U.S. Retail Sales Jump More Than Expected In October
(RTTNews) - Retail sales in the U.S. showed a significant increase in the month of October, according to a report released by the Commerce Department on Wednesday.
The report showed retail sales surged by 1.3 percent in October after coming in unchanged in September. Economists had expected retail sales to jump by 1.0 percent.
Excluding a sharp increase in sales by motor vehicle and parts dealers, retail sales still shot up by 1.3 percent in October after inching up by 0.1 percent in September. Ex-auto sales were expected to rise by 0.4 percent.
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U.S. Consumer Confidence Index Decreases From Upwardly Revised Level
The Conference Board released a report on Tuesday showing its U.S. consumer confidence index decreased from a notably upwardly revised level in January. The report said the consumer confidence index slid to 104.1 in January from an upwardly revised 109.5 in December. Economists had expected the consumer confidence index to climb to 106.3 from the 104.7 originally reported for the previous month.
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19h 20min ago
U.S. Durable Goods Orders Unexpectedly Plunge 2.2% In December
A report released by the Commerce Department on Tuesday unexpectedly showed a steep drop by new orders for U.S. manufactured durable goods in the month of December amid a nosedive by orders for transportation equipment.
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21h 18min ago
U.S. New Home Sales Surge Much More Than Expected In December
New home sales in the U.S. surged by much more than expected in the month of December, according to a report released by the Commerce Department on Monday.
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1 day ago
U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In January
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. unexpectedly deteriorated by more than previously estimated in the month of January. The University of Michigan said its consumer sentiment index for January was downwardly revised to 71.1 from the preliminary reading of 73.2. Economists had expected the index to be unrevised.
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4 days ago
U.S. Existing Home Sales Jump Much More Than Expected In December
A report released by the National Association of Realtors on Friday showed existing home sales in the U.S. jumped by much more than expected in the month of December. NAR said existing home sales shot up by 2.2 percent to an annual rate of 4.24 million in December after surging by 4.7 percent to a rate of 4.15 million in November.
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4 days ago
U.S. Weekly Jobless Claims Extend Rebound
After reporting a rebound by first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing initial jobless claims saw further upside in the week ended January 18th. The Labor Department said initial jobless claims rose to 223,000, an increase of 6,000 from the previous week's unrevised level of 217,000.
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5 days ago
U.S. Weekly Jobless Claims Inch Up More Than Expected
After reporting a rebound by first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing initial jobless claims saw further upside in the week ended January 18th.
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5 days ago
U.S. Dollar Moves To The Upside After Early Volatility
After seeing considerable volatility earlier in the day, the value of the U.S. dollar has moved higher over the course of trading on Friday.
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11 days ago
