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Other Industry News > General Economic News
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Consumer prices increase less than forecast
The U.S. Consumer Price Index increased 0.1% in May on a seasonally adjusted basis, according to the U.S. Bureau of Labor Statistics. Most analysts had expected an increase of 0.2%. The report signaled that inflation largely remains under control. For more, click here...
U.S. construction spending edges higher
U.S. construction spending during April was estimated at a seasonally adjusted annual rate of $860.8 billion, 0.4% higher than the revised March estimate and 4.3% above the April 2012 figure, according to the Census Bureau. Residential construction was at a SAAR of $301.9 billion in April, 0.1% below the revised March estimate. For more, click here...
Canada's GDP posts first-quarter gain
Canada's real gross domestic product expanded 0.6% in the first quarter, the fastest pace in six quarters, bolstered by a 1.5% increase in exports, according to Statistics Canada. On a monthly basis, real GDP grew 0.2% in March. For more, click here...
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