USD News

Reflecting a spike in energy prices, the Labor Department released a report on Wednesday showing consumer prices in the U.S. increased by slightly more than anticipated in the month of March. The Labor Department said its consumer price index climbed by 0.4 percent.

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A report released by the Federal Reserve on Wednesday said U.S. economic activity expanded at a slight-to-moderate pace in March and early April. The report, known as the Beige Book, is a compilation of anecdotal evidence on economic conditions in the twelve Fed districts.

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A report released by the Conference Board on Tuesday showed another substantial improvement in U.S. consumer confidence in the month of May. The Conference Board said its consumer confidence index surged up to 134.1 in May after jumping to 129.2 in April.

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Economic activity in the U.S. expanded at a modest pace overall from April through mid-May, according to the Federal Reserve's Beige Book released on Wednesday. The Beige Book noted the assessment of the overall economy reflected a slight improvement over the slight-to-moderate growth indicated in the previous report.

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A report released by the Commerce Department on Tuesday showed new residential construction in the U.S. unexpectedly decreased in the month of May, although from an upwardly revised level. The Commerce Department said housing starts slid by 0.9 percent to an annual rate of 1.269 million in May from an upwardly revised April estimate of 1.281 million.

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New orders for U.S. manufactured durable goods unexpectedly showed another steep drop in the month of May, according to a report released by the Commerce Department on Wednesday.

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A report released by the Federal Reserve on Monday showed consumer credit in the U.S. increased by more than expected in the month of May. The Fed said consumer credit surged up by $17.1 billion in May after jumping by $17.5 billion in April.

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Reflecting weaknesses in new orders for manufacturing, housing permits, and unemployment insurance claims, the Conference Board released a report on Thursday showing an unexpected decrease by its index of leading U.S. economic indicators in the month of June. The Conference Board said its leading economic index fell by 0.3 percent in June after coming in unchanged in May.

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After reporting a notable increase in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Tuesday showing existing home sales pulled back by much more than anticipated in the month of June. NAR said existing home sales tumbled by 1.7 percent to annual rate of 5.27 million in June.

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With a slight drop in revolving credit partly offsetting a notable increase in non-revolving credit, the Federal Reserve released a report on Wednesday showing U.S. consumer credit rose by less than expected in the month of June.

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