US Consumer Prices Unchanged for April
As predicted, US consumer prices remained unchanged for April despite a year over year loss of 0.7 percent since April 2008. Lower prices for energy and food offset increases in other consumer goods. More
US Industrial Output Falls 0.5%
In what is being seen as a positive sign pointing to a possible easing of the recession, industrial output decreased by 0.5 percent in April rather than the 1.7 percent as expected. This is the slowest pace of decline in manufacturing in the past six months following a 1.7 percent decl... Read more »
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