Economic indicators

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "slowed slightly but remained solid, and optimism for future activity remained high."

The pace of housing starts rebounded by 13.7% to a 1.290 million seasonally adjusted annual rate in October, well ahead of expectations for a 1.190 million pace.

Builders’ confidence in the market for new single-family homes increased.

Industrial production grew 0.9% in October, the Federal Reserve reported Thursday.

The region's manufacturing sector expanded in November, at a slower pace than in October.

U.S. import prices rose by 0.2% in October on a 1.4% gain in fuel prices as well as combined 0.2% gain in the other components, according to data released by the BLS.

Initial claims U.S. state unemployment benefits rose by 10,000 to 249,000 in the November 11 week, well ahead of the 235,000 level expected.

The New York region's service sector activity "expanded at a robust pace," according to the Federal Reserve Bank of New York's November Business Leaders Survey, released Thursday.

Business inventories were unchanged at $1.889 trillion in April, while sales were 1.4% higher at $1.390 trillion, the Commerce Department reported Wednesday.

The value of retail sales rose 0.2% in October and were up 0.1% excluding motor vehicle sales.

The consumer price index Consumer Price Index came in exactly as expected, with a 0.1% rise for the overall reading and a 0.2% gain for the core reading.

The Empire State Manufacturing Survey showed "business activity continued to grow strongly in New York State."

Final demand PPI rose 0.4% in October, well above the 0.1% expected, and was up 0.4% excluding food and energy prices.

Small businesses were more optimistic in October as sales expectations grew, according to National Federation of Independent Business.

Consumers’ inflation expectations held for three-year, but rose for the one-year horizon.

The University of Michigan's preliminary November consumer sentiment index reading was 97.8, compared to the final October 100.7.

The value of wholesale inventories rose 0.3% in September, unrevised from the 0.3% gain estimated in the advance estimate, while wholesale sales rose 1.3%, data released Thursday by the U.S. Commerce Department showed.

Initial claims U.S. state unemployment benefits rose by 10,000 to 239,000 in the November 4 week.

Labor market “activity increased modestly and momentum remained high in October.”

Consumer credit increased by $20.8 billion in September to $3.788 trillion, the Federal Reserve reported Tuesday.