A report released by the Commerce Department on Monday showed business inventories in the U.S. increased by more than expected in the month of January. The Commerce Department said business inventories climbed by 0.8 percent in January, matching the upwardly revised increase in the previous month. more...
With an increase in inventories of durable goods partly offset by a drop in inventories of non-durable goods, the Commerce Department released a report on Friday showing wholesale inventories in the U.S. rose by less than expected in the month of November. more...
Reflecting a sharp decline in expectations, the Conference Board released a report on Tuesday showing a much bigger than expected drop in U.S. consumer confidence in the month of January. Lynn Franco, Senior Director of Economic Indicators at the Conference Board, noted expectations saw a significant drop due to financial market volatility and the government shutdown. more...
Economic activity has continued to increase in most of the U.S., according to the Federal Reserve's Beige Book released Wednesday afternoon, although the report also hinted at a deterioration in optimism. more...
Minutes from the Federal Open Market Committee's latest meeting confirmed Federal Reserve Chairman Jerome Powell's recent remarks suggesting the central bank will take a patient approach to further interest rate increases. more...
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