U.S. wholesale prices surged in January and core inflation also climbed above expectations.The producer price index for finished goods rose 1.0% on a seasonally adjusted basis after a 0.3% decrease in December, the Labor Department said today.The core index, which excludes food and energy items, rose 0.4% last month, seasonally adjusted. It rose 0.2% in […]
Sales slide for sixth month in a row
Strong performance for 2007: StatsCan
Five of 10 components show gains
U.S. housing starts rebound
GST cut contributes to lower consumer prices
Consumer confidence slips
2007 sales edge up 0.3%
U.S. trade gap narrows
Retail sales in the United States unexpectedly climbed in January, given a boost by demand for cars and gasoline.Meanwhile, U.S. business inventories grew a little more than expected in December as sales tumbled.Retail sales increased by 0.3%, the U.S. Commerce Department said today. Sales went down an unrevised 0.4% in December.Economists had called for a […]