New York Manufacturing Index Edges Slightly Lower In July
(RTTNews) - A report released by the Federal Reserve Bank of New York on Monday showed regional manufacturing activity contracted at a slightly faster rate in the month of July.
The New York Fed said its general business conditions index edged down to a negative 6.6 in July from a negative 6.0 in June, with a negative reading indicating contraction. Economists had expected the index to come in unchanged.
Looking ahead, the New York fed said firms remained fairly optimistic conditions would improve in the months ahead, although the index for future business conditions fell to 25.8 in July from 30.1 in June.
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U.S. Pending Home Sales Spike Much More Than Expected In September
Pending home sales in the U.S. spiked by much more than expected in the month of September, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales index soared by 7.4 percent to 75.8 in September after climbing by 0.6 percent to 70.6 in August. Economists had expected pending home sales to jump by 1.1 percent.
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6h 55min ago
U.S. Economic Growth Unexpectedly Slows Modestly In Q3
A report released by the Commerce Department on Wednesday showed U.S. economic growth unexpectedly slowed in the third quarter. The Commerce Department said gross domestic product shot up by 2.8 percent in the third quarter after surging by 3.0 percent in the second quarter. Economists had expected another 3.0 percent jump.
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7h 55min ago
U.S. Private Sector Employment Surges By 233,000 Jobs In October, Much More Than Expected
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. shot up by much more than anticipated in the month of October. ADP said private sector employment surged by 233,000 jobs in October after jumping by an upwardly revised 159,000 jobs in September. Economists had expected private sector employment to climb by 115,000 jobs.
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8h 28min ago
U.S. Gross Domestic Product Jumps Less Than Expected In Q3
A report released by the Commerce Department on Wednesday showed U.S. economic growth unexpectedly slowed in the third quarter.
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8h 50min ago
U.S. Private Sector Employment Surges Much More Than Expected In October
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. shot up by much more than anticipated in the month of October.
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9h 8min ago
U.S. Job Openings Decrease To 7.44 Million In September
The Labor Department released a report on Tuesday showing a decrease by job openings in the U.S. in the month of September.
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1 day ago
U.S. Consumer Confidence Improves Much More Than Expected In October
A report released by the Conference Board on Tuesday showed a substantial improvement by U.S. consumer confidence in the month of October. The Conference Board said its consumer confidence index surged to 108.7 in October after tumbling to a revised 99.2 in September. Economists had expected the consumer confidence index to inch up to 99.1 from the 98.7 originally reported for the previous month.
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1 day ago
U.S. Consumer Sentiment Unexpectedly Improves To Six-Month High In October
Consumer sentiment in the U.S. unexpectedly improved in the month of October, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for October was upwardly revised to 70.5 from a preliminary reading of 68.9. Economists had expected the index to be upwardly revised slightly to 69.0.
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5 days ago
