U.S. Weekly Jobless Claims Unexpectedly Edge Down To 213,000

RTTNews | 957 hari yang lalu
U.S. Weekly Jobless Claims Unexpectedly Edge Down To 213,000

(RTTNews) - A report released by the Labor Department on Thursday unexpectedly showed another modest decrease in first-time claims for U.S. unemployment benefits in the week ended September 10th.

The Labor Department said initial jobless claims slipped to 213,000, a decrease of 5,000 from the previous week's revised level of 218,000.

Economists had expected jobless claims to inch up to 226,000 from the 222,000 originally reported for the previous week.

With the unexpected dip, jobless claims fell to their lowest level since hitting 202,000 in the week ended May 28, 2022.

The report also showed the less volatile four-week moving average edged down to 224,000, a decrease of 8,000 from the previous week's revised average of 232,000.

read more
U.S. Consumer Sentiment Deteriorates Modestly Less Than Estimated In April

U.S. Consumer Sentiment Deteriorates Modestly Less Than Estimated In April

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated modestly less than previously estimated in the month of April. The University of Michigan said its consumer sentiment index for April was upwardly revised to 52.2 from a preliminary reading of 50.8. Economists had expected the index to be unrevised.
RTTNews | 3 hari yang lalu
U.S. Existing Home Sales Plunge More Than Expected In March

U.S. Existing Home Sales Plunge More Than Expected In March

Reflecting affordability challenges associated with high mortgage rates, the National Association of Realtors released a report on Thursday showing a steep drop by U.S. existing home sales in the month of March. NAR said existing home sales plunged by 5.9 percent to an annual rate of 4.02 million in March after surging by 4.4 percent to a revised rate of 4.27 million in February.
RTTNews | 4 hari yang lalu
U.S. Durable Goods Orders Spike Much More Than Expected As Aircraft Demand Soars

U.S. Durable Goods Orders Spike Much More Than Expected As Aircraft Demand Soars

A report released by the Commerce Department on Thursday showed new orders for U.S. manufactured durable goods surged much more than expected in the month of March amid a spike by orders for transportation equipment. The Commerce Department said durable goods orders shot up by 9.2 percent in March after climbing by a downwardly revised 0.9 percent in February.
RTTNews | 4 hari yang lalu
U.S. Weekly Jobless Claims Inch Up To 222,000

U.S. Weekly Jobless Claims Inch Up To 222,000

The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits edged modestly higher in the week ended April 19th. The report said initial jobless claims crept up to 222,000, an increase of 6,000 from the previous week's revised level of 216,000.
RTTNews | 4 hari yang lalu
U.S. Weekly Jobless Claims Inch Modestly Higher

U.S. Weekly Jobless Claims Inch Modestly Higher

The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits edged modestly higher in the week ended April 19th.
RTTNews | 4 hari yang lalu
U.S. New Home Sales Surge Much More Than Expected In March

U.S. New Home Sales Surge Much More Than Expected In March

New home sales in the U.S. surged by much more than expected in the month of March, according to a report released by the Commerce Department on Wednesday. The Commerce Department said new home sales spiked by 7.4 percent to an annual rate of 724,000 in March after jumping by 3.1 percent to a revised rate of 674,000 in February.
RTTNews | 5 hari yang lalu
IMF Warns Of Tariff War Impact As Global Growth Projections Slashed

IMF Warns Of Tariff War Impact As Global Growth Projections Slashed

The International Monetary Fund slashed the global growth forecasts for this year and next on Tuesday, citing the potential impact of the trade tariffs imposed by U.S. President Donald Trump and cautioned against significant adverse effect on the world economy if the current trade tensions persist.
RTTNews | 6 hari yang lalu