Consumer Prices Drop by Most in Six Years on Fuel
The cost of living in the U.S. fell in November by the most in almost six years, depressed by falling energy prices that signal inflation will stay below the Federal Reserve’s goal heading into 2015.
Industrial Production Jumps by Most Since May 2010
Industrial production surged in November by the most since May 2010 as U.S. assembly lines churned out more consumer goods and business equipment, signaling manufacturing is bolstering economic growth.
Wholesale Prices Drop on Energy
Wholesale prices in the U.S. fell more than forecast in November, led by the biggest drop in energy costs in more than a year, signaling inflation pressures remain weak even as the world’s largest economy is expanding.
Retail Sales Climb in November by Most in Eight Months
Retail sales in the U.S. rose in November by the most in eight months as shoppers benefited from an improving job market and cheaper fuel.