U.S. Weekly Jobless Claims Unexpectedly Decrease To 241,000
(RTTNews) - First-time claims for U.S. unemployment benefits saw an unexpected pullback in the week ended October 12th, according to a report released by the Labor Department on Thursday.
The report said initial jobless claims fell to 241,000, a decrease of 19,000 from the previous week's revised level of 260,000.
Economists had expected jobless claims to inch up to 260,000 from the 258,000 originally reported for the previous week.
Meanwhile, the Labor Department said the less volatile four-week moving average rose to 236,250, an increase of 4,750 from the previous week's revised average of 231,500.
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U.S. Retail Sales Climb 0.4% In September, Slightly More Than Expected
A report released by the Commerce Department on Thursday showed retail sales in the U.S. increased by slightly more than expected in the month of September. The Commerce Department said retail sales rose by 0.4 percent in September after inching up by 0.1 percent in August. Economists had expected retail sales to rise by 0.3 percent.
RTTNews
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4h 39min ago
U.S. Jobless Claims Unexpectedly Pull Back Off Highest Level In Over A Year
First-time claims for U.S. unemployment benefits saw an unexpected pullback in the week ended October 12th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 241,000, a decrease of 19,000 from the previous week's revised level of 260,000.
RTTNews
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4h 46min ago
U.S. Industrial Production Dips Slightly More Than Expected In September
A report released by the Federal Reserve on Thursday showed industrial production in the U.S. fell by slightly more than expected in the month of September.
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4h 58min ago
U.S. Import Prices Decrease 0.4% In September, In Line With Estimates
Reflecting a sharp drop by prices for fuel imports, the Labor Department released a report on Wednesday showing a continued decrease by prices for U.S. imports in the month of September. The Labor Department said import prices fell by 0.4 percent in September after slipping by a revised 0.2 percent in August. The decline matched economist estimates.
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1 day ago
U.S. Import Prices Decrease In Line With Estimates In September
Reflecting a sharp drop by prices for fuel imports, the Labor Department released a report on Wednesday showing a continued decrease by prices for U.S. imports in the month of September.
RTTNews
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1 day ago
New York Manufacturing Index Indicates Return To Contraction In October
Following a significant turnaround in the previous month, the Federal Reserve Bank of New York released a report on Tuesday showing regional manufacturing activity has returned to contraction in the month of October. The New York Fed said its general business conditions index tumbled to a negative 11.9 in October from a positive 11.5 in September, with a negative reading indicating contraction.
RTTNews
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2 days ago
New York Manufacturing Index Tumbles Much More Than Expected In October
Following a significant turnaround in the previous month, the Federal Reserve Bank of New York released a report on Tuesday showing regional manufacturing activity has returned to contraction in the month of October.
RTTNews
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2 days ago
U.S. Dollar Little Changed As Traders Digest Inflation, Consumer Sentiment Data
After trending higher over the past couple weeks, the value of the U.S. dollar has fluctuated over the course of trading on Friday.
RTTNews
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5 days ago
