U.S. Wholesale Inventories Up 0.5 Percent
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Inventories at U.S. wholesalers rose a slightly-less-than-expected 0.5 percent in September as stocks of automotive goods declined, a government report showed on Tuesday.
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Wholesale prices climbed by 0.5 percent in November  --  an improvement compared with the previous month's surge, but still fresh evidence that inflation is picking up as the economy gains momentum.
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WASHINGTON (CBS.MW) -- Prices of US wholesale goods and services rose 0.1 percent in September, the Labor Department said Friday. The core producer price index, which excludes volatile food and energy goods, rose 0.3 percent.
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Wholesale prices increased 0.5 percent in November, reflecting the biggest jump in natural gas costs since March 2003, the Labor Department said yesterday.
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New orders at U.S. factories rose  2.4 percent in December, higher than forecast, while  inventories edged up, a government report showed on Friday.
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New orders for long-lasting U.S.-made manufactured goods rose by a much less-than-forecast 0.1 percent during November and a key gauge of corporate appetite for investment also unexpectedly shrank, government data on Thursday showed.
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The cost of goods imported into the United States rose by a smaller-than-expected 0.2 percent in September, a government report showed on Thursday, as petroleum import costs rose a modest 0.6 percent.
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US producer prices - a measure of wholesale inflation - rose by a faster than expected 0.5% in November, seasonally adjusted Labor Department figures showed this afternoon.
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Shares in Home Depot rose today on news that the sale of the companyâs wholesale supply unit, HD Supply, is still on track.
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ATLANTA -- The Home Depot Inc. has tentatively agreed to sell its wholesale distribution business to a group of private equity firms for $8.5 billion, or $1.8 billion less than originally planned, a person with direct knowledge of the situation said.
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Inventories at U.S. wholesalers rose  a slightly-less-than-expected 0.5 percent in September as  stocks of automotive goods declined, a government report showed  on Tuesday.
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The U.S. economy grew faster in the  second quarter than previously thought as business inventories  rose at the strongest rate in four years, the government said  on Wednesday, a sign the soft patch was not as soft as feared.
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U.S. producer prices barely edged up  in July, kept in check by lower prices for new cars and trucks  and for many food items, according to a government report on  Tuesday showing muted inflation at the wholesale level.
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Third-quarter PC shipments in the US increased 5 percent from the same period a year ago. That was below analysts&#39; forecast of an increase of more than 8 percent.
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WASHINGTON -- Factories saw orders for big-ticket goods jump 5.9 percent in July, the most in 10 months, an encouraging sign that many manufacturers are holding up to the stresses caused by a housing slump and a credit crunch.
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Inventories at U.S. wholesalers rose  by a slightly larger-than-expected 0.8 percent in July on  bigger stockpiles of autos and electrical equipment, a Commerce  Department report on Thursday showed.
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Sales of new U.S. homes unexpectedly  rose in August to a seasonally adjusted 1.050 million  annualized rate after a sharp downward revision in July's  tally, while the inventory of homes for sale eased slightly, a  government report showed on Wednesday.