Economics - Spark Newswire

1 minute read

Economics

US Consumer Sentiment Drops To Lowest Level Since Pandemic’s Onset

Today, 2:07 AM

Consumers are not very happy: sentiment among shoppers fell by 13.5% to 70.2% in August, according to the most recent Surveys of Consumers University of Michigan report. The drop is the consumer sentiment index’s third-largest single-month decline.

TWTR

1 minute read

Michigan Consumer Sentiment Index At Lowest Since December 2011

By Michael Horton

Today, 2:07 AM

-Reuters

SPY

1 minute read

USA Import Prices (MoM) for Jul 0.300% vs 0.600% Est; Prior 1.000%

By Bill Haddad

Today, 2:07 AM

USA Import Prices (MoM) for Jul 0.300% vs 0.600% consensus estimate. The prior reading was 1.000%.

SPY

3 minute read

Freight Costs High Again In July; ‘Bottlenecks’ Hamper Shipments

By FreightWaves

Today, 2:07 AM

Labor challenges and equipment "bottlenecks" throughout the supply chain limited freight shipments in July but costs surged again, largely due to those capacity headwinds, according to data released by Cass Information Systems Thursday.

CASS

1 minute read

USA PPI (YoY) for Jul 7.800% vs 7.300% Est; Prior 7.300%

By Benzinga Newsdesk

Today, 2:07 AM

USA PPI (YoY) for Jul 7.800% vs 7.300% consensus estimate. The prior reading was 7.300%.

SPY

1 minute read

USA PPI (MoM) for Jul 1.000% vs 0.600% Est; Prior 1.000%

By Benzinga Newsdesk

Today, 2:07 AM

USA PPI (MoM) for Jul 1.000% vs 0.600% consensus estimate. The prior reading was 1.000%.

SPY

1 minute read

USA Initial Jobless Claims for Aug 6 375.000K vs 375.000K Est; Prior 385.000K

By Benzinga Newsdesk

Today, 2:07 AM

USA Initial Jobless Claims for Aug 6 375.000 thousand vs 375.000 thousand consensus estimate. The prior reading was 385.000 thousand.

SPY

1 minute read

USA Core PPI (YoY) for Jul 6.200% vs 5.600% Est; Prior 5.600%

By Benzinga Newsdesk

Today, 2:07 AM

USA Core PPI (YoY) for Jul 6.200% vs 5.600% consensus estimate. The prior reading was 5.600%.

SPY

1 minute read

USA Core PPI (MoM) for Jul 1.000% vs 0.500% Est; Prior 1.000%

By Benzinga Newsdesk

Today, 2:07 AM

USA Core PPI (MoM) for Jul 1.000% vs 0.500% consensus estimate. The prior reading was 1.000%.

SPY

2 minute read

Chip Shortage In Focus With US Automakers Like Tesla, Ford, GM But Cathie Wood Says Used-Car Data Points In Different Direction

By Rachit Vats

Today, 2:07 AM

Ark Invest CEO and popular money manager Cathie Wood said on Wednesday that latest used car price data indicate sales have peaked and that prices will come down as deflation plays a bigger role in the coming days.