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U.S. Durable Goods Orders Unexpectedly Increase In April
(RTTNews) - New orders for U.S. manufactured durable goods unexpectedly increased in the month of April, according to a report released by the Commerce Department on Friday, although the growth came following a significantly downwardly revised jump in March.
The report said durable goods orders climbed by 0.7 percent in April following a downwardly revised 0.8 percent advance in March.
Economist had expected durable goods orders to decrease by 0.8 percent compared to the 2.6 percent surge originally reported for the previous month.
Excluding orders for transportation equipment, durable goods orders rose by 0.4 percent in April after coming in unchanged in March. Ex-transportation orders were expected to inch up by 0.1 percent.
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U.S. Wholesale Inventories Climb Much More Than Expected In September
Wholesale inventories in the U.S. increased by much more than expected in the month of September, according to a report released by the Commerce Department on Thursday. The Commerce Department said wholesale inventories climbed by 0.5 percent in September after edging down by a revised 0.1 percent in August. Economists had expected wholesale inventories to inch up by 0.1 percent.
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1 day ago
U.S. Trade Deficit Unexpectedly Narrows In September As Exports Surge
Reflecting a sharp increase in the value of exports, the Commerce Department released a report on Thursday showing the U.S. trade deficit unexpectedly narrowed in the month of September. The Commerce Department said the trade deficit shrank to $52.8 billion in September from a revised $59.3 billion in August. Economists had expected the trade deficit to widen to $63.3 billion.
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1 day ago
U.S. Jobless Claims Rebound More Than Expected To 236,000
First-time claims for U.S. unemployment benefits rebounded by more than expected in the week ended December 6th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 236,000, an increase of 44,000 from the previous week's revised level of 192,000. Economists had expected jobless claims to climb to 220,000.
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1 day ago
U.S. Trade Deficit Unexpectedly Narrows In September
Reflecting a sharp increase in the value of exports, the Commerce Department released a report on Thursday showing the U.S. trade deficit unexpectedly narrowed in the month of September.
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1 day ago
U.S. Weekly Jobless Claims Rebound More Than Expected
First-time claims for U.S. unemployment benefits rebounded by more than expected in the week ended December 6th, according to a report released by the Labor Department on Thursday.
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1 day ago
Fed Cuts Rates For Third Straight Meeting But Signals Differing Views About Outlook
The Federal Reserve on Wednesday announced its widely expected decision to cut interest rates by another quarter point, matching the rate cuts seen in September and October. The Fed said it decided to lower the target range for the federal funds rate by 25 basis points to 3.50 to 3.75 percent.
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2 days ago
U.S. Leading Economic Index Falls 0.3% In September
A report released by the Conference Board on Tuesday showed a continued decrease by its reading on leading U.S. economic indicators in the month of September. The Conference Board said its leading economic index fell by 0.3 percent in September, matching an upwardly revised dip in August.
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3 days ago
U.S. Job Openings Edge Slightly Higher In October
Job openings in the U.S. edged slightly higher in the month of October, according to a report released by the Labor Department on Tuesday.
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3 days ago
