Consumer sentiment in the U.S. has seen a slight improvement in the month of November, according to preliminary data released by the University of Michigan on Friday. The report said the consumer sentiment index inched up to 95.7 in November after rising to 95.5 in October. Economists had expected to index to tick up to 95.9.
Reflecting a notable decrease in inventories of non-durable goods, the Commerce Department released a report on Friday showing U.S. wholesale inventories fell by slightly more than anticipated in the month of September. The Commerce Department said wholesale inventories slid by 0.4 percent in September after inching up by a downwardly revised 0.1 percent in August.
A report released by the Federal Reserve on Thursday showed U.S. consumer credit increased by much less than expected in the month of September. The Fed said consumer credit rose by $9.5 billion in September after jumping by $17.9 billion in August. Economists had expected consumer credit to climb by $15.0 billion.
First-time claims for U.S. unemployment benefits fell by more than expected in the week ended November 2nd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slid to 211,000, a decrease of 8,000 from the previous week's revised level of 219,000.
First-time claims for U.S. unemployment benefits fell by more than expected in the week ended November 2nd, according to a report released by the Labor Department on Thursday.
Labor productivity in the U.S. unexpectedly edged lower in the third quarter, according to preliminary data released by the Labor Department on Wednesday. The report said labor productivity dipped by 0.3 percent in the third quarter after spiking by an upwardly revised 2.5 percent in the second quarter.
Labor productivity in the U.S. unexpectedly edged lower in the third quarter, according to preliminary data released by the Labor Department on Wednesday.
Growth in U.S. service sector activity reaccelerated by more than anticipated in the month of October after a pullback in September, according to a report released by the Institute for Supply Management on Tuesday. The ISM said its non-manufacturing index climbed to 54.7 in October from 52.6 in September, with a reading above 50 indicating growth in the service sector.
A report released by the Commerce Department on Tuesday showed the U.S. trade deficit narrowed in the month of September, as the value of imports slumped by more than the value of exports. The Commerce Department said the trade deficit narrowed to $52.5 billion in September from a revised $55.0 billion in August. The narrower deficit matched economist estimates.
A report released by the Commerce Department on Tuesday showed the U.S. trade deficit narrowed in the month of September, as the value of imports slumped by more than the value of exports.