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U.S. Weekly Jobless Claims Edge Down To 227,000
(RTTNews) - With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 31st.
The report said initial jobless claims dipped to 227,000, a decrease of 5,000 from the previous week's revised level of 232,000.
Economists had expected jobless claims to edge down to 230,000 from the 231,000 originally reported for the previous week.
The Labor Department said the less volatile four-week moving average also slipped to 230,000, a decrease of 1,750 from the previous week's revised average of 231,750.
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U.S. Retail Sales Climb 0.6% In August, Much More Than Expected
The Commerce Department released a report on Tuesday showing retail sales in the U.S. rose by much more than expected in the month of August. The report said retail sales climbed by 0.6 percent in August, matching an upwardly revised increase in July. Economists had expected retail sales to inch up by 0.2 percent compared to the 0.5 percent growth originally reported for the previous month.
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U.S. Industrial Production Unexpectedly Inches Up 0.1% In August
Industrial production in the U.S. unexpectedly edged slightly higher in the month of August, according to a report released by the Federal Reserve on Tuesday.
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U.S. Import Prices Unexpectedly Rise 0.3% In August
A report released by the Labor Department on Tuesday showed import prices in the U.S. unexpectedly increased in the month of August.
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U.S. Retail Sales Climb Much More Than Expected In August
The Commerce Department released a report on Tuesday showing retail sales in the U.S. rose by much more than expected in the month of August.
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New York Manufacturing Index Unexpectedly Turns Negative In September
A report released by the Federal Reserve Bank of New York on Monday showed a substantial downturn by New York manufacturing activity in the month of September. The New York Fed said its general business conditions index plunged to a negative 8.7 in September from a positive 11.9 in August, with a negative reading indicating contraction. Economists had expected the index to fall to a positive 5.0.
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New York Manufacturing Index Plunges Much More Than Expected In September
A report released by the Federal Reserve Bank of New York on Monday showed a substantial downturn by New York manufacturing activity in the month of September.
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U.S. Consumer Sentiment Deteriorates Much More Than Expected In September
Preliminary data released by the University of Michigan on Friday showed consumer sentiment in the U.S. has deteriorated by much more than anticipated in the month of September. The University of Michigan said its consumer sentiment index fell to 55.4 in September from 58.2 in August. Economists had expected the index to edge down to 58.0.
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U.S. Jobless Claims Unexpectedly Climb To Nearly Four-Year High
First-time claims for U.S. unemployment benefits unexpectedly increased in the week ended September 6th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 263,000, an increase of 27,000 from the previous week's revised level of 236,000. Economists had expected jobless claims to edge down to 235,000.
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