Economic Calendar

Saturday, August 16, 2008

Friday's News Recap: U.S. Industrial Production Grows, Consumer Sentiment Rises

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Friday's News Recap: U.S. Industrial Production Grows, Consumer Sentiment Rises
16 Agustus 2008 3:03
(CEP News) - U.S. markets received some upbeat reports Friday morning as U.S. consumer sentiment improved, industrial production saw an unexpected boost in July and manufacturing in New York rebounded into growth mode in August. However, the Bureau of Labor Statistics reported rising unemployment while in the afternoon, the Fed's Dennis Lockhart said he "wouldn't rule out any action" on Fed rates.


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