- Friday, 15 September 2017
- News
U.S. Industrial Production down by 0.9%
Industrial production declined 0.9 percent in August following six consecutive monthly gains. Hurricane Harvey, which hit the Gulf Coast of Texas in late August, is estimated to have reduced the rate of change in total output by roughly 3/4 percentage point. The index for manufacturing decreased 0.3 percent; storm-related effects appear to have reduced the rate of change in factory output in August about 3/4 percentage point.
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- Friday, 15 September 2017
- News
U.S. Retail Sales fell by 0.2%
An unexpected decline in August retail sales and downward revisions to the prior two months mainly reflected weaker results at auto dealerships, Commerce Department figures showed Friday. Overall sales fell 0.2% (est. 0.1% gain) after a 0.3% increase (prev. 0.6% gain); June sales dropped 0.1% (prev. 0.3% rise).
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- Thursday, 14 September 2017
- News
U.S. CPI increased by 0.4%
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in August on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 1.9 percent. Increases in the indexes for gasoline and shelter accounted for nearly all of the seasonally adjusted increase in the all items index. The energy index rose 2.8 percent in August as the gasoline index increased 6.3 percent. The shelter index rose 0.5 percent in August with the rent index up 0.4 percent. The food index rose slightly in August, with the index for food away from home increasing and the food at home index declining.
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- Wednesday, 13 September 2017
- News
US PPI increased by 0.2%
The Producer Price Index for final demand advanced 0.2 percent in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices edged down 0.1 percent in July and moved up 0.1 percent in June. (See table A.) On an unadjusted basis, the final demand index increased 2.4 percent for the 12 months ended in August.
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