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U.S. Retail Sales Pull Back More Than Expected In November
(RTTNews) - After reporting a sharp increase in U.S. retail sales in the previous month, the Commerce Department released a report on Thursday showing retail sales pulled back by much more than expected in the month of November.
The Commerce Department said retail sales slid by 0.6 percent in November after surging by 1.3 percent in October. Economists had expected retail sales to edge down by 0.1 percent.
Excluding a steep drop in sale by motor vehicle and parts dealers, retail sales slipped by 0.2 percent in November after jumping by 1.2 percent in October. Ex-auto sales were expected to inch up by 0.2 percent.
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U.S. Labor Productivity Decreases For First Time Since 2022
The Labor Department released a report on Thursday showing a pullback by U.S. labor productivity in the first quarter of 2025 along with a sharp increase by unit labor costs. The report said labor productivity fell by 0.8 percent in the first quarter after jumping by an upwardly revised 1.7 percent in the fourth quarter of 2024.
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vor 33 Minuten
U.S. Weekly Jobless Claims Dip Slightly More Than Expected
First-time claims for U.S. unemployment benefits saw a modest decline in the week ended May 3rd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 228,000, a decrease of 13,000 from the previous week's unrevised level of 241,000. Economists had expected jobless claims to slip to 230,000.
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vor 39 Minuten
U.S. Labor Productivity Pulls Back More Than Expected In Q1
The Labor Department released a report on Thursday showing a pullback by U.S. labor productivity in the first quarter of 2025 along with a sharp increase by unit labor costs.
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vor 2Std 2 Minuten
U.S. Weekly Jobless Claims Dip To 228,000
First-time claims for U.S. unemployment benefits saw a modest decline in the week ended May 3rd, according to a report released by the Labor Department on Thursday.
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vor 2Std 8 Minuten
Fed Leaves Interest Rates Unchanged, Warns Of Higher Unemployment, Inflation.
The Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged, highlighting increased uncertainty about the economic outlook. The Fed said it decided to leave the target for the federal funds rate at 4.25 to 4.50 percent for the third straight meeting.
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vor 20Std 23 Minuten
U.S. Trade Deficit Spikes To Record High In March As Import Surge
The U.S. trade deficit spiked by much more than expected in the month of March, according to a report released by the Commerce Department on Tuesday. The report said the trade deficit soared to a record high $140.5 billion in March from a revised $123.2 billion in February.
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vor 2 Tagen
U.S. Trade Deficit Surges Much More Than Expected In March
The U.S. trade deficit spiked by much more than expected in the month of March, according to a report released by the Commerce Department on Tuesday.
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vor 2 Tagen
U.S. Services Index Unexpectedly Increases In April
A report released by the Institute for Supply Management on Monday showed an unexpected increase by its reading on U.S. service sector activity in the month of April. The ISM said its services PMI rose to 51.6 in April from 50.8 in March, with a reading above 50 indicating growth. Economists had expected the index to edge down to 50.6.
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vor 2 Tagen
