Business inventories in the U.S. showed a continued decrease in the month of June, according to a report released by the Commerce Department on Friday. The Commerce Department said business inventories slumped by 1.1 percent in June after tumbling by 2.3 percent in May. Economists had expected business inventories to decline by 1.2 percent.
A preliminary reading released by the University of Michigan on Friday unexpectedly showed a slight improvement in U.S. consumer sentiment in the month of August. The report said the consumer sentiment index inched up to 72.8 in August from 72.5 in July. The uptick surprised economists, who had expected the index to edge down to 72.0.
Reflecting sharp increases in manufacturing and utilities output, the Federal Reserve released a report on Friday showing a jump in U.S. industrial production in the month of July that matched economist estimates.
Labor productivity in the U.S. soared by much more than expected in the second quarter, according to a report released by the Labor Department on Friday. The report said labor productivity spiked by 7.3 percent in the second quarter after dipping by a revised 0.3 percent in the first quarter.
With a pullback in auto sales partly offsetting strength in other areas, the Commerce Department released a report on Friday showing U.S. retail sales increased by less than expected in the month of July. The Commerce Department said retail sales advanced by 1.2 percent in July after soaring by an upwardly revised 8.4 percent in June.
Labor productivity in the U.S. soared by much more than expected in the second quarter, according to a report released by the Labor Department on Friday.
With a pullback in auto sales partly offsetting strength in other areas, the Commerce Department released a report on Friday showing U.S. retail sales increased by less than expected in the month of July.
Import and export prices in the U.S. both increased by more than expected in the month of July, according to a report released by the Labor Department on Thursday. The report said import prices climbed by 0.7 percent in July after surging up by 1.4 percent in June. Economists had expected import prices to rise by 0.4 percent.
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits declined by much more than anticipated in the week ended August 8th. The Labor Department said initial jobless claims tumbled to 963,000, a decrease of 228,000 from the previous week's revised level of 1.191 million.
Import and export prices in the U.S. both increased by more than expected in the month of July, according to a report released by the Labor Department on Thursday.
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits declined by much more than anticipated in the week ended August 8th.
Consumer prices in the U.S. increased by more than anticipated in the month of July, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index climbed by 0.6 percent in July, matching the increase seen in June. Economist had expected consumer prices to rise by 0.3 percent.
Consumer prices in the U.S. increased by more than anticipated in the month of July, according to a report released by the Labor Department on Wednesday.
Partly reflecting a notable increase in prices for services, the Labor Department released a report on Tuesday showing U.S. producer prices climbed by more than expected in the month of July. The Labor Department said its producer price index for final demand rose by 0.6 percent in July after dipping by 0.2 percent in June.
Partly reflecting a notable increase in prices for services, the Labor Department released a report on Tuesday showing U.S. producer prices climbed by more than expected in the month of July.