Crude Oil Inventories Rise
Aug 20, 10:48 AM ET |
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| Distillate fuel inventories increased by 0.5 million barrels, and are in the upper half of the average range for this time of year. |
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| U.S. commercial crude oil inventories increased by 9.4 million barrels from the previous week. At 305.9 million barrels, U.S. crude oil inventories are in the middle of the average range for this time of year. Total motor gasoline inventories decreased by 6.2 million barrels last week, and are below the lower boundary of the average range. |
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Producer Price Index Rises 1.2% in July
Aug 19, 9:10 AM ET |
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| The Producer Price Index for Intermediate Materials, Supplies, and Components advanced 2.7% in July following a 2.1% increase in June. |
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| The Producer Price Index for Finished Goods advanced 1.2% in July, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This increase followed a 1.8% jump in June and a 1.4% rise in May. |
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Housing Starts Drop by 11% in July
Aug 19, 8:51 AM ET |
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| Single-family housing starts in July were at a rate of 641,000; this is 2.9% below the June figure of 660,000. |
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| Privately-owned housing starts in July were at a seasonally adjusted annual rate of 965,000. This is 11% below the revised June estimate of 1,084,000 and is 29.6% below the revised July 2007 rate of 1,371,000. |
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Industrial Production Grows 0.2% in July
Aug 15, 10:15 AM ET |
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| The production of consumer goods increased 0.3% in July. |
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| Industrial production increased 0.2% in July after having advanced 0.4% in June. Manufacturing output gained 0.4% in July and was boosted by a rise of 3.6% in the production of motor vehicles and parts. Excluding motor vehicles and parts, the index for manufacturing increased 0.2%. |
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Jobless Claims Decline by 10,000
Aug 14, 9:06 AM ET |
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| The advance unadjusted insured unemployment rate was 2.4% during the week ending Aug. 2, unchanged from the prior week. |
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| In the week ending Aug. 9, the advance figure for seasonally adjusted initial claims was 450,000, a decrease of 10,000 from the previous week''''s revised figure of 460,000. The 4-week moving average was 440,500, an increase of 19,500 from the previous week''''s revised average of 421,000. |
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Consumer Price Index Gains 0.8% in July
Aug 14, 8:54 AM ET |
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| The Consumer Price Index for Urban Wage Earners and Clerical Workers increased 0.5 % in July, prior to seasonal adjustment. |
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| The CPI-U advanced 0.8% in July, following a 1.1% increase in June. The index for energy rose sharply for the third straight month, increasing 4% in July and accounting for about half of the overall increase in the all items index. The food index rose 0.9% in July after rising 0.8% in June. |
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Crude, Gasoline and Distillate Inventories Fall
Aug 13, 10:53 AM ET |
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| Distillate fuel inventories decreased by 1.7 million barrels, and are in the upper half of the average range for this time of year. |
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| U.S. commercial crude oil inventories decreased by 0.4 million barrels from the previous week. At 296.5 million barrels, U.S. crude oil inventories are in the lower half of the average range for this time of year. Total motor gasoline inventories decreased by 6.4 million barrels last week, and are in near the lower boundary of the average range. Both finished gasoline inventories and gasoline blending components inventories decreased last week. |
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Business Inventories Increase 0.7% in June
Aug 13, 10:19 AM ET |
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| The total business inventories/sales ratio based on seasonally adjusted data at the end of June was 1.23. The June 2007 ratio was 1.27. |
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| Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,489.5 billion, up 0.7% from May 2008 and up 5.6% from June 2007. |
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Retail Sales Decrease 0.1% in July
Aug 13, 9:05 AM ET |
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| Total sales for the May through July 2008 period were up 2.7% from the same period a year ago. |
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| The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for July, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $384.6 billion, a decrease of 0.1% from the previous month and 2.6% above July 2007. |
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Import and Export Prices Rise in July
Aug 13, 8:50 AM ET |
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| Export prices rose 1.4% in July following a 1% advance the previous month. |
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| The U.S. Import Price Index increased 1.7% in July, the Bureau of Labor Statistics of the U.S. Department of Labor reported today, after a 2.9% rise in June. Both petroleum and nonpetroleum prices contributed to the advance, increasing 4% and 0.9%, respectively. |
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