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U.S. Weekly Jobless Claims Edge Down Less Than Expected
(RTTNews) - The Labor Department released a report on Thursday showed a modest decrease in first-time claims for U.S. unemployment benefits in the week ended June 11th.
The report showed initial jobless claims edged down to 229,000, a decrease of 3,000 from the previous week's revised level of 232,000.
Economists had expected jobless claims to dip to 220,000 from the 229,000 originally reported for the previous week.
Meanwhile, the Labor Department said the less volatile four-week moving average crept up to 218,500, an increase of 2,750 from the previous week's revised average of 215,750.
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Philly Fed Index Plummets To Two-Year Low In April
The Federal Reserve Bank of Philadelphia released a report on Thursday showing a steep drop by its reading on regional manufacturing activity in the month of April. The Philly Fed said its diffusion index for current general activity plummeted to a negative 26.4 in April from a positive 12.5 in March, with a negative reading indicating contraction.
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U.S. Weekly Jobless Claims Unexpectedly Dip To Two-Month Low
First-time claims for U.S. unemployment benefits unexpectedly saw a modest decrease in the week ended April 12th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 215,000, a decrease of 9,000 from the previous week's revised level of 224,000.
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U.S. Housing Starts Plunge 11.4% In March, Much More Than Expected
A report released by the Commerce Department on Thursday showed new residential construction in the U.S. pulled back by much more than expected in the month of March. The Commerce Department said housing starts plunged by 11.4 percent to an annual rate of 1.324 million in March after surging by 9.8 percent to a revised rate of 1.494 million in February.
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Philly Fed Index Plummets Much More Than Expected In April
The Federal Reserve Bank of Philadelphia released a report on Thursday showing a steep drop by its reading on regional manufacturing activity in the month of April.
RTTNews
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5 dni temu
U.S. Housing Starts Plunge Much More Than Expected In March
A report released by the Commerce Department on Thursday showed new residential construction in the U.S. pulled back by much more than expected in the month of March.
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U.S. Weekly Jobless Claims Unexpectedly Dip
First-time claims for U.S. unemployment benefits unexpectedly saw a modest decrease in the week ended April 12th, according to a report released by the Labor Department on Thursday.
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U.S. Business Inventories Rise In Line With Estimates In February
A report released by the Commerce Department on Wednesday showed business inventories in the U.S. increased in line with economist estimates in the month of February. The Commerce Department said business inventories rose by 0.2 percent in February after climbing by 0.3 percent in January.
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U.S. Homebuilder Confidence Unexpectedly Inches Higher In April
The National Association of Home Builders released a report on Wednesday unexpectedly showing a slight improvement by U.S. homebuilder confidence in the month of April. The report said the NAHB/Wells Fargo Housing Market Index inched up to 40 in April after falling to 39 in March. Economists had expected the index to dip to 37.
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