U.S. Industrial Production Climbs More Than Expected In July

RTTNews | 876 дней спустя

(RTTNews) - A report released by the Federal Reserve on Tuesday showed U.S. industrial production increased by more than expected in the month of July.

The Fed said industrial production climbed by 0.6 percent in July following a revised unchanged reading in June.

Economists had expected industrial production to rise by 0.3 percent compared to the 0.2 percent dip originally reported for the previous month.

"The 0.6% m/m rise in industrial production in July was much stronger than we expected and provides another clear sign that the economy is still in expansionary territory," said Andrew Hunter, Senior U.S. Economist at Capital Economics.

He added, "That said, the likely drag on manufacturing from the impending global economic downturn means that resilience of production may not last for long."

The bigger than expected increase in industrial production came as manufacturing output advanced by 0.7 percent in July after falling by 0.4 percent for two straight months.

Mining output also climbed by 0.7 percent in July after jumping by 2.0 percent in June, while utilities output slid by 0.8 percent after slipping by 0.3 percent.

The report also showed capacity utilization in the industrial sector rose to 80.3 percent in July from a revised 79.9 percent in June.

Economists had expected capacity utilization to inch up to 80.1 percent from the 80.0 percent originally reported for the previous month.

Capacity utilization in the manufacturing and mining sectors edged up to 79.8 percent and 88.0 percent, respectively, while capacity utilization in the utilities sector fell to 74.5 percent.

Тэгов: USD

U.S. Wholesale Inventories Dip 0.2% In November, In Line With Estimates

Wholesale inventories in the U.S. dipped in line with estimates in the month of November, the Commerce Department revealed in a report released on Wednesday. The Commerce Department said wholesale inventories slipped by 0.2 percent in November, matching the preliminary estimate as well as economists' expectations.

RTTNews | 8ч 17мин назад

U.S. Jobless Claims Unexpectedly Slip To Nearly Eleven-Month Low

With the more closely watched monthly jobs report looming, the Labor Department released a report on Wednesday unexpectedly showing another modest decrease by first-time claims for U.S. unemployment benefits in the week ended January 4th. The report said initial jobless claims slipped to 201,000, a decrease of 10,000 from the previous week's unrevised level of 211,000.

RTTNews | 8ч 56мин назад

U.S. Private Sector Job Growth Slows More Than Expected In December

Private sector employment in the U.S. increased by less than expected in the month of December, according to a report released by payroll processor ADP on Wednesday. The report said private sector employment rose by 122,000 jobs in December after climbing by 146,000 jobs in November. Economists had expected private sector employment to grow by 140,000 jobs.

RTTNews | 9ч 34мин назад

U.S. Weekly Jobless Claims Unexpectedly Dip To 201,000

RTTNews | 10ч 2мин назад

U.S. Private Sector Employment Climbs Less Than Expected In December

Private sector employment in the U.S. increased by less than expected in the month of December, according to a report released by payroll processor ADP on Wednesday.

RTTNews | 10ч 14мин назад

U.S. Job Openings Unexpectedly Increase In November

Job openings in the U.S. unexpectedly increased in the month of November, according to a report released by the Labor Department on Tuesday. The Labor Department said job openings rose to 8.098 million in November from an upwardly revised 7.839 million in October.

RTTNews | 1 дней спустя

U.S. Services Index Rises More Than Expected In December

The Institute for Supply Management released a report on Tuesday showing its reading on U.S. service sector activity increased by more than expected in the month of December. The ISM said its services PMI climbed to 54.1 in December from 52.1 in November, with a reading above 50 indicating growth. Economists had expected the index to rise to 53.3.

RTTNews | 1 дней спустя

U.S. Trade Deficit Widens In November As Imports Rebound More Than Exports

With imports rebounding by more than exports, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened roughly in line with economist estimates in the month of November. The Commerce Department the trade deficit increased to $78.2 billion in November from a revised $73.6 billion in October. Economists had expected the trade deficit to climb to $78.0 billion.

RTTNews | 1 дней спустя

EURUSD	1.03153	GBPUSD	1.23659	AUDUSD	0.62159
USDJPY	158.369	USDCAD	1.43854	USDCHF	0.91119