U.S. Initial Jobless Claims Increase Much More Than Expected
(RTTNews) - A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by much more than expected in the week ended July 27th.
The report said initial jobless claims climbed to 249,000, an increase of 14,000 from the previous week's unrevised level of 235,000. Economists had expected jobless claims to inch up to 236,000.
The Labor Department said the less volatile four-week moving average also crept up to 238,000, an increase of 2,500 from the previous week's unrevised average of 235,500.
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U.S. New Home Sales Show Significant Rebound In November
After reporting a sharp pullback by new home sales in the U.S. in the previous month, the Commerce Department released a report on Monday showing a significant rebound by new home sales in the month of November. The Commerce Department said new home sales surged by 5.9 percent to an annual rate of 664,000 in November after plunging by 14.8 percent to a revised rate of 627,000 in October.
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1 dia atrás
U.S. Consumer Confidence Unexpectedly Deteriorates In December
Consumer confidence in the U.S. has unexpectedly deteriorated in the month of December, according to a report released by the Conference Board on Monday. The Conference Board said its consumer confidence index tumbled to 104.7 in December from an upwardly revised 112.8 in November.
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U.S. Durable Goods Orders Pull Back More Than Expected In November
New orders for U.S. manufactured durable goods slumped by much more than expected in the month of November, according to a report released by the Commerce Department on Monday. The report said durable goods orders tumbled by 1.1 percent in November after climbing by an upwardly revised 0.8 percent in October.
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1 dia atrás
U.S. Consumer Sentiment Improves In Line With Preliminary Estimate In December
The University of Michigan released a report on Friday showing consumer sentiment in the U.S. improved in line with its preliminary estimate in the month of December. The report said the consumer sentiment index for December was unrevised from the preliminary estimate of 74.0, in line with economists' expectations. The consumer sentiment index increased from 71.8 in November.
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4 dias atrás
U.S. Consumer Prices Inch Higher In November, Annual Growth Accelerates Slightly Less Than Expected
Consumer prices in the U.S. crept slightly higher in the month of November, according to a closely watched report released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index inched up by 0.1 percent in November after rising by 0.2 percent in October. Economists had expected prices to increase by another 0.2 percent.
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4 dias atrás
U.S. Consumer Prices Inch Up Slightly Less Than Expected In November
Consumer prices in the U.S. crept slightly higher in the month of November, according to a closely watched report released by the Commerce Department on Friday.
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4 dias atrás
U.S. Leading Economic Index Rises For First Time Since February 2022
The Conference Board released a report on Thursday showing its reading on leading U.S. economic indicators increased for the first time in well over two years in the month of November. The report said the leading economic index rose by 0.3 percent in November after falling by 0.4 percent in October. Economists had expected the index to edge down by 0.1 percent.
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5 dias atrás
U.S. Existing Home Sales Spike To Eight-Month High In November
After reporting a significant rebound by U.S. existing home sales in the previous month, the National Association of Realtors released a report on Thursday showing another substantial increase by existing home sales in the month of November. NAR said existing home sales spiked by 4.8 percent to an annual rate of 4.15 million in November.
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5 dias atrás
