U.S. Import Prices Dip In Line With Estimates In January
(RTTNews) - Import prices in the U.S. saw a modest decrease in the month of January, according to a report released by the Labor Department on Friday.
The Labor Department said import prices dipped by 0.2 percent in January after edging down by a revised 0.1 percent in December.
Economists had expected import prices to slip by 0.2 percent compared to the 0.4 percent increase originally reported for the previous month.
Meanwhile, the report said export prices climbed by 0.8 percent in January after plunging by a revised 3.2 percent in December.
The increase surprised economists, who had expected export prices to edge down by 0.2 percent compared to the 2.6 percent slump originally reported for the previous month.
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U.S. Consumer Sentiment Plunges To Lowest Level Since November 2023
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by much more than previously estimated in the month of February. The University of Michigan said its consumer sentiment index for February was downwardly revised to 64.7 from a preliminary reading of 67.8. Economists had expected the index to be unrevised.
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8 ชม. 19 นาทีที่ผ่านมา
U.S. Existing Home Sales Pull Back Sharply In January
Existing home sales pulled back sharply in the month of January, according to a report released by the National Association of Realtors on Friday. NAR said existing home sales plunged by 4.9 percent to an annual rate of 4.08 million in January after surging by 2.9 percent to an upwardly revised rate of 4.29 million in December.
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8 ชม. 34 นาทีที่ผ่านมา
U.S. Leading Economic Index Unexpectedly Decreases In January
Reversing most of the gains from the previous two months, the Conference Board released a report on Thursday showing an unexpected decrease by its reading on leading U.S. economic indicators in the month of January. The Conference Board said its leading economic index fell by 0.3 percent in January following a revised 0.1 percent uptick in December.
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1 วันที่ผ่านมา
Philly Fed Index Pulls Back Sharply But Still Indicates Growth In February
Philadelphia-area manufacturing activity continued to expand in the month of February, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday, although the index of activity in the sector pulled back sharply. The Philly Fed said its diffusion index for current general activity plunged to 18.1 in February after skyrocketing to 44.3 in January.
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1 วันที่ผ่านมา
U.S. Jobless Claims Rise More Than Expected To 219,000
A report released by the Labor Department showed a modest increase by first-time claims for U.S. unemployment benefits in the week ended February 15th. The Labor Department said initial jobless claims rose to 219,000, an increase of 5,000 from the previous week's revised level of 214,000. Economists had expected jobless claims to inch up to 215,000.
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1 วันที่ผ่านมา
Philly Fed Index Pulls Back Sharply In February
Philadelphia-area manufacturing activity continued to expand in the month of February, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday, although the index of activity in the sector pulled back sharply.
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1 วันที่ผ่านมา
U.S. Weekly Jobless Claims Rise More Than Expected
A report released by the Labor Department showed a modest increase by first-time claims for U.S. unemployment benefits in the week ended February 15th.
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1 วันที่ผ่านมา
Fed Officials Want Further Progress On Inflation Before Cutting Rates
Provided the U.S. economy remains near maximum employment, the minutes of the Federal Reserve's latest monetary policy meeting revealed officials want to see further progress on inflation before they consider resuming lowering interest rates.
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2 วันที่ผ่านมา
