Producer prices, housing starts jump in November
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U.S. producer prices posted their largest gain in more than three decades last month as energy and vehicles prices jumped, while home building rebounded from a six-year low.
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Sales of existing homes were up both nationally and in Lee County in November, according to statistics released today. Meanwhile, the median price for a single-family home also continued to rise both locally and nationally.
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WASHINGTON -- America's factories saw orders go up by a strong 1.2 percent in November, the biggest advance in four months and a sign the nation's manufacturing sector was gaining momentum as the new year loomed.
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Soaring energy costs and a surge in food prices contributed to a 1.7 percent rise in U.S. producer prices, the biggest gain in almost 15 years.
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Producer prices surged 3.2 percent  in November, the biggest rise in 34 years, on a record rise in  gasoline prices, the Labor Department said on Thursday.
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U.S. consumer prices rose more  slowly in November as a surge in energy costs a month earlier  moderated, the government said on Friday, but a pickup in the  annual rate of increases stirred inflation worries.
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US industrial production jumped the most in three months in October, housing starts surged and consumer prices rose, suggesting the Federal Reserve may keep raising its benchmark interest rate.
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Sales at retailers posted a much  stronger-than-expected 1.2 percent rise in November, government  data showed on Thursday, as holiday shoppers coped with high  energy costs and the fallout from a housing slump.
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U.S. producer prices shot up 1.7  percent last month, the biggest gain in nearly 15 years and  well above expectations, as energy costs skyrocketed and food  prices surged, a government report showed on Tuesday.
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Prices paid to US producers rose 1.7 percent last month, the biggest jump in 14 years, as higher energy and food costs suggested that inflation is picking up with economic demand.
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Sales of existing U.S. homes rose unexpectedly to a record high in November and prices surged as low mortgage rates fueled home-buying, a trade association report showed on Wednesday.
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Sales at retailers posted a much stronger-than-expected 1.2 percent rise in November, government data showed on Thursday, as holiday shoppers coped with high energy costs and the fallout from a housing slump.
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The pace of existing U.S. home sales  edged up in November to a 5 million-unit annual rate and the  median price fell from a year earlier, the National Association  of Realtors said on Monday.
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Wholesale prices climbed by 0.5 percent in November &#151; 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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US consumer prices rose modestly in November as energy costs that had shot up a month earlier and fanned inflation fears posted only a small gain last month, the Labor Department said on Friday.
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U.S. consumer prices rose modestly  in November as a surge in energy costs a month earlier  moderated, the Labor Department said on Friday.
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WASHINGTON - US producer prices, a measure of inflation at the wholesale level, rose by a faster-than-expected 0.5% in November, seasonally adjusted Labor Department data showed.