Chicago-area business activity unexpectedly contracted in the month of November, according to a report released by MNI Indicators on Monday. The report said the Chicago Business Barometer tumbled to 48.7 in November from 56.2 in October.
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Chicago-area business activity unexpectedly contracted in the month of November, according to a report released by MNI Indicators on Monday. The report said the Chicago Business Barometer tumbled to 48.7 in November from 56.2 in October.
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After reporting decreases in U.S. pending home sales in the two previous months, the National Association of Realtors released a report on Monday showing a slight uptick in pending sales in the month of October.
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Construction spending in the U.S. increased more than expected in the month of October, according to a report released by the Commerce Department on Tuesday. The report said construction spending climbed 1.0 percent to an annual rate of $1.107 trillion in October.
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Activity in the U.S. manufacturing sector unexpectedly contracted for the first time in three years in November, the Institute for Supply Management revealed in a report on Tuesday. The ISM said its purchasing managers index dropped to 48.6 in November from 50.1 in October.
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Labor productivity in the U.S. increased by more than initially estimated in the third quarter, the Labor Department revealed in a report on Wednesday. The report said third quarter labor productivity jumped by an upwardly revised 2.2 percent compared to the previously reported 1.6 percent growth.
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Reflecting decreases in inventories of both durable and non-durable goods, the Commerce Department released a report on Wednesday showing an unexpected drop in U.S. wholesale inventories in the month of October.
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Import prices in the U.S. fell by less than expected in the month of November, the Labor Department revealed in a report on Thursday, although the report also showed a bigger than expected drop in export prices during the month.
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Business inventories in the U.S. unexpectedly came in flat in the month of October, according to a report released by the Commerce Department on Friday. The report said business inventories were virtually unchanged in October after ticking up by a downwardly revised 0.1 percent in September.
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Consumer sentiment in the U.S. has seen a slight improvement in the month of December, the University of Michigan revealed in a report on Friday. The University of Michigan said the preliminary reading on its consumer sentiment index for December came in at 91.8 compared to the final November reading of 91.3.
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Homebuilder confidence in the U.S. has unexpectedly deteriorated in the month of December, according to a report released by the National Association of Home Builders on Tuesday. The report said the NAHB/Wells Fargo Housing Market Index edged down to 61 in December from 62 in November.
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