U.S. Private Sector Employment Jumps More Than Expected In April
(RTTNews) - Private sector employment in the U.S. increased by more than expected in the month of April, according to a report released by payroll processor ADP on Wednesday.
ADP said private sector employment shot up by 192,000 jobs in April after jumping by an upwardly revised 208,000 jobs in March.
Economists had expected private sector employment to climb by 175,000 jobs compared to the addition of 184,000 jobs originally reported for the previous month.
"Hiring was broad-based in April," said ADP chief economist Nela Richardson. "Only the information sector - telecommunications, media, and information technology - showed weakness, posting job losses and the smallest pace of pay gains since August 2021."
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U.S. Business Inventories Increase In Line With Estimates In April
A report released by the Commerce Department on Tuesday showed business inventories in the U.S. increased in line with economist estimates in the month of April. The Commerce Department said business inventories rose by 0.3 percent in April after edging down by 0.1 percent in March. Economists had expected business inventories to climb by 0.3 percent.
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vor 4Std 30 Minuten
U.S. Industrial Production Jumps Much More Than Expected In May
Industrial production in the U.S. increased by much more than expected in the month of May, the Federal Reserve revealed in a report released by on Tuesday. The Fed said industrial production jumped by 0.9 percent in May after coming in unchanged in April. Economists had expected industrial production to rise by 0.3 percent.
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vor 5Std 5 Minuten
U.S. Retail Sales Inch Up 0.1% In May, Slightly Less Than Expected
Retail sales in the U.S. inched slightly higher in the month of May, according to a report released by the Commerce Department on Tuesday. The Commerce Department said retail sales crept up by 0.1 percent in May after dipping by a revised 0.2 percent in April. Economists had expected retail sales to rise by 0.2 percent compared to the unchanged reading originally reported for the previous month.
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vor 5Std 16 Minuten
U.S. Retail Sales Inch Up Slightly Less Than Expected In May
Retail sales in the U.S. inched slightly higher in the month of May, according to a report released by the Commerce Department on Tuesday.
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vor 6Std 9 Minuten
New York Manufacturing Index Indicates Notably Slower Contraction In June
New York manufacturing activity contracted at a notably slower rate in the month of June, according to a report released by the Federal Reserve Bank of New York on Monday. The New York Fed said its general business conditions index climbed to a negative 6.0 in June from a negative 15.6 in May, although a negative reading still indicates contraction.
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New York Manufacturing Index Rebounds More Than Expected But Remains Negative
New York manufacturing activity contracted at a notably slower rate in the month of June, according to a report released by the Federal Reserve Bank of New York on Monday.
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U.S. Consumer Sentiment Unexpectedly Drops To Seven-Month Low In June
The University of Michigan released preliminary data on Friday unexpectedly showing a continued deterioration in U.S. consumer sentiment in the month of June. The report said the consumer sentiment index fell to 65.6 in June after tumbling to 69.1 in May. Economists had expected the index to rebound to 72.0.
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U.S. Import Price Unexpectedly Decrease 0.4% In May
A report released by the Labor Department on Friday showed unexpected decreases by U.S. import and export prices in the month of May. The Labor Department said import prices fell by 0.4 percent in May following a 0.9 percent advance in April. Economists had expected import prices to inch up by 0.1 percent.
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