U.S. Producer Prices Jump Much More Than Expected In September
(RTTNews) - Following yesterday's report on consumer price inflation, the Labor Department released a separate report on Thursday showing producer prices in the U.S. shot up by much more than expected in the month of September.
The Labor Department said its producer price index for final demand jumped by 1.3 in September after rising by an upwardly revised 0.5 percent in August.
Economists had expected producer prices to climb by 0.5 percent compared to the 0.4 percent increase originally reported for the previous month.
The report also said the annual rate of growth by producer prices surged to 6.3 percent in September from an upwardly revised 5.6 percent in August.
The annual rate of growth was expected to hold steady at the 5.4 percent originally reported for the previous month.
baca selengkapnya
U.S. Business Inventories Increase In Line With Estimates In August
Business inventories in the U.S. increased in line with economist estimates in the month of August, according to a report released by the Commerce Department on Thursday. The Commerce Department said business inventories rose by 0.4 percent in August after climbing by an upwardly revised 0.9 percent in July.
RTTNews
|
1 jam 27 menit yang lalu
New York Manufacturing Index Surges To Nearly Five-Year High In October
New York manufacturing activity rose sharply in the month of October, according to a report released by the Federal Reserve Bank of New York on Thursday. The New York Fed said its general business conditions index surged to 25.5 in October from 7.6 in September, with a positive reading indicating growth. Economists had expected the index to rise to 10.3.
RTTNews
|
2 jam 4 menit yang lalu
Philly Fed Index Tumbles In October But Still Indicates Growth
A report released by the Federal Reserve Bank of Philadelphia on Thursday showed a steep drop by its reading on regional manufacturing activity in the month of October. The Philly Fed said its diffusion index for current general activity plunged to 20.9 in October from 37.8 in September, although a positive reading still indicates growth. Economists had expected the index to drop to 30.0.
RTTNews
|
2 jam 16 menit yang lalu
U.S. Retail Sales Climb More Than Expected Amid Higher Gas Prices
The Commerce Department released a report on Thursday showing retail sales in the U.S. increased by much more than expected in in the month of September. The report said retail sales climbed by 0.8 percent in September after surging by an upwardly revised 1.3 percent in August. Economists had expected retail sales to rise by 0.3 percent.
RTTNews
|
2 jam 39 menit yang lalu
U.S. Producer Prices Jump 1.3% In September, Much More Than Expected
Following yesterday's report on consumer price inflation, the Labor Department released a separate report on Thursday showing producer prices in the U.S. shot up by much more than expected in the month of September. The Labor Department said its producer price index for final demand jumped by 1.3 in September after rising by an upwardly revised 0.5 percent in August.
RTTNews
|
2 jam 57 menit yang lalu
U.S. Weekly Jobless Claims Inch Up Slightly Less Than Expected
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits edged slightly higher in the week ended October 10th. The Labor Department said initial jobless claims ticked up to 199,000, an increase of 1,000 from the previous week's revised level of 198,000. Economists had expected jobless claims to rise to 200,000.
RTTNews
|
3 jam 10 menit yang lalu
New York Manufacturing Index Surges Much More Than Expected In October
New York manufacturing activity rose sharply in the month of October, according to a report released by the Federal Reserve Bank of New York on Thursday.
RTTNews
|
4 jam 2 menit yang lalu
Philly Fed Index Tumbles Much More Than Expected In October
A report released by the Federal Reserve Bank of Philadelphia on Thursday showed a steep drop by its reading on regional manufacturing activity in the month of October.
RTTNews
|
4 jam 4 menit yang lalu
