USD News

Activity in the U.S. service sector grew at a slower than expected rate in the month of November, the Institute for Supply Management revealed in a report released on Tuesday. The ISM said its non-manufacturing index dropped to 57.4 in November from 60.1 in October.

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A day ahead of the release of the closely watched monthly jobs report, the Labor Department released a report on Thursday unexpectedly showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended December 2nd.

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A report released by the Commerce Department on Friday showed wholesale inventories in the U.S. decreased by more than expected in the month of October. The report said wholesale inventories fell by 0.5 percent in October after inching up by a downwardly revised 0.1 percent in September.

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Consumer prices in the U.S. increased in line with economist estimates in the month of November, according to a report released by the Labor Department on Wednesday.

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A report released by the Commerce Department on Thursday showed a modest decrease in U.S. business inventories in the month of October.

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Partially reflecting new policies aimed at providing regulatory relief to the business community, the National Association of Home Builders released a report on Monday showing an unexpected jump in U.S. homebuilder confidence in the month of December.

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New residential construction in the U.S. unexpectedly increased in the month of November, according to a report released by the Commerce Department on Tuesday.

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Suggesting solid economic growth will continue into the first half of 2018, the Conference Board released a report on Thursday showing a slightly bigger than increase by its index of leading U.S. economic indicators in the month of November.

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New home sales in the U.S. unexpectedly showed a substantial increase in the month of November, according to a report released by the Commerce Department on Friday. The Commerce Department said new home sales surged up by 17.5 percent to an annual rate of 733,000 in November.

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Consumer sentiment in the U.S. deteriorated by more than initially estimated in the month of December, according to a report released by the University of Michigan on Friday. The report said the consumer sentiment index for December was downwardly revised to 95.9.

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