Advertisement
Philly Fed Index Unexpectedly Indicates Faster Contraction In July
(RTTNews) - A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly contracted at a faster rate in the month of July.
The Philly Fed said its current general activity index slumped to a negative 12.3 in July from a negative 3.3 in June, with a negative reading indicating a contraction in regional manufacturing activity.
The continued decrease by the Philly Fed index came as a surprise to economists, who had expected the index to rebound to a positive 0.4.
Looking ahead, the Philly Fed said the future indicators suggest firms expect overall declines in activity and new orders but increases in shipments and employment over the next six months.
read more
Philly Fed Index Unexpectedly Unchanged In June
A report released by the Federal Reserve Bank of Philadelphia on Friday said regional manufacturing activity remained weak in the month of June.
RTTNews
|
1 ชม. 12 นาทีที่ผ่านมา
Fed Leaves Interest Rates Unchanged, Still Signals Two 2025 Rate Cuts
Despite pressure from U.S. President Donald Trump, the Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged.
RTTNews
|
1 วันที่ผ่านมา
U.S. Housing Starts Pull Back Sharply In May
The Commerce Department released a report on Wednesday showing a steep drop by new residential construction in the U.S. in the month of May. The report said housing starts plunged by 9.8 percent to an annual rate of 1.256 million in May after jumping by 2.7 percent to a revised rate of 1.392 million in April.
RTTNews
|
1 วันที่ผ่านมา
U.S. Jobless Claims Pull Back Off Eight-Month High
First-time claims for U.S. unemployment benefits edged modestly lower in the week ended June 14th, according to a report released by the Labor Department on Wednesday. The report said initial jobless claims dipped to 245,000, a decrease of 5,000 from the previous week's revised level of 250,000.
RTTNews
|
1 วันที่ผ่านมา
U.S. Housing Starts Plunge Much More Than Expected In May
The Commerce Department released a report on Wednesday showing a steep drop by new residential construction in the U.S. in the month of May.
RTTNews
|
2 วันที่ผ่านมา
U.S. Weekly Jobless Claims Edge Down In Line With Estimates
First-time claims for U.S. unemployment benefits edged modestly lower in the week ended June 14th, according to a report released by the Labor Department on Wednesday.
RTTNews
|
2 วันที่ผ่านมา
U.S. Homebuilder Confidence Unexpectedly Slips To Five-Year Low In June
Homebuilder confidence in the U.S. has unexpectedly seen a continued deterioration in the month of June, the National Association of Home Builders revealed in a report released on Tuesday.
RTTNews
|
2 วันที่ผ่านมา
U.S. Industrial Production Unexpectedly Dips 0.2% In May
Industrial production in the U.S. unexpectedly saw a modest decrease in the month of May, according to a report released by the Federal Reserve on Tuesday. The Fed said industrial production dipped by 0.2 percent in May following a revised 0.1 percent uptick in April.
RTTNews
|
2 วันที่ผ่านมา
