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U.S. Jobless Claims Unexpectedly Climb To Nearly Four-Month High

U.S. Jobless Claims Unexpectedly Climb To Nearly Four-Month High

First-time claims for unemployment benefits in the U.S. unexpectedly increased in the week ended May 30th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 225,000, an increase of 13,000 from the previous week's revised level of 212,000.
RTTNews | 19 h 50 min atrás
U.S. Services Index Rises More Than Expected In May

U.S. Services Index Rises More Than Expected In May

The Institute for Supply Management released a report on Wednesday showing its reading on U.S. service sector activity increased by more than expected in the month of May. The ISM said its services PMI rose to 54.5 in May from 53.6 in April, with a reading above 50 indicating growth. Economists had expected the index to tick up to 53.7.
RTTNews | 1 dia atrás
U.S. Private Sector Job Growth Modestly Exceeds Estimates In May

U.S. Private Sector Job Growth Modestly Exceeds Estimates In May

A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. jumped by slightly more than expected in the month of May. ADP said private employment shot up by 122,000 jobs in May after increasing by a downwardly revised 105,000 jobs in April.
RTTNews | 1 dia atrás
U.S. Construction Spending Increases From Downwardly Revised Level In April

U.S. Construction Spending Increases From Downwardly Revised Level In April

A report released by the Commerce Department on Monday showed construction spending in the U.S. increased from a downwardly revised level in the month of April. The Commerce Department said construction spending climbed by 0.4 percent to an annual rate of $2.172 trillion in April after rising by 0.2 percent to a revised rate of $2.164 trillion in March.
RTTNews | 3 dias atrás
U.S. Manufacturing Index Rises To Four-Year High In May

U.S. Manufacturing Index Rises To Four-Year High In May

Manufacturing activity in the U.S. expanded for the fifth consecutive month in May, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI rose to 54.0 in May from 52.7 in April, with a reading above 50 indicating growth. Economists had expected the index to inch up to 53.1.
RTTNews | 3 dias atrás
Chicago Business Barometer Soars To Highest Level Since January 2022

Chicago Business Barometer Soars To Highest Level Since January 2022

A report released by MNI Indicators on Friday showed its reading on Chicago-area business activity soared to its highest level in over four years in the month of May. MNI Indicators said its Chicago business barometer spiked to 62.7 in May from 49.2 in April, with a reading above 50 indicating growth. Economists had expected the index to rise to 51.2.
RTTNews | 6 dias atrás
U.S. New Home Sales Pull Back Sharply In April

U.S. New Home Sales Pull Back Sharply In April

After reporting a sharp increase in new home sales in the U.S. in the previous month, the Commerce Department released a report on Thursday showing new home sales pulled back by much more than expected in the month of April. The Commerce Department said new home sales plunged by 6.2 percent to an annual rate of 622,000 in April after surging by 3.4 percent to a revised rate of 663,000 in March.
RTTNews | 7 dias atrás