Economic indicators

The pace of housing starts posted an 8.2% decline to a 1.192 million seasonally adjusted annual rate in December.

The region's manufacturing sector expanded in January, at a slower pace than in December.

A group of economists including Joseph Stiglitz would cut the face value of Puerto Rico bonds by 80% or more.

Almost all of the 12 Federal Reserve districts reported “modest to moderate gains” in economic activity at the start of 2018, a Federal Reserve survey showed.

Builders’ confidence in the market for new single-family homes slipped as the National Association of Home Builders' housing market index fell to 72.

Industrial production grew 0.9% in December, the Federal Reserve reported Wednesday.

The New York region's service sector activity "continued to grow at a solid pace," according to the January Business Leaders Survey.

Consumers’ inflation expectations gained, according to the October Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Tuesday.

The Empire State Manufacturing Survey showed "business activity continued to grow at a solid clip in New York State."

The value of business inventories rose 0.4% in November as expected by analysts and calculated by MNI after the wholesale inventories report on Wednesday, data released Friday morning by the Commerce Department showed.

The value of retail sales rose 0.4% in December, as expected by analysts, and were up 0.4% excluding motor vehicle sales.

The consumer price index rose by 0.1% in December, as expected, while core CPI posted a stronger-than-expected 0.3% rise.

The federal government ran a $23.2 billion deficit in December, the Treasury Department reported Thursday.

Initial jobless claims rose by 11,000 to 261,000 in the Jan. 6 week, well ahead of the 245,000 level expected and above the recent trend.

Final demand PPI fell by 0.1% in December, well below the 0.2% gain expected, with an equally disappointing 0.1% decline outside of food and energy prices.

The annual revisions to the Federal Reserve Bank of Philadelphia’s Manufacturing Business Outlook Survey changed numbers for most months, but the pattern remained the same, the Bank said Thursday.

The value of wholesale inventories rose 0.8% in November.

U.S. import prices returned to a more normal pace in December.

U.S. job openings unexpectedly fell in November to a six-month low, though the level is still consistent with an improving labor market, Labor Department data showed Tuesday.

Consumer credit increased by $28.8 billion in November to $3.827 trillion, the Federal Reserve reported Thursday.