U.S. Import Prices Unexpectedly Increase In October
(RTTNews) - 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.
Meanwhile, the Labor Department said export prices climbed by 0.8 percent in October following a revised 0.6 percent decrease in September.
Export prices were expected to slip to 0.1 percent compared to the 0.7 percent decline originally reported for the previous month.
read more
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
|
5h 8min ago
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
|
5h 56min ago
New York Manufacturing Index Soars Into Positive Territory 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.
RTTNews
|
6h 38min ago
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
|
6h 44min ago
Powell Says Fed Doesn't Need To Be In A Hurry To Lower Rates
Following the Federal Reserve's decision to lower interest rates by a quarter point last week, Fed Chair Jerome Powell said in remarks on Thursday that the central bank does not "need to be in a hurry to lower rates" due to the strength of the economy.
RTTNews
|
1 day ago
U.S. Jobless Claims Unexpectedly Dip To Nearly Six-Month Low
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended November 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 217,000, a decrease of 4,000 from the previous week's unrevised level of 221,000. Economists had expected jobless claims to inch up to 223,000.
RTTNews
|
1 day ago
U.S. Producer Prices Rise 0.2% In October, In Line With Estimates
After yesterday's consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday showing producer prices in the U.S. also increased in line with economist estimates in the month of October. The Labor Department said its producer price index for final demand rose by 0.2 percent in October following a revised 0.1 percent uptick in September.
RTTNews
|
1 day ago
U.S. Producer Prices Increase In Line With Estimates In October
After yesterday's consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday showing producer prices in the U.S. also increased in line with economist estimates in the month of October.
RTTNews
|
1 day ago
