Industrial production in the U.S. unexpectedly showed a notable decrease in the month of April, according to a report released by the Federal Reserve on Wednesday. The Fed said industrial production fell by 0.5 percent in April.
New York manufacturing activity has picked up significantly in the month of May, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions index jumped to 17.8 in May from 10.1 in April.
Reflecting a sharp pullback in auto sales, the Commerce Department released a report on Wednesday showing an unexpected drop in U.S. retail sales in the month of April. The Commerce Department said retail sales edged down by 0.2 percent in April after spiking by an upwardly revised 1.7 percent in March.
New York manufacturing activity has picked up significantly in the month of May, according to a report released by the Federal Reserve Bank of New York on Wednesday.
Reflecting a sharp pullback in auto sales, the Commerce Department released a report on Wednesday showing an unexpected drop in U.S. retail sales in the month of April.
With a drop in prices for non-fuel imports partly offsetting another jump in prices for fuel imports, the Labor Department released a report on Tuesday showing U.S. import prices rose by much less than expected in the month of April.
With a drop in prices for non-fuel imports partly offsetting another jump in prices for fuel imports, the Labor Department released a report on Tuesday showing U.S. import prices rose by much less than expected in the month of April.
The composite leading indicator designed to anticipate turning points in economic activity in the Organisation for Economic Co-operation and Development area suggested easing growth momentum in most major economies.
The leading indicator fell slightly to 99.0 in March from 99.1 in February, OECD said...