USD News

Following the rebound seen in the previous week, first-time claims for U.S. unemployment benefits saw some further upside in the week ended August 1st, the Labor Department said in a report on Thursday.

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Reflecting increases in both revolving and non-revolving credit, the Federal Reserve released a report on Friday showing that U.S. consumer credit rose by more than expected in June.

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Labor productivity in the U.S. rebounded in the second quarter, according to a report released by the Labor Department on Tuesday, although the pace of growth fell short of economist estimates. The report said labor productivity climbed by 1.3 percent in the second quarter.

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Reflecting a notable increase in inventories of non-durable goods, the Commerce Department released a report on Tuesday showing that wholesale inventories in the U.S. rose more than expected in June.

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Business inventories in the U.S. increased by much more than expected in the month of June, according to a report released by the Commerce Department on Thursday. The report said business inventories climbed by 0.8 percent in June after rising by 0.3 percent in May.

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Reflecting a steep drop in fuel prices, the Labor Department released a report on Thursday showing a notable decrease in U.S. import prices in the month of July. The report said import prices fell by 0.9 percent in July after coming in unchanged in June.

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Consumer sentiment in the U.S. unexpectedly saw a slight deterioration in the month of August, the University of Michigan revealed in a report on Friday. The report said the preliminary reading on the consumer sentiment index for August came in at 92.9 compared to the final July reading of 93.1.

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Business activity for New York manufacturers unexpectedly declined in the month of August, according to a report released by the Federal Reserve Bank of New York on Monday, with the index of regional manufacturing activity falling to a six-year low.

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Suggesting single-family housing is making slow but steady progress, the National Association of Home Builders released a report on Monday showing a modest improvement in homebuilder confidence in the month of August.

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While the Commerce Department released a report on Tuesday showing that housing starts in the U.S. edged up to a nearly eight-year high in July, the report also showed a sharp drop in building permits.

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