The Consumer Price Index for All Urban Consumers rose 0.4% in August on a seasonally adjusted basis and was 3.4% higher year-over-year.
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University of Michigan Releases Preliminary Results of Its Consumer Sentiment Index for September
The Index of Consumer Sentiment fell to 47.8 in September, down 7.5% from August and 13.2% year-over-year.
US Existing-Home Sales Fall for Third Consecutive Month in August
Existing-home sales fell 2.0% in August to a seasonally adjusted annual rate of 3.98 million, NAR reported.
US Producer Price Index for Final Demand Increases 0.4% in August
US producer prices rose 0.4% in August, driven by a 1.1% increase in final demand goods. Year-over-year, prices increased 5.4%.
US Mortgage Rates Continue to Climb in the Week Ending September 10
The 30-year fixed-rate mortgage averaged 6.76%, up from 6.71% the previous week, Freddie Mac reported.
US Weekly Initial Jobless Claims Trend Lower in the Week Ending September 5
The advance figure for seasonally adjusted initial unemployment claims was 206,000, a decrease of 1,000 from the previous week.
US Existing-Home Listings Rise to Four-Year High in August
US home listings rose 2.6% in August to their highest level in more than four years, while pending sales were nearly flat, Redfin reported.
US Mortgage Applications Fall in the Week Ending September 4
Mortgage loan application volume decreased 2.7% on a seasonally adjusted basis from one week earlier, MBA reported.
NFIB Small Business Optimism Index Falls in August
The NFIB Small Business Optimism Index fell 1.1 points to 98.7 in August, while the Uncertainty Index fell 2 points to 89.
US Nonfarm Payroll Increases by 162,000 in August; Unemployment at 4.1%
US nonfarm payroll employment rose by 162,000 in August, well above the 12-month average gain, while the unemployment rate held at 4.1%.