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Consumer sentiment in the U.S. improved by less than previously estimated in October, according to a report released by the University of Michigan on Friday. The report said the final reading on the consumer sentiment index for October came in at 90.0 compared to the preliminary reading of 92.1.
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With spending in private and public construction both increasing, the Commerce Department released a report on Monday showing that U.S. construction spending rose more than expected in September.
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Activity in the U.S. manufacturing sector saw a slight expansion in the month of October, according to a report released by the Institute for Supply Management on Monday. The ISM said its purchasing managers index edged down to 50.1 in October from 50.2 in September.
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Activity in the U.S. service sector unexpectedly grew at a faster rate in the month of October, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its non-manufacturing index climbed to 59.1 in October from 56.9 in September.
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With output rising and hours worked falling, the Labor Department released a report on Thursday showing an unexpected increase in U.S. labor productivity in the third quarter. The Labor Department said productivity climbed 1.6 percent in quarter.
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Job growth in the U.S. showed a substantial reacceleration in the month of October, according to a report released by the Labor Department on Friday. The report said non-farm payroll employment jumped by 271,000 jobs in October following a downwardly revised increase of 137,000 jobs in September.
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Partly reflecting a sharp jump in non-revolving credit, the Federal Reserve released a report on Friday showing that U.S. consumer credit increased by much more than expected in September.
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Wholesale inventories in the U.S. increased by much more than expected in the month of September, according to a report released by the Commerce Department on Tuesday. The report said wholesale inventories climbed by 0.5 percent in September after rising by an upwardly revised 0.3 percent in August.
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Reflecting lower prices for both fuel and non-fuel imports, the Labor Department released a report on Tuesday showing a decrease in U.S. import prices in the month of October. The Labor Department said import prices fell by 0.5 percent in October following a revised 0.6 percent drop in September.
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First-time claims for U.S. unemployment benefits unexpectedly came in flat in the week ended November 7th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims came in at 276,000, unchanged from the previous week's unrevised level.
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