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The International Monetary Fund raised its U.S. growth outlook citing likely shift in policy mix under the leadership of President-elect Donald Trump, while global growth projections were kept unchanged. Global growth will rise to a rate of 3.4 percent in 2017 and 3.6 percent in 2018, from a 2016...

The Organization for Economic Co-operation and Development said the unemployment rate remained unchanged in November. The jobless rate held steady at 6.2 percent in November. Across the OECD area, 38.5 million people were unemployed. In the euro area, the unemployment rate was stable at 9.8 percent....

BusinessInventories-011317.jpg Reflecting rebounds in retail and wholesale inventories, the Commerce Department released a report on Friday showing that U.S. business inventories increased by more than expected in the month of November. The Commerce Department said business inventories climbed by 0.7 percent in November.

CONSUMER-RETAIL_13Jan17.jpg With consumer expectations seeing a slight deterioration, the University of Michigan released a report on Friday unexpectedly showing a modest drop in U.S. consumer sentiment in the month of January. The consumer sentiment index edged down to 98.1 in January from 98.2 in December.

producerpriceindx-011317.jpg U.S. producer price growth came in line with economist estimates in the month of December, the Labor Department revealed in a report on Friday. The Labor Department said its producer price index for final demand rose by 0.3 percent in December after climbing by 0.4 percent in November.

Retailsales-011317.jpg Retail sales in the U.S. increased by slightly less than expected in the month of December, according to a report released by the Commerce Department on Friday. The Commerce Department said retail sales climbed by 0.6 percent in December after edging up by a revised 0.2 percent in November.

U.S. producer price growth came in line with economist estimates in the month of December, the Labor Department revealed in a report on Friday. The Labor Department said its producer price index for final demand rose by 0.3 percent in December after climbing by 0.4 percent in November.

Retail sales in the U.S. increased by slightly less than expected in the month of December, according to a report released by the Commerce Department on Friday.

Import-ExportPrices-011217.jpg While fuel prices showed a substantial rebound, the Labor Department released a report on Thursday showing that U.S. import prices rose by less than expected in the month of December. The Labor Department said import prices climbed by 0.4 percent in December after edging down by a revised 0.2 percent in November.

JoblessClaims-011217.jpg After reporting a notable decrease in first-time claims for U.S. unemployment benefits over the two previous weeks, the Labor Department released a report on Thursday showing a modest rebound in initial jobless claims in the week ended January 7th.

While fuel prices showed a substantial rebound, the Labor Department released a report on Thursday showing that U.S. import prices rose by less than expected in the month of December.

After reporting a notable decrease in first-time claims for U.S. unemployment benefits over the two previous weeks, the Labor Department released a report on Thursday showing a modest rebound in initial jobless claims in the week ended January 7th.

worldbank-GEP-011117.jpg The World Bank lowered its global growth projections as rising trade protection could have adverse effects after the U.S. President elect Donald Trump takes office this month. According to the Global Economic Prospects report of the World Bank, the global economy will grow 2.7 percent this year instead of 2.8 percent projected in June last year.

Finland-UBI-010617.jpg The centuries-old concept of a guaranteed unconditional regular payment, or universal basic income, has returned to the attention of the world at the start of 2017 with Finland launching a two-year long experiment among 2,000 unemployed.

WholesaleInventories-011017.jpg Wholesale inventories in the U.S. increased by slightly more than anticipated in the month of November, according to a report released by the Commerce Department on Tuesday. The report said wholesale inventories surged up by 1.0 percent in November after edging down by a revised 0.1 percent in October.

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