U.S. consumer sentiment soared in September

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Source: Forexpros
U.S. consumer sentiment surprisingly rose in early September, reaching four-month peak, as Americans were more optimistic about nation's economic and job prospects, the University of Michigan said on Friday. September consumer sentiment index jumped to 79.2, up from 74.3 in the prior month.
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Mon, 17 Sep 2012 05:52:01 GMT

US industrial production tumbled in August

US industrial output contracted the most in three years in August amid oil production cuts and slowing factory production. National industrial production slumped 1.2% last month while factory output slid 0.7%, indicating retailers' reluctance to purchase inventories during global economic uncertainty. Meanwhile, retail sales climbed for the second consecutive month on increasing spending on fuel. However, experts claim that positive retail sales data were a result

Fri, 14 Sep 2012 19:09:55 GMT

U.S. industrial production fell unexpectedly

As reported by the Federal Reserve, industrial production in the U.S. fell most since 2009. Industrial production fell to -1.2%, down from 0.5% in the preceding month, while experts had predicted a 0.2% rise. At the same time, manufacturing output lost 0.7% last month.

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