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Producer Prices Flat In August

WASHINGTON, Sept. 14 (UPI) — The U.S. Producer Price Index for finished goods was unchanged in August, the Bureau of Labor Statistics reported Tuesday. Overall, prices received by producers were flat after rising for 12 out of the past 13 months. Prices for finished goods rose 1.1 percent, while prices for energy items dropped 1 […]

Retail Sales Unchanged July To August

WASHINGTON, Sept. 14 (UPI) — Retail sales overall were unchanged from July to August, the U.S. Census Bureau reported Wednesday. Retail sales, including food service sales, adjusted for seasonal variations but not for prices, were $389.5 billion, “virtually unchanged” from July, but 7.2 percent above August 2010, the bureau said in a release. The consensus […]

Trade Inventories Rose In July

WASHINGTON, Sept. 14 (UPI) — Manufacturing and trade business inventories rose 0.4 percent in July, just under the consensus forecast, the U.S. Commerce Department said Wednesday. Inventories rose to $1.52 trillion, a 10.6 percent increase from a year earlier. Trade sales and manufacturers’ shipments rose 0.7 percent from June to $1.18 trillion. From July 2010, […]

U.K. Trade Gap With EU Widens

LONDON, Sept. 13 (UPI) — U.K. exports to EU members in July fell by 1.2 percent from June and imports rose 2.8 percent, the Office of National Statistics said Tuesday. Exports of goods to EU members totaled $20.85 billion in the month, while imports reached $26.7 billion, creating a trade deficit for the month of […]

Import Prices Fell In August

WASHINGTON, Sept. 13 (UPI) — U.S. import prices fell 0.4 percent in August after climbing 0.3 percent in the previous month, the Department of Labor said Tuesday. Prices for fuel imports fell 1.8 percent, contributing to the overall decline. Non-fuel import prices in August rose 0.2 percent. Import prices have dropped in two of the […]

Poll: Consumer Confidence Rising

LOS ANGELES, Sept. 13 (UPI) — Confidence among U.S. consumers lifted off historic lows in September, private research firm TechnoMetrica Market Intelligence said Tuesday. The firm’s IBD/TIPP Economic Optimism Index added 4.1 points from August to September, climbing from 35.8 to 39.9, the firm said. The index is based on 828 surveys conducted in the […]

Retail Sales Rise In Week

WASHINGTON, Sept. 13 (UPI) — Retail sales receipts rose 1.3 percent in the week ended last Sunday, a U.S. trade group said Tuesday. The International Council of Shopping Centers said sales were on a rebound after dropping 0.7 percent in the previous week due to Hurricane Irene, which interrupted shopping on the East Coast. ICSC […]

Bankruptcy Rises Among College Educated

PORTLAND, Maine, Sept. 13 (UPI) — The number of U.S. debtors with college educations filing for bankruptcy rose 20 percent in the past five years, a financial research group said. The Institute for Financial Literacy, a non-profit group based in Maine, found bankruptcy filers with incomes of $60,000 or more rose by 66 percent in […]

Cargill Recalls Ground Turkey

WICHITA, Kan., Sept. 11 (UPI) — Cargill issued a recall notice Sunday for 185,000 pounds of potentially contaminated ground turkey produced at an Arkansas packing plant. The Kansas-based food company said in a written statement the Class I voluntary recall was issued after salmonella bacteria was discovered in ground turkey at the Springdale facility last […]

Unions File To Push Saab Into Bankruptcy

TROLLHATTAN, Sweden, Sept. 12 (UPI) — A labor union leader in Sweden said a petition to have automaker Saab declared bankrupt does not mean the firm is out of the carmaking business. “The bankruptcy doesn’t in any way get in the way of a future economic solution, which may come,” said Unionen Chairwoman Cecilia Fahlberg, […]


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