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New York Manufacturing Index Rebounds More Than Expected In April
(RTTNews) - New York manufacturing activity has declined modestly in the month of April, the Federal Reserve Bank of New York revealed in a report released on Tuesday.
The New York Fed said its general business conditions index jumped to a negative 8.1 in April after plunging to a negative 20.0 in March, although a negative reading still indicates contraction. Economists had expected the index to rise to a negative 14.5.
Looking ahead, the New York Fed said firms expect conditions to worsen in the months ahead, with the index for future business activity plunging to a negative 7.4 in April from a positive 12.7 in March.
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U.S. Wholesale Inventories Climb Slightly Less Than Expected In March
The Commerce Department released a report on Thursday showing wholesale inventories in U.S. increased by slightly less than expected in the month of March. The report said wholesale inventories rose by 0.4 percent in March after climbing by an upwardly revised 0.5 percent in February.
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1天前
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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1天前
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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1天前
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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1天前
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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1天前
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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2天前
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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3天前
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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3天前
