USD News

Indicating a second consecutive month of contraction in U.S. manufacturing activity, the Institute for Supply Management released a report on Monday unexpectedly showing a drop by its manufacturing index in the month of December.

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Citing faster deliveries, the Institute for Supply Management released a report on Wednesday showing an unexpected slowdown in the pace of growth in U.S. service sector activity in the month of December.

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After reporting a notable increase in new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Wednesday showing a modest pullback in orders in November.

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A day before the release of the closely watched monthly jobs report, the Labor Department released a report on Thursday showing that initial jobless claims pulled back by less than expected in the week ended January 2nd.

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Wholesale inventories in the U.S. unexpectedly decreased in the month of November, according to a report released by the Commerce Department on Friday. The Commerce Department said wholesale inventories fell by 0.3 percent in November, matching the revised drop seen in October.

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Consumer credit in the U.S. increased by less than expected in the month of November, the Federal Reserve revealed in a report on Friday. The report said consumer credit climbed by $14.0 billion in November after rising by a downwardly revised $15.6 billion in October.

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First-time claims for U.S. unemployment benefits unexpectedly increased in the week ended January 9th, according to a report released by the Labor Department on Thursday.

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Reflecting steep drops in prices for food and energy, the Labor Department released a report on Friday showing that U.S. producer prices fell by slightly more than expected in December. The Labor Department said its producer price index for final demand dipped by 0.2 in December.

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Reflecting more positive expectations for future economic growth, the University of Michigan released a report on Friday showing that U.S. consumer sentiment has improved for the fourth straight month in January.

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Business inventories in the U.S. unexpectedly saw a modest decrease in the month of November, according to a report released by the Commerce Department on Friday. The report said business inventories dipped by 0.2 percent in November after edging down by a revised 0.1 percent in October.

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