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U.S. Weekly Jobless Claims Dip Slightly More Than Expected
(RTTNews) - First-time claims for U.S. unemployment benefits fell by slightly more than expected in the week ended February 8th, according to a report released by the Labor Department on Thursday.
The report said initial jobless claims dipped to 213,000, a decrease of 7,000 from the previous week's revised level of 220,000.
Economists had expected jobless claims to slip to 215,000 from the 219,000 originally reported for the previous week.
The Labor Department said the less volatile four-week moving average also edged down to 216,000, a decrease of 1,000 from the previous week's revised average of 217,000.
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New York Manufacturing Activity Drops Significantly In March
The Federal Reserve Bank of New York released a report on Monday showing regional manufacturing activity dropped significantly in the month of March. The New York Fed said its general business conditions index plunged to a negative 20.0 in March after jumping to a positive 5.7 in February, with a negative reading indicating contraction. Economists had expected the index to fall to a negative 1.9.
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4h 8min ago
U.S. Retail Sales Rebound In February But Much Less Than Expected
After reporting a notable decrease by U.S. retail sales in the previous month, the Commerce Department released a report on Monday showing a modest rebound by retail sales in the month of February. The Commerce Department said retail sales rose by 0.2 percent in February after tumbling by a revised 1.2 percent in January. Economists had expected retail sales to climb by 0.7 percent.
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4h 11min ago
New York Manufacturing Index Plunges Much More Than Expected In March
The Federal Reserve Bank of New York released a report on Monday showing regional manufacturing activity dropped significantly in the month of March.
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5h 41min ago
U.S. Retail Sales Rebound Less Than Expected In February
After reporting a notable decrease by U.S. retail sales in the previous month, the Commerce Department released a report on Monday showing a modest rebound by retail sales in the month of February.
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5h 48min ago
U.S. Consumer Sentiment Plunges To Lowest Level In Over Two Years
Largely reflecting a substantial deterioration in consumer expectations, the University of Michigan released a report on Friday showing a much steeper than expected drop by its reading on U.S. consumer sentiment in the month of March. The University of Michigan said its consumer sentiment index plunged to 57.9 in March after tumbling to 64.7 in February.
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3 days ago
U.S. Weekly Jobless Claims Unexpectedly Edge Down To 220,000
A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended March 8th. The Labor Department said initial jobless claims edged down to 220,000, a decrease of 2,000 from the previous week's revised level of 222,000. The dip surprised economists, who had expected jobless claims to inch up to 225,000.
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4 days ago
U.S. Producer Prices Unexpectedly Flat In February
With an increase in prices for goods offset by a decrease in prices for services, the Labor Department released a report on Thursday showing producer prices in the U.S. were unexpectedly flat in the month of February. The Labor Department said its producer price index for final demand was unchanged in February after climbing by an upwardly revised 0.6 percent in January.
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4 days ago
U.S. Producer Price Index Unexpectedly Unchanged In February
With an increase in prices for goods offset by a decrease in prices for services, the Labor Department released a report on Thursday showing producer prices in the U.S. were unexpectedly flat in the month of February.
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4 days ago
