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Producer prices were down 2.8 percent in October from a year ago, a slightly faster pace than the 2.7 percent decrease that economists had expected but not as fast a decline as in September, when they were down 3.6 percent.
Tuesday's Commerce Department report also showed that the nation's output grew at a slightly faster pace than originally estimated last quarter.
Separately, factory activity in the New York region is growing at a slightly faster pace, according to a survey issued Monday.
Overall this would give us a 0.4% increase in GDP with, if anything, the risks tilted towards a slightly faster pace of growth," said Shaw.
Core inflation has risen 2.2percentt over the last 12 months, a slightly faster pace than the Fed would like but far from a sign of imminent price pressures.
The Commerce Department reported that brisk consumer spending nudged the expansion of the economy ahead at a slightly faster pace than expected, setting the stage for a second-half surge in growth.
Similar(45)
In exchange for $20,000 dollars, I agree to show Discovery the six completed episodes... as well as edit for them a slightly faster paced episode -- which is the one creative change they want to make.
It moves data at a slightly faster rate.
"I was thinking of playing a slightly faster grace note.
This will naturally result in a slightly longer stride and a faster pace".
Today she was going to run nine miles — half of that distance on the track, half on the trails around campus — at a pace slightly faster than she would employ in the race.
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