- Friday, 16 February 2018
- News
U.S. Consumer Sentiment rose to 99.9
U.S. consumer sentiment unexpectedly rose in February to the second-highest level since 2004 as tax cuts and a strong job market helped Americans shrug off stock-market volatility, a University of Michigan survey showed Friday. Sentiment index rose to 99.9 (est. 95.5), highest since October’s 13-year high, from 95.7 in January. Current conditions gauge, which measures Americans’ perceptions of their finances, climbed to 115.1 from 110.5. Expectations measure advanced to 90.2 from 86.3. Year-ahead inflation expectations unchanged at 2.7%.
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- Friday, 16 February 2018
- News
Building Permits increased to 1.40 million
Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,396,000. This is 7.4 percent above the revised December rate of 1,300,000 and is 7.4 percent above the January 2017 rate of 1,300,000. Single-family authorizations in January were at a rate of 866,000; this is 1.7 percent below the revised December figure of 881,000. Authorizations of units in buildings with five units or more were at a rate of 479,000 in January.
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- Wednesday, 14 February 2018
- News
US CPI increased by 0.5%
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.1 percent before seasonal adjustment. The seasonally adjusted increase in the all items index was broad-based, with increases in the indexes for gasoline, shelter, apparel, medical care, and food all contributing. The energy index rose 3.0 percent in January, with the increase in the gasoline index more than offsetting declines in other energy component indexes.
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- Wednesday, 14 February 2018
- News
US Retail Sales unexpectedly declined in January
U.S. retail sales unexpectedly declined in January and December receipts were revised lower, indicating consumer demand in the first quarter may cool, according to Commerce Department figures released Wednesday. Overall sales fell 0.3% (est. 0.2% gain), the most since February 2017, after little change in prior month (prev. 0.4% increase).
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