US Economic News

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federalreserve-082014.jpg The Federal Reserve debated when to hike interest rates amid signs the labor market has moved closer to normal, according to the minutes of the Fed's July policy meeting. At the meeting held July 29-30 the Federal Open Market Committee voted 9-1 to maintain its current policy of very gradually withdrawing...

CPIChart-081914.jpg Consumer prices saw only a modest increase in the month of July, according to a report released by the Labor Department on Tuesday, with higher prices for shelter and food offset by decreases in prices for energy and airline fares. The Labor Department said its consumer price index ticked up by 0.1 percent in July after rising by 0.3 percent in June.

HousingSarts-081914.jpg After reporting a notable decrease in new residential construction for the previous month, the Commerce Department released a report on Tuesday showing a substantial rebound by U.S. housing starts in the month of July. The report said housing starts jumped 15.7 percent to an annual rate of 1.093 million in July after falling 4 percent to a revised 945,000 in June.

Consumer prices saw only a modest increase in the month of July, according to a report released by the Labor Department on Tuesday, with higher prices for shelter and food offset by decreases in prices for energy and airline fares.

After reporting a notable decrease in new residential construction for the previous month, the Commerce Department released a report on Tuesday showing a substantial rebound by U.S. housing starts in the month of July.

NAHBindex-081814.jpg Homebuilder confidence in the U.S. unexpectedly improved for the third consecutive month in August, according to a report released by the National Association of Home Builders on Monday. The report said the NAHB/Wells Fargo Housing Market Index climbed to a reading of 55 in August from 53 in July.

Homebuilder confidence in the U.S. unexpectedly improved for the third consecutive month in August, according to a report released by the National Association of Home Builders on Monday.

CONSUMER-RETAIL_15Aug14.jpg Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to a preliminary report released by Thomson Reuters and the University of Michigan on Friday.

IndustrialProduction-081514.jpg With a jump in manufacturing output more than offsetting a sharp drop in utilities output, the Federal Reserve released a report on Friday showing that U.S. industrial production increased by slightly more than expected in the month of July.

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to a preliminary report released by Thomson Reuters and the University of Michigan on Friday.

EmpireStateManufacturing-081514.jpg While the Federal Reserve Bank of New York released a report on Friday showing that business conditions for New York manufacturers continued to improve in August, the bank said the improvement was less widespread than in the previous month.

ProducerPriceInderx-081514.jpg Producer prices in the U.S. showed a modest uptick in the month of July, according to a report released by the Labor Department on Friday, with higher prices for food and services offsetting a pullback in energy prices.

With a jump in manufacturing output more than offsetting a sharp drop in utilities output, the Federal Reserve released a report on Friday showing that U.S. industrial production increased by slightly more than expected in the month of July.

While the Federal Reserve Bank of New York released a report on Friday showing that business conditions for New York manufacturers continued to improve in August, the bank said the improvement was less widespread than in the previous month.

Producer prices in the U.S. showed a modest uptick in the month of July, according to a report released by the Labor Department on Friday, with higher prices for food and services offsetting a pullback in energy prices.