Personal income and spending both increased in line with economist estimates in the month of April, according to a report released by the Commerce Department on Tuesday.
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Personal income and spending both increased in line with economist estimates in the month of April, according to a report released by the Commerce Department on Tuesday.
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Construction spending in the U.S. unexpectedly showed a notable decrease in the month of April, according to a report released by the Commerce Department on Thursday.
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A report released by the Institute for Supply Management on Thursday showed activity in the U.S. manufacturing sector unexpectedly grew at a slightly faster rate in the month of May. The ISM said its purchasing managers index inched up to 54.9 in May from 54.8 in April.
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With imports rising and exports falling, the Commerce Department released a report on Friday showing that the U.S. trade deficit widened more than expected in the month of April.
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Reflecting decrease in inventories of both durable and non-durable goods, the Commerce Department released a report on Friday showing a bigger than expected drop in U.S. wholesale inventories in the month of April. The Commerce Department said wholesale inventories fell by 0.5 percent.
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Reflecting a steep drop in energy prices, the Labor Department released a report on Wednesday showing a modest decrease in U.S. consumer prices in the month of May.
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A report released by the Labor Department on Thursday showed a bigger than expected drop in import prices in the month of May, reflecting a steep decline in prices for fuel imports.
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