USD News

With the Federal Reserve's next monetary policy meeting two weeks away, the central bank released its Beige Book on Wednesday.

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Reflecting a jump in spending on private construction, the Commerce Department released a report on Thursday showing that U.S. construction spending increased in line with economist estimates in the month of October. The report said construction spending climbed 0.5 percent to an annual rate of $1.173 trillion in October from the revised September estimate of $1.167 trillion.

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Indicating a faster rate of growth in U.S. manufacturing activity in the month of November, the Institute for Supply Management released a report on Thursday showing a bigger than expected increase by its index of manufacturing activity.

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Reflecting a steep drop in fuel prices, the Labor Department released a report on Tuesday showing a decrease in U.S. import prices in the month of November on Tuesday. The Labor Department said import prices fell by 0.3 percent in November after climbing by a revised 0.4 percent in October.

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Ahead of this afternoon's Federal Reserve announcement, the Commerce Department released a report on Wednesday showing an uptick in U.S. retail sales in the month of November.

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Producer prices in the U.S. increased by more than expected in the month of November, according to a report released by the Labor Department on Wednesday.

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After reporting a significant improvement in U.S. consumer confidence in the previous month, the Conference Board released a report on Tuesday showing that consumer confidence continued to improve in the month of December. The Conference Board said its consumer confidence index jumped to 113.7 in December from an upwardly revised 109.4 in November.

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With an upswing in mortgage rates and a lack of inventory dispiriting some would-be homebuyers, the National Association of Realtors released a report on Wednesday unexpectedly showing a sharp pullback in U.S. pending home sales in the month of November.

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Growth in Chicago-area business activity slowed by much more than anticipated in the month of December, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago Business Barometer slid to 54.6 in December after jumping to a nearly two-year high of 57.6 in November.

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Construction spending in the U.S. increased by more than expected in the month of November, the Commerce Department revealed in a report released on Tuesday.The report said construction spending climbed by 0.9 percent to an annual rate of $1.182 trillion in November from the revised October estimate of $1.171 trillion.

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