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Philly Fed Index Jumps Much More Than Expected In July
(RTTNews) - After reporting a slowdown in the pace of regional manufacturing growth in the previous month, the Federal Reserve Bank of Philadelphia released a report on Thursday showing the pace of growth reaccelerated by much more than expected in the month of July.
The Philly Fed said its diffusion index for current general activity jumped to 13.9 in July from 1.3 in June, with a positive reading indicating growth. Economists had expected the index to inch up to 2.9.
The report said most future activity indicators also rose, suggesting more widespread expectations for overall growth over the next six months.
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U.S. Factory Orders Rise Less Than Expected In September
New orders for U.S. manufactured goods saw a modest increase in the month of September, according to a report released by the Commerce Department on Thursday. The Commerce Department said factory orders rose by 0.2 percent in September after jumping by a downwardly revised 1.3 percent in August.
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2h 22phút trước
U.S. Jobless Claims Unexpectedly Drop To Three-Year Low
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly fell to a three-year low in the week ended November 29th. The report said initial jobless claims slid to 191,000, a decrease of 27,000 from the previous week's revised level of 218,000. Economist had expected jobless claims to rise to 220,000.
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3h 8phút trước
U.S. Weekly Jobless Claims Unexpectedly Drop To 191,000
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly fell to a three-year low in the week ended November 29th.
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4h 11phút trước
U.S. Services Index Unexpectedly Indicates Slightly Faster Growth In November
Service sector activity in the U.S. unexpectedly grew at a slightly faster rate in the month of November, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its services PMI inched up to 52.6 in November after climbing to 52.4 in October, with a reading above 50 indicating growth. Economists had expected the index to edge down to 52.1.
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1 ngày trước
U.S. Industrial Production Edges Slightly Higher In September
Industrial production in the U.S. edged slightly higher in the month of September, the Federal Reserve revealed in a long-delayed report released on Wednesday. The Fed said industrial production inched up by 0.1 percent September after dipping by a revised 0.3 percent in August.
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1 ngày trước
U.S. Import, Export Prices Unexpectedly Unchanged In September
The Labor Department released a long-delayed report on Wednesday showing U.S. import and exports both came in flat in the month of September. The report said import prices came in unchanged in September following a downwardly revised 0.1 percent uptick in August. Economists had expected import prices to inch up by 0.1 percent.
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1 ngày trước
U.S. Private Sector Employment Unexpectedly Dips By 32,000 Jobs In November
A report released by payroll processor ADP on Wednesday showed an unexpected decrease by private sector employment in the U.S in the month of November. ADP said private sector employment fell by 32,000 jobs in November after climbing by an upwardly revised 47,000 jobs in October. Economists had expected private sector employment to inch up by 10,000 jobs.
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1 ngày trước
U.S. Industrial Production Unexpectedly Inches Up 0.1% In September
Industrial production in the U.S. edged slightly higher in the month of September, the Federal Reserve revealed in a long-delayed report released on Wednesday.
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1 ngày trước
