construction spending climbed by 0.7 percent to an annual rate of $2.196 trillion in February after falling by 0.5 percent to a revised rate of $2.180 trillion in January.
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17小時1分鐘前
U.S. Manufacturing Activity Contracts In March After Two Months Of Growth
Activity in the U.S. manufacturing sector contracted in March after two consecutive months of expansion, according to a report released by the Institute for Supply Management on Tuesday. The ISM said its manufacturing PMI dipped to 49.0 in March from 50.3 in February, with a reading below 50 indicating contraction. Economists had expected the index to edge down to 49.5.
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17小時21分鐘前
U.S. Job Openings Fall More Than Expected In February
Job opening in the U.S. fell by more than expected in the month of February, the Labor Department revealed in a report released on Tuesday.
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17小時24分鐘前
U.S. Consumer Sentiment Slumps More Than Previously Estimated In March
Consumer sentiment in the U.S. fell by more than previously estimated in the month of March, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for March was downwardly revised to 57.0 from a preliminary reading of 57.9. Economists had expected the index to be unrevised.
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4天前
U.S. Consumer Prices Rise In Line With Estimates But Core Price Growth Exceeds Expectations
While the Commerce Department released a report on Friday showing U.S. consumer prices increased in line with economist estimates in the month of February, core consumer prices rose by slightly more than expected. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in February, matching the increases seen in the two previous months.
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4天前
U.S. PCE Price Index Rises In Line With Estimates In February
A report released by the Commerce Department on Friday showed U.S. consumer prices increased in line with economist estimates in the month of February, although core consumer prices rose by slightly more than expected.
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4天前
U.S. Pending Home Sales Rebound More Than Expected In February
Pending home sales in the U.S. saw a significant rebound in the month of February, the National Association of Realtors revealed in a report on Thursday. NAR said its pending home sales index surged by 2.0 percent to 72.0 in February after plunging 4.6 percent to an all-time low of 70.6 in January. Economists had expected pending home sales to jump by 1.5 percent.
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5天前
U.S. Economy Grows Slightly Faster Than Previously Estimated In Q4
The U.S. economy grew by slightly more than previously estimated in the fourth quarter of 2024, according to revised data released by the Commerce Department on Thursday. The report said gross domestic product surged by 2.4 percent in the fourth quarter compared to the previously reported 2.3 percent jump. Economists had expected the pace of GDP growth to be unrevised.
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5天前
