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A rebound in fuel prices helped push overall retail prices higher in March,, but inflation remains about as far from a threat as possible to the U.S. economy, according to a new Commerce Department report.
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Retail sales in the U.S. fell for the second consecutive month during February, according to a new preliminary Commerce Department report, raising some concerns about overall economic growth this year.
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New factory orders and shipments rebounded at least somewhat in January, while measures of business investment and inventories also improved, according to new Commerce Department figures.
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Consumer prices are heading higher, according to new U.S. Labor Department numbers, increasing speculation that the Federal Reserve will raise interest rates again.
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New home starts in the U.S. fell in January to the lowest level in three months, but industrial production, which includes manufacturing, reversed its string of recent declines. At the same time, wholesale prices increased, leading some to believe interest rates may soon move higher.
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New orders for long-lasting durable goods plunged in December while shipments also fell, according to an advance report on Thursday from the U.S. Commerce Department, following a decision by the Federal Reserve to not raise a key interest rate.
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The U.S. Federal Reserve’s Open Market Committee on Wednesday decided to push short-term interest rates higher for the first time since 2006.
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Economic reports Wednesday morning ahead of the U.S. Federal Reserve's Open Market Committee didn't offer a clear picture on the state of the economy, with slower manufacturing growth but a boost in housing numbers.
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Both retail sales and prices at the wholesale level rose the most in months during November, according to two separate economic reports released on Friday. These will join other numbers that will be considered in a few days when the Federal Reserve considers an interest rate hike.
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While many of latest numbers on the U.S. economy show it’s performing below where many would like it to be, there is increasing evidence the U.S. Federal Reserve is moving closer to raising short-term interest rates for the first time in years.
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