This is a discussion on USD News within the Analytics and News forums, part of the Trading Forum category; U.S. Productivity Increases By 1.9% In Q3, Less Than Expected Labor productivity in the U.S. rose by less than expected ...
U.S. Productivity Increases By 1.9% In Q3, Less Than Expected
Labor productivity in the U.S. rose by less than expected in the third quarter, according to a report released by the Labor Department on Thursday, although the report also showed a bigger than expected decrease in unit labor costs. The report said productivity increased by 1.9 percent in the third quarter compared to the 1.8 percent growth seen in the second quarter.
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Wholesale inventories in the U.S. rose in line with economist estimates in the month of September, according to a report released by the Commerce Department on Friday. The report said wholesale inventories increased by 0.4 percent in September after climbing by an upwardly revised 0.8 percent in August. The increase in inventories matched economist estimates.
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Industrial production in the U.S. unexpectedly saw a modest decrease in the month of October, the Federal Reserve revealed in a report on Friday.The report said industrial production edged down by 0.1 percent in October after climbing by an upwardly revised 0.7 percent in September. Economists had been expecting production to inch up by 0.1 percent.
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Homebuilder confidence in the U.S. came in unchanged in the month of November compared to a downwardly revised reading for the previous month, according to a report released by the National Association of Home Builders on Monday.
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Employee compensation costs in the U.S. rose by slightly less than expected in the third quarter, according to a report released by the Labor Department on Tuesday.
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With energy prices showing a notable decrease, the Labor Department released a report on Wednesday showing an unexpected drop in consumer prices in the month of October.
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Business inventories in the U.S. rose by more than expected in the month of September, according to a report released by the Commerce Department on Wednesday. The report said business inventories increased by 0.6 percent in September after rising by 0.4 percent in August. Economists had expected inventories to increase by about 0.3 percent.
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Producer prices in the U.S. saw another modest decrease in the month of October, the Labor Department revealed in a report on Thursday, with the drop largely due to a steep decline in energy prices. The Labor Department said its producer price index dipped by 0.2 percent in October after edging down by 0.1 percent in September. The drop by the index matched economist estimates.
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Growth in Philadelphia-area manufacturing activity has slowed by much more than anticipated in the month of November, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday, with the index of activity in the sector falling to a six-month low. The Philly Fed said its diffusion index of current activity tumbled to 6.5 in November from 19.8 in October.
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Pending home sales in the U.S. unexpectedly saw a modest decrease in the month of October, according to a report released by the National Association of Realtors on Monday, with pending sales falling for the fifth consecutive month. NAR said its pending home sales index dipped 0.6 percent to 102.1 in October from an upwardly revised 102.7 in September.
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