RELATED NEWS

Friday December 09 2016
US Consumer Sentiment Rises To Nearly 2-Year High  
The preliminary reading of the University of Michigan's consumer sentiment for the United States increased to 98 in December 2016 from a final reading of 93.8 in November. It was the highest reading since January 2015, as consumers expected a positive impact of new economic policies following Donald Trump’s election.
Thursday December 08 2016
US Jobless Claims Decline From 5-Month High To 258K  
The number of Americans filing for unemployment benefits decreased by 10 thousand to 258 thousand in the week ended December 3rd from the previous week's unrevised level of 268 thousand and in line with market expectations. It was the 92nd straight week that claims were below 300 thousand, the longest stretch since 1970.
Tuesday December 06 2016
US Trade Deficit Widens to 4-Month High in October  
The trade gap in the United States increased to $42.6 billion in October of 2016, up $6.4 billion from a downwardly revised $36.2 billion in September. Exports recorded the biggest decline since January due to lower shipments of food, industrial supplies and materials, automobiles, consumer goods and soybeans while imports reached the highest in 14 months.
Monday December 05 2016
US Services Sector Growth at 13-Month High: ISM  
The ISM Non-Manufacturing PMI index rose to 57.2 in November of 2016 from 54.8 in the previous month, beating market expectations of 55.4. It is the highest value since October last year, boosted by business activity and employment while new orders growth slowed.
Friday December 02 2016
US Jobless Rate At 9-Year Low Of 4.6%  
US unemployment rate fell to 4.6 percent in November 2016 from 4.9 percent in the previous month and well below market expectations of 4.9 percent. It was the lowest jobless rate since August 2007, as the number of unemployed persons declined by 387 thousand to 7.4 million while the labor force participation rate decreased by 0.1 percentage point to 62.7 percent.
Friday December 02 2016
US Economy Adds More Jobs Than Expected  
Total nonfarm payroll employment in the United States increased by 178,000 in November of 2016, more than a downwardly revised 142,000 in October and above market expectations of 175,000. Employment gains occurred in professional and business services and in health care.
Thursday December 01 2016
US Factories Grew For Third Straight Month  
The Institute for Supply Management’s Manufacturing PMI rose to 53.2 in November 2016 from 51.9 in October, above market expectations of 52.2. It was the highest reading in five months as new orders, production and inventories of raw materials came in stronger than in the previous month while employment growth slowed down.
Thursday December 01 2016
US Markit Manufacturing PMI Revised UP  
The Final US Markit Manufacturing PMI increased to 54.1 in November of 2016 from 53.4 in October and above flash estimates of 53.9. It is the strongest reading since October last year as output rose the most in 20 months, payrolls increased and cost inflation slowed.
Thursday December 01 2016
US Jobless Claims at 5-Month High  
The number of Americans filing for unemployment benefits increased by 17 thousand to 268 thousand in the week ended November 26th from the previous week's level of 251 thousand. It is the highest figure since the last week of June and above market expectations of 253 thousand. However, it is the 91st consecutive weeks of initial claims below 300,000, the longest streak since 1970.
Wednesday November 30 2016
US Personal Spending Rises Less Than Expected in October  
Personal consumption expenditures in the United States increased by 0.3 percent month-over-month in October 2016, easing from an upwardly revised 0.7 percent growth in September and below market expectations of 0.5 percent gain. Consumption of goods rose by 1.3 percent while spending on services fell by 0.2 percent.
Tuesday November 29 2016
US GDP Growth Revised Up to 3.2% in Q3  
The US economy advanced an annualized 3.2 percent on quarter in the three months to September of 2016, up from 1.4 percent growth in the previous period and better than a 2.9 percent expansion in the advance estimate. It is the highest growth rate in two years, as consumer spending, exports and investment in structures rose faster than anticipated while fixed investment fell more, according to the second estimate released by the Bureau of Economic Analysis.
Wednesday November 23 2016
Fed Says Case for Rate Hike Strengthened  
Federal Reserve policymakers consider the case for a rate hike continued to strengthen and that it would be appropriate to raise rates relatively soon, depending on further evidence of progress on inflation and employment, minutes from FOMC meeting held on November 1-2 showed.
Wednesday November 23 2016
US Consumer Sentiment Revised Up to 6-Month High  
The final reading of the University of Michigan's consumer sentiment for the United States rose to 93.8 in November 2016 compared to a preliminary figure of 91.6 and a final 87.2 in October. It was the strongest reading since May this year, as consumers' expectations regarding their personal finances and prospects for the national economy improved sharply.
Wednesday November 23 2016
US New Home Sales at 4-Month Low  
Sales of new single-family houses in the United States declined 1.9 percent to a seasonally adjusted annual rate of 563,000 in October of 2016, compared to market expectations of a 0.3 percent rise. Figures for the previous month were revised down by 19,000 to 574,000.
Wednesday November 23 2016
US Manufacturing PMI at 13-Month High  
The flash Markit US Manufacturing PMI increased to 53.9 in November of 2016 from 53.4 in October and above expectations of 53.4. It is the highest reading since October last year as output growth and new orders accelerated and inventories increased.
Wednesday November 23 2016
US Durable Goods Rise More Than Expected  
New orders for US manufactured durable goods jumped 4.8 percent month-over-month in October of 2016, following an upwardly revised 0.4 percent gain in September and beating market expectations of a 1.5 percent increase. It is the biggest gain since October last year, mainly boosted by a 12 percent surge in transport equipment. Excluding transportation, new orders increased 1 percent and excluding defense, new orders went up 5.2 percent. Non-defense capital goods orders excluding aircrafts, a proxy for business spending increased 0.4 percent.
Wednesday November 23 2016
US Jobless Claims Rise to 251K  
The number of Americans filing for unemployment benefits increased by 18 thousand to 251 thousand in the week ended November 19th from the previous week's revised level of 233 thousand. The figure came in slightly above market expectations of 250 thousand.
Thursday November 17 2016
US Housing Starts Rise to 9-Year High in October  
Housing starts in the United States climbed 25.5 percent from the previous month to a seasonally adjusted annualized rate of 1323 thousand in October 2016, way above market expectations of 1156 thousand. It was the highest reading since August 2007 and the biggest increase since July 1982, as single-family housing starts advanced 10.7 percent and those for the volatile multi-family segment soared 68.8 percent.
Thursday November 17 2016
US Initial Jobless Claims at Fresh 43-Year Low  
The number of Americans filing for unemployment benefits decreased by 19 thousand to 235 thousand in the week ended November 12th from the previous week's unrevised level of 254 thousand. The figure came in below market expectations of 257 thousand to hit the lowest level since November 1973.
Thursday November 17 2016
US Inflation Rate Hits 2-Year High of 1.6%  
Consumer prices in the United States went up 1.6 percent year-on-year in October of 2016, up from a 1.5 percent rise in September and in line with market expectations. It is the highest inflation rate since October of 2014, boosted by rising shelter and energy cost while food prices declined for the second month.
Thursday November 17 2016
Fed Might Raise Rates Relatively Soon  
The case for a rate hike has strengthen as the economy appears on track to expand at a moderate pace sufficient to generate further strengthening in labor market and a return of inflation to the 2 percent objective over the next couple of years, Fed Chair Yellen said in a prepared remarks to Congress's Joint Economic Committee.
Wednesday November 16 2016
US Industrial Production Flat in October  
Industrial output in the United States was unchanged in October from September of 2016, following a 0.2 percent drop in the previous period and lower than market expectations of a 0.2 percent gain. Warmer-than-normal temperatures reduced the demand for heating, hurting utilities output and offsetting gains in mining and manufacturing.
Tuesday November 15 2016
US Retail Sales Rise for 2nd Month  
Retail sales in the United States increased 0.8 percent month-over-month in October from September of 2016, following an upwardly revised 1 percent rise in the previous period. Figures beat market expectations of a 0.6 percent gain, mainly boosted by sales of motor vehicles.
Friday November 11 2016
US Consumer Sentiment Up to 5-Month High  
The preliminary reading of the University of Michigan's consumer sentiment for the United States increased to 91.6 in November of 2016 from a final reading of 87.2 in October. It is the highest reading since June as consumers were more confident about future and present conditions and inflation expectations increased.
Thursday November 10 2016
US Posts $44 Billion Budget Deficit in October  
The US government posted a USD 44 billion budget deficit in October 2016, a 68 percent decrease from a USD 137 billion gap the same month of the previous year, as outlays fell 24 percent to USD 266 billion while receipts rose 5 percent to USD 222 billion.
Thursday November 10 2016
US Jobless Claims Drop to 4-Week Low  
The number of Americans filing for unemployment benefits decreased by 11 thousand to 254 thousand in the week ended November 5th from the previous week's unrevised level of 265 thousand. The figure came in below market expectations of 260 thousand to hit the lowest level in four weeks.
Friday November 04 2016
US Trade Deficit at 1-1/2-Year Low in September  
The US goods and services deficit decreased 9.9 percent mom to $36.44 billion in September of 2016, slightly lower than market expectations of a $37.8 billion gap. It was the lowest trade gap since February 2015, as imports fell by 1.3 percent to $225.6 billion to the lowest level since May while exports rose 0.5 percent mom to $189.2 billion to the highest since July of 2015.
Friday November 04 2016
US Economy Adds The Least Jobs in 5 Months  
Total nonfarm payroll employment in the United States increased by 161,000 in October of 2016, less than an upwardly revised 191,000 in September and below market expectations of 175,000. Employment continued to trend up in health care, professional and business services, and financial activities. So far this year, employment growth has averaged 181,000 per month, lower than an average monthly increase of 229,000 in 2015.
Friday November 04 2016
US Unemployment Rate Drops to 4.9% in October  
US unemployment rate fell to 4.9 percent in October 2016 from 5 percent in the previous month and in line with market expectations. The number of unemployed persons was almost unchanged at 7.9 million while the labor force participation rate decreased by 0.1 percentage point to 62.8 percent.
Thursday November 03 2016
US Services Sector Growth Slows: ISM  
The ISM Non-Manufacturing PMI index fell to 54.8 in October of 2016 from 57.1 in September and below market expectations of 56. Activity, new orders and employment grew at a slower pace while prices increased for the seventh straight month.
Thursday November 03 2016
US Initial Jobless Claims at 3-Month High  
The number of Americans filing for unemployment benefits rose by 7 thousand to 265 thousand in the week ended October 29th, above market expectations of 255 thousand and reaching the highest figure since August 6th. However, it is the 87th straight week of initial claims below 300 thousand, the longest streak since 1970.
Wednesday November 02 2016
Fed Leaves Rates Steady  
The Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the seventh time during its November 2016 meeting, saying the labor market has continued to strengthen and growth of economic activity has picked up. Policymakers also added that the case for an increase in the federal funds rate has continued to strengthen.
Tuesday November 01 2016
US Factory Activity Rises More Than Expected: ISM  
The Institute for Supply Management’s Manufacturing PMI rose to 51.9 in October 2016 from 51.5 in September, above market expectations of 51.7. It was the highest reading in three months, as employment rebounded sharply and output grew further, while new orders expanded at a slower pace.
Tuesday November 01 2016
US Factory Activity Growth at 1-Year High: Markit  
The final IHS Markit Manufacturing PMI for the US increased to 53.4 in October 2016 from 51.5 in September and slightly better than the earlier flash reading of 53.2. It was the highest figure since October last year, as both production and new orders expanded at a faster pace and employment rose for the fortieth month in a row. Meanwhile, cost inflation went up to highest level for two years.
Monday October 31 2016
US Personal Spending Rises 0.5% in September  
Consumer spending in the United States increased 0.5 percent in September from August of 2016, following a 0.1 percent fall in the previous period. It is the biggest gain in three months, in line with market expectations.
Friday October 28 2016
US Consumer Sentiment Revised Down in October  
The final reading of the University of Michigan's consumer sentiment for the United States decreased to 87.2 in October of 2016 from a preliminary reading of 87.9 and a final of 91.2 in September. It is the lowest reading since September of 2015 due to less favorable prospects for the national economy, with half of all consumers anticipating an economic downturn sometime in the next five years.
Friday October 28 2016
US GDP Growth at 2-Year High  
The United States economy expanded an annualized 2.9 percent in the third quarter of 2016, more than 1.4 percent in the previous period and beating market expectations of a 2.5 percent rise, the advance estimate from BEA showed. It is the strongest growth rate since the third quarter of 2014, as exports grew the most in nearly three years boosted by soybeans and inventories recovered while personal consumption slowed.
Thursday October 27 2016
US Jobless Claims Drop for 1st Time in 3 Weeks  
The number of Americans filing for unemployment benefits fell to 258 thousand in the week ended October 22nd, compared with the previous week's revised level of 261 thousand and above market expectations of 255 thousand. It was the first decline in three weeks and the 86th straight week of initial claims below 300 thousand, the longest streak since 1970.
Thursday October 27 2016
US Durable Goods Orders Fall 0.1% in September  
New orders for US manufactured durable goods declined 0.1 percent month-over-month in September of 2016, following an upwardly revised 0.3 percent gain in August and compared to market expectations of a 0.1 percent increase. Excluding transportation, new orders increased 0.2 percent and excluding defense, new orders rose 0.7 percent. Non-defense capital goods orders excluding aircrafts, a proxy for business spending fell 1.2 percent, the biggest drop since February, following three months of gains.
Wednesday October 26 2016
US New Home Sales Unexpectedly Rise 3.1%  
Sales of new single-family houses in the United States rose 3.1 percent to a seasonally adjusted annual rate of 593,000 in September of 2016, compared to market expectations of a 1 percent decline. Figures for the previous month were revised down by 34,000 to 575,000.
Monday October 24 2016
US Factory Activity Growth at 12-Month High: Markit  
The flash IHS Markit Manufacturing PMI for the US increased to 53.2 in October of 2016 from 51.5 in September, beating market expectations of 51.5. It is the highest figure since October last year, boosted by stronger output and new business growth.
Thursday October 20 2016
US Initial Jobless Claims at 5-Week High of 260K  
The number of Americans filing for unemployment benefits rose to 260,000 in the week ended October 15th, above market expectations of 250,000 and reaching the highest in five weeks. Yet, it marks the 85th consecutive week initial claims are below 300,000, the longest streak since 1970 and signaling the labour market strength.
Wednesday October 19 2016
US Housing Starts Fall for 2nd Month  
Housing starts in the United States tumbled 9 percent to a seasonally adjusted annualized rate of 1047 thousand in September from August of 2016, below market expectations of 1175 thousand. It is the lowest figure since March of 2015, due to a fall in construction of multifamily homes. In contrast, building permits rose 6.3 percent to 1225 thousand, beating expectations of 1165 thousand.
Tuesday October 18 2016
US Inflation Rate at Nearly 2-Year High in September  
Consumer prices in the United States went up 1.5 percent year-on-year in September of 2016, higher than 1.1 percent in August and in line with market expectations. It is the highest inflation rate since October of 2014 boosted by robust gains in shelter and a smaller drop in energy prices while food cost fell for the first time in more than six years.
Monday October 17 2016
US Industrial Production Edges Up 0.1% in September  
Industrial output in the United States increased 0.1 percent month-over-month in September of 2016, following an upwardly revised 0.5 percent fall in August and below market expectations of a 0.2 percent gain. Manufacturing and mining rebounded while utilities fell. For the third quarter as a whole, industrial production rose at an annual rate of 1.8 percent for its first quarterly increase since the third quarter of 2015.
Friday October 14 2016
US Budget Deficit Widens to 3.2% of the GDP in FY 2016  
The US government posted a USD 33 billion budget surplus in September of 2016, a 63.7 percent fall from a USD 91 billion surplus in the same month a year earlier but above market expectations of a USD 25 billion surplus. For the 2016 fiscal year, the country's budget deficit widened to USD 587 billion or 3.2 percent of the GDP, the highest in three years.
Friday October 14 2016
US Consumer Sentiment at 13-Month Low  
The preliminary reading of the University of Michigan's consumer sentiment for the United States fell to 87.9 in October of 2016 from 91.2 in September. It is the lowest figure since September last year and well below market expectations of 91.9, hurt by a fall in future expectations.
Friday October 14 2016
US Retail Sales Rebound in September  
Retail sales in the United States increased 0.6 percent on the month in September of 2016, following a downwardly revised 0.2 percent drop in August and in line with market estimates. It is the best performance in three months, mainly boosted by auto sales and spending in grocery stores and gasoline stations.
Thursday October 13 2016
US Jobless Claims at 43-Year Low  
The number of Americans filing for unemployment benefits was flat at 246,000 in the week ended October 8th, the lowest in 43 years and below market expectations of 254,000. It marks the 84th consecutive week initial claims are below 300,000, the longest streak since 1970 and signaling the labour market strength.
Wednesday October 12 2016
Fed Continues to Leave 2016 Rate Hike Option Open  
Fed's decision to leave the target for the federal funds rate on hold in September was a close call and policymakers generally agreed that the case for a rate hike had strengthened in recent months, minutes from FOMC meeting held on September 20-21st showed.
Friday October 07 2016
US Jobless Rate at 5-Month High of 5% in September  
US unemployment rate increased to 5 percent in September 2016, compared to 4.9 percent in the previous month and missing market expectations of 4.9 percent. It was the highest jobless rate since April, as the number of unemployed persons rose by 90 thousand to 7.9 million while the labor force participation rate edged up by 0.1 percentage point to 62.9 percent.
Friday October 07 2016
US Job Growth Slows in September  
Total nonfarm payroll employment in the United States increased by 156,000 in September of 2016, lower than an upwardly revised 167,000 in August but below market expectations of 175,000. It is the lowest payroll figure in 4 months. Employment gains occurred in professional and business services and in health care. So far this year, job growth has averaged 178,000 per month, compared with an average of 229,000 per month in 2015.
Thursday October 06 2016
US Jobless Claims Down to 249K  
The number of Americans filing for unemployment benefits fell by 5,000 to 249,000 in the week ended October 1st, below market expectations of 257,000 and reaching the lowest figure since mid-April. The four-week average, which smooths out week-to-week volatility in the claims data, dropped to 253,500, the lowest since 1973.
Wednesday October 05 2016
US Services Sector Growth at 11-Month High: ISM  
The ISM Non-Manufacturing PMI index jumped 5.7 percentage points to 57.1 percent in September of 2016 after slumping to a 6-1/2-year low of 51.4 in August. It is the highest reading since October and well above market expectations of 53 as business activity, new orders and employment all expanded at a faster pace.
Wednesday October 05 2016
US Trade Deficit Widens in August  
The US goods and services deficit increased 3 percent mom to $40.73 billion in August of 2016. Figures came slightly worse than market expectations of a $39.3 billion gap as imports jumped to the highest since September last year and exports reached the highest in 13 months.
Monday October 03 2016
US Factory Activity Growth Beats Expectations: ISM  
The Institute for Supply Management’s Manufacturing PMI rose to 51.5 in September 2016 from 49.4 in August, way above market expectations of 50.3. New orders and production rebounded sharply while employment contracted at a slower pace.
Monday October 03 2016
US Manufacturing Growth Slows to a 3-Month Low  
The seasonally adjusted Markit final US Manufacturing PMI fell to 51.5 in September 2016 from 52 in the previous month, but better than the earlier flash reading of 51.4. It was the weakest reading in three months, as output and new orders expanded at a slower pace while new export sales dropped for the first time in four months.
Friday September 30 2016
US Consumer Sentiment Revised Up in September  
The final reading of the University of Michigan's consumer sentiment for the United States increased to 91.2 in September of 2016 from a preliminary reading of 89.8 and a final of 89.8 in the previous month. It is the highest reading in three months and better than market expectations of 90. Consumers were more confident about the future and less pessimistic over current conditions than initially anticipated.
Friday September 30 2016
US Personal Spending Unchanged in August  
Consumer spending in the United States was flat in August from July of 2016, after rising an upwardly revised 0.4 percent in the previous period. It is the worst performance in five months and worse than market expectations of a 0.1 percent gain.
Thursday September 29 2016
US Jobless Claims Rise Less Than Expected  
The number of Americans filing for unemployment benefits increased by 3,000 to 254,000 in the week ended September 24th compared with the previous week's revised level of 251,000 and below market expectations of 260,000. The four-week average, which smooths out week-to-week volatility in the claims data, dropped to 256,000, matching an April reading as the lowest average since 1973.
Thursday September 29 2016
US GDP Growth Revised Up to 1.4% in Q2  
The US economy expanded an annualized 1.4 percent on quarter in the three months to June of 2016, better than a second estimate of 1.1 percent. It is the strongest growth rate in three quarters. Consumer spending continued to boost growth although it expanded less than expected while exports rose at a faster pace and business investment posted the first gain in three quarters.
Wednesday September 28 2016
US Durable Goods Orders Flat in August  
New orders for US manufactured durable goods were unchanged in August from July of 2016, following a downwardly revised 3.6 percent gain in the previous period and better than market expectations of a 1.4 percent fall. Yet, non-defense capital goods orders excluding aircrafts, a proxy for business spending increased 0.6 percent, the third consecutive gain.
Monday September 26 2016
US New Home Sales Fall Less than Expected  
Sales of new single-family houses in the United States fell 7.6 percent to a seasonally adjusted annual rate of 609,000 in August of 2016, better than market expectations of an 8.8 percent decline. Figures for the previous month were revised up by 5,000 to 659,000, the highest since 2007.
Friday September 23 2016
US Factory Activity Growth Slows More than Expected  
The flash Markit manufacturing PMI for the United States declined to 51.4 in September of 2016 from 52 in August and below market expectations of 51.9. New business growth eased further, output slowed and export orders fell for the first time in four months while payrolls increased.
Thursday September 22 2016
US Initial Jobless Claims Down to 2-Month Low  
The number of Americans filing for unemployment benefits fell by 8,000 to 252,000 in the week ended September 17th 2016. It is the lowest figure in two months and below market expectations of 262,000. It marks the 81st consecutive week initial claims are below 300,000, the longest streak since 1970 and signaling the labour market strength.
Wednesday September 21 2016
Fed Keeps Rates on Hold  
The Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the sixth time during its September 2016 meeting. Policymakers said that the case for a rate hike has strengthened but decided, for the time being, to wait for further evidence of continued progress toward its objectives. Three out of ten members voted for a rate hike.
Tuesday September 20 2016
US Housing Starts Fall More than Expected  
Housing starts in the United States shrank 5.8 percent to a seasonally adjusted annualized rate of 1142 thousand in August from July of 2016, after rising a downwardly revised 1.4 percent in the previous period. Figures came much worse than market expectations of a 1.7 percent decline, reaching the lowest in three months. Permits for future construction fell 0.4 percent to 1139 thousand.
Friday September 16 2016
US Consumer Sentiment Flat at 89.8 in September  
The preliminary reading of the University of Michigan's consumer sentiment for the United States was unchanged at 89.8 in September of 2016 from 89.8 in the previous month. Figures came below market expectations of 90.8, mainly due to less favorable current conditions while future expectations regarding the overall economy improved.
Friday September 16 2016
US Inflation Rate Beats Expectations in August  
Consumer prices in the United States went up 1.1 percent year-on-year in August of 2016, higher than 0.8 percent in July and above market forecasts of a 1 percent gain. It is the biggest inflation figure in four months, boosted by rising shelter and medical cost.
Thursday September 15 2016
US Industrial Production Falls More than Expected  
Industrial production in the United States declined 0.4 percent in August from July of 2016, following a downwardly revised 0.6 percent gain in the previous month and worse than market expectations of a 0.3 percent fall. Manufacturing and utilities output declined while mining went up for the fourth straight month.
Thursday September 15 2016
US Retail Sales Fall More than Expected  
Retail sales in the United States declined 0.3 percent in August from July of 2016, following an upwardly revised 0.1 percent gain in the previous period. Figures came worse than market expectations of a 0.1 percent fall, mainly due to lower auto sales. Excluding autos, retail sales edged down 0.1 percent.
Thursday September 15 2016
US Jobless Claims Rise Less Than Expected  
The number of Americans filing for unemployment benefits increased by 1,000 to 260,000 in the week ended September 10th compared with the previous week's unrevised level of 259,000 and below market expectations of 265,000. The four-week average, seen as a better measure of labor market trends as it removes week-to-week volatility, dropped to a five-week low of 260,750.
Tuesday September 13 2016
US Budget Deficit Widens Sharply in August  
The US government posted a USD 107 billion budget gap in August 2016, a 67 percent rise from a USD 64 billion deficit in the same month a year earlier and in line with market expectations of a USD 108 billion gap. Outlays rose 23 percent to USD 338 billion while receipts increased at a slower 9.5 percent to USD 231 billion.
Thursday September 08 2016
US Jobless Claims Decline to 7-Week Low  
The number of Americans filing for unemployment benefits fell by 4 thousand to 259,000 in the week ended September 3rd 2016. Figures came below market expectations of 265,000, reaching the lowest since mid-July. The 4-week moving average, seen as a better measure of labor market trends as it removes week-to-week volatility, fell by 1,750 to 261,250.
Tuesday September 06 2016
US Services Sector Growth Slows to 6-1/2-Year Low: ISM  
The ISM Non-Manufacturing PMI index fell 4.1 percentage points to 51.4 percent in August of 2016 from 55.5 in July, well below market expectations of 55. It is the lowest reading since February of 2010 as activity, new orders and employment all slowed.
Friday September 02 2016
US Trade Deficit Narrows in July  
The trade gap in the United States declined to USD 39.47 billion in July of 2016 from an upwardly revised USD 44.66 billion deficit in the previous month and below market expectations of a USD 42.7 billion shortfall. Imports declined 0.8 percent while exports rose 1.9 percent to the highest level since September 2015.
Friday September 02 2016
US Economy Adds 151K Jobs in August, The Least in 4 Months  
Total nonfarm payroll employment in the United States increased by 151,000 in August of 2016, much lower than an upwardly revised 275,000 in July and below market expectations of 180,000. It is the lowest figure in four months, with employment rising in service-providing industries but falling in manufacturing, mining and construction.
Friday September 02 2016
US Jobless Rate Unchanged at 4.9% in August  
US unemployment rate was recorded at 4.9 percent in August 2016, unchanged from the previous two months while missing market expectations of 4.8 percent. The number of unemployed persons was flat at 7.8 million and the labor force participation rate stood at 62.8 percent.
Thursday September 01 2016
US Factory Activity Shrinks in August: ISM  
The Institute for Supply Management’s Manufacturing PMI came in at 49.4 in August of 2016, down from 52.6 in July. The figure came much worse than market expectations of 52, reaching the lowest in seven months, as new orders, production and employment all contracted.
Thursday September 01 2016
US Markit Manufacturing PMI Revised Down  
The final Markit US Manufacturing PMI came in at 52 in August of 2016, down from 52.1 in the preliminary estimate and 52.9 in July. Output growth was unchanged from July’s eight-month high while new orders and employment slowed and input price inflation eased.
Thursday September 01 2016
US Jobless Claims Rise Less Than Expected Last Week  
The number of Americans filing for unemployment benefits increased by 2,000 to 263,000 in the week ended August 27th compared with the previous week's unrevised level of 261,000 and below market expectations of 265,000. The four-week average, seen as a better measure of labor market trends as it removes week-to-week volatility, dropped to a three-week low of 263,000.
Monday August 29 2016
US Personal Spending Rises 0.3% in July  
Consumer spending in the United States increased 0.3 percent in July from June of 2016, slowing from an upwardly revised 0.5 percent gain in the previous period but matching market expectations. It is the fourth straight month of gains, mainly boosted by spending for new vehicles and suggesting robust consumer demand. Income rose at a faster 0.4 percent, also in line with forecasts.
Friday August 26 2016
Yellen Leaves 2016 Rate Hike Option Open  
The US economy continues to expand and the case for raising the interest rate has strengthened in recent months, Fed Chair Yelllen said in a speech at the Jackson Hole Symposium, suggesting a rate hike this year is still on the table.
Friday August 26 2016
US Consumer Sentiment Revised Down in August  
The University of Michigan's consumer sentiment for the United States came in at 89.8 in August 2016, compared to a preliminary reading of 90.4 and below 90 in July. It was the lowest reading since April, mainly due to less favorable current conditions while future expectations regarding the overall economy improved slightly, final figures showed. Meanwhile, long term inflation expectations fell to the lowest level ever recorded.
Friday August 26 2016
US GDP Growth Revised Down to 1.1% in Q2  
The US economy expanded an annualized 1.1 percent on quarter in the three months to June of 2016, down from a 1.2 percent growth in the advance estimate. Net trade contribution was lower than anticipated and the fall in inventories was steeper than expected while consumer spending rose at a faster pace, according to the second estimate released by the Bureau of Economic Analysis.
Thursday August 25 2016
US Durable Goods Orders Jump 4.4% in July  
New orders for US manufactured durable goods jumped 4.4 percent in July from June of 2016, recovering from an upwardly revised 4.2 percent drop in the previous period. It is the first increase in three months and the biggest gain since October last year, beating market expectations of a 3.3 percent rise. Non-defense capital goods orders excluding aircrafts, a proxy for business spending increased 1.6 percent, the second consecutive gain.
Thursday August 25 2016
US Jobless Claims Fall to Lowest Level in 5 Weeks  
The number of Americans filing for unemployment benefits decreased by 1,000 to 261,000 in the week ended August 20th compared with the previous week's unrevised level of 262,000. The figure came in below market expectations of 265,000 to hit its lowest level in five weeks.
Tuesday August 23 2016
US New Home Sales Jump to Nearly 9-Year High  
Sales of new single-family houses in the United States surged 12.4 percent to a seasonally adjusted annual rate of 654,000 in July of 2016. It is the highest figure since October of 2007 and much better than market expectations of 580,000. Figures for June were revised down by 10,000 to 582,000.
Tuesday August 23 2016
US Markit Manufacturing PMI Lower than Expected  
The Markit Flash US Manufacturing PMI came in at 52.1 in August of 2016, down from 52.9 in the previous month and lower than market expectations of 52.7. Production continued to expand although new orders growth slowed despite a faster increase in export sales and job creation also eased.
Thursday August 18 2016
US Jobless Claims at 4-Week Low  
The number of Americans filing for unemployment benefits decreased by 4,000 to 262,000 in the week ended August 13th, 2016. It is the lowest figure in four weeks and better than market expectations of 265,000. It marks the 76th consecutive week initial claims are below 300,000, the longest streak since 1970 and signaling the labour market strength.
Wednesday August 17 2016
Fed Leaves 2016 Rate Hike Option Open  
Fed policymakers considered that near-term risks to the US outlook had diminished although the UK vote to leave the EU and other developments abroad still impart uncertainty. As a result, Fed officials decided to leave policy options open and maintain the flexibility to adjust rates based on incoming information, thus leaving the door open for a rate hike this year, minutes from FOMC meeting held on July 26-27th showed.
Tuesday August 16 2016
US Industrial Production Growth at 20-Month High  
Industrial output in the United States went up 0.7 percent in July from June of 2016, following a downwardly revised 0.4 percent gain in the previous period and better than market expectations of a 0.3 percent increase. It is the biggest rise since November of 2014 boosted by a 0.5 percent growth in manufacturing.
Tuesday August 16 2016
US Housing Starts Rise to 5-Month High in July  
Housing starts in the Unites States rose 2.1 percent to a seasonally adjusted annual rate of 1211 thousand in July 2016 compared to a downwardly revised 1186 thousand in the previous month. The figure came in above market expectations of 1180 thousand to hit the highest level since February, as building activity increased across the board. Housing starts rose the most in the Northeast.
Tuesday August 16 2016
US Inflation Rate Slows to 7-Month Low of 0.8%  
Consumer prices in the United States rose 0.8 percent year-on-year in July of 2016, following a 1 percent increase in the previous two months and below market expectations of 0.9 percent. It is the lowest inflation figure since December last year as shelter cost rose at a slower pace, food inflation eased to a fresh 6-1/2-year low and energy cost fell further.
Friday August 12 2016
US Consumer Sentiment Improves Slightly in August  
The University of Michigan's consumer sentiment for the United States came in at 90.4 in August 2016 from 90 in July but well below market expectations of 91.5, preliminary figures showed. Consumer expectations improved firmly while current conditions deteriorated.
Friday August 12 2016
US Retail Sales Unchanged in July  
Retail sales in the United States were flat in July from June 2016 compared to an upwardly revised 0.8 percent gain in the previous period while missing market expectations of 0.4 percent rise.
Thursday August 11 2016
US Jobless Claims Below 300K for Longest Streak Since 1970  
The number of Americans filing for unemployment benefits decreased by 1,000 to 266,000 in the week ended August 6th compared with the previous week's revised level of 267,000. The figure came in above market expectations of 265,000. This marks 75 consecutive weeks of initial claims below 300,000, the longest streak since 1970.
Wednesday August 10 2016
US Posts $113 Billion Budget Deficit in July  
The US government posted a USD 113 billion budget gap in July 2016, a 24 percent drop from a USD 149 billion deficit in the same month a year earlier, as outlays fell 14 percent to USD 323 billion while receipts declined at a slower 7 percent to USD 210 billion.
Friday August 05 2016
US Trade Deficit Rises to 10-Month High in June  
The trade gap in the United States widened to USD 44.5 billion in June of 2016 from a downwardly revised USD 40.96 billion deficit in the previous month. Figures came above market expectations of a USD 43.1 billion shortfall as imports rose 1.9 percent due to higher oil prices and rising domestic demand while exports edged up only 0.3 percent.
Friday August 05 2016
US Economy Adds 255K Jobs in July  
Total nonfarm payroll employment in the United States increased by 255,000 in July of 2016, lower than a upwardly revised 292,000 in June, but above market expectations of 180,000. Job gains occurred in professional and business services, health care, and financial activities. Employment in mining continued to trend down.
Friday August 05 2016
US Jobless Rate Steady at 4.9% in July  
US unemployment rate came in at 4.9 percent in July 2016 unchanged from the June rate and above market expectations of 4.8 percent. The number of unemployed persons was essentially unchanged at 7.8 million.
Thursday August 04 2016
US Jobless Claims Rise to 5-Week High  
The number of Americans filing for unemployment benefits increased by 3,000 to 269,000 in the week ended July 30th compared with the previous week's unrevised level of 266,000. The figure came in above market expectations of 265,000.
Wednesday August 03 2016
US Services Sector Growth Slows From 7-Month High  
The ISM Non-Manufacturing PMI index fell 1 percentage points to 55.5 percent in July 2016 from 56.5 in June, below market expectations of 56. Business activity and employment expanded at a slower pace while new orders increased further.
Monday August 01 2016
US Factory Activity Below Expectations: ISM  
The Institute for Supply Management’s Manufacturing PMI came in at 52.6 in July 2016, down 0.6 p.p. from 53.2 in June. The figure came in below market expectations, but was pointing to the fifth consecutive month of growth in factory activity as 12 of our 18 industries reported an increase in new orders and 9 of our 18 industries reported a rise in production.
Monday August 01 2016
US Manufacturing Output Growth Up to 8-Month High  
The seasonally adjusted Markit final U.S. Manufacturing PMI came in at 52.9 in July 2016, up from 51.3 in the previous month and unchanged from the earlier flash reading. It was the highest value since October last year, mainly driven by stronger rates of output, new order and employment growth.
Friday July 29 2016
US Consumer Sentiment Revised Slightly Up  
The University of Michigan's consumer sentiment for the United States came in at 90 in July 2016, slightly up from a preliminary reading of 89.5 but well below 93.5 in June. It is the lowest reading since April as both current conditions and future expectations worsened, final figures showed.
Friday July 29 2016
US GDP Growth Below Expectations in Q2  
The US economy advanced an annualized 1.2 percent on quarter in the three months to June of 2016, following a downwardly revised 0.8 percent growth in the first three months of the year and well below market expectations of a 2.6 percent expansion, the advance estimate released by the Bureau of Economic Analysis showed. Consumer spending was the main driver of growth while investment slumped and inventories fell for the first time since 2011.
Thursday July 28 2016
US Jobless Claims at 4-Week High of 266K  
The number of Americans filing for unemployment benefits increased by 14,000 to 266,000 in the week ended July 23rd compared with the previous week's downwardly revised level of 252,000. The figure came above market expectations of 260,000, the highest in four weeks. However, the four-week moving average fell to 256,500, the lowest since April.
Wednesday July 27 2016
Fed Leaves Rates on Hold  
The Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the fifth time during its July 2016 meeting. Policymakers said that the labor market strengthened and near-term risks to growth decreased, suggesting a rate hike is still possible this year although dependent on incoming economic data.
Wednesday July 27 2016
US Durable Goods Orders Fall 4% in June  
New orders for US manufactured durable goods slumped 4 percent in June from May of 2016, following an upwardly revised 2.8 percent drop in the previous period. It is the biggest fall since August of 2014 and much worse than market expectations of a 1.1 percent decline, dragged down mainly by transport equipment. However, non-defense core capital goods orders, a proxy for business spending edged up 0.2 percent, recovering from a 0.5 percent decline in May.
Tuesday July 26 2016
US New Home Sales Up to 8-1/2-Years High  
Sales of new single-family houses in the United States jumped 3.5 percent to a seasonally adjusted annual rate of 592,000 in June of 2016. It is the highest figure since February of 2008 and better than market expectations of 560,000 boosted by sales in the West and the Midwest.
Friday July 22 2016
US Markit manufacturing PMI at 9-Month High  
The Markit Flash US Manufacturing PMI came in at 52.9 in July of 2016, up from 51.3 in June and much better than market expectations of 51.6. It is the highest reading since October last year as output and new business growth accelerated and payrolls rose the most in 12 months.
Thursday July 21 2016
US Jobless Claims Fall to 3-Month Low  
The number of Americans filing for unemployment benefits decreased by 1,000 to 253,000 in the week ended July 16th compared with the previous week's unrevised level of 254,000. The figure came in way below market expectations of 265,000 and hit its lowest level since April.
Tuesday July 19 2016
US Housing Starts at 4-Month High of 1189K  
US housing starts jumped 4.8 percent to a seasonally adjusted annualized rate of 1189 thousand in June from May of 2016, after falling an upwardly revised 1.7 percent in the previous period. Figures came much better than market expectations of a 0.5 percent gain, reaching the highest in four months, as groundbreaking on single-family homes rebounded.
Friday July 15 2016
US Consumer Sentiment Falls to 3-Month Low  
The University of Michigan's consumer sentiment for the United States came in at 89.5 in July 2016, down from 93.5 in June and well below market expectations of 93.5. It is the lowest reading since April as current conditions worsened, the future outlook reached the lowest since September of 2014 and inflation expectations rose, preliminary figures showed.
Friday July 15 2016
US Industrial Output Posts Biggest Gain in 1 Year  
Industrial production in the United States increased 0.6 percent in June from May 2016, recovering from a downwardly revised 0.3 percent drop in the previous period and better than market expectations of a 0.2 percent gain. It was the biggest gain since July last year, as output of manufacturing, mining and utilities moved up.
Friday July 15 2016
US Retail Sales Rise for 3rd Straight Month  
Retail sales in the United States advanced 0.6 percent in June from May 2016, following a downwardly revised 0.2 percent gain in the previous period and beating market expectations of 0.1 percent rise. It was the third straight month of gains as sales of motor vehicles, furniture and building material rebounded.
Friday July 15 2016
US Inflation Rate Steady at 1% in June  
Consumer prices in the United States increased 1 percent year-on-year in June of 2016, the same as in the previous month and slightly below market expectations of a 1.1 percent rise. Inflation accelerated for shelter and medical care and energy prices fell at a slower pace while food inflation reached the lowest in more than 6 years.
Thursday July 14 2016
Initial Jobless Claims Unchanged at 254K in Latest Week  
The number of Americans filing for unemployment benefits held steady at 254,000 in the week ended July 9th, the lowest since early April. Figures came better than market expectations of 265 thousand, suggesting further labour market strength. It is the 71st straight week initial claims are below 300,000, the longest streak since 1973.
Wednesday July 13 2016
US Budget Surplus Narrows in June  
The United States recorded a USD 6 billion budget surplus in June of 2016, much lower than a USD 50 billion surplus a year earlier and market expectations of USD 24 billion. Outlays rose 10.6 percent while receipts fell 3.8 percent.
Friday July 08 2016
US Job Growth Strongest in 8-Months  
Total nonfarm payroll employment in the United States increased by 287,000 in June of 2016, much higher than a downwardly revised 11,000 in May when a strike in Verizon led to job losses in information. Figures came well above market expectations of 175,000, easing concerns about labour market strength. Job growth occurred in leisure and hospitality, health care and social assistance, financial activities and information, largely reflecting the return of workers from the strike.
Friday July 08 2016
US Jobless Rate Rises to 4.9% in June  
US unemployment rate went up to 4.9 percent in June 2016 after falling by 0.3 p.p. to 4.7 percent in the previous month. The figure came in worse than market expectations, as more people entered the labor force. The number of unemployed persons increased by 347,000 to 7.8 million, offsetting declines in May and bringing both measures back in line with levels that had prevailed from August 2015 to April.
Thursday July 07 2016
US Jobless Claims Below Expectations  
The number of Americans filing for unemployment benefits fell 16,000 to 254,000 in the week ended July 2nd, the lowest in eleven weeks. Figures came better than market expectations of 270 thousand, suggesting labour market strength. It is the 70th straight week initial claims are below 300,000, the longest streak since 1973.
Wednesday July 06 2016
Fed Shows Concerns Over Brexit Risks  
Fed policymakers decided to wait for additional labor market data and the impact of upcoming referendum in the United Kingdom on global financial markets before rising the rates, minutes from FOMC meeting held on June 14-15th showed.
Wednesday July 06 2016
US Services Sector Growth at 7-Month High: ISM  
The ISM Non-Manufacturing PMI index went up 3.6 percentage points to 56.5 percent in June of 2016, up from 52.9 in May and well above market expectations of 53.3. It is the highest reading since November last year, boosted by new orders and new business and a recovery in employment.
Wednesday July 06 2016
US Trade Deficit at 3-Month High  
The trade gap in the United States widened to USD 41.14 billion in May of 2016 from a USD 37.4 billion deficit in the previous month. Figures came worse than market expectations of a USD 40 billion shortfall as exports shrank 0.2 percent hurt by a stronger dollar and imports rose 1.6 percent due to higher oil prices.
Friday July 01 2016
US ISM Manufacturing PMI at 16-Month High  
The Institute for Supply Management’s Manufacturing PMI came in at 53.2 in June of 2016, up from 51.3 in May and well above market expectations of 51.4. It is the highest reading since February of 2015 as new orders growth accelerated and employment expanded for the first time since November.
Friday July 01 2016
US Markit Manufacturing PMI Revised Slightly Down  
The final Markit Manufacturing PMI for the United States came in at 51.3 in June of 2016, slightly below a preliminary reading of 51.4 but above 50.7 in May. Yet, it is still the highest reading in three months. Production increased and new business grew the most since March while payroll numbers expanded moderately and stocks of purchases fell further.
Thursday June 30 2016
US Jobless Claims Rise to 268K  
The number of Americans filing for unemployment benefits increased by 10,000 to 268,000 in the week ended June 25th compared with the previous week's revised level of 258,000. The figure came in slightly above market expectations of 267,000.
Wednesday June 29 2016
US Personal Spending Up 0.4% in May  
Consumer spending in the United States rose 0.4 percent in May from April of 2016, following an upwardly revised 1.1 percent increase in the previous period. It is the second straight month of gains, in line with market expectations, boosted by demand for both goods and services. Income rose 0.2 percent, below expectations of a 0.3 percent increase.
Tuesday June 28 2016
US Q1 GDP Growth Revised Up to 1.1%  
The US economy expanded an annualized 1.1 percent on quarter in the first three months of 2016, higher than a second estimate of 0.8 percent, according to final figures released by the Bureau of Economic Analysis. Consumer spending continued to boost growth although it expanded less than expected while exports and software investment rebounded.
Friday June 24 2016
US Consumer Sentiment Revised Down to 93.5 in June  
The University of Michigan's consumer sentiment for the United States came in at 93.5 in June 2016, down from a preliminary reading of 94.3 and a final of 94.7 in the previous month. Consumers were less optimistic about current conditions and future economic prospects.
Friday June 24 2016
US Durable Goods Orders Fall More than Expected  
New orders for US manufactured durable goods shrank 2.2 percent in May from April of 2016, following a downwardly revised 3.3 percent rise in the previous period. Figures came worse than market expectations of a 0.5 percent decline, dragged down mainly by transport equipment. Core capital goods orders, a proxy for business spending fell 0.7 percent.
Thursday June 23 2016
US New Home Sales Slide From 8-Year High  
New US single-family home sales fell 6 percent to 551,000 in May of 2016 compared to market expectations of 560,000. The April's sales was downwardly revised to 586,000 units, but still remained the highest since February 2008. The pace points to a healthy growth in the housing sector helped by consistent employment gains and ultra-low mortgage rates.
Thursday June 23 2016
US Markit Manufacturing PMI Beats Expectations  
The flash Markit Manufacturing PMI in the United States came in at 51.4 in June of 2016, up from 50.7 in the previous month and beating market expectations of 50.8. It is the highest figure in three months. New business growth accelerated helped by fastest rise in export sales since September of 2014 and output levels increased.
Thursday June 23 2016
US Jobless Claims Fall to 2-Month Low  
The number of Americans filing for unemployment benefits decreased by 18,000 to 259,000 in the week ended June 18th compared with the previous period's unrevised reading of 277,000. The figure came in below market expectations of 270,000, hitting its lowest level in eight weeks.
Tuesday June 21 2016
Fed To Remain Cautious in Hiking Rates  
A cautious approach to monetary policy remains appropriate amid a hiring slowdown and uncertain economic outlook, Fed Chair Yellen said in a testimony before the Senate Banking Committee.
Friday June 17 2016
US Housing Starts Drop 0.3% MoM in May  
U.S. housing starts slipped 0.3 percent in May to a seasonally adjusted annual rate of 1164 Thousand as groundbreaking for multi-family housing units declined 1.2 percent to a 400 Thousand and on single-family homes rose 0.3 percent to a 764 Thousand.
Thursday June 16 2016
US Initial Jobless Claims at 4-Week High  
The number of Americans filing for unemployment benefits increased by 13,000 to 277,000 in the week ended June 11th 2016 from unrevised 264,000 in the previous period. It is the highest figure in four weeks and above market expectations of 270,000, marking the 67th consecutive week of initial claims below 300,000, the longest streak since 1973.
Thursday June 16 2016
US Inflation Rate Slows to 1%  
Consumer prices in the United States went up 1 percent year-on-year in May of 2016, slowing slightly from a 1.1 percent rise in April. Figures came below market expectations of 1.1 percent as inflation for food and transportation services slowed while energy cost fell at a faster pace. Yet, core inflation accelerated slightly to 2.2 percent.
Wednesday June 15 2016
Fed Leaves Rates on Hold  
The Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the fourth time during its June 2016 meeting. Yet, future rate assessment suggests policymakers still expect two interest-rate hikes this year. GDP growth forecasts were lowered for 2016 and 2017.
Wednesday June 15 2016
US Industrial Production Falls More than Expected  
Industrial output in the United States declined 0.4 percent in May from April of 2016, following a downwardly revised 0.6 percent rise in the previous period and worse than market expectations of a 0.2 percent drop. Automobiles and electricity accounted the most for the decline, offsetting a rebound in coal mining.
Tuesday June 14 2016
US Retail Sales Rise 0.5% in May  
Retail sales in the United States went up 0.5 percent in May from April of 2016, following a 1.3 percent rise in the previous period and above market expectations of a 0.3 percent increase. It is the second straight month of gains as 9 of 13 major categories showed increases in demand.
Friday June 10 2016
US Posts $53 Billion Budget Deficit in May  
The United States recorded a budget gap of USD 53 billion in May 2016, down 38 percent from a USD 84 billion deficit in the same month a year earlier, as outlays fell 7 percent to USD 277 billion while receipts rose 6 percent to USD 225 billion.
Friday June 10 2016
US Consumer Sentiment Beats Expectations  
The University of Michigan's consumer sentiment for the United States came in at 94.3 in June 2016, down from 94.7 in the previous month, but beating market expectations of 94. Consumers were less optimistic due to increased concerns about future economic prospects, while assessments of current economic conditions improved to its highest level since July 2005, preliminary estimates showed.
Thursday June 09 2016
US Initial Jobless Claims at 6-Week Low  
The number of Americans filing for unemployment benefits decreased for the fourth straight time to 264,000 in the week ended June 4th 2016 from an upwardly revised 268,000 in the previous period. It is the lowest figure in six weeks and below market expectations of 270,000, marking the 66th consecutive week of initial claims below 300,000, the longest streak since 1973.
Monday June 06 2016
Yellen Shows Confidence on US Economy  
The economic expansion in the US is expected to continue, with the labor market improving further, GDP growing moderately and inflation moving up to 2 percent over the next couple of years, despite disappointing Friday's labor market report, Fed Chair Yellen said in a speech at The World Affairs Council of Philadelphia. The current monetary policy stance is generally appropriate, in that it is providing support to the economy although the federal funds rate will probably need to rise gradually over time, Fed Chair added.
Friday June 03 2016
US Services Sector Growth Lowest Since February 2014  
The ISM Non-Manufacturing PMI index decreased 2.8 percentage points to 52.9 percent in May of 2016, below market expectations of 55.5. It is the lowest reading since February 2014 as business activity and new orders growth slowed and employment fell after rising in the previous two months.
Friday June 03 2016
US Trade Deficit Widens in April  
The US trade gap widened to USD 37.4 billion in April of 2016 from a downwardly revised USD 35.5 billion deficit in the previous month while below market expectations of USD 41.3 billion. Exports increased 1.5 percent to the largest since December last year, mainly driven by industrial supplies and materials sales. Imports rose at a faster 2.1 percent, due to higher purchases of capital goods.
Friday June 03 2016
US Economy Adds The Least Jobs in More than 5 Years  
Total nonfarm payroll employment increased by 38,000 in May of 2016, lower than a downwardly revised 123,000 in the previous month and well below market expectations of 164,000. Job growth occurred in health care while mining continued to lose jobs, and a strike in Verizon led to job losses in information.
Friday June 03 2016
US Jobless Rate Lowest Since November 2007  
The unemployment rate declined by 0.3 p.p. to 4.7 percent in May 2016 from 5 percent in April, beating market expectations of 4.9 percent. It was the lowest reading since November 2007, as the number of unemployed persons declined by 484,000 to 7.4 million and the labor force participation rate fell for the second month in a row.
Thursday June 02 2016
US Jobless Claims Edge Down to 5-Week Low  
The number of Americans filing for unemployment benefits was recorded at 267,000, a decrease of 1,000 from the previous week's unrevised level of 268,000, below market expectations of 270,000. This marks 65 consecutive weeks of initial claims below 300,000, the longest streak since 1973.
Wednesday June 01 2016
ISM Manufacturing PMI Beats Expectations  
The Institute for Supply Management’s Manufacturing PMI came in at 51.3 in May of 2016, up from 50.8 in April and much better than market expectations of 50.4. The gauge of supplier deliveries jumped to 54.1, the highest level since December 2014 while new orders and production growth eased slightly and employment and inventories fell.
Wednesday June 01 2016
US Markit Manufacturing PMI Revised Slightly UP  
The final Markit US Manufacturing PMI came in at 50.7 in May of 2016, slightly up from 50.5 in the preliminary estimate but down from 50.8 in the previous month. It is the lowest figure since September of 2009 as output fell for the first time in more than 6-1/2-years, new work expanded at the slowest pace since December last year while job growth picked up and input cost inflation accelerated to a nine-month high.
Tuesday May 31 2016
US Personal Spending Growth at Nearly 7-Year High  
Consumer spending in the United States rose 1 percent in April from March of 2016, after posting no growth in the previous period and much better than market expectations of a 0.7 percent gain. It is the highest growth since August of 2009 as consumption of nondurable goods rebounded. Meanwhile, personal income increased 0.4 percent, suggesting a robust and accelerating economic recovery.
Friday May 27 2016
US Consumer Sentiment Revised Down in May  
The final University of Michigan's consumer sentiment for the United States came in at 94.7 in May of 2016, down from 95.8 in the preliminary release but higher than 89 in the previous month. Future expectations decreased while the current conditions index rose to its highest since January 2007.
Friday May 27 2016
US GDP Growth Revised Up to 0.8% in Q1  
The US economy expanded an annualized 0.8 percent on quarter in the first three months of 2016, better than a 0.5 percent increase initially estimated, according to the second estimate released by the Bureau of Economic Analysis. Consumption continued to boost growth as spending on home building increased more than expected and the drag from net trade and inventories was smaller. In contrast, business investment fell faster than anticipated.
Thursday May 26 2016
US Jobless Claims Drop to 268K  
The number of Americans filing for unemployment benefits decreased by 10,000 to 268,000 in the week ended May 21st compared to unrevised 278,000 in the previous period. Claims fell for the second time in five weeks, below market expectations of 275,000. It is the 64th consecutive week initial claims are below 300,000, the level associated with a healthy jobs market.
Thursday May 26 2016
US Durable Goods Orders Up 3.4%  
New orders for US manufactured durable goods surged 3.4 percent in April from March of 2016, following an upwardly revised 1.9 percent rise in the previous period and much better than market expectations of a 0.5 percent increase. It is the biggest gain since January, boosted by demand for transportation equipment. Excluding transportation, new orders rose 0.4 percent and without defense orders increased 3.7 percent. In contrast, capital goods orders fell 0.8 percent, down for the third straight month.
Tuesday May 24 2016
US New Home Sales Up to 8-Year High  
New US single-family home sales jumped 16.6 percent to a seasonally adjusted annual rate of 619,000 in April of 2016, much higher than an upwardly revised 531,000 in the previous month and compared to market expectations of 523,000. It is the highest reading since January of 2008 and the biggest gain since 1992.
Monday May 23 2016
US Factory Activity Slows Further to Fresh 2009-Low  
The Markit Flash US Manufacturing PMI came in at 50.5 in May of 2016, lower than 50.8 in April and below market expectations of 51. Production declined for the first time since September of 2009 and new orders expanded at the slowest pace so far this year.
Thursday May 19 2016
US Jobless Claims Fall to 278K  
The number of Americans filing for unemployment benefits decreased by 16,000 to 278,000 in the week ended May 14th compared to a 15-month high of 294,000 in the previous period. Claims fell for the first time in four weeks, slightly higher than market expectations of 275,000. It is the 63rd consecutive week initial claims are below 300,000, the level associated with a healthy jobs market.
Wednesday May 18 2016
Fed Keeps Open Possibility of June Rate Hike  
The Federal Reserve opened up the option of raising short-term interest rates at their next meeting based on how the incoming data and developments shaped their outlook for the labor market and inflation, minutes from April FOMC meeting showed. Policymakers agreed that the risks associated with global developments had diminished and that labor market conditions had improved further even as growth in economic activity had appeared to slow.
Tuesday May 17 2016
US Industrial Output Growth at 17-Month High  
Industrial production in the United States went up 0.7 percent in April from March, rebounding from falls in the previous two months and beating market expectations of a 0.3 percent gain. It is the highest growth rate since November of 2014, led by gains in machinery and car manufacturing and utilities.
Tuesday May 17 2016
US Housing Starts Rise More Than Expected in April  
Housing starts in the Unites States rose 6.6 percent to a seasonally adjusted annual rate of 1172 thousand in April 2016, compared to an upwardly revised 1099 thousand in the previous month. The figure came in above market expectations of 1127 thousand, boosted by single-family housing starts.
Tuesday May 17 2016
US Inflation Rate Rises to 1.1%  
Consumer prices in the United States went up 1.1 percent year-on-year in April of 2016, higher than a 0.9 percent rise in the previous month and in line with market expectations. The monthly index rose 0.4 percent, the biggest in three years, led by gains in gasoline prices and rents.
Friday May 13 2016
US Consumer Sentiment Jumps to 11-Month High  
The University of Michigan's consumer sentiment for the United States came in at 95.8 in May of 2016, up from 89 in the previous month and above market expectations. It is the highest reading since June last year, as both future expectations and current conditions improved, preliminary estimates showed, suggesting a strength in consumer spending.
Friday May 13 2016
US Retail Sales Rise the Most in 13 Months  
Retail sales in the Unites States rose 1.3 percent in April from March of 2016, compared to a 0.3 percent drop in the previous month and above market forecasts. It is the highest gain since March last year, mainly driven by auto sales, in a sign that economic growth could gain momentum in the second quarter.
Thursday May 12 2016
US Jobless Claims Reach 15-Month High  
The number of Americans filing for unemployment benefits increased by 20,000 to 294,000 in the week ended May 7th. Claims rose for the third straight week, reaching the highest since February last year and well above market expectations of 270,000. However, it is the 62nd consecutive week initial claims are below 300,000, the level associated with a healthy jobs market.
Wednesday May 11 2016
US Posts $106 Billion Budget Surplus in April  
The United States recorded a budget surplus of USD 106 billion in April 2016, down 32 percent from a USD 157 billion surplus in the same month a year earlier, as outlays rose 5.4 percent to USD 332 billion while receipts fell 7.2 percent to USD 438 billion.
Friday May 06 2016
US Jobless Rate Steady at 5%  
Unemployment rate in the United States was recorded at 5 percent in April 2016, unchanged from the March rate, as more people dropped out of the labor force while the number of unemployed persons was little changed at 7.9 million. The labor force participation rate fell for the first time since September.
Friday May 06 2016
US Economy Adds The Least Jobs in 7-Months  
Total nonfarm payroll employment increased by 160,000 in April of 2016, compared to a downwardly revised 208,000 in the previous month and market expectations of 202,000. It is the lowest figure since September last year. Employment gains occurred in professional and business services, health care, and financial activities, while mining continued to lose jobs.
Thursday May 05 2016
Jobless Claims At 5-Week High  
The number of Americans filing for unemployment benefits increased by 17,000 to 274,000 in the week ended April 30th. Figures came above market expectations of 260,000, reaching the highest in five weeks. However, it is the 61st consecutive week initial claims are below 300,000, the level associated with a healthy jobs market.
Wednesday May 04 2016
US ISM Non Manufacturing PMI at Fresh 2016 High  
The ISM Non-Manufacturing PMI index increased 1.2 percentage points to 55.7 percent in April of 2016, higher than market expectations of 54.7. Although business activity slowed, new orders expanded at a faster pace, employment grew for the second month and prices increased for the first time in three months, reflecting optimism over business and growth.
Wednesday May 04 2016
US Trade Deficit at 13-Month Low  
The US trade gap narrowed to USD 40.44 billion in March of 2016 from a downwardly revised USD 46.96 billion deficit in the previous month and below market expectations of USD 41.5 billion. It is the smallest gap since February last year as imports hit a 5-year low. Purchases of industrial supplies and materials fell to its smallest since April 2004 and imports of petroleum were the lowest since September 2002.
Monday May 02 2016
ISM Manufacturing PMI Below Expectations  
The Institute for Supply Management’s Manufacturing PMI came in at 50.8 in April of 2016, down from 51.8 in March and below market expectations of 51.4. Manufacturing activity in the US expanded for the second consecutive month although growth slowed as production, new orders and inventories declined while employment remained negative, suggesting the recovery is still fragile.
Monday May 02 2016
US Factory Activity Growth at 2009-Low  
The final Markit Manufacturing PMI for the United States came in at 50.8 in April of 2016, matching preliminary estimates and down from 51.5 in the previous month. It is the lowest reading since September of 2009 as production and job creation grew marginally, new business expanded at the slowest pace so far this year, input cost increased while output prices decreased further.
Friday April 29 2016
US Consumer Sentiment Revised Down in April  
The final University of Michigan's consumer sentiment for the United States came in at 89 in April of 2016, down from 91.0 in the previous month and lower than preliminary estimates of 89.7. It is the smallest reading since September as future expectations decreased to its lowest since September of 2014 and inflation rate for the next year is seen at a 7-month high.
Friday April 29 2016
US Personal Spending Edges Up 0.1%, Income Rises 0.4%  
Consumer spending in the United States edged up 0.1 percent in March from February of 2016, lower than an upwardly revised 0.2 percent gain in the previous month and below market expectations of a 0.2 percent rise. It is the lowest gain so far this year. Personal income grew at a faster 0.4 percent, compared to a downwardly revised 0.1 percent rise in February and market expectations of a 0.3 percent increase.
Thursday April 28 2016
US Jobless Claims Rise to 257K  
The number of Americans filing for unemployment benefits was 257,000 in the week ended April 23rd, an increase of 9,000 from the previous week's revised level of 248,000, better than market expectations of 260,000. This marks 60 consecutive weeks of initial claims below 300,000, the longest streak since 1973.
Thursday April 28 2016
US GDP Growth Slows to 0.5% in Q1  
The US economy expanded an annualized 0.5 percent on quarter in the first three months of 2016, lower than a 1.4 percent expansion in the previous period, and below market expectations of 0.7 percent growth, according to the advanced estimate released by the Bureau of Economic Analysis. It is the weakest performance since the first quarter of 2014 when the economy contracted 0.9 percent as consumer spending slowed, the drag from trade and business inventories worsened and business investment fell for the third straight quarter.
Wednesday April 27 2016
Fed Leaves Rates on Hold  
The Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the third time during its April 2016 meeting. Policymakers said labor market conditions improved but economic activity appears to have slowed although concerns regarding risks from global economic and financial developments to the US economy eased.
Tuesday April 26 2016
US Durable Goods Orders Below Expectations  
New orders for US manufactured durable goods increased 0.8 percent in March from February of 2016, rebounding from an upwardly revised 3.1 percent fall in the previous period but below market forecasts of a 1.8 percent rise. Excluding transportation, new orders dropped 0.2 percent and without defense orders fell 1 percent.
Monday April 25 2016
US New Home Sales Fall Unexpectedly by 1.5%  
New US single-family home sales unexpectedly fell by 1.5 percent on the month to a seasonally adjusted annual rate of 511,000 in March of 2016, following a downwardly revised 0.4 percent drop in February and missing market expectations of 1 percent rise. The decline was led by a sharp drop in home sales in the West region.
Friday April 22 2016
US Factory Activity Growth Weakest Since 2009  
The flash Markit Manufacturing PMI for the United States came in at 50.8 in April of 2016, down from 51.5 in the previous month and below market expectations of 52. It is the lowest reading since September of 2009 as production almost stagnated, new business growth slowed and job creation was the weakest since June of 2013.
Thursday April 21 2016
US Jobless Claims Drop to Lowest Since 1973  
The number of Americans filing for unemployment benefits was 247,000 in the week ended April 16th, a decrease of 6,000 from the previous week's unrevised level of 253,000, staying below market expectations of 263,000. It was the lowest reading since November 24, 1973 when it was recorded at 233,000.
Tuesday April 19 2016
US Housing Starts Fall 8.8% in March  
Housing starts in the Unites States fell 8.8 percent to a seasonally adjusted annual rate of 1089 thousand in March of 2016, compared to an upwardly revised 1194 thousand in the previous month. It is the lowest reading since October last year and well below market expectations of 1170 thousand. Building permits slumped 7.7 percent, hitting a one-year low.
Friday April 15 2016
US Consumer Sentiment at 7-Month Low  
The University of Michigan's consumer sentiment for the United States came in at 89.7 in April of 2016 from 91 in the previous month and below market expectations of 92. It is the lowest reading since September of 2015, as both future expectations and current conditions deteriorated, preliminary estimates showed.
Monday April 18 2016
US Industrial Production Falls 0.6% in March  
Industrial output in the United States declined 0.6 percent in March of 2016 from the previous month, following an upwardly revised 0.6 percent drop in February. Figures came worse than market expectations of a 0.1 percent decrease, as mining shrank the most since September of 2008 when production was curtailed because of hurricanes and utilities and manufacturing also fell. For the first quarter as a whole, industrial production shrank at an annual rate of 2.2 percent.
Thursday April 14 2016
US Initial Jobless Claims Fall, Matching 1973 Level  
The number of Americans filing for unemployment benefits was 253,000 in the week ended April 9th, a decrease of 13,000 from the previous week's revised level of 266,000, and matching March 3rd level, which was the lowest since November 1973. Figures came below market expectations of 270,000, marking the 58th straight week claims are below 300,000, the level associated with a healthy jobs market.
Thursday April 14 2016
US Inflation Rate Slows for 2nd Month  
Consumer prices in the United States rose 0.9 percent year-on-year in March of 2016, lower than 1 percent in the previous month and below market expectations of a 1.1 percent increase. Cost of shelter, medical care and food slowed while energy prices declined slightly more.
Wednesday April 13 2016
US Retail Sales Down 0.3%  
Retail sales in the United States declined 0.3 percent in March from February of 2016 after posting no growth in the previous period and compared to market expectations of a 0.1 percent increase, due to lower auto sales. Considering the first quarter of the year, retail sales declined 0.1 percent.
Tuesday April 12 2016
US Budget Gap Widens 103% in March  
The United States recorded a budget deficit of USD 108 billion in March of 2016, compared with a USD 53 billion gap in the same month a year earlier and market expectations of a USD 104 billion shortfall. Outlays increased 17 percent and receipts declined 2.5 percent.
Thursday April 07 2016
US Jobless Claims Fall to 267K  
The number of Americans filling for unemployment benefits was 267,000 in the week ended April 2nd, a decrease of 9,000 from the previous week's level of 276,000. Figures came below market expectations of 270,000, marking the 57th straight week claims are below 300,000, the level associated with a healthy jobs market.
Wednesday April 06 2016
Fed Shows Concerns Over Global Risks  
The Federal Reserve expects the US economy to expand at a moderate pace and labor market indicators to strengthen although global economic and financial developments continue to pose risks, minutes from March FOMC meeting showed.
Tuesday April 05 2016
US ISM Non Manufacturing PMI at 3-Month High  
The ISM Non-Manufacturing PMI index increased 1.1 percentage points to 55.5 percent in March of 2016, higher than market expectations of 54. It is the highest reading so far this year, boosted by increases in business activity, new orders and employment.
Tuesday April 05 2016
US Trade Deficit at 6-Month High  
The US trade gap widened to USD 47.06 billion in February of 2016 from an upwardly revised USD 45.88 billion deficit in the previous month and above market expectations of USD 46.2 billion. It is the biggest gap in six months as imports rebounded and exports rose for the first time in five months.
Friday April 01 2016
US Consumer Sentiment Better Than Estimated  
The final University of Michigan's consumer sentiment for the United States came in at 91 in March of 2016, down from 91.7 in the previous month but better than a preliminary estimate of 90. Still, it was the lowest reading in five months, as both current and future expectations decreased while the 5 to 10 years inflation outlook went up.
Friday April 01 2016
US ISM Manufacturing PMI at 8-Month High  
The Institute for Supply Management’s Manufacturing PMI came in at 51.8 in March of 2016, up from 49.5 in February and above market expectations of 50.7. Manufacturing activity grew for the first time in six months as production, new orders and prices increased while employment declined.
Friday April 01 2016
US Markit Manufacturing PMI Revised Slightly Up  
The final Markit US Manufacturing PMI came in at 51.5 in March of 2016, slightly up from a preliminary reading of 51.4 and 51.3 in the previous month, boosted by a rise in new work and sustained employment.
Friday April 01 2016
US Jobless Rate Unexpectedly Rises to 5%  
Unemployment rate in the United States edged up to 5 percent in March 2016, from 4.9 percent in the previous month and compared with expectations that it would hold steady. The number of unemployed persons was little changed at 8 million.
Friday April 01 2016
US Economy Adds 215K Jobs in March  
Total nonfarm payroll employment increased by 215,000 in March of 2016, lower than an upwardly revised 245,000 in the previous month but beating market expectations of 205,000. Employment gains occurred in retail trade, construction, and health care, while job losses occurred in manufacturing and mining.
Thursday March 31 2016
US Initial Jobless Claims at 8-Week High  
The number of Americans filling for unemployment benefits was 276,000 in the week ended March 26th, an increase of 11,000 from the previous week's level of 265,000. Figures came above market expectations of 265,000, reaching the highest in eight weeks.
Tuesday March 29 2016
Fed Yellen Cautious on Interest Rates  
It is appropriate for the Federal Reserve to proceed cautiously in adjusting interest rates due to uncertain growth and inflation outlook and markets turbulence, Chair Janet Yellen said in a speech at the Economic Club of New York. Fed Chair also added that achieving employment and inflation goals are likely to require a somewhat lower path for the federal funds rate than was anticipated in December.
Monday March 28 2016
US Personal Spending Matches Expectations  
Consumer spending in the United States edged up 0.1 percent in February from January of 2016, following a downwardly revised 0.1 percent gain in the previous period. Figures came in line with market forecasts as spending on durable goods went up 0.1 percent and services grew 0.4 percent while consumption of nondurables declined 1.1 percent. The personal consumption expenditure price index dropped 0.1 percent.
Friday March 25 2016
US GDP Growth Rate Revised Up to 1.4%  
The US economy expanded an annualized 1.4 percent on quarter in the last three months of 2015, higher than a second estimate of 1 percent, according to final figures released by the Bureau of Economic Analysis. Consumer spending increased more than anticipated and the negative impact from trade came lower than expected while the drag from business inventories was larger.
Thursday March 24 2016
US Jobless Claims Rise Less Than Expected  
The number of Americans filing for unemployment benefits was 265,000 in the week ended March 19th, an increase of 6,000 from the previous week's revised level of 259,000 while staying below market expectations of 268,000.
Thursday March 24 2016
US Durable Goods Orders Down 2.8%  
New orders for US manufactured durable goods shrank 2.8 percent in February from January of 2016, following a downwardly revised 4.2 percent gain in the previous month and compared to market expectations of a 2.9 percent decline. Excluding transportation, new orders dropped 1 percent and without defense orders fell 1.9 percent.
Wednesday March 23 2016
US New Home Sales Up 2%  
Sales of new single-family houses in February of 2016 were at a seasonally adjusted annual rate of 512,000, up 2 percent from last month and compared to market expectations of a 3.2 percent rise. Sales rebounded from a downwardly revised 7 percent drop in January, as home sales in the West surged but fell in the remaining three regions.
Tuesday March 22 2016
US Factory Activity Rises Slightly  
The flash Markit manufacturing PMI for the United States came in at 51.4 in March of 2016, slightly up from 51.3 in the previous month but lower than market expectations of 51.8. Output and new business increased at a slightly faster pace than in February while factory gate prices decreased for the second straight month.
Friday March 18 2016
US Consumer Sentiment Drops to 5-Month Low  
The University of Michigan's consumer sentiment for the United States came in at 90 in March of 2016 from 91.7 in the previous month and hitting its lowest reading since October 2015, as both future expectations and current conditions deteriorated sharply. Markets were expecting the index to rise to 92.2.
Thursday March 17 2016
US Jobless Claims Rise to 265K  
The number of Americans filing for unemployment benefits was 265,000 in the week ended March 12th, an increase of 7,000 from the previous week's revised level of 258,000 while staying below market expectations of 268,000. This marks 54 consecutive weeks of initial claims below 300,000, the longest streak since 1973.
Wednesday March 16 2016
Fed Leaves Rates Steady  
The Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the second time during its FOMC meeting held in March 2016. Policymakers said economic activity has been expanding at a moderate pace but lowered GDP growth and inflation estimates for this year.
Wednesday March 16 2016
US Industrial Production Falls More than Expected  
Industrial output in the United States declined 0.5 percent in February of 2016 from the previous month, following a downwardly revised 0.8 percent gain in January. Figures came worse than market expectations of a 0.3 percent drop as sizable declines in utilities and mining outweighed a gain of 0.2 percent for manufacturing.
Wednesday March 16 2016
US Housing Starts at 5-Month High  
Housing starts in the Unites States increased by a higher-than-expected 5.2 percent to a seasonally adjusted annual rate of 1178 thousand in February 2016, compared to an upwardly revised 1120 thousand in the previous month. It was the highest reading since September last year, boosted by starts of single-family houses and of buildings with five units or more. Meanwhile, building permits dropped 3.1 percent to 1167 thousand.
Wednesday March 16 2016
US Inflation Rate Slows to 1%  
Consumer prices in the United States went up 1 percent year-on-year in February of 2016, slowing from a 1.4 percent increase in the previous month due to lower energy cost.
Tuesday March 15 2016
US Retail Sales Down 0.1%  
Retail sales in the United States edged down 0.1 percent in February of 2016 from the previous month, in line with market expectations and following a revised 0.4 percent drop in the previous month as receipts at gasoline stations shrank 4.4 percent and auto sales declined.
Thursday March 10 2016
US Reports $193 Billion Budget Gap in February  
The United States recorded a budget deficit of USD 193 billion in February of 2016, compared with a USD 192 billion gap in the same month a year earlier and market expectations of a USD 200 billion shortfall.
Thursday March 10 2016
US Jobless Claims at 5-Month Low  
The number of Americans filing for unemployment benefits was 259,000 in the week ended March 5th, a decrease of 18,000 from the previous week's revised level of 277,000 and hitting its lowest level since October 17th. The reading came in better than expected.
Friday March 04 2016
US Trade Deficit Hits 5-Month High on Falling Exports  
The US trade gap widened to USD 45.68 billion in January of 2016 from an upwardly revised USD 44.7 billion deficit in the previous month and above market expectations of USD 44 billion. Exports fell the most in six months, hitting the lowest in more than 5-1/2-year low and imports came back to contraction.
Friday March 04 2016
US Economy Adds 242K Jobs in February  
Total nonfarm payroll employment increased by 242,000 in February of 2016, higher than an upwardly revised 172,000 in the previous month and beating market expectations of 190,000. Employment gains occurred in health care and social assistance, retail trade, food services and drinking places, and private educational services. Job losses continued in mining.
Friday March 04 2016
US Jobless Rate Flat at 4.9%  
Unemployment rate in the United States was recorded at 4.9 percent in February 2016, unchanged from the January rate and remaining at its lowest level since April of 2008, as the number of unemployed persons was unchanged. Over the year, the unemployment rate and the number of unemployed persons were down by 0.6 percentage point and 831,000, respectively.
Thursday March 03 2016
US ISM Non Manufacturing PMI at Fresh 2-Year Low  
The ISM Non-Manufacturing PMI index declined 0.1 percentage points to 53.4 percent in February of 2016 from 53.5 in the previous month and compared to market expectations of 53.2. It is the lowest reading since February of 2014 as new orders and prices decreased and employment contracted for the first time in two years.
Thursday March 03 2016
US Jobless Claims at 4-Week High  
The number of Americans filing for unemployment benefits was 278,000 in the week ended February 27th, an increase of 6,000 from the previous week's unrevised level of 272,000 and staying above market expectations of 271,000.
Tuesday March 01 2016
US ISM Manufacturing PMI at 5-Month High  
The Institute for Supply Management’s Manufacturing PMI came in at 49.5 in February of 2016, higher than 48.2 in January and above market expectations of 48.5. Manufacturing activity shrank for the fifth consecutive month although at a slower pace as production, employment and prices all increased.
Tuesday March 01 2016
US Markit Manufacturing PMI Revised Slightly Up  
The final Markit US manufacturing PMI came in at 51.3 in February of 2016, higher than a preliminary reading of 51 but the second-lowest reading since October of 2012. Growth in production volumes slowed to a 28-month low, job growth moderated to a five-month low and producer prices recorded the biggest decline since June of 2012.
Friday February 26 2016
US Personal Spending, Income Up 0.5% in January  
Personal consumption expenditures increased sharply by 0.5 percent from preceding month in January of 2016 following an upwardly revised 0.1 percent growth in December while beating market expectations of 0.3 percent, boosted by higher purchases of durable goods (+1.2 percent) and services (+0.6 percent). Income went up 0.5 percent, compared to 0.3 percent in December and above forecasts, led by an increase of 0.6 percent in wages and salaries.
Friday February 26 2016
US Consumer Sentiment Falls Less than Expected  
The final University of Michigan's consumer sentiment for the United States came in at 91.7 in February of 2016, down from 92 in the previous month but better than a preliminary estimate of 90.7. Both current and future expectations decreased and the 5 to 10 years inflation outlook eased.
Friday February 26 2016
US GDP Growth Revised Up to 1%  
The US economy expanded an annualized 1 percent on quarter in the last three months of 2015, higher than a preliminary figure of 0.7 percent, according to the second estimate released by the Bureau of Economic Analysis. Business inventories were revised higher and the negative impact from trade came lower than expected while consumer spending was revised down.
Thursday February 25 2016
US Durable Goods Orders Rebound in January  
New orders for US manufactured durable goods jumped 4.9 percent in January of 2016, rising for the first time in three months, following a downwardly revised 4.6 percent fall in December. It is the biggest gain in ten months, higher than market expectations of a 2.5 percent increase. Excluding transportation, new orders went up 1.8 percent and without defense orders increased 4.5 percent.
Thursday February 25 2016
US Jobless Claims Rise to 272K  
The number of Americans filing for unemployment benefits was 272,000 in the week ended February 20th, an increase of 10,000 from the previous week's level of 262,000 and staying above market expectations of 270,000.
Wednesday February 24 2016
US New Home Sales Down 9.2%  
Sales of new single-family houses in January of 2016 were at a seasonally adjusted annual rate of 494,000, down 9.2 percent from last month and well below market expectations. It is the lowest figure in three months as sales in the West fell the most in nearly six years.
Monday February 22 2016
US Factory Activity at 3-Year Low  
The flash Markit manufacturing PMI for the United States came in at 51 in February of 2016, down from 52.4 in the previous month and below market expectations of 52.3. It is the lowest figure since November of 2012 due to softer rates of output, new business and employment growth while factory gate prices recorded the fastest drop since mid-2012.
Friday February 19 2016
US Inflation Rate at 15-Month High  
Consumer prices in the United States went up 1.4 percent year-on-year in January of 2016, following a 0.7 percent increase in the previous month. The inflation rate accelerated for the fourth straight month, reaching the highest since October of 2014 and beating market expectations of a 1.3 percent gain, driven by prices of rents, medical care and transportation while energy cost fell at a slower pace. Core inflation reached the highest in 4-1/2-years.
Thursday February 18 2016
US Jobless Claims Down to 262K  
The number of Americans filing for unemployment benefits was 262,000 in the week ended February 13th, a decrease of 7,000 from the previous week's level of 269,000. It was the lowest figure since week ended November 21st and below market expectations of 275,000. Claims have been below 300,000 for 50 weeks, the level associated with a healthy jobs market.
Wednesday February 17 2016
Federal Reserve Sees Increased Risks for US  
The Federal Reserve discussed increasing the target range of its benchmark interest rate last month but concluded that data on spending and production had been disappointing and developments in commodity and financial markets as well as the possibility of a significant weakening of some foreign economies had the potential to further restrain domestic economic activity, minutes from January FOMC meeting showed.
Wednesday February 17 2016
US Industrial Output Growth at 14-Month High  
Industrial production in the United States increased 0.9% in January from the previous month, rebounding from falls in the previous three months. The number beat market expectations of a 0.4% gain, boosted by a jump in utilities output and a rebound in manufacturing.
Wednesday February 17 2016
US Housing Starts, Permits Fall for 2nd Month  
Housing starts in the Unites States decreased by 3.8 percent to a three-month low seasonally adjusted annual rate of 1099 thousand in January of 2016, compared to a downwardly revised 1143 thousand in the previous month and missing market expectations of a 2.5 percent growth. Building permits edged down 0.2 percent compared to forecasts of a 0.1 percent drop.
Friday February 12 2016
US Consumer Sentiment at 4-Month Low  
The University of Michigan's consumer sentiment fell to 90.7 in February of 2016 from 92 in January, much lower than market expectations of 92. It is the weakest figure in four months, due to lower current and future expectations and lower inflation outlook.
Friday February 12 2016
US Retail Sales Beat Expectations  
Retail sales in the United States increased 0.2 percent in January of 2016 from the previous month, the same as an upwardly revised 0.2 percent growth in December. It was the third straight month of gains as Americans spent more in online and clothing stores and car dealers.
Thursday February 11 2016
US Jobless Claims Fall More than Expected  
The number of Americans filing for unemployment benefits was 269,000 in the week ended February 6th, a decrease of 16,000 from the previous week's level of 285,000. It is the lowest figure in seven weeks and below market expectations of 281,000. Claims have been below 300,000 for 49 weeks, the level associated with a healthy jobs market.
Wednesday February 10 2016
US Posts $55 Billion Budget Surplus in January  
The United States recorded a budget surplus of USD 55.2 billion in January of 2016, compared with a deficit of USD 17.5 billion in the same month a year earlier as outlays dropped 20.4 percent to USD 258 billion while receipts increased by 2.3 percent to USD 314 billion.
Wednesday February 10 2016
Fed Yellen Shows Concerns Over Financial Conditions  
Tighter financial conditions and foreign developments could weigh down on the United States growth outlook, Fed Yellen said on Wednesday in prepared testimony to Congress, reinforcing interest rates will be raised only gradually and any change will be data dependent.
Friday February 05 2016
US Trade Deficit Widens In December  
The US trade gap widened to USD 43.4 billion in December of 2015 from a downwardly revised USD 42.2 billion in the previous month and roughly in line with expectations. Exports shrank for the third straight month while imports posted the first rise in four months. Considering full 2015, the country’s trade deficit widened 4.6 percent from 2014 as exports fell more than imports.
Friday February 05 2016
US Economy Adds 151K Jobs in January  
Total nonfarm payroll employment increased by 151,000 in January of 2016, lower than a downwardly revised 262,000 in the previous month and missing market expectations of 190,000. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, and mining.
Friday February 05 2016
US Jobless Rate Drops to 4.9% in January  
Unemployment rate in the United States dropped to 4.9 percent in January 2016, from 5 percent in the previous month, while total non-farm payroll employment increased by a lower-than-expected 151,000. The number of unemployed persons, at 7.8 million, was essentially unchanged from December.
Thursday February 04 2016
US Jobless Claims Rise to 285K  
The number of Americans filling for unemployment benefits was 285,000 in the week ended January 30th, an increase of 8,000 from the previous week's revised level of 277,000 and staying above market expectations of 280,000.
Wednesday February 03 2016
US ISM Non Manufacturing PMI Falls to 2-Year Low  
The ISM Non-Manufacturing PMI index declined 2.3 percentage points to 53.5 percent in January of 2016, down from 55.8 percent in December and below market forecasts. It is the lowest reading since February of 2014 as activity, new orders, employment and prices all decreased.
Monday February 01 2016
US Factory Activity Shrinks for 4th Month: ISM  
The Institute for Supply Management’s Manufacturing PMI came in at 48.2 in January of 2016 compared to 48 in December. While employment and inventories subindexes declined, new orders and production grew at a faster pace and prices remained steady.
Monday February 01 2016
US Factory Activity Growth Revised Down Slightly: Markit  
The final Markit US Manufacturing PMI came in at 52.4 in January of 2016, down from a preliminary reading of 52.7 but higher than 51.2 in the previous month. Output and new orders rose at faster pace while job creation slowed, reflecting manufacturer’s heightened uncertainty about the economic outlook. Some firms noted that the strong dollar continued to act as a growth headwind, especially in terms of export sales.
Monday February 01 2016
US Personal Spending Flat, Income Up 0.3%  
Consumer spending in the United States was unchanged in December of 2015, after rising an upwardly revised 0.5 percent in the previous month and below market expectations, mainly due to lower expenditure on autos and utilities. Income went up 0.3 percent, the same as in November and above forecasts. As a result, savings hit a three-year high.
Friday January 29 2016
US Consumer Sentiment Revised Sharply Down in January  
The final University of Michigan's consumer sentiment for the United States came in at 92 in January of 2016, much lower than a preliminary estimate of 93.3 and below 92.6 in December. Both current and future expectations decreased and the 1 year inflation outlook eased.
Friday January 29 2016
US GDP Growth Slows to 0.7% in Q4  
The US economy expanded an annualized 0.7 percent on quarter in the last three months of 2015, lower than a 2 percent expansion in the previous period, according to the advanced estimate released by the Bureau of Economic Analysis. Figures came slightly below market expectations of 0.8 percent, as consumer spending eased, nonresidential investment shrank for the first time in nearly three years and a strong dollar and weak global demand brought exports down.
Thursday January 28 2016
US Durable Goods Orders Slump 5.1%  
New orders for US manufactured durable goods shrank 5.1 percent in December of 2015, the biggest decline since August of 2014 and following a revised 0.5 percent drop in November. The plunge came much higher than expected, due to a 12.4 percent decline in transportation orders. Excluding transportation, new orders decreased 1.2 percent and without defense, orders went down 2.9 percent.
Thursday January 28 2016
US Jobless Claims Drop to 278K  
The number of Americans filling for unemployment benefits was 278,000 in the week ended January 23rd, a decrease of 16,000 from the previous week's revised level of 294,000 while staying below market expectations of 282,000.
Wednesday January 27 2016
Fed Leaves Funds Rate on Hold  
The Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent during its FOMC meeting held in January 2016, following last month’s hike. Policymakers reinforced they expect interest rates to be raised only gradually but said they are monitoring the impacts of global economic and financial developments on US outlook.
Wednesday January 27 2016
US New Home Sales at 10-Month High  
Sales of new single-family houses in December 2015 were at a seasonally adjusted annual rate of 544,000, up 10.8 percent from last month and higher than market expectations. November sales were revised to 491,000 from 490,000. In 2015, new home sales increased 14.5 percent to 501,000.
Friday January 22 2016
US Factory Activity Growth Accelerates in January  
The flash Markit US Manufacturing PMI came in at 52.7 in January of 2016 from 51.2 in the previous month and better than market expectations. Output and new business increased at a faster rate while job creation eased to a 4-month low.
Thursday January 21 2016
US Jobless Claims Rise to 6-Month High  
The number of Americans filling for unemployment benefits was 293,000 in the week ended January 16th, an increase of 10,000 from the previous week's revised level of 283,000 while staying way above market expectations of 278,000. It was the highest reading since July of 2015.
Wednesday January 20 2016
US Housing Starts Unexpectedly Fall in December  
Housing starts in the Unites States decreased by 2.5 percent to a seasonally adjusted annual rate of 1149 thousand in December of 2015, compared to an upwardly revised 1179 thousand in the previous month while missing market expectations of 1.6 percent rise. Building permits also fell by 3.9 percent to a seasonally adjusted annual rate of 1232 thousand.
Wednesday January 20 2016
US Inflation Rate at 12-Month High  
Consumer prices in the United States increased 0.7 percent year-on-year in December of 2015, higher than 0.5 percent in the previous month but below market expectations of 0.8 percent.
Friday January 15 2016
US Consumer Sentiment at 7-Month High  
The University of Michigan's consumer sentiment increased to 93.3 in January of 2016 from 92.6 in December of 2015, above market expectations. It is the highest figure since June, driven by improved future expectations, preliminary estimates showed.
Friday January 15 2016
US Industrial Production Falls for 3rd Month  
Industrial output in the United States shrank 0.4 percent in December from November of 2015, following an upwardly revised 0.9 percent drop in the previous period, mainly due to cutbacks for utilities and mining while manufacturing also edged down. For the fourth quarter as a whole, industrial production fell at an annual rate of 3.4 percent.
Friday January 15 2016
US Retail Sales Unexpectedly Fall 0.1%  
Retail sales in the United States shrank 0.1 percent in December from November of 2015, below market expectations and following an upwardly revised 0.4 percent rise in the previous period, mainly due to lower sales of winter apparel and gasoline. Excluding autos, sales also fell 0.1 percent.
Thursday January 14 2016
US Jobless Claims Up to 284K  
The number of Americans filing for unemployment benefits was 284,000 in the week ended January 9th, an increase of 7,000 from the previous week level of 277,000. Figures came slightly above market expectations of 275,000.
Wednesday January 13 2016
US Posts $14 Billion Budget Gap in December  
The United States recorded a budget deficit of USD 14 Billion in December of 2015, compared with a surplus of USD 2 billion in the same month a year earlier as outlays surged 9 percent to USD 364 billion while receipts increased at a slower 4 percent to USD 350 billion.
Friday January 08 2016
US Jobless Rate Steady at 7-1/2-Year Low  
Unemployment rate in the United States was recorded at 5 percent in December 2015, unchanged from the November rate and remaining at its lowest level since April of 2008 even as more people entered the labor force. The number of unemployed persons, at 7.9 million, was essentially unchanged in December.
Friday January 08 2016
US Economy Adds 292K Jobs in December  
Total nonfarm payroll employment increased by 292,000 in December of 2015, higher than an upwardly revised 252,000 in the previous month and beating market expectations of 200,000. Employment gains occurred in several industries, led by professional and business services, construction, health care, and food services and drinking places. Mining employment continued to decline. In 2015, payroll employment growth totaled 2.7 million, compared with 3.1 million in 2014.
Thursday January 07 2016
US Jobless Claims Fall in Latest Week  
The number of Americans filing for unemployment benefits was 277,000 in the week ended January 2nd, a decreased of 10,000 from the previous week level of 287,000. Figures came slightly above market expectations of 275,000.
Wednesday January 06 2016
Fed Raises Concerns Over Inflation, Hikes Rates  
The Federal Reserve raised the range of its benchmark interest rate by a quarter of a percentage point to between 0.25 percent and 0.50 percent last month but concerns about prolonged low inflation persist, minutes from December FOMC meeting showed. Policymakers said they will carefully monitor actual and expected progress toward inflation goal in deciding for further rate adjustments.
Wednesday January 06 2016
US ISM Non Manufacturing PMI Falls to 20-Month Low  
The ISM Non-Manufacturing PMI index registered 55.3 percent in December of 2015, down from 55.9 percent in November and below market forecasts. It is the lowest reading since April of 2014 mainly due to a drop in prices, supplier deliveries and inventories.
Wednesday January 06 2016
US Trade Deficit Narrows in November  
The US trade gap decreased to $42.4 billion in November of 2015 from an upwardly revised $44.6 billion deficit in October, lower than market expectations. Imports fell 1.7 percent to a 9-month low, dragged down by a strong dollar and lower inventories, while exports decreased 0.9 percent to the lowest since January of 2012.
Monday January 04 2016
US Factory Activity at 6-1/2-Year Low  
The Institute for Supply Management’s Manufacturing PMI decreased to 48.2 in December of 2015 from 48.6 in November. It is the second consecutive month of contraction in the manufacturing activity and the lowest reading since June of 2009 as new orders, production, employment and raw materials inventories all declined.
Monday January 04 2016
US Markit PMI Slightly Below Expectations  
The final Markit US Manufacturing PMI came in at 51.2 in December of 2015, lower than a preliminary reading of 51.3 and a final of 52.8 in the previous month. It is the lowest figure since October of 2012 as output and new business growth slowed and input costs declined again.
Thursday December 31 2015
Initial Jobless Claims Highest Since July  
In the week ending December 26, the advance figure for seasonally adjusted initial claims was 287,000, an increase of 20,000 from the previous week's unrevised level of 267,000. The 4-week moving average was 277,000, an increase of 4,500 from the previous week's unrevised average of 272,500.
Thursday December 24 2015
US Jobless Claims Down to 267K  
The number of Americans filing for unemployment benefits was 267,000 in the week ended December 19th, a decrease of 5,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 271,000 to 272,000.
Wednesday December 23 2015
US New Home Sales Below Forecasts  
Sales of new single-family houses in November of 2015 were at a seasonally adjusted annual rate of 490,000, up 4.3 percent from last month but below market expectations. October sales were revised downwards to 470,000 from 495,000.
Wednesday December 23 2015
US Consumer Sentiment Revised Up to Highest Since July  
The University of Michigan's final reading on the overall index of consumer sentiment came in at 92.6 in December of 2015, higher than a first reading of 91.8 and hitting its highest level since July this year. Consumers were more optimistic over their current conditions due to lower inflation, which bolstered real incomes, while they felt less confident about their future situation. Meanwhile, inflation expectations for the next year decreased slightly.
Wednesday December 23 2015
US Durable Goods Orders Unchanged in November  
New orders for US manufactured durable goods were virtually unchanged or rose $0.1 billion in November of 2015, following a downwardly revised 2.9 percent growth in the previous month, as new orders for transportation equipment increased by 0.4 percent. Excluding transportation, new orders decreased 0.1 percent while excluding defense, orders fell 1.5 percent.
Wednesday December 23 2015
US Personal Spending, Income Up 0.3%  
Consumer spending in the US increased 0.3 percent in November, after posting no growth in the previous month. Income also increased 0.3 percent after an unrevised 0.4 percent gain in October, rising for the eighth straight month.
Tuesday December 22 2015
US GDP Expands 2% in Q3  
The US economy advanced an annualized 2 percent on quarter in the three months to September of 2015, slightly lower than a 2.1 percent expansion earlier reported but above market expectations of a 1.9 percent growth, final estimates showed. While household spending and fixed investment remained robust, inventories grew less than expected.
Thursday December 17 2015
US Jobless Claims Down to 271K  
The number of Americans filling for unemployment benefits was 271,000 in the week ended December 12th, a decrease of 11,000 from the previous week's unrevised level of 282,000 and staying below market expectations of 275,000.
Wednesday December 16 2015
Fed Raises Key Rate for 1st Time in 9 Years  
The Federal Reserve raised the range of its benchmark interest rate by a quarter of a percentage point to between 0.25 percent and 0.50 percent on December 16th 2015, saying there has been considerable improvement in labor market conditions and that he's reasonably confident that inflation will rise, over the medium term, to its 2 percent objective. However, policymakers said the federal funds rate is likely to remain, for some time, below long run levels, suggesting only gradual increases in the future, depending on incoming economic data.
Wednesday December 16 2015
US Factory Activity Growth at 3-Year Low  
The Markit flash US Manufacturing PMI fell to 51.3 in December of 2015 from 52.8 in the previous month. It is the weakest figure since November of 2012 as new order index was the lowest since September 2009 and production volumes rose the least since October 2013.
Wednesday December 16 2015
US Industrial Output Shrinks The Most Since March 2012  
Industrial output in the United States shrank 0.6 percent in November, following an upwardly revised 0.4 percent drop in the previous month, dragged down by decline in mining and utilities while manufacturing was flat. It is the biggest fall reported since March of 2012.
Wednesday December 16 2015
US Housing Starts Surge 10.5%  
Housing starts in the Unites States jumped 10.5 percent to a seasonally adjusted annual rate of 1173 thousand in November of 2015, compared to an upwardly revised 1062 thousand in the previous month, beating market expectations. Building permits went up 11 percent to 1289 thousand, the highest in five months.
Tuesday December 15 2015
US Annual Inflation Rate Highest in 11 Months  
Consumer prices in the United States went up 0.5 percent year-on-year in November of 2015, compared to a 0.2 percent rise in October and higher than market expectations. It is the highest rate so far this year as energy cost declined at a slower pace and prices of services less energy grew slightly more than in the previous month.
Friday December 11 2015
US Consumer Sentiment Rises in December  
The University of Michigan's consumer sentiment increased to 91.8 in December from 91.3 in November of 2015 but slightly below market expectations. Current conditions improved but consumers are less optimistic over the future, preliminary figures showed.
Friday December 11 2015
US Retail Sales Edge Up 0.2%  
Retail sales in the United States increased 0.2 percent in November from October, slightly below market expectations of a 0.3 percent rise but the biggest gain in four months. Excluding autos, sales went up 0.4 percent, better than forecasts while core retail sales jumped 0.6 percent.
Thursday December 10 2015
US Reports $65 Billion Budget Gap in November  
The United States recorded a budget deficit of USD 65 Billion in November of 2015, an increase of USD 8 billion, or 14 percent compared with the same period a year earlier as outlays surged 8.9 percent to USD 270 billion while receipts increased at a slower 7.3 percent to USD 205 billion.
Thursday December 10 2015
US Jobless Claims at 5-Month High  
The number of Americans filling for unemployment benefits was 282,000 in the week ended December 5th, a sharp increase of 13,000 from the previous week's unrevised level of 269,000 and staying way above market expectations of 269,000. It was the highest figure in more than twenty weeks, when jobless claims hit 296,000 in the week ended July 4th.
Friday December 04 2015
US Trade Deficit Widens in October  
US. trade gap declined unexpectedly to $43.9 billion in October as exports fell to a three-year low hurt by strong dollar.
Friday December 04 2015
US Jobless Rate Remains at Lowest Since April 2008  
Unemployment rate in the US was recorded at 5 percent in November 2015, the same as in the previous month and the lowest in more than seven years, while total nonfarm payroll employment increased by a higher-than-expected 211,000. Job gains occurred in construction, professional and technical services, and health care. Mining and information lost jobs.
Friday December 04 2015
US Economy Adds 211K Jobs in November  
Total nonfarm payroll employment increased by 211,000 in November, lower than an upwardly revised 298,000 in the previous month but beating market expectations of 200,000. Job growth occurred in construction, professional and technical services, and health care while employment in mining and information declined.
Thursday December 03 2015
US ISM Non Manufacturing Lowest in 5 Months  
The ISM Non-Manufacturing PMI index registered 55.9 percent in November of 2015, down from 59.1 percent in October, well below forecasts. It is the lowest reading since May as new orders, employment and business activity fell while prices increased.
Thursday December 03 2015
US Jobless Claims Up to 269K  
The number of Americans filling for unemployment benefits was 269,000 in the week ended November 28th, an increase of 9,000 from the previous week's unrevised level of 260,000 and staying slightly above market expectations of 268,000.
Wednesday December 02 2015
Fed Yellen Shows Confidence in US Economy  
Economic and financial data received since last FOMC meeting has been in line with forecasts and economic growth is expected to be sufficient to achieve labor-market improvement and higher inflation, Fed Chair Yellen said in a speech at the Economic Club of Washington, suggesting the Fed is on track to raise rates in December. However, Fed Chair also said new economic data received until next meeting will be assessed.
Tuesday December 01 2015
US Factory Activity Unexpectedly Shrinks in November  
The Institute for Supply Management’s US Manufacturing PMI decreased to 48.6 in November of 2015 from 50.1 in October. It is the first contraction in manufacturing activity since November of 2012 and the sharpest since June of 2009.
Tuesday December 01 2015
US Markit Manufacturing PMI At 25-Month Low  
The final Markit US Manufacturing PMI came in at 52.8 in November of 2015, slightly higher than 52.6 in the preliminary estimate, but below 54.1 reported in October. It is the lowest figure in 25 months as output, new orders and employment all expanded at slower rates while average cost burdens decreased for the third month.
Wednesday November 25 2015
US Consumer Sentiment Revised Down in November  
The University of Michigan's final reading on the overall index of consumer sentiment came in at 91.3 in November of 2015, lower than a first reading of 93.1 but higher than a final reading of 90 in October. Although consumers were more optimistic over their current conditions and their future economic situation, markets were expecting a stronger sentiment in line with preliminary estimates. Meanwhile, inflation expectations for the next 5 to 10 years increased.
Wednesday November 25 2015
US New Home Sales Rise 10.7%  
Sales of new single-family houses in October 2015 were at a seasonally adjusted annual rate of 495,000, up 10.7 percent from last month but below market expectations. The inventory of properties for sale reached the highest since early 2010 while both median and average prices decreased.
Wednesday November 25 2015
US Consumer Spending Rises Less Than Forecast  
Consumer Spending in the US increased only 0.1 percent in October, the same as in the previous month while income gains accelerated to 0.4 percent and the saving rate jumped to the highest level in almost three years.
Wednesday November 25 2015
US Durable Goods Orders up 3%  
New orders for US manufactured durable goods surged 3 percent in October of 2015, recovering from a downwardly revised 0.8 percent fall in September. It is the first rise in three months and well above market expectations, boosted by transport orders.
Wednesday November 25 2015
US Jobless Claims Drop to 4-Week Low  
The number of Americans filling for unemployment benefits was 260,000 in the week ended November 21st, a sharp decrease of 12,000 from the previous week's upwardly revised level of 272,000 and way below market expectations of 270,000.
Tuesday November 24 2015
US GDP Growth Revised Up to 2.1% in Q3  
The US economy advanced an annualized 2.1 percent on quarter in the three months to September of 2015, up from the 1.5 percent reported last month, according to the second estimate released by the Bureau of Economic Analysis. While consumer spending grew less than previously estimated, inventories expanded almost twice as much.
Thursday November 26 2015
Fed On Track to Raise Rates in December  
The Federal Reserve is expected to start raising rates at its December 2015 meeting, as long as incoming data continues to show the economy is resilient. Yet, markets seem to have anticipated the monetary tightening for some time as most housing and labour market indicators continue to show an improvement. However, the inflation outlook remains subdued as oil prices remain at a 6-year low.
Monday November 23 2015
US Factory Activity at 2-Year Low  
The Markit flash US Manufacturing PMI came in at 52.6 in November of 2015, down from 54.1 in October and the lowest since October of 2013. Figures came well below market expectations as job growth slowed and strong dollar and weaker global demand hurt new export orders.
Thursday November 19 2015
US Jobless Claims Down to 271K  
The number of Americans filing for unemployment benefits fell by 5,000 to 271,000 in the week ended November 14, matching market expectations. It is the lowest figure in three weeks.
Wednesday November 18 2015
Fed Likely to Hike Rates in December  
US Federal Reserve may start raising rates in December, provided that unanticipated shocks do not affect the economic outlook, incoming data continue to show improvement in the labour market and inflation returns to target, minutes of the meeting held in October showed.
Wednesday November 18 2015
US Housing Starts Fall to 7-Month Low, Permits Up  
Housing starts in the Unites States shrank 11 percent to a seasonally adjusted annual rate of 1060 thousand in October of 2015, compared to a downwardly revised 1191 thousand in the previous month. It is the lowest figure since May, well below market expectations. However, building permits went up 4.1 percent to 1150 thousand, suggesting robustness in the housing market.
Tuesday November 17 2015
US Industrial Production Falls 0.2% in October  
Industrial output in the United States contracted 0.2 percent in October from September of 2015, the same as in the previous period and below market expectations of a 0.1 percent rise. Mining production fell 1.5 percent and utilities dropped 2.5 percent while manufacturing increased 0.4 percent.
Tuesday November 17 2015
US Inflation Rate Up to 0.2%  
Consumer prices in the United States increased 0.2 percent year-on-year in October of 2015 after being flat in September and higher than market expectations. On a monthly basis, consumer prices also rose 0.2 percent, the biggest gain in four months as cost of most goods and services including gasoline increased.
Friday November 13 2015
US Consumer Sentiment Up to 4-Month High  
The University of Michigan's consumer sentiment increased to 93.1 in November from 90 in October of 2015, beating market expectations, preliminary figures showed. It is the highest value since June as consumers are more optimistic over current and future conditions.
Friday November 13 2015
US Retail Sales Lower than Expected  
Retail sales in the US rose a meager 0.1 percent in October from September, after showing no growth in the previous two months. Figures came below market consensus due to an unexpected fall in auto sales. Excluding autos, retail sales rose 0.2 percent, rebounding from an upwardly revised 0.4 percent fall in September
Thursday November 12 2015
US Budget Deficit Widens in October  
The United States recorded a budget gap of $136 Billion in October of 2015, higher than a $122 billion deficit a year earlier as outlays rose 4.2 percent to USD 348 billion while receipts fell 0.9 percent to USD 211 billion.
Thursday November 12 2015
US Jobless Claims Steady at 276K  
The number of Americans filing for unemployment benefits was unchanged at 276,000 in the week ended November 7, compared to market expectations of 270K. Yet, claims have been below 300,000 since March, the level associated with a healthy jobs market.
Friday November 06 2015
US Jobless Rate Down to 5%  
Unemployment rate in the US edged down to 5 percent in October from 5.1 percent in the previous month while total nonfarm payroll employment increased by a higher-than-expected 271,000 in October. Job gains occurred in professional and business services, health care, retail trade, food services and drinking places, and construction.
Friday November 06 2015
US Economy Adds 271K Jobs in October  
Nonfarm payrolls increased by 271 thousand in October of 2015, the biggest gain since December last year and well above market expectations. Job gains occurred in professional and business services, health care, retail trade, food services and drinking places, and construction.
Thursday November 05 2015
US Jobless Claims Rise the Most Since February 2015  
The number of Americans filling for unemployment benefits went up by 16,000 to 276,000 in the week ended October 31st. It was the largest increase in eight months bringing total number of claims to the highest level in five weeks. Economists had forecasted claims rising to 262,000.
Wednesday November 04 2015
Fed December Rate Hike Still Possible  
The US economy is performing well and it would be appropriate to adjust rates in the December meeting, if incoming economic data supports it, the Federal Reserve Chair Janet Yellen reiterated in her testimony before the House Financial Services Committee in Washington.
Wednesday November 04 2015
US ISM Non-Manufacturing PMI at 3-Month High  
The ISM Non-Manufacturing PMI index registered 59.1 percent in October of 2015, up from 56.9 percent in September and beating market expectations. New orders, employment and business activity increased while prices continued to fall.
Wednesday November 04 2015
US Trade Deficit at 7-Month Low  
The trade gap in the US narrowed to USD 40.81 billion in September, the lowest since February. Exports went up 1.6% led by artwork, antique, stamps, jewelry and capital goods while imports fell by 1.8% due to decrease in value of petroleum shipments and higher domestic oil production.
Monday November 02 2015
US Manufacturing Growth Slows  
The Institute for Supply Management’s Manufacturing PMI decreased to 50.1 in October of 2015 from 50.2 in September. It is the lowest level since May of 2013 as a high dollar and low oil prices hurt exports and job creation fell sharply.
Monday November 02 2015
US Factory Activity Growth At 6-Month High  
The final Markit US Manufacturing PMI came in at 54.1 in October of 2015, better than a preliminary reading of 54 and higher than 53.1 in September. Output and new orders grew the most since March, employment also rose at a faster pace while input costs continued its downward trend.
Friday October 30 2015
US Consumer Sentiment Revised Down  
The University of Michigan's final reading on the overall index of consumer sentiment came in at 90 in October of 2015, lower than a preliminary reading of 92.1 and below market expectations. Consumers were less confident over future and current conditions and inflation expectations for the next 5 to 10 years decreased. Still, the consumer confidence index increased from a final reading of 87.2 in September.
Friday October 30 2015
US Personal Spending Below Expectations  
Personal consumption in the US edged up 0.1 percent in September from August of 2015, following a 0.4 percent increase in the previous period. It is the lowest gain since January and below market forecasts of a 0.2 percent rise. Income also went up a meager 0.1 percent, the smallest gain in six months.
Thursday October 29 2015
US GDP Growth Slows to 1.5% in Q3  
The US economy expanded an annualized 1.5 percent on quarter in the three months to September of 2015, lower than a 3.9 percent expansion in the previous period and below market expectations, according to the advanced estimate released by the Bureau of Economic Analysis. Gains in consumer and business spending were offset by negative contribution from change in private inventories.
Thursday October 29 2015
US Jobless Claims Edge Up in the Latest Week  
The number of Americans filling for unemployment benefits was 260,000 in the week ended October 24th, a slight increase of 1,000 from the previous week's unrevised level of 259,000 and below market expectations of 263,000.
Wednesday October 28 2015
Fed Holds Rates Steady, Leaves Door Open for Hike  
The Federal Reserve policymakers left the door open to an increase in rates as they dropped previous warnings about the risks global financial and economic developments were posing to the US economy. The Fed also said although there had been a slowing in the pace of job growth, solid gains were seen in US household spending and investment.
Tuesday October 27 2015
US Durable Goods Orders Drop for 2nd Month  
New orders for US manufactured goods fell 1.2 percent in September from August of 2015, following a downwardly revised 3 percent drop in the previous period, in line with market expectations. Excluding transportation, orders decreased 0.4 percent and excluding defense, orders went down 2 percent.
Monday October 26 2015
US New Home Sales at 10-Month Low  
Sales of new single-family houses in the United States shrank 11.5 percent to a seasonally adjusted annual rate of 468,000 in September of 2015, the lowest since November last year. The stock of new houses for sale increased to its highest since March of 2010.
Friday October 23 2015
US Factory Activity at 5-Month High  
The flash Markit US Manufacturing PMI came in at 54 in October of 2015, up from 53.1 in September, beating market expectations. New orders went up boosted by domestic demand, job creation was the strongest since July and input costs fell for the second straight month.
Thursday October 22 2015
Jobless Claims Slightly Up in Latest Week  
The number of Americans filing for unemployment benefits was 259,000 in the week ended October 17th, a slight increase of 3,000 from the previous level but below market expectations of 265,000. The 4-week moving average fell to its lowest since December of 2013.
Tuesday October 20 2015
US Housing Starts Surge 6.5% in September  
Housing starts in the United States rose 6.5 percent to a seasonally adjusted annual rate of 1,206,000 in September of 2015, following an upwardly revised 1,132,000 in August and beating market forecasts. In contrast, permits shrank 5 percent to an annual rate of 1,103,000.
Friday October 16 2015
US Consumer Sentiment at 3-Month High  
The University of Michigan's consumer sentiment increased to 92.1 in October from 87.2 in September of 2015, beating market expectations, preliminary figures showed. It is the highest value since July as consumers are more optimistic over current and future conditions.
Friday October 16 2015
US Industrial Production Falls for 2nd Month  
Industrial output in the United States shrank 0.2 percent in September from August of 2015, following a downwardly revised 0.1 percent fall in the previous period and in line with market expectations, dragged down by lower production of durable goods and cuts in extraction and drilling of oil.
Monday October 19 2015
US Fiscal 2015 Deficit Smallest Since 2007  
The United States recorded a budget deficit of $439 billion in fiscal 2015, lower than a $483 billion gap a year earlier as receipts increased 7.6 percent while outlays rose at a slower 5.2 percent. Meanwhile, September surplus was recorded at $91 billion from a $106 billion surplus in 2014 and missing market expectations of $95 billion.
Thursday October 15 2015
US Inflation Rate Flat in September  
Consumer prices in the United States were unchanged in September of 2015 from the previous year, down from a 0.2 percent rise in August but escaping a 0.1 percent drop markets expected. On a monthly basis, prices posted the second straight fall and the steepest in eight months, dragged down by falling gasoline cost. However, excluding food and energy, the inflation rate accelerated in September.
Thursday October 15 2015
US Jobless Claims Fall Back to 42-Year Low  
The number of Americans filling for unemployment benefits was 255,000 in the week ended October 10th, a decrease of 7,000 from the previous week's revised level of 262,000 and much below market expectations of 270,000. Claims were last at this level in July this year, which was the lowest since November 1973.
Wednesday October 14 2015
US Retail Sales Edge Up 0.1%  
Retail sales in the US rose a meager 0.1 percent in September from August of 2015, after showing no growth in the previous period and below market expectations. Sales of automobiles were the main driver of growth, offsetting a deep decline in service station receipts.
Thursday October 08 2015
Fed Shows Concerns Over Global Economy  
Federal Reserve policymakers worried recent global and financial market developments might restrain economic activity in the US. Although their outlook had not materially altered, the committee decided to wait for additional information confirming it had not deteriorated before raising rates, minutes of the meeting held last month showed.
Thursday October 08 2015
US Jobless Claims at 3-Month Low  
The number of Americans filing for unemployment benefits was 263,000 in the week ended October 3rd, a decrease of 13,000 from the previous week. It is the lowest figure since mid-July.
Tuesday October 06 2015
US Trade Deficit Widens in August  
US trade gap increased to USD 48.33 billion in August of 2015, from a slightly downwardly revised USD 41.8 billion in July, reaching the highest in five months. Exports fell nearly 2 percent to its lowest since October of 2012, dragged down by a strong dollar and weak external demand while imports rose 1.2 percent boosted by higher demand for consumer goods.
Monday October 05 2015
US Services Sector Growth Slows  
The ISM Non-Manufacturing PMI index registered 56.9 percent in September of 2015, down from 59 in August and below market expectations. It was the weakest growth in the services sector since June as business activity, new orders and prices decreased while job creation went up.
Friday November 06 2015
US Economy Adds Only 142K Jobs In September  
Non ram payrolls increased by 142,000 in September, well below market expectations while the unemployment rate was unchanged at 5.1 percent, matching forecasts. Job gains occurred in health care and information, while mining employment fell. Thus far in 2015, job growth has averaged 198,000 per month, compared with an average monthly gain of 260,000 in 2014.
Friday October 02 2015
US Unemployment Rate Steady at 5.1%  
Jobless rate in the US was unchanged at 5.1 percent and total nonfarm payroll employment increased by 142,000 in September. Job gains occurred in health care and information, while mining employment fell.
Thursday October 01 2015
US Factory Activity Remains The Weakest Since May 2013  
The Institute for Supply Management’s Manufacturing PMI decreased to 50.2, the third straight drop from 51.1 the prior month as a stronger dollar and lower demand from oversees led to the slowest pace of orders since November 2012.
Thursday October 01 2015
Markit Manufacturing PMI Rises Slightly in September  
U.S. Manufacturing Purchasing Managers' Index rose slightly to 53.1 in September from 53.0 in August, which marked the lowest level since October 2013. The September level was also up from a preliminary reading of 53.0.
Thursday October 01 2015
US Jobless Claims at 4-Week High  
The number of Americans filling for unemployment benefits was 277,000 in the week ended September 26th, an increase of 10,000 from the previous week's level of 267,000. However, claims stayed below 300,000 for the 30th straight week, 4-week moving average decreased and continuing claims were at the lowest since November of 2000, pointing to labour market strength.
Monday September 28 2015
US Personal Spending Above Forecasts  
Personal consumption in the US went up 0.4 percent in August of 2015, the same as in July and beating market expectations. It is the seventh consecutive month of spending growth. Income rose 0.3 percent, the smallest gain in five months.
Saturday September 26 2015
US Consumer Sentiment Revised Sharply Up  
The University of Michigan's final reading on the overall index of consumer sentiment came in at 87.2 in September, better than a preliminary reading of 85.7, but down from a final 91.9 in September. Still, It is the lowest figure in eleven months.
Friday September 25 2015
US GDP Expands 3.9% in Q2  
The United States economy expanded an annualized 3.9 percent on quarter in the three months to June of 2015, better than a 3.7 percent gain reported in the second estimate, due to higher consumer and construction spending. It is the highest growth rate in three quarters.
Thursday September 24 2015
Fed Rate Hike Still Possible this Year  
An initial increase in the federal funds rate later this year would still be appropriate, depending on economic data, Federal Reserve Chair Janet Yellen said in a speech at the University of Massachusetts.
Thursday September 24 2015
US New Home Sales at 7-1/2-Year High  
Sales of new single-family houses rose 5.7 percent to a seasonally adjusted annual rate of 552,000 in August. It is the highest figure since February of 2008.
Thursday September 24 2015
US Durable Goods Orders Drop 2% in August  
New orders for US manufactured goods fell 2 percent in August from July, following a downwardly revised 1.9 percent increase in the previous period, in line with market expectations. Excluding transportation, orders were flat and excluding defense, orders went down 1 percent.
Thursday September 24 2015
US Jobless Claims Edge Up in the Latest Week  
The number of Americans filling for unemployment benefits was 267,000 in the week ended September 19th, an increase of 3,000 from the previous week's unrevised level of 264,000 but below market expectations of 271,000.
Wednesday September 23 2015
US Factory Activity Matches Expectations  
The flash Markit US Manufacturing PMI came in at 53 in September of 2015, the same as in August and in line with market forecasts. Yet, manufacturing output growth remained at a 22-month low as new work and employment slowed while prices fell for the first time in three years.
Thursday September 17 2015
Fed Leaves Funds Rate on Hold in September  
The Federal Reserve left its target range for the fed funds rate unchanged at 0 to 0.25 percent on September 17th, 2015, showing concerns that recent global economic and financial developments may restrain economic activity and put further downward pressure on inflation in the near term.
Thursday September 17 2015
US Housing Starts Down 3% in August, Permits Rebound  
Housing starts in the United States fell 3 percent to a seasonally adjusted annual rate of 1,126,000 in August of 2015, missing market forecasts. In contrast, building permits rose 3.5 percent to an annual rate of 1,170,000, following a 15.5 percent drop in July.
Thursday September 17 2015
US Jobless Claims at 8-Week Low  
The number of Americans filling for unemployment benefits was 264,000 in the week ended September 12th, a decrease of 11,000 from the previous week's unrevised level of 275,000 and below market expectations of 275,000.
Wednesday September 16 2015
US Annual Inflation Stable at 0.2%, Monthly Rate Falls  
Consumer prices in the United States increased 0.2 percent year-on-year in August of 2015, the same pace as in July and in line with market expectations. On a monthly basis, prices posted the first drop in seven months, down 0.1 percent due to lower gasoline and fuel cost.
Tuesday September 15 2015
US Industrial Output Shrinks in August  
Industrial production in the United States fell 0.4 percent in August over July, following an upwardly revised 0.9 percent gain in the previous period. Figures came worse than market expectations as manufacturing fell 0.5 percent, mining dropped 0.6 percent while production of utilities rose 0.6 percent.
Tuesday September 15 2015
US Retail Sales Below Expectations  
Retail sales in the United States edged up 0.2 percent in August, slowing from an upwardly revised 0.7 percent rise in July. Figures came slightly below market forecasts, as lower gasoline prices dragged sales at gas stations down.
Saturday September 12 2015
US Budget Deficit Narrows 50% in August  
The United States recorded a budget gap of $64.4 Billion in August of 2015, much lower than a $128 billion deficit a year earlier as the receipts increased 8.8 percent to $211 billion and outlays fell 14.9 percent to $275 billion.
Friday September 11 2015
US Consumer Sentiment at 12-Month Low  
The University of Michigan's consumer sentiment declined to 85.7 in September from 91.9 in August, the largest one-month decline since the end of 2012. The preliminary index came below market consensus as current and future expectations worsened due to volatile financial markets and global slowdown.
Thursday September 10 2015
Jobless Claims Decline Points to Strong Job Market  
The number of Americans filing for unemployment benefits decreased by 6K to 275K in the week ended September 5th. First-time jobless claims have been below the 300,000 level for the last six months.
Friday September 04 2015
US Unemployment Rate At 7-1/2 Year Low  
Jobless rate in the US declined to 5.1 percent and total nonfarm payroll employment increased by 173,000 in August. It is the lowest unemployment rate since April 2008 as the number of unemployed edged down to 8 million.
Friday September 04 2015
US Economy Adds Only 173K Jobs In August  
American payrolls increased by 173,000 in August and the unemployment rate edged down to 5.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care and social assistance and in financial activities. Manufacturing and mining lost jobs.
Thursday September 03 2015
US Services Sector Growth Beats Estimates  
The ISM Non-manufacturing PMI index registered 59 percent in August, down from a 10-year high of 60.3 in July but better than market expectations. Although 4 main subindexes decreased, 15 out of 17 services industries reported growth, the same as in July.
Thursday September 03 2015
US Trade Deficit at 5-Month Low  
US trade gap narrowed to USD 41.86 billion in July of 2015 from an upwardly revised USD 45.21 billion in June. It is the lowest deficit since February as exports rose 0.4 percent while imports went down 1.1 percent.
Thursday September 03 2015
US Jobless Claims at 8-Week High  
The number of Americans filling for unemployment benefits was 282,000 in the week ended August 29th, an increase of 12,000 from the previous week's downwardly revised level of 270,000 and beating market expectations of 275,000.
Tuesday September 01 2015
US Manufacturing Growth at 2-Year Low  
The Institute for Supply Management index of national factory activity slowed for the second straight month to 51.1 in August from 52.7 in July. It is the lowest figure since May of 2013 as all subindexes decreased.
Tuesday September 01 2015
US Factory Activity at 22-Month Low  
The final Markit Manufacturing PMI in the United States came in at 53 in August, slightly better than a preliminary reading of 52.9 but down from 53.80 in July of 2015. It is the lowest figure since October of 2013 as output, new orders and job creation all slowed.
Friday August 28 2015
US Consumer Sentiment at 3-Month Low  
The University of Michigan's final reading on the overall index of consumer sentiment came in at 91.9 in August, lower than a preliminary reading of 92.9 and a final 93.1 in July.
Friday August 28 2015
US Personal Spending Climbs 0.3%  
Personal consumption in the US increased 0.3 percent in July of 2015, the same as an upwardly revised 0.3 percent rise in June, but below market expectations. Income rose 0.4 percent for the fourth straight month.
Thursday August 27 2015
US GDP Growth Revised Up to 3.7%  
The US economy expanded an annualized 3.7 percent on quarter in the three months to June, according to the second estimate released by the Bureau of Economic Analysis. Figures came better than a 2.3 percent gain initially reported and beat market expectations due to higher business spending and quicker build up of inventories.
Thursday August 27 2015
US Jobless Claims Fall More Than Expected  
The number of Americans filling for unemployment benefits was 271,000 in the week ended August 22nd, a decrease of 6,000 from the previous week's unrevised level of 277,000. Initial claims declined for the first time in five weeks, beating market expectations of 274,000.
Wednesday August 26 2015
Durable Goods Beat Forecasts in July  
New orders for US manufactured goods rose for the second straight month by 2 percent in July, slowing from an upwardly revised 4.1 percent gain in the previous month but exceeding market expectations of a drop.
Tuesday August 25 2015
US New Home Sales Rebound  
Sales of new single-family houses in the US rose 5.4 percent to a seasonally adjusted annual rate of 507,000 units in July, recovering from fall in June.
Friday August 21 2015
US Factory Activity at 2-Year Low  
The Flash Markit Manufacturing PMI in the US unexpectedly dropped to 52.9 in August from a final reading of 53.8 in July. It is the lowest figure since October of 2013 as output, new orders and employment all grew at a slower pace.
Thursday August 20 2015
Jobless Claims Slightly Up in Latest Week  
The number of Americans filing for unemployment benefits was 277,000 in the week ended August 15th, an increase of 4,000 from the previous week. Initial claims rose for the fourth straight week, above market expectations.
Wednesday August 19 2015
Fed on Course to Raise Rates Soon  
Federal Reserve policymakers confirmed that conditions for the first rate hike had not yet been met but are approaching, as the labour market improves while inflation remains well below target, minutes of the meeting held last month showed.
Wednesday August 19 2015
US Inflation Rate Up to 0.2%  
Consumer prices in the US increased 0.2 percent year-on-year in July of 2015, following a 0.1 percent rise in June. It is the highest inflation rate so far this year, pushed by a rise in shelter cost.
Tuesday August 18 2015
Housing Starts Edge Up, Permits Fall Sharply  
Housing starts in the US went up 0.2 percent to a seasonally adjusted annual rate of 1,206,000 in July, the highest since October of 2007 and following an upwardly revised 1,204,000 in June. In contrast, building permits shrank 16.3 percent to an annual rate of 1,119,000.
Friday August 14 2015
US Consumer Sentiment Lowest in 8-Months  
The University of Michigan’s preliminary index of sentiment decreased to 92.9 in August from 93.1 in July, the lowest level since November.
Friday August 14 2015
US Industrial Production Growth Strongest in 8-Months  
Industrial output in the US rose 0.6 percent in July after a downwardly revised increase of 0.1 percent in June. The gain was a result of a 0.8 percent growth in factory production supported by a surge in production of motor vehicles.
Thursday August 13 2015
US Retail Sales Rise 0.6% in July  
US retail sales increased 0.6 percent in July on higher demand for everything from cars to clothing. The figure for June was revised up to a flat compared to previously reported 0.3 percent drop.
Thursday August 13 2015
US Jobless Claims Rise More Than Expected  
The number of Americans filling for unemployment benefits was 274,000 in the week ended August 8th, an increase of 5,000 from the previous week's downwardly revised level of 269,000.
Wednesday August 12 2015
US Budget Gap Widens in July  
The United States recorded a budget deficit of $149.2 Billion in July, $55 billion higher from the same period last year as spending increased more than receipts.
Friday August 07 2015
US Unemployment Rate Steady at 5.3% in July  
Jobless rate in the US was unchanged at 5.3 percent and total nonfarm payroll employment increased by 215,000 in July. Job gains occurred in retail trade, health care, professional and technical services, and financial activities.
Friday August 07 2015
US Economy Adds 215K Jobs In July  
American payrolls increased by 215,000 in July and the unemployment rate was unchanged at 5.3 percent. Job gains occurred in retail trade, health care, professional and technical services, and financial activities.
Thursday August 06 2015
US Jobless Claims Rise Slightly in the Latest Week  
The number of Americans filling for unemployment benefits was 270,000 in the week ended August 1st, an increase of 3,000 from the previous week's unrevised level of 267,000. The 4-week moving average was 268,250, a decrease of 6,500 from the previous week's average of 274,750.
Wednesday August 05 2015
US Services Sector Growth At 10-Year High  
The ISM Non-manufacturing PMI index registered 60.3 percent in July, 4.3 percentage points higher than the June reading of 56 percent. It is the highest reading since August of 2005 as 15 out of 17 services industries reported growth.
Wednesday August 05 2015
US Trade Deficit Widens in June  
The goods and services deficit in the US was $43.8 billion in June, up $2.9 billion or 7.1 percent from $40.9 billion in May as strong dollar weighed on exports and boosted imports.
Monday August 03 2015
US Factory Activity Growth Slightly Up in July  
The final Markit US Manufacturing PMI came in at 53.8 in July, the same as preliminary reading of 53.8 but above 20-month low of 53.6 registered in June.
Monday August 03 2015
US Manufacturing Growth Disappoints in July  
The Institute for Supply Management index of national factory activity slowed to 52.7 in July, compared to 53.5 in June and much below market expectations. While employment and raw materials inventories declined, production and new orders subindexes rose.
Monday August 03 2015
US Personal Spending Growth Slows to 0.2% in June  
Personal consumption in the US increased 0.2 percent in June over the previous month following a downwardly revised gain of 0.7 percent in May. Meanwhile, personal incomes grew 0.4 percent.
Friday July 31 2015
US Consumer Sentiment At 93.1 in July  
The University of Michigan's final reading on the overall index of consumer sentiment came in at 93.1 in July, lower than a preliminary reading of 93.3 and a final 96.1 in June.
Thursday July 30 2015
US Jobless Claims Rise in The Latest Week  
The number of Americans filing new claims for unemployment benefits increased by 12,000 to 267,000 in the week ended July 25th from 255,000 in the previous week.
Thursday July 30 2015
US Economy Expands 2.3% in Q2  
US economy grew 2.3 percent in the second quarter of 2015 compared to 0.6 percent expansion reported in the previous three month period, according to the advanced estimate released by the Bureau of Economic Analysis. The growth was boosted by a pick-up in consumer spending while business spending on equipment declined.
Wednesday July 29 2015
Fed Remains On Course To Lift Rates in 2015  
Rates will be raised when further improvements in the labor market occur, the Federal Reserve said during the meeting held on July 29th. Highlighting that is confident inflation will move back to its 2 percent objective over the medium term.
Monday July 27 2015
US Durable Goods Orders Beat Expectations  
New orders for US manufactured goods rose 3.4 percent in June from May, first increase in three months, lead by strong bookings for passenger airplanes.
Friday July 24 2015
New Home Sales at 7-Month Low  
Sales of new single-family houses in the US shrank 6.8 percent to a seasonally adjusted annual rate of 482,000 units in June. It is the lowest figure since November last year.
Friday July 24 2015
US Factory Activity Edges Up in July  
The Markit Flash U.S. Manufacturing PMI increased slightly to 53.8 in July from a 20-month low of 53.6 in June, better than market expectations. Although job creation slowed to its lowest since April, output and new business increased at a faster pace.
Thursday July 23 2015
US Jobless Claims Lowest Since 1973  
The number of Americans filing new claims for unemployment benefits decreased by 26,000 to 255,000 in the week ended July 18th. Figures came much better than market expectations, reaching the lowest level since November 1973.
Tuesday July 21 2015
US Industrial Production Revised Down in June  
Industrial output in the US rose 0.2 percent in June from May, lower than an initial estimate of 0.3 percent, annual revisions from the Fed showed. Yet, it is the first increase in six months.
Friday July 17 2015
US Consumer Sentiment Falls in July  
The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 93.3 in July, down from 96.1 in June and well below market expectations as concerns over the Greek crisis and the Chinese slowdown drove current and future expectations down.
Friday July 17 2015
US Inflation Rate Rises for the First Time in 6 Months  
Consumer prices in the US increased 0.1 percent year-on-year in June of 2015 after remaining flat in the previous month. It is the first increase since December as a rise in cost of shelter and food offset a decline in prices of energy.
Friday July 17 2015
US Building Activity Recovers in June  
U.S. housing starts rose 9.8 percent from a month earlier to a seasonally adjusted annual rate of 1.17 million in June while building permits increased 7.4 percent to 1.34 million. Their are at the highest levels since 2007.
Thursday July 16 2015
US Jobless Claims Fall More than Expected  
The number of Americans filing new claims for unemployment benefits decreased by 15,000 to 281,000 in the week ended July 11th, better than market forecasts and reaching the lowest value in four weeks.
Wednesday July 15 2015
US Industrial Production Rebounds  
Industrial output rose 0.3 percent in June from May, beating market expectations and recovering from contraction in the previous two months. It is the highest gain in seven months boosted by mining and utilities while manufacturing was flat.
Wednesday July 15 2015
Yellen Says US Outlook Remains Favorable  
Fed Chair Janet Yellen said the outlook for the US economy is favorable, signaling once again the Fed may start raising rates this year. However, Yellen showed concerns over the Greek crisis and the Chinese slowdown which pose risks to the US outlook, prepared statement for the Congressional Testimony showed.
Tuesday July 14 2015
US Retail Sales Unexpectedly Fall  
US retail sales decreased 0.3 percent in June, following a downwardly revised 1 percent gain in May due to lower sales of autos and range of other goods.
Monday July 13 2015
US Posts $51.8 Billion Budget Surplus in June  
The United States recorded a budget surplus of $51.8 billion in June, down 27 percent from the same period last year as spending increased more than receipts.
Friday July 10 2015
Fed Likely to Raise Rates this Year  
The Federal Reserve Chair Janet Yellen said she expects the Fed to raise interest rates at some point later this year but stressed the labour market hasn’t fully recovered yet while inflation remains low.
Thursday July 09 2015
US Jobless Claims Up to 5-Month High  
The number of Americans filing new claims for unemployment benefits increased by 15,000 to 297,000 in the week ended July 4th. It is the highest figure since late February.
Wednesday July 08 2015
Fed Shows Concerns over Greece and China  
Fed officials needed more evidence from the strengthening of the US economy before raising rates, while noticing risks arising from the Greek crisis and the Chinese slowdown, minutes of the meeting held last month showed.
Tuesday July 07 2015
US Trade Deficit Widens in May  
The US trade gap increased to USD 41.9 billion in May from a downwardly revised USD 40.7 billion in April, as exports declined more than imports.
Monday July 06 2015
US Services Sector Growth Slightly Accelerates in June  
The ISM non-manufacturing PMI index rose to 56 percent in June of 2015 from 55.7 percent in May. While business activity and new orders subindexes increased, employment and prices components were weaker.
Thursday July 02 2015
US Economy Adds 223K Jobs In June  
Total nonfarm payroll employment increased by 223,000 in June, down from a revised 262,000 in May and below market expectations. The unemployment rate declined to 5.3 percent from 5.5 percent a month earlier.
Thursday July 02 2015
Unemployment Rate Declines to 5.3% in June  
Total nonfarm payroll employment increased by 223,000 in June, and the unemployment rate declined to 5.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, retail trade, financial activities, and in transportation and warehousing.
Thursday July 02 2015
Jobless Claims at 5-Week High  
The number of Americans filing new claims for unemployment benefits increased by 10,000 to 281,000 in the week ended June 27th from 271,000 in the previous week.
Wednesday July 01 2015
US Manufacturing Growth at 5-Month High  
The Institute for Supply Management index of national factory activity was 53.5 in June, up from 52.8 in May and better than market expectations. It is the highest figure since January as new orders and job creation increased.
Wednesday July 01 2015
US Factory Activity Lowest Since October 2013  
The final Markit US Manufacturing PMI came in at 53.6 in June, slightly better than preliminary reading of 53.4 but still below 54 registered in May.
Friday June 26 2015
US Consumer Sentiment at 5-Month High  
The University of Michigan's final reading on the overall index of consumer sentiment came in at 96.1 in June, higher than a preliminary reading of 94.6 and a final 90.7 in May. It is the highest figure since January, beating market expectations.
Thursday June 25 2015
Personal Spending Rises The Most in Nearly 6 Years  
Personal consumption in the US jumped 0.9 percent in May over the previous month following a gain of only 0.1 percent in April. It is the biggest increase since August of 2009.
Thursday June 25 2015
Jobless Claims Edge Up in The Latest Week  
The number of Americans filing new claims for unemployment benefits increased by 3,000 to 271,000 in the week ended June 20th from an upwardly revised 268,000 in the previous week.
Wednesday June 24 2015
US GDP Contracts Less Than Expected in Q1  
The United States economy shrank at an annual rate of 0.2 percent in the first quarter of 2015, instead of a 0.7 percent drop reported in the second estimate. The exports decreased less than previously estimated, and personal expenditures and imports rose more.
Tuesday June 23 2015
New Home Sales at 7-Year High  
Sales of new single-family houses in the US increased 2.2 percent to a seasonally adjusted annual rate of 546,000 units in May. It is the highest figure since February of 2008, boosted by sales in the Northeast and the West.
Tuesday June 23 2015
US Factory Activity at 20-Month Low  
The Markit Flash U.S. Manufacturing PMI decreased for the third consecutive month to 53.4 in June, the lowest since October of 2013. While output growth slowed, new business picked up slightly and job creation rose to its highest since November of 2014.
Tuesday June 23 2015
Durable Goods Orders Fall More Than Expected  
New orders for US manufactured goods shrank 1.8 percent in May, driven by a steep decline in transportation orders. Yet, excluding transportation, orders increased 0.5 percent, rebounding from a downwardly revised 0.3 percent fall in the previous month.
Thursday June 18 2015
US Inflation Rate Flat in May  
Consumer prices in the US were unchanged year-on-year in May, following a 0.2 percent drop in April. Yet, the monthly index rose 0.4 percent, the biggest increase in more than two years.
Thursday June 18 2015
Jobless Claims at 5-Week Low  
The number of Americans filing new claims for unemployment benefits decreased by 12,000 to 267,000 in the week ended June 13th from 279,000 in the previous week.
Wednesday June 17 2015
Fed Will Hike Rates by the End of 2015  
The Federal Reserve left its target range for the fed funds rate at 0 to 0.25 percent, as expected, but the lawmakers indicated that U.S. economy is growing strong enough to support an interest rate increase by the end of the year.
Tuesday June 16 2015
Housing Starts Fall, Permits Surge  
Privately-owned housing starts decreased 11.1 percent in May to a seasonally adjusted annual rate of 1,036,000. In contrast, building permits jumped 11.8 percent to 1275 thousand, the highest in nearly eight years.
Monday June 15 2015
US Industrial Production Unexpectedly Falls in May  
The industrial output decreased 0.2 percent in May after failing to grow in the previous five months, dragged down by manufacturing and mining.
Friday June 12 2015
US Consumer Sentiment Rises More than Expected  
The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 94.6 in June, up from 90.7 in May and well above market expectations. Both current and future expectations went up while the inflation outlook slowed.
Thursday June 11 2015
US Retail Sales Beat Forecasts  
Retail sales increased 1.2 percent in May over April, following an upwardly revised 0.2 percent rise in the previous period, boosted by purchases of automobiles, food and gasoline.
Thursday June 11 2015
Jobless Claims Edged Up In Latest Week  
The number of Americans filing new claims for unemployment benefits rose by 2,000 to 279,000 in the week ended June 6th from the previous week. The 4-week moving average was 278,750, an increase of 3,750 from the previous week.
Wednesday June 10 2015
US Budget Deficit Declines to $82.4 Billion in May  
The United States posted a budget gap of $82.4 billion in May, a 37 percent drop from the same period last year as revenues rose and spending declined.
Friday June 05 2015
US Unemployment Rate Up to 5.5%  
The jobless rate increased for the first time in four months to 5.5 percent in May from 5.4 percent in April as more people joined the labour force.
Friday June 05 2015
US Economy Adds 280K Jobs In May  
Total nonfarm payroll employment increased by 280,000 in May, up from a revised 221,000 in April. The unemployment rate rose slightly to 5.5 percent.
Thursday June 04 2015
Jobless Claims Fall in Latest Week  
The number of Americans filing new claims for unemployment benefits fell by 8,000 to 276,000 in the week ended May 30th from the previous week. The 4-week moving average increased while continuing claims reached the lowest since late 2000.
Wednesday June 03 2015
US Services Sector Growth at 13-Month Low  
The ISM non-manufacturing PMI index decreased to 55.7 percent in May from 57.8 percent in April. It is the lowest figure since April last year as business activity, new orders and employment subindexes slowed.
Wednesday June 03 2015
US Trade Deficit Narrows in April  
US trade gap was USD 40.9 billion in April, improving from a shortfall of USD 50.6 billion in March as exports rose 1 percent and imports fell 3.3 percent.
Monday June 01 2015
US Manufacturing Rebounds in May  
The Institute for Supply Management index of national factory activity was 52.8 in May, accelerating from a 2-year low of 51.5 reported in March and April. While new orders and employment indexes improved, the production index decreased.
Monday June 01 2015
US Factory Activity at 4-Month Low  
The final Markit US Manufacturing PMI came in at 54 in May, slightly better than preliminary reading of 53.8 but below 54.1 registered in April. It is the lowest figure since January as new order volumes grew at the weakest pace in 16 months.
Monday June 01 2015
US Personal Spending Flat but Income Rises  
Personal spending was unchanged in April, following an upwardly revised 0.5 percent increase in the previous month due to lower demand for automobiles and utilities. Yet, personal income increased a better than expected 0.4 percent.
Friday May 29 2015
US Consumer Sentiment Above Estimates  
The University of Michigan's final reading on the overall index of consumer sentiment came in at 90.7 in May, higher than a preliminary reading of 88.6 but below 95.9 reported in April. Yet, it is the lowest figure in six months.
Friday May 29 2015
US GDP Shrinks in Q1  
The United States economy contracted at an annual rate of 0.7 percent in the first quarter of 2015, down from a preliminary 0.2 percent growth, figures from the second official estimate showed. It is the first contraction in a year as the trade deficit widened and inventories accumulated less than expected.
Thursday May 28 2015
Jobless Claims Rise in Latest Week  
The number of Americans filing new claims for unemployment benefits rose for the second straight time to 282,000 in the week ended May 23rd, an increase of 7,000 from the previous week’s revised level. It is the highest figure in five weeks.
Tuesday May 26 2015
New Home Sales Beat Forecasts  
Sales of new single-family houses in the US surged 6.8 percent to a seasonally adjusted annual rate of 517,000 units in April, boosted by sales in the South and the Midwest.
Tuesday May 26 2015
Durable Goods Fall in April  
New orders for US manufactured goods shrank 0.5 percent in April, following an upwardly revised 5.1 percent rise in March. Excluding transportation, orders increased 0.5 percent, slightly slowing from a revised 0.6 percent increase in the previous month.
Friday May 22 2015
Fed Likely to Raise Rates in 2015  
The Federal Reserve is likely to start raising interest rates this year as the U.S. economy seems well positioned for continued growth, Fed Chair Janet Yellen said on Friday.
Friday May 22 2015
US Inflation Rate Falls Further  
Consumer prices in the United States went down 0.2 percent year-on-year in April, following a 0.1 percent drop in March due to falling energy cost. Yet, core inflation was unchanged at 1.8 percent, beating market forecasts.
Thursday May 21 2015
US Factory Activity at 16-Month Low  
The Markit Flash U.S. Manufacturing PMI decreased for the second consecutive month to 53.8 in May from 54.1 in April as slower new order growth offset faster job creation. Is the smallest figure since January of 2014.
Thursday May 21 2015
Jobless Claims at 4-Week High  
The number of Americans filing new claims for unemployment benefits was 274,000 in the week ended May 16th, an increase of 10,000 from the previous week’s unrevised level. The four-week moving average fell further to a fresh 2000 low.
Wednesday May 20 2015
Fed June Rate Rise Is Unlikely  
Some Fed officials believed it would be too early to raise interest rates in June even though a first quarter economic slowdown was unlikely to persist, minutes of the meeting held last month showed.
Tuesday May 19 2015
Housing Starts Surge to 7-1/2-Year High  
Privately-owned housing starts jumped 20.2 percent to a seasonally adjusted annual rate of 1,135,000 in April. It is the highest rate since November of 2007 as starts for single-family homes reached a nearly seven-year high.
Friday May 15 2015
US Consumer Sentiment at 7-Month Low  
The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 88.6 in May, down from 95.9 in April and well below market expectations. Both current and future expectations declined while the inflation outlook rose.
Friday May 15 2015
US Industrial Production Disappoints  
Industrial output fell 0.3 percent in April from the previous month, well below market forecasts and marking the fifth consecutive monthly loss. Manufacturing showed no growth while mining and utilities contracted.
Thursday May 14 2015
Jobless Claims Fall Slightly  
The number of Americans filing new claims for unemployment benefits was 264 thousand in the week ended May 9th, a decrease of 1,000 from the previous week’s unrevised level. The four-week moving average was the lowest since 2000.
Wednesday May 13 2015
US Retail Sales Disappoint  
Retail sales in the United States were flat in April, following an upwardly revised 1.1 percent rise in March driven mostly by a fall in autos and gasoline sales.
Tuesday May 12 2015
US Budget Surplus Biggest in 7-Years  
The U.S. budget surplus was $157 billion at the end of April, up 46.7 percent from a $107 billion surplus a year earlier as tax receipts surged.
Friday May 08 2015
US Unemployment Rate Lowest Since May 2008  
The jobless rate fell to 5.4 percent in April from 5.5 percent in the previous two months and the number of unemployed persons edged down to 8.5 million.
Friday May 08 2015
US Economy Adds 223K Jobs In April  
Total nonfarm payroll employment increased by 223,000 in April, bouncing back after an unexpectedly weak report in March and matching market expectations. The unemployment rate dropped to 5.4 percent, the lowest since May 2008.
Thursday May 07 2015
Jobless Claims Edged Up in Latest Week  
The number of Americans filing new claims for unemployment benefits was 265 thousand in the week ended May 2nd, an increase of 3,000 from the previous week's 15-year low. Yet, continuing claims fell to the lowest since late 2000.
Tuesday May 05 2015
US Services Sector Growth Tops Forecasts  
The ISM non-manufacturing PMI index increased to 57.8 percent in April from 56.5 percent in March, the highest in five months, boosted by a surge in business activity.
Tuesday May 05 2015
US Trade Deficit at 6-1/2-Year High  
The goods and services deficit widened to USD 51.4 billion in March from a revised USD 35.9 billion in February. It is the highest shortfall since October of 2008, as the end of a dispute at the West Coast ports lead to a surge in imports.
Friday May 01 2015
US Manufacturing Growth Lowest in 2-Years in April  
The Institute for Supply Management index of national factory activity was 51.5 in April, matching the March reading, which had been the lowest since May 2013.
Friday May 01 2015
US Factory Activity Growth Slows in April  
The final Markit US Manufacturing PMI came in at 54.1 in April, slightly lower than preliminary reading of 54.2 and below 54.7 registered in March.
Thursday April 30 2015
US Personal Spending Picks Up in March  
Personal consumption rose 0.4 percent in March, after expanding 0.2 percent in February. It is the biggest increase in four months, yet below market expectations of 0.5 percent growth.
Thursday April 30 2015
US Jobless Claims Lowest in 15 Years  
The number of Americans filing new claims for unemployment benefits was 262 thousand in the week ended April 25th, a decrease of 34,000 from the previous week's level. This is the lowest level for initial claims since April 15, 2000 when it was 259 thousand.
Wednesday April 29 2015
Fed Pushes Back Expectations of Rate Hike  
The US recovery has lost momentum during the winter months and the pace of hiring has moderated, the Federal Reserve said in a statement released on April 29th, reinforcing expectations that rates would be kept near zero at next meeting in June or longer.
Wednesday April 29 2015
US Economy Expands Only 0.2% in Q1  
The United States economy grew at an annual rate of 0.2 percent in the first quarter of 2015, according to the "advance" estimate. It was the weakest expansion since the first quarter of 2014 as business investment and exports slumped and consumption grew at a slower pace.
Friday April 24 2015
Durable Goods Orders Rebound in March  
New orders for US manufactured goods rose 4 percent in March, rebounding from a 1.4 percent fall in February. Excluding transportation, orders dropped 0.2 percent after a downwardly revised 1.3 percent decline in the previous month.
Thursday April 23 2015
New Home Sales Fall Sharply  
Sales of new single-family houses in the US shrank 11.4 percent to a seasonally adjusted annual rate of 481,000 units in March. It is the lowest figure in four months.
Thursday April 23 2015
US Factory Activity Slows in April  
The Markit Flash U.S. Manufacturing PMI decreased to 54.2 in April from 55.7 in March as output and new business growth slowed down.
Thursday April 23 2015
Jobless Claims Up to 295K  
The number of Americans filing new claims for unemployment benefits was 295 thousand in the week ended April 18th, an increase of 1,000 from the previous week's level. It is the third consecutive rise and the highest figure in seven weeks.
Friday April 17 2015
US Consumer Sentiment at 3-Month High  
The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 95.9 in April, up from 93 in March and above market expectations. Both current and future expectations increased while the inflation outlook slowed.
Friday April 17 2015
US Inflation Rate Back to Negative Territory  
Consumer prices in the United States fell 0.1 percent year-on-year in March after being flat in February due to lower energy cost. Yet, core inflation edged up to 1.8 percent.
Thursday April 16 2015
Housing Starts Below Expectations  
US privately-owned housing rose 2 percent to a seasonally adjusted annual rate of 926,000 in March, rebounding from a revised 15.3 percent fall in February but below market forecasts. Building permits shrank 5.7 percent.
Thursday April 16 2015
US Jobless Claims Rise to 5-Week High  
The number of Americans filing new claims for unemployment benefits was 294 thousand for the week ended April 11th, an increase of 12,000 from the previous week's revised level.
Wednesday April 15 2015
US Industrial Production Falls 0.6%  
Industrial output fell 0.6 percent mom in March, after increasing 0.1 percent in February. It is the lowest figure since August of 2012, due to a slump in mining and utilities.
Tuesday April 14 2015
US Retail Sales Rebound in March  
U.S. retail sales rose 0.9 percent in March after declining in the last three months as consumers bought automobiles and other goods. It was the largest gain since March of 2014.
Monday April 13 2015
US Budget Deficit Widens in March  
The U.S. budget deficit was $52.9 billion at the end of March, down 43 percent compared with a $37 billion gap a year earlier as spending increased more than receipts.
Thursday April 09 2015
Jobless Claims Rise Less Than Expected  
The number of Americans filing new claims for unemployment benefits increased by 14K to a seasonally adjusted 281K. Yet, the four-week moving average and the continuing jobless claims were the lowest since 2000.
Monday April 06 2015
US Services Sector Growth Slows  
The ISM non-manufacturing PMI index decreased to 56.5 percent in March from 56.9 percent in February, the lowest in three months. While export orders increased to a two-year high, business activity fell to its lowest in a year.
Friday April 03 2015
US Unemployment Rate Steady at 5.5%  
The jobless rate held at 5.5 percent in March, the same as in February and the lowest in nearly 7 years. The number of unemployed persons was little changed at 8.6 million.
Friday April 03 2015
US Economy Adds Only 126K Jobs in March  
US nonfarm payrolls increased by 126,000 last month after a downwardly revised 264,000 rise in February, the smallest gain since December of 2013. Meanwhile, the jobless rate remained unchanged at 5.5 percent.
Thursday April 02 2015
Jobless Claims at 9-Week Low  
The number of Americans filing new claims for unemployment benefits decreased by 20,000 to a seasonally adjusted 268,000 in latest week while the number of people continuing to receive jobless benefits touched the lowest since 2000.
Thursday April 02 2015
US Trade Deficit Lowest Since October 2009  
US trade gap narrowed 17 percent to $35.44 billion in February, from a revised $42.68 billion in January as a dispute at one of the country's main ports depressed both imports and exports..
Wednesday April 01 2015
US Manufacturing Growth At 22-Month Low  
The Institute for Supply Management index of national factory activity declined for the fifth straight month to 51.5 in March from 52.9 in February. The new orders, production and employment subindexes fell while the prices gauge increased.
Wednesday April 01 2015
US Factory Activity Confirmed at 5-Month High  
The final Markit US Manufacturing PMI came in at 55.7 in March, up from a preliminary 55.3 and 55.1 in February, driven by higher output and employment.
Monday March 30 2015
US Personal Spending Rebounds  
Personal spending edged up 0.1 percent in February, following a 0.2 percent drop in January. Personal income increased 0.4 percent.
Friday March 27 2015
US Consumer Sentiment Above Forecasts in March  
The University of Michigan's final reading on the overall index of consumer sentiment came in at 93 in March, higher than a preliminary reading of 91.2 but below 95.4 reported in February.
Friday March 27 2015
US Economy Expands 2.2% in Q4  
The United States economy advanced an annualized 2.2 percent in the fourth quarter of 2014, unrevised from last month's estimate. While increases in exports and in personal consumption expenditures were larger than previously estimated, the change in private inventories was smaller.
Thursday March 26 2015
Jobless Claims Lowest in 5-Weeks  
The number of Americans filing new claims for unemployment benefits decreased by 9,000 to a seasonally adjusted 282,000 in latest week while the number of people continuing to receive jobless benefits dropped by 6,000 to 2.42 million in the week ended March 14th.
Wednesday March 25 2015
Durable Goods Orders Disappoint in February  
Orders for US capital goods unexpectedly fell 1.4 percent in February, compared to downwardly revised 2 percent growth in January. Excluding transportation, orders dropped 0.4 percent after a 0.7 percent decline in the previous month.
Tuesday March 24 2015
US New Home Sales At 7-Year High  
New U.S. single-family home sales surged 7.8 percent to a seasonally adjusted annual rate of 539,000 units, the highest level since February 2008.
Tuesday March 24 2015
US Factory Activity At 5-Month High  
The Markit flash U.S. manufacturing PMI rose to 55.3 in March from 55.1 reported in February. It is the highest reading since October, when the final PMI was 55.9.
Tuesday March 24 2015
US Inflation Rate at 0% in February  
US consumer prices were unchanged in the year to February 2015, after dropping 0.1 percent in January as decline in energy index was offset by a higher cost of food, shelter and medical care.
Thursday March 19 2015
Jobless Claims Rise Slightly  
The number of Americans filing new claims for unemployment benefits increased marginally by 1,000 to a seasonally adjusted 291,000 in latest week. In contrast, continuing claims fell to a 3-week low the week before.
Wednesday March 18 2015
Fed Signals Slower Pace of Rises  
The Federal Reserve kept the interest rate at 0.25 percent during the meeting held on March 18th but dropped the pledge to be patient on rate rise thus opening the possibility of higher borrowing costs as early as June.
Tuesday March 17 2015
Housing Starts Tumble in February  
US privately-owned housing starts fell 17 percent to a seasonally adjusted annual rate of 897,000 in February. Is it the lowest figure since January last year as cold weather hurt groundbreaking mainly in the Northeast and the Midwest.
Monday March 16 2015
US Industrial Production Disappoints In February  
Industrial output in the United States edged up only 0.1 percent in February, following a revised 0.3 percent drop in the previous month. Higher demand for heating boosted utilities while manufacturing fell for the third straight month due to lower automobile production.
Friday March 13 2015
US Consumer Sentiment at 4-Month Low  
The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 91.2 in March, down from 95.4 in February and well below market expectations. The consumer sentiment fell for the second month as current and future expectations both declined.
Thursday March 12 2015
US Budget Deficit Narrows Slightly in February  
The U.S. budget gap decreased 1 percent year-on-year to $192 billion in February of 2015, due to lower spending for refundable tax credits, interest on public debt and military activities.
Thursday March 12 2015
Jobless Claims Fall in Latest Week  
In the week ending March 7, the advance figure for seasonally adjusted initial claims was 289,000, a decrease of 36,000 from the previous week's revised level.
Thursday March 12 2015
US Retail Sales Decline For Third Straight Month  
Sales in U.S. retail and food stores unexpectedly decreased 0.6 percent from the previous month, following a 0.8 percent drop in January as cold weather kept consumers from shopping malls and car dealers.
Friday March 06 2015
US Unemployment Rate Down to Nearly 7-Year Low  
The jobless rate decreased to 5.5 percent in February from 5.7 percent in the previous month. It is the lowest figure since May of 2008 as the number of unemployed persons went down.
Friday March 06 2015
US Trade Deficit Narrows in January  
US trade gap declined 8.3 percent to $41.8 billion in January, from a revised $45.6 billion in December as imports decreased more than exports.
Friday March 06 2015
US Economy Adds 295K Jobs in February  
US nonfarm payrolls increased by 295,000 last month after a downwardly revised 239,000 rise in January. Meanwhile, the jobless rate edged down to 5.5 percent from 5.7 percent.
Thursday March 05 2015
Jobless Claims at 9-Month High  
The number of Americans filing new claims for unemployment benefits increased for the second straight week by 7,000 to a seasonally adjusted 320,000 in the week ending February 28th. It is the highest figure since the week ended May 17th, 2014.
Wednesday March 04 2015
US Services Sector Growth at 3-Month High  
The ISM non-manufacturing PMI index increased to 56.9 percent in February from 56.7 percent in the previous month. A rise in employment and prices gauge was enough to offset a drop in business activity and new orders.
Monday March 02 2015
US Manufacturing Activity at 13-Month Low  
The Institute for Supply Management index of national factory activity declined for the fourth straight month to 52.9 in February from 53.5 in January. The new orders, production and employment subindexes fell while the prices gauge was unchanged.
Monday March 02 2015
US Markit Manufacturing PMI at 4-Month High  
The final Markit U.S. manufacturing PMI registered 55.1 in February, up from a preliminary 54.3 and a final 53.9 in January. Output and new orders increased sharply and delays in the delivery of items contributed to an accumulation of backlogs of work and a record increase in finished goods stocks.
Monday March 02 2015
US Personal Spending Disappoints  
Personal spending shrank for the second consecutive month by 0.2 percent in January, following a 0.3 percent fall in the previous month. Personal income rose 0.3 percent.
Friday February 27 2015
US Consumer Sentiment Falls From 11-Year High in February  
The University of Michigan's final reading on the overall index of consumer sentiment came in at 95.4 in February, much higher than a preliminary reading of 93.6. It was the first decrease in seven months reflecting bad weather and uptick in fuel cost.
Friday February 27 2015
US GDP Growth Revised Down to 2.2%  
The United States economy advanced an annualized 2.2 percent in the fourth quarter of 2014, according to the second estimate released by the Bureau of Economic Analysis. The new figure comes below a 2.6 percent advance estimate, due to lower fixed investment and higher imports.
Thursday February 26 2015
US Inflation Rate Turns Negative  
Consumer prices in the US dropped 0.1 percent year-on-year in January, the lowest rate since late 2009. On a monthly basis, prices went down 0.7 percent due to falling gasoline cost.
Thursday February 26 2015
Durable Goods Orders Recover in January  
Orders for US capital goods grew by 2.8 percent in January, following a downwardly revised 3.7 percent fall in December. Excluding transportation, orders increased 0.3 percent after a 0.9 percent decline in the previous month.
Thursday February 26 2015
Jobless Claims Rise to 5-Week High  
The number of Americans filing new claims for unemployment benefits increased by 31,000 to a seasonally adjusted 313,000 in the week ending February 21st.
Wednesday February 25 2015
US New Home Sales Beat Expectations  
Sales of new single-family houses were recorded at a seasonally adjusted annual rate of 481,000 in January, much better than market forecasts. Although sales edged down 0.2 percent from a revised 482,000 in December, supply increased to its highest since 2010.
Tuesday February 24 2015
Fed Flexible with Time of Rates Hike  
Federal Reserve is prepared to consider interest rate hikes on a meeting by meeting basis, if economic conditions continue to improve, Chair Janet Yellen said in a testimony before the Senate Banking Committee.
Friday February 20 2015
US Factory Activity Beats Expectations  
The Markit flash U.S. manufacturing PMI rose to 54.3 in February from 53.9 reported in January and December. While production levels increased at fastest pace in four months, new business and employment slowed.
Thursday February 19 2015
Jobless Claims Fall More Than Expected  
The number of Americans filing new claims for unemployment benefits declined by 21,000 to a seasonally adjusted 283,000 in the week ending February 14th, pointing that the recovery in the labor market was gathering stream.
Wednesday February 18 2015
Fed Worried About Hiking Rates Too Soon  
Federal Reserve policymakers expressed concern that raising interest rates too soon could hamper U.S. economic recovery and were debating changes to policy tools when the rates would be increased, the January FOMC minutes showed.
Wednesday February 18 2015
US Industrial Production Edges Up 0.2%  
Industrial output in the United States increased 0.2 percent in January after falling 0.3 percent in December. While manufacturing sector rose a meager 0.2 percent and utilities went up by 2.3 percent; mining shrank 1 percent due to lower output in oil and gas industries.
Wednesday February 18 2015
Housing Starts Fall in January  
US privately-owned housing starts shrank 2 percent to a seasonally adjusted annual rate of 1,065,000 in January. Single family home starts dropped 6.7 percent, offsetting a 12.1 percent gain in the multi-family segment.
Friday February 13 2015
US Consumer Confidence Disappoints in February  
The University of Michigan's preliminary reading on the overall index of consumer sentiment declined to 93.6 in February from an 11 year high of 98.1 reported in January.
Thursday February 12 2015
Jobless Claims at 3-Week High  
The number of Americans filing new claims for unemployment benefits increased by 25,000 to a seasonally adjusted 304,000 in the week ending February 7th, above market forecasts.
Thursday February 12 2015
US Retail Sales Drop 0.8% In January  
Sales in U.S. retail and food stores decreased 0.8 percent from the previous month, following a 0.9 percent drop in December as receipts at car dealers, gasoline stations and clothing stores were smaller.
Wednesday February 11 2015
U.S. Budget Deficit Widens in January  
The U.S. budget gap increased to $17.5 billion in January of 2015 from $10.3 billion a year earlier as the government spend more on health care services for low-income Americans.
Friday February 06 2015
US Unemployment Rate Edges Up to 5.7%  
US jobless rate increased to 5.7 percent in January of 2015 from 5.6 percent in the previous month as more unemployed started looking for work.
Friday February 06 2015
US Job Growth Beats Estimates in January  
US nonfarm payrolls increased by 257,000 last month after a upwardly revised 329,000 rise in December. Meanwhile, the jobless rate edged up to 5.7 percent from 5.6 percent as more unemployed started looking for work.
Thursday February 05 2015
Jobless Claims Rise in Latest Week  
The number of Americans filing new claims for unemployment benefits increased by 11,000 to a seasonally adjusted 278,000 in the week ending January 31st. There were no special factors impacting this week's initial claims.
Thursday February 05 2015
US Trade Gap Largest Since November of 2012  
US trade deficit widened to $46.6 billion in December from $39.8 billion in November as exports was down 0.8 percent and imports grew 2.2 percent.
Wednesday February 04 2015
US Services Sector Growth Edges Up in January  
The ISM non-manufacturing PMI index increased to 56.7 percent in January from 56.5 percent in December. While the business activity and new orders gauge improved, employment and prices subindexes declined.
Monday February 02 2015
US Manufacturing Growth Weakest in a Year  
The Institute for Supply Management index of national factory activity declined to 53.5 in January from 55.1 a month before. All four major subindexes: new orders, production, employment and prices decreased.
Monday February 02 2015
US Markit Manufacturing PMI Unchanged in January  
The Markit final U.S. manufacturing PMI registered 53.9 in January, slightly up from a preliminary 53.7 and unchanged from December. Output growth rebounded but new orders slowed and input prices dropped for the first time in two-and-a-half years.
Monday February 02 2015
US Personal Spending Falls the Most in 5 Years  
Personal spending dropped more than expected by 0.3 percent in December, following a downwardly revised 0.5 percent rise in the previous month.
Friday January 30 2015
US Consumer Sentiment The Highest Since January 2004  
The Thomson Reuters/University of Michigan's final reading on the overall index of consumer sentiment came in at 98.1 in January, marginally unchanged from a preliminary reading of 98.1. It is the highest number in eleven years as steady job and wage gains boosted current expectations.
Friday January 30 2015
US GDP Growth Slows in Q4  
The United States economy expanded at an annual rate of 2.6 percent in the fourth quarter of 2014, according to the "advance" estimate. Fastest pace of consumer spending since 2006 was not enough to offset weak business spending and a wider trade deficit.
Thursday January 29 2015
ISM Non-Manufacturing PMI Revised Up  
The Institute for Supply Management non-manufacturing PMI index was revised to 56.5 percent in December from 56.2 percent previously reported. Revisions have to do with adjustments to seasonal factors that are made on an annual basis.
Thursday January 29 2015
ISM Manufacturing PMI Revised Down  
The Institute for Supply Management index of national factory activity was revised to 55.1 percent in December from 55.5 percent previously reported. Revisions have to do with adjustments to seasonal factors that are made on an annual basis.
Thursday January 29 2015
Jobless Claims Fall to Nearly 15-Year Low  
The number of Americans filing new claims for unemployment benefits decreased by 43,000 to a seasonally adjusted 265,000 in the week ending January 24th. This is the lowest level for initial claims since April 15, 2000 when it was 259,000.
Wednesday January 28 2015
Fed to Remain Patient in Hiking Rates  
The Federal Reserve on January 28th repeated that it will remain "patient" in deciding when to raise interest rates. The policymakers also boosted its assessment of the economy and labor market despite lower inflation expectations and turmoil in other markets around the world.
Tuesday January 27 2015
New Home Sales at 6-1/2-Year High  
Sales of new single-family houses were recorded at a seasonally adjusted annual rate of 481,000 in December, up 11.6 percent from a revised 431,000 in November. It is the highest figure since June of 2008 as sales in Northeast region surged 53.6 percent.
Tuesday January 27 2015
Durable Goods Orders Disappoint in December  
Orders for US capital goods shrank by 3.4 percent in December, following a downwardly revised 2.1 percent fall in November. Excluding transportation, orders were down 0.8 percent after a 1.3 percent decline in the previous month.
Friday January 23 2015
US Manufacturing Activity At 1-Year Low  
The Markit flash U.S. manufacturing PMI registered 53.7 in January, down from 53.9 in December. It is the lowest figure since January of 2014 as new business growth slowed and there were fewer new orders.
Thursday January 22 2015
Jobless Claims Down to 307K in the Latest Week  
The number of Americans filing new claims for unemployment benefits decreased by 10,000 to a seasonally adjusted 307,000 in the week ending January 17th. The previous week’s level was revised to 317,000.
Wednesday January 21 2015
Housing Starts Rise More Than Expected  
US privately-owned housing starts rose 4.4 percent to a seasonally adjusted annual rate of 1,089,000 in December. It is the strongest figure since July as single-family homes starts hit the highest level in more than six years.
Friday January 16 2015
US Consumer Sentiment At 11-Year High  
The Thomson Reuters/University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 98.2 in January. It is the highest figure since January of 2004 as lower gasoline prices and steady job gains improved consumer's current and future expectations.
Friday January 16 2015
US Industrial Production Down 0.1%  
Industrial output decreased 0.1 percent in December after rising 1.3 percent in the previous month, due to a sharp drop in the output of utilities, as warmer-than-usual temperatures reduced demand for heating. Excluding utilities, industrial production rose 0.7 percent.
Friday January 16 2015
US Inflation Rate At 5-Year Low  
US annual inflation rate slowed to 0.8 percent in December from 1.3 percent in the previous month. It is the lowest figure since October of 2009 as cost of energy plunged. On a monthly basis, consumer prices dropped 0.4 percent, the biggest decline in six years.
Thursday January 15 2015
Jobless Claims at 18-Week High  
The number of Americans filing new claims for unemployment benefits increased by 19,000 to a seasonally adjusted 316,000 in the week ending January 10th. The previous week’s level was revised to 297,000.
Wednesday January 14 2015
US Retail Sales Disappoint in December  
Retail sales shrank 0.9 percent in December, following a 0.4 percent gain in the previous month that was smaller than previously estimated. It is the biggest drop since January as demand fell for nine of thirteen major categories.
Tuesday January 13 2015
US Reports $2 billion Budget Surplus in December  
The U.S. budget surplus was $1867 million at the end of December, down 96 percent from the same period last year as spending surged 44 percent.
Friday January 09 2015
US Unemployment Rate at 6-1/2-Year Low  
US jobless rate declined by 0.2 percentage point to 5.6 percent in December, the lowest since June of 2008. The number of unemployed persons decreased by 383,000 to 8.7 million.
Friday January 09 2015
US Adds 252K Jobs in December  
US nonfarm payrolls increased 252,000 last month after a revised 353,000 jump in November, while the unemployment rate fell to 5.6 percent from 5.8 percent.
Thursday January 08 2015
Jobless Claims Fall in Latest Week  
The number of Americans filing new claims for unemployment benefits decreased by 4,000 to a seasonally adjusted 294,000 in the week ending January 3rd. The previous week’s level was unrevised at 298,000.
Wednesday January 07 2015
Fed Unlikely to Raise Rates Before April  
Fed policymakers agreed that interest rates are unlikely to rise for at least the next couple of meetings, minutes from FOMC last meeting showed. While the timing of the first rate hike depends on the strength of economic data, the panel said it will be “patient” to begin the normalization process.
Wednesday January 07 2015
US Trade Deficit at 11-Month Low  
The US trade gap decreased to USD 39 billion in November of 2014 from a revised USD 42.3 billion in the previous month. It is the lowest trade deficit since December of 2013 supported by a fall in crude oil imports.
Tuesday January 06 2015
US Service Sector Slows to 6-Month Low  
The ISM non-manufacturing PMI index decreased to 56.2 percent in December from 59.3 in November. It is the lowest figure since June, as business activity, new orders, employment and prices fell.
Friday January 02 2015
US Manufacturing Growth At 6-Month Low in December  
The Institute for Supply Management index of national factory activity declined to 55.5 from 58.7 the month before. While new orders, production and prices subindexes decreased, the employment gauge improved.
Friday January 02 2015
US Factory Activity Slows In December  
The Markit final U.S. manufacturing PMI registered 53.9 in December, down from 54.8 in November and above flash reading of 53.7. The output subindex rose at the weakest pace in 11 months while new business growth remained solid.
Wednesday December 31 2014
Jobless Claims Rise More Than Expected  
The number of Americans filing new claims for unemployment benefits increased by 17,000 to a seasonally adjusted 298,000 in the week ending December 27th. It is the highest number in 4 weeks.
Wednesday December 24 2014
Jobless Claims Fall to 280K  
In the week ending December 20th, 280 thousand Americans filed for unemployment benefits, a decrease of 9,000 from the previous week's unrevised level of 289 thousand. It is the lowest figure in seven weeks and the fourth consecutive fall.
Tuesday December 23 2014
New Home Sales Fall to 438K  
Sales of new single-family houses were recorded at a seasonally adjusted annual rate of 438,000 in November, down 1.6 percent from a revised 445,000 in October. It is the second consecutive fall and the lowest figure in four months.
Tuesday December 23 2014
US Personal Spending Rises The Most in 7 Months  
Consumer spending increased more than forecast in November as personal income grew and gasoline prices dropped.
Tuesday December 23 2014
US Consumer Sentiment Confirmed at 8-Year High  
The Thomson Reuters/University of Michigan's final reading on the overall index of consumer sentiment came in at 93.6 in December, slightly down from a preliminary reading of 93.8 but up from 88.8 in November. It is the highest reading in nearly eight years as lower gasoline prices drove expectations up.
Tuesday December 23 2014
US GDP Growth at 11-Year High  
The United States economy advanced an annualized 5.0 percent in the third quarter of 2014, according to final figures from the Bureau of Economic Analysis, beating previous estimates and market expectations. It is the highest pace since the third quarter of 2003, reflecting an upturn in consumer spending and investment and a downturn in imports.
Tuesday December 23 2014
Durable Goods Orders Down 0.7% in November  
New orders for manufactured durable goods unexpectedly decreased 0.7 percent in November, following a 0.3 percent increase in November. It was a third decline in the last four months led by 1.2 percent drop in transportation equipment.
Thursday December 18 2014
Jobless Claims at 6-Week Low  
In the week ending December 13th, 289 thousand Americans filed for unemployment benefits, a decrease of 6,000 from the previous week's revised level of 295 thousand. It is the lowest figure in six weeks and the third consecutive fall.
Wednesday December 17 2014
Fed May Hike Rates By the Middle of 2015  
The Federal Reserve on Wednesday dropped a pledge to keep interest rates near zero for a "considerable time" sending a signal that it was on track to raise the borrowing cost sometime next year.
Wednesday December 17 2014
US Inflation Rate Slows to 1.3%  
US annual inflation rate eased to 1.3 percent in November from 1.7 percent in the previous three months due to a fall in energy cost. On a monthly basis, consumer prices decreased 0.3 percent, the biggest decline in six years.
Tuesday December 16 2014
US Factory Activity at 11-Month Low  
The Markit flash U.S. manufacturing PMI registered 53.7 in December, down from 54.8 in November. The output subindex slowed for the fourth consecutive month while employment gauge was the lowest in five months.
Tuesday December 16 2014
US Housing Starts Fell in November  
Housing starts shrank 1.6 percent in November, following a revised 1.7 percent rise in October, dragged down by a 5.4 percent drop in single-family homes. Building permits fell at a faster 5.2 percent.
Monday December 15 2014
US Industrial Production Surges  
Industrial output in the United States rose 1.3 percent in November, following a revised 0.1 percent increase in October. It is the highest growth in more than four years supported by gains in manufacturing and utilities’ production.
Friday December 12 2014
US Consumer Sentiment Up to 8-Year High  
The Thomson Reuters/University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 93.8 in December. It is the highest figure since January of 2007 as lower gasoline prices improved consumer current and future expectations.
Thursday December 11 2014
US Retail Sales Beat Expectations  
Retail sales increased 0.7 percent in November, following a revised 0.5 percent rise in the previous month. It is the highest gain since March, as the holiday shopping boosted food, auto and clothing sales.
Thursday December 11 2014
US Jobless Claims Decrease Slightly  
The number of Americans filing new claims for unemployment benefits fell to 294 thousand for the week ended December 6th, pointing to a strengthening labor market.
Wednesday December 10 2014
US Budget Deficit Narrows More Than Expected in November  
The United States budget deficit declined by 58 percent to $56.8 billion in November of 2014 as compared to a $182.5 billion gap a year earlier as spending fell and receipts increased.
Friday December 05 2014
US Trade Deficit Narrows in October  
US trade gap narrowed by 0.4 percent to $43.4 billion from the prior month’s revised $43.6 billion as exports and imports increased.
Friday December 05 2014
US Jobs Growth Beats Expectations in November  
Total nonfarm payroll employment rose by 321,000 in November, compared with an average monthly gain of 224,000 over the prior 12 months. In November, job growth was widespread, led by gains in professional and business services, retail trade, health care, and manufacturing.
Friday December 05 2014
US Unemployment Rate Unchanged at 5.8% in November  
US jobless rate remained stable at 5.8 percent in November and the number of unemployed persons was little changed at 9.1 million.
Thursday December 18 2014
Jobless Claims At the Lowest Level in Six Weeks  
In the week ending November 29th, 297 Thousand Americans filed for unemployment benefits, a decrease of 17,000 from the previous week's revised level of 314 thousand.
Wednesday December 03 2014
U.S. Service Sector Growth at 3-Month High  
The ISM non-manufacturing PMI index increased to 59.3 percent in November from 57.1 reported in October. While business activity, new orders and prices paid components increased, employment and imports indexes fell.
Monday December 01 2014
US Factory Activity Slows Slightly in November  
The Institute for Supply Management manufacturing PMI registered 58.7 percent in November, slightly down from 59 percent in October. While the gauge of new orders rose, the indexes for production, employment and prices fell.
Monday December 01 2014
US Markit Manufacturing PMI Down in November  
The final Markit U.S. Manufacturing PMI registered 54.8 in November, slightly up from a flash reading of 54.7, but down from 55.9 in October. Factory activity slowed for the third consecutive month to the lowest figure in ten months, as new orders and output fell.
Wednesday November 26 2014
New Home Sales Below Expectations  
Sales of new single-family houses in October were at a seasonally adjusted annual rate of 458,000, up from a downwardly revised 455,000 in the previous month, but missing market forecasts. The stock of new houses for sale rose 1.0 percent, the highest level since June of 2010.
Wednesday November 26 2014
US Consumer Sentiment Highest Since July of 2007  
The Thomson Reuters/University of Michigan's final reading on the overall index of consumer sentiment came in at 88.8 in November, down from a preliminary reading of 89.4 but up from 86.9 in October.
Wednesday November 26 2014
Durable Goods Orders Up 0.4%  
New orders for manufactured durable goods increased 0.4 percent in October, following a revised 0.9 percent drop in September. It is the first gain in three months driven by a 3.4 percent rise in transportation orders.
Wednesday November 26 2014
Personal Spending Rises 0.2% in October  
Consumer spending in the US increased by 0.2 percent in October, the same pace as incomes.
Wednesday November 26 2014
Jobless Claims At Almost Three-Month High  
In the week ending November 22nd, 313 Thousand American filed for unemployment benefits an increase of 21,000 from the previous week's revised level.
Tuesday November 25 2014
US GDP Growth Revised Up to 3.9% in Q3  
The United States economy advanced an annualized 3.9 percent in the third quarter of 2014, according to the second estimate released by the Bureau of Economic Analysis. The new figure comes better than an advance estimate of 3.5 percent, as consumer spending and investment contributed more to the growth.
Thursday November 20 2014
US Markit Manufacturing PMI Down to 10-Month Low  
US factory activity slowed for the third consecutive month to 54.7 in November from 55.9 in October. Output and new orders subindexes were at their lowest levels since January, while the employment gauge rose slightly.
Thursday November 20 2014
US Inflation Rate Stable at 1.7%  
US annual inflation rate was recorded at 1.7 percent for the third consecutive month in October, as fall in energy prices was enough to offset higher food and shelter cost. Prices remained unchanged compared with the previous month.
Thursday November 20 2014
Jobless Claims Below 300K for 10th Week  
In the week ending November 15th, 291 Thousand American filed for unemployment benefits a decrease of 2,000 from the previous week's revised level.
Wednesday November 19 2014
Fed Raises Concerns Over Low Inflation  
Minutes from Fed’s last meeting showed policymakers were concerned about a possible downward shift in longer-term inflation expectations in the wake of lower growth. Also, it was an easy decision for the committee to end quantitative easing, although one member did not support it.
Wednesday November 19 2014
US Housing Starts Down in October  
Housing starts shrank 2.8 percent in October, dragged down by a 15.5 percent drop in houses with 5 units or more. Building permits surged 4.8 percent to a 6-1/2-year high annual rate of 1,080,000.
Monday November 17 2014
US Industrial Production Falls  
Industrial production in the United States contracted 0.1 percent in October, following a a downwardly revised gain of 0.8 percent in September. While manufacturing increased 0.2 percent, mining and utilities output declined 0.9 percent and 0.7 percent respectively.
Friday November 14 2014
US Consumer Sentiment Surges  
The Thomson Reuters/University of Michigan's consumer sentiment increased for the fourth straight month to a preliminary reading of 89.4 in November. It is the highest figure since July of 2007 as falling unemployment increased consumers’ current and future expectations.
Friday November 14 2014
US Retail Sales Rebound in October  
US retail and food services sales increased 0.3 percent in October, following a 0.3 percent drop in the previous month, boosted by sales in food, clothing and sporting goods shops.
Thursday November 13 2014
US Reports $122B Budget Deficit in October  
The U.S. had a budget deficit of $122 billion in October, up 34 percent from $91 billion gap reported in the same period last year.
Thursday November 13 2014
US Jobless Claims Up to 7-Week High  
In the week ending November 8, the advance figure for seasonally adjusted initial claims was 290,000, an increase of 12,000 from the previous week's unrevised level of 278,000. There were no special factors impacting this week's initial claims.
Friday November 07 2014
US Unemployment Rate Drops Further  
US jobless rate decreased for the third consecutive month to a fresh six-year low 5.8 percent in October from 5.9 percent in September. The number of unemployed persons edged down to 9.0 million.
Friday November 07 2014
U.S. Adds 214K Jobs in October  
Total nonfarm payroll employment rose by 214,000 in October, and the unemployment rate edged down to 6-year low of 5.8 percent. Job growth occurred in food services and drinking places, retail trade, and health care.
Thursday November 06 2014
US Jobless Claims Down in Latest Week  
In the week ending November 1, the advance figure for seasonally adjusted initial claims was 278,000, a decrease of 10,000 from the previous week's revised level. The 4-week moving average was 279,000, the lowest level in more than fourteen years.
Wednesday November 05 2014
US Service Sector Growth Disappoints  
The ISM non-manufacturing index slowed for the second straight month to 57.1 percent in October from September’s reading of 58.6 percent. However, the employment index rose to its highest in nine years.
Tuesday November 04 2014
US Trade Deficit Widens in September  
The US trade gap increased to USD 43.03 billion in September compared with a revised USD 39.99 billion shortfall in August, as exports decreased to a five-month low.
Monday November 03 2014
US Factory Activity Beats Forecasts  
The Institute for Supply Management manufacturing PMI registered 59 percent in October, an increase of 2.4 percentage points from September’s reading of 56.6 percent. New orders increased sharply and employment grew for the sixteenth consecutive month.
Monday November 03 2014
US Markit Manufacturing PMI at 3-Month Low  
The seasonally adjusted final Markit U.S. Manufacturing PMI posted 55.9 in October, down from a preliminary estimate of 56.2 and 57.5 in September. Output and new business growth both moderated in October but job creation remained resilient. Meanwhile, input cost inflation was the weakest since April.
Friday October 31 2014
US Consumer Sentiment Confirmed at 7-Year High  
The Thomson Reuters/University of Michigan's final reading on the overall index of consumer sentiment came in at 86.9 in October, compared with a preliminary reading of 86.4 and 84.6 in September. Consumers’ sentiment rose for the third consecutive month to its highest since July of 2007.
Friday October 31 2014
Personal Spending Disappoints in September  
Consumer spending in the US shrank for the first time in eight months by 0.2 percent in September following a 0.5 percent increase in August. Yet, personal income rose 0.2 percent.
Thursday October 30 2014
US GDP Growth Beats Expectations in Q3  
The United States economy advanced an annualized 3.5 percent in the third quarter of 2014, slowing from a 4.6 percent increase in the previous period. Advance estimates showed a downturn in inventory, residential and nonresidential investment and deceleration in personal consumption, exports and state and local public spending.
Thursday October 30 2014
Jobless Claims Increase Slightly in Latest Week  
Applications for unemployment benefits rose by 3K to 287K in the week ending October 25th. Despite the increase in the latest week, the 4-week moving average was the lowest than at any time in more than 14 years.
Wednesday October 29 2014
Fed Ends QE  
The Federal Reserve decided on October 29th to end its asset purchase program and signaled a rate hike may occur sooner than anticipated if inflation and employment improve further.
Tuesday October 28 2014
Durable Goods Orders Disappoint  
New orders for manufactured durable goods decreased 1.3 percent in September, following a revised 18.3 percent drop in August. It is the second consecutive slide as capital goods orders decreased the most in eight months and transportation orders fell 3.7 percent.
Friday October 24 2014
US New Home Sales Rise 0.2% in September  
Sales of new single-family houses were at a seasonally adjusted annual rate of 467,000 in September 2014. It is the highest figure in six years, but the August rate was revised down by 38,000 to an annual 466,000.
Thursday October 23 2014
US Manufacturing Activity Slows in October  
The seasonally adjusted Markit Flash U.S. Manufacturing PMI decreased to 56.2 in October from 57.5 in September. It is the lowest figure in four months as new business posted the smallest gain this year and new export sales recorded the slowest rise since July.
Thursday October 23 2014
US Jobless Claims Rise in Latest Week  
In the week ending October 18, the advance figure for seasonally adjusted initial claims was 283,000, an increase of 17,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 264,000 to 266,000.
Wednesday October 22 2014
US Inflation Rate Steady at 1.7%  
US annual inflation rate was recorded at 1.7 percent in September, the same as in August. On a monthly basis consumer prices rose 0.1 percent, as increases in shelter and food cost outweighed declines in energy prices.
Friday October 17 2014
US Consumer Sentiment Beats Expectations  
The Thomson Reuters/University of Michigan's consumer sentiment increased to a preliminary reading of 86.4 in October from 84.6 in September. It is the highest reading in seven years.
Friday October 17 2014
US Housing Starts Rebound in September  
Privately-owned housing starts in September were at a seasonally adjusted annual rate of 1,017,000. This is 6.3 percent above the revised August estimate of 957,000 and is 17.8 percent above the September 2013 rate of 863,000.
Thursday October 16 2014
US Industrial Production Better Than Expected  
US industrial output rose 1 percent in September of 2014, following a revised 0.2 percent drop in August. It is the highest gain in nearly two years, driven by a surge in mining and utilities output.
Thursday October 16 2014
US Jobless Claims Down to 14-Year Low  
In the week ending October 11, the advance figure for seasonally adjusted initial claims was 264,000, a decrease of 23,000 from the previous week's unrevised level of 287,000. This is the lowest level for initial claims since April 15, 2000 when it was 259,000.
Wednesday October 15 2014
US Budget Surplus Widens in September  
The US budget surplus reached USD 105.8 billion in September of 2014, up 41 percent from a year earlier and better than market expectations.
Wednesday October 15 2014
US Retail Sales Disappoint in September  
US retail and food services sales dropped 0.3 percent in September from August, following a 0.6 percent increase in the previous period. It is the first drop in eight months, as consumers spend less in gasoline stations and motor vehicle stores.
Thursday October 09 2014
US Jobless Claims Down to 287K  
In the week ending October 4, the advance figure for seasonally adjusted initial claims was 287,000, a decrease of 1,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Wednesday October 08 2014
Fed Raises Concerns Over Strong Dollar  
Minutes from Federal Reserve’s last meeting showed policymakers are concerned about recent dollar appreciation and the effects it might have on growth and inflation. FOMC minutes also highlighted divergences among the Committee’s language and the risk of a market misunderstanding.
Friday October 03 2014
US Service Sector Growth Slows in September  
The ISM non-manufacturing index registered 58.6 percent in September, down 1 percentage point from August's reading of 59.6 percent. While business activity decreased, the employment index rose to its highest in nine years.
Friday October 03 2014
US Trade Deficit Shrinks in August  
US trade gap unexpectedly decreased in August to the lowest level in seven months as exports reached a record high.
Friday October 03 2014
US Unemployment Rate Down to 6-Year Low  
US jobless rate decreased to 5.9 percent in September from 6.1 percent in August, the lowest rate since July of 2008. The number of unemployed persons decreased by 329,000 to 9.3 million.
Friday October 03 2014
US Jobs Growth Beats Expectations in September  
Total nonfarm payroll employment in US increased by 248,000 in September, compared with 180,000 in August, which was revised higher from 142,000. The unemployment rate declined to 5.9 percent, slipping below 6 percent for the first time since July, 2008.
Thursday October 02 2014
US Jobless Claims Fall in Latest Week  
In the week ending September 27, the advance figure for seasonally adjusted initial claims was 287,000, a decrease of 8,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Wednesday October 01 2014
US Manufacturing Activity Slows in September  
The Institute for Supply Management manufacturing PMI registered 56.6 percent in September, a decrease of 2.4 percentage points from August’s reading of 59 percent. Figures came below market expectations, hurt by lower new orders and job creation.
Wednesday October 01 2014
US Markit Manufacturing PMI at 57.5  
The final Markit US Manufacturing PMI registered 57.5 in September, down slightly from 57.9 in August. The final reading came slightly below the flash estimate, but manufacturing job creation hit two-and-a-half year high while input cost inflation increased to its highest this year.
Monday September 29 2014
US Consumer Spending Beats Expectations  
US personal spending increased 0.5 percent in August, after being flat in July and personal income rose 0.3 percent. The saving rate decreased by 20 bps to 5.4 percent.
Friday September 26 2014
US Consumer Sentiment Confirmed at 14-Month High  
The Thomson Reuters/University of Michigan's final reading on the overall index of consumer sentiment came in at 84.6 in September, unchanged from the preliminary estimate and up from 82.5 in August. It is the highest figure since July of 2013.
Friday September 26 2014
US GDP Growth Revised Up to 4.6%  
The United States economy advanced an annualized 4.6 percent in the second quarter of 2014, according to the final estimate released by the Bureau of Economic Analysis. It is the highest growth rate in 2-1/2 years, as business investment and exports grew more than expected.
Thursday September 25 2014
US Durable Goods Orders Fall Sharply  
New orders for manufactured durable goods shrank 18.2 percent in August, following a revised 22.5 percent surge in July. Excluding transportation, new orders rose 0.7 percent.
Thursday September 25 2014
US Jobless Claims Rise Below Expectations  
In the week ending September 20, the advance figure for seasonally adjusted initial claims was 293,000, an increase of 12,000 from the previous week's revised level. The 4-week moving average was 298,500, a decrease of 1,250 from the previous week's revised average.
Wednesday September 24 2014
US New Home Sales Surge in August  
Sales of new single-family houses increased 18 percent in August of 2014 to a seasonally adjusted annual rate of 504,000. It is the highest reading since May of 2008.
Tuesday September 23 2014
US Factory Activity Robust in September  
The seasonally adjusted Markit Flash U.S. Manufacturing PMI came in at 57.9 9 in September, unchanged from August’s fifty-two-month high. Manufacturing employment rose at its fastest pace in two-and-a-half-years, boosted by further strong rises in output and new orders.
Thursday September 18 2014
US Housing Starts Fall Sharply in August  
Privately-owned housing starts in August were at a seasonally adjusted annual rate of 956,000, 14.4 percent below the revised July estimate of 1,117,000. It is the biggest drop since April of 2013.
Thursday September 18 2014
US Jobless Claims Down to 8-Week Low  
In the week ending September 13, the advance figure for seasonally adjusted initial claims was 280,000, a decrease of 36,000 from the previous week's revised level. It is the lowest figure since late June.
Wednesday September 17 2014
US Fed Renews Zero Interest Rate Pledge  
The Federal Reserve confirmed its commitment to keep interest rates near zero for a “considerable time” after asset purchases are completed and said the economy is expanding at a moderate pace and inflation is below its goal.
Wednesday September 17 2014
US Inflation Rate Falls to 1.7%  
US annual inflation rate slowed for the second straight month to 1.7 percent in August from 2 percent in July, due to falling energy prices. The monthly rate dropped for the first time in sixteen months by 0.2 percent.
Monday September 15 2014
US Industrial Production Falls 0.1% in August  
US industrial output dropped 0.1 percent in August, following a revised 0.2 percent increase in July. It is the first fall since January driven by lower production of motor vehicles.
Friday September 12 2014
US Consumer Sentiment at 14-Month High  
The Thomson Reuters/University of Michigan's consumer sentiment increased to a preliminary reading of 84.6 in September from 82.5 in August. It is the highest figure since July of 2013, as consumers are more confident about future economic conditions.
Friday September 12 2014
US Retail Sales Up 0.6% in August  
US retail and food services sales rose 0.6 percent to $444.4 billion in August, as consumers bought more automobiles. The July to June 2014 percent change was revised from 0.0 percent to 0.3 percent.
Thursday September 11 2014
US Budget Deficit Shrinks in August  
The US budget gap reached USD 129 billion in August of 2014, down 13 percent from a year earlier and slightly better than market expectations.
Thursday September 11 2014
US Jobless Claims Up to 10-Week High  
In the week ending September 6th, the advance figure for seasonally adjusted initial claims was 315,000, an increase of 11,000 from the previous week's revised level. It is the highest figure since late June.
Friday September 05 2014
US Unemployment Rate Falls in August  
US jobless rate decreased to 6.1 percent in August from 6.2 percent in July. Over the year, the unemployment rate and the number of unemployed persons were down by 1.1 percentage points and 1.7 million, respectively.
Friday September 05 2014
US Payrolls Growth Disappoints in August  
United States economy added only 142,000 jobs in August, compared with an average monthly gain of 212,000 over the prior 12 months. It was the smallest gain this year. Job growth occurred in professional and business services and in health care.
Thursday September 04 2014
US Service Sector Growth Accelerates in August  
The ISM non-manufacturing index registered 59.6 percent in August, 0.9 percentage point higher than the July reading of 58.7 percent. It is the highest reading since 2005.
Thursday September 04 2014
US Trade Deficit Narrows in July  
US trade gap decreased for the third straight month to USD 40.55 billion in July from USD 40.8 billion in June as exports rose 0.9 percent while imports grew at a slower 0.7 percent.
Thursday September 04 2014
US Jobless Claims Little Changed in Latest Week  
In the week ending August 30, the advance figure for seasonally adjusted initial claims was 302,000, an increase of 4,000 from the previous week's unrevised level of 298,000. The 4-week moving average was 302,750, an increase of 3,000 from the previous week's unrevised average of 299,750.
Tuesday September 02 2014
US ISM Manufacturing PMI Rises in August  
The Institute for Supply Management manufacturing PMI registered 59 percent in August, an increase of 1.9 percentage points from July. It is the highest reading since March of 2011, boosted by an increase in production and new orders.
Tuesday September 02 2014
US Factory Activity Up to 4-Year High  
The final seasonally adjusted Markit U.S. Manufacturing PMI came in at 57.9 in August, up from 55.8 in July and almost unchanged from a flash reading of 58. Export sales recorded the fastest increase in three years and payrolls rose at steepest pace since March 2013.
Friday August 29 2014
US Consumer Sentiment Rebounds in August  
The Thomson Reuters/University of Michigan's final reading on the overall index of consumer sentiment came in at 82.5 in August, up from a preliminary 79.2 and 81.8 in July, as consumers were more confident about current economic conditions.
Friday August 29 2014
Consumer Spending in US Decline 0.1% in July  
US personal consumption expenditures dropped by 0.1 percent in July as compared to 0.4 percent increase reported in June. It was the first decline in six months.
Thursday August 28 2014
US Economy Rebounds Stronger Than Expected  
The United States economy advanced an annualized 4.2 percent in the second quarter of 2014, according to the second estimate released by the Bureau of Economic Analysis. The new figure comes better than an advance estimate of 4 percent, as business investment and exports contributed more to the growth.
Thursday August 28 2014
US Jobless Claims Little Changed In Latest Week  
The number of Americans filing for unemployment benefits decreased by 1,000 to 298,000 in the week ending August 23rd. In recent weeks, claims have been near the lowest levels since 2007 as the labor market continues to improve.
Tuesday August 26 2014
US Durable Goods Orders Surge in July  
New orders for manufactured durable goods jumped 22.6 percent in July of 2014 boosted by higher demand for non-defense aircraft. It is the highest growth rate on record and follows a revised 2.7 percent increase in June.
Monday August 25 2014
US New Home Sales Fall in July  
Sales of new single-family houses fell for the second straight month by 2.4 percent to a seasonally adjusted annual rate of 412,000 in July. However, the number of new houses for sale increased 4.1 percent to 205,000, the highest in four years.
Friday August 22 2014
Fed May Rise Rates Sooner Than Expected  
In a speech during the Economic Symposium in Jackson Hole, Fed Chair Janet Yellen brought the possibility of raising interest rates earlier than anticipated if progress in the labor market continued or if inflation moves up more rapidly.
Thursday August 21 2014
US Markit Manufacturing PMI Up to 4-Year High  
The seasonally adjusted Markit Flash U.S. Manufacturing PMI registered 58.0 in August, up sharply from 55.8 in July and the highest reading for over four years. Output and new orders both rose at faster rates and employment growth accelerated to strongest since March of 2013.
Thursday August 21 2014
US Jobless Claims Fall in Latest Week  
In the week ending August 16, the advance figure for seasonally adjusted initial claims was 298,000, a decrease of 14,000 from the previous week's revised level. Continued claims fell to 2,500 thousand, the lowest level in seven years.
Wednesday August 20 2014
Fed Exit Strategy May Occur Sooner Than Anticipated  
US Federal Reserve officials said that tightening of monetary policy may happen sooner than expected and would give warning on any changes well before interest rates rise, according to minutes of its last policy meeting.
Tuesday August 19 2014
US Inflation Rate Down to 2%  
US annual inflation rate slowed to 2 percent in July from 2.1 percent in the previous two months, in line with market expectations and driven by a fall in energy cost.
Tuesday August 19 2014
US Housing Starts Beat Expectations in July  
Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,093 thousand. This is 15.7 percent above the revised June rate of 945 thousand. Building permits rose 8.1 percent.
Friday August 15 2014
US Consumer Sentiment Lowest Since November  
The Thomson Reuters/University of Michigan's consumer sentiment fell to 79.2 in August from 81.8 reported a month earlier. Yet, the barometer of current economic conditions rose to its highest since July of 2007.
Friday August 15 2014
US Industrial Output Rises 0.4% in July  
US industrial production increased 0.4 percent in July, sixth consecutive monthly gain, as production of auto parts and motor vehicles surged 10.1 percent.
Thursday August 14 2014
US Jobless Claims Rise to Six Week High  
In the week ending August 9, applications for unemployment benefits in the US rose by 311,000, an increase of 21,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 289,000 to 290,000.
Wednesday August 13 2014
US Retail Sales Disappoints in July  
U.S. retail sales were flat in July, after increasing 0.2 percent in June as sales at auto dealers continued to fall and receipts in furniture and electronics and appliances stores weakened.
Tuesday August 12 2014
US Budget Deficit Narrows in July  
US budget gap reached USD95 billion at the end of July, down 3 percent from the same period last year as tax revenue grew at a faster pace than government spending.
Thursday August 07 2014
US Jobless Claims Edge Down to 289K in Latest Week  
In the week ending August 2, 289,000 Americans filed applications for unemployment benefits, a decrease of 14,000 from the previous week's revised level. The 4-week moving average was 293,500, the lowest level since February 25, 2006 when it was 290,750.
Wednesday August 06 2014
US Trade Deficit Narrows in June  
US trade gap shrank to five-month low in June as imports dropped the most in a year and exports increased slightly.
Tuesday August 05 2014
US Service Sector Growth Hits 8-1/2 Year High in July  
ISM non-manufacturing index rose to 58.7 in July from 56 in June, the highest since December 2005. The number was boosted by growth in business activity, new orders and employment.
Friday August 01 2014
US Consumer Sentiment Drops in July  
The Thomson Reuters/University of Michigan's consumer sentiment edged down in July to 81.8, below the 82.0 flash estimate and down from the June reading of 82.5.
Friday August 01 2014
US Factory Activity Expands At Fastest Pace in 3 Years  
US manufacturing sector expanded at the fastest pace in 39 months in July boosted by an increase in new orders and employment readings, The Institute for Supply Management data showed.
Friday August 01 2014
US Markit Manufacturing PMI Revised Down in July  
U.S. Manufacturing Purchasing Managers Index slipped to 55.8 in July, down from the 57.3 June reading that was the highest since May 2010. The preliminary read for the index was 56.3.
Friday August 01 2014
US Consumer Spending Picks Up in June  
U.S. consumer expenditure increased 0.4 percent after rising by an upwardly revised 0.3 percent in May, supported by rise in income.
Friday August 01 2014
US Payrolls Rise Less Than Expected in July  
United States added 209,000 jobs in July, the same as its average monthly gain over the prior 12 months. Employment grew in professional and business services, manufacturing, retail trade, and construction.
Friday August 01 2014
US Unemployment Rate Rises to 6.2% in July  
US jobless rate increased to 6.2 percent from 6.1 percent in June as more people entered the labor force. Wages and hours were unchanged from the previous month.
Thursday July 31 2014
US Jobless Claims Rise to 302K in Latest Week  
In the week ending July 26, the advance figure for seasonally adjusted initial claims was 302,000, an increase of 23,000 from the previous week's revised level. The 4-week moving average fell to an 8-Year Low.
Wednesday July 30 2014
US Fed Cuts Bond Buying Program to $25 Billion  
During the meeting held on July 30th, US Federal Open Market Committee reduced monthly asset purchases by another $10 Billion and said slack in the labor market persists even as the economy is improving.
Wednesday July 30 2014
US Economy Rebounds in Q2  
The United States GDP advanced 4 percent in the second quarter of 2014, rebounding from a revised 2.1 percent contraction in the previous period. Upturns in private inventory investment and exports and an acceleration in personal consumption and investment contributed to better than expected results.
Friday July 25 2014
US Durable Goods Rebound in June  
New orders for manufactured durable goods increased 0.7 percent in June of 2014 after a revised 1 percent fall in May, driven by higher demand for machinery, transport, non-defense aircraft and parts and capital goods.
Thursday July 24 2014
US New Home Sales Fall Sharply in June  
Sales of new single-family houses in June 2014 were at a seasonally adjusted annual rate of 406,000, down 8.1 percent from the previous month, the largest decline in a year. May's sales were revised downwards to 442,000 units from an initially reported 504,000 units.
Thursday July 24 2014
US Markit Manufacturing PMI Falls in July  
The seasonally adjusted Markit Flash U.S. Manufacturing PMI came in at 56.3 in July, down from 57.3 in June, marking the slowest improvement for three months. Job creation was the weakest since September of 2013.
Thursday July 24 2014
US Jobless Claims Down to Nearly 8-1/2 Year Low  
In the week ending July 19, the advance figure for seasonally adjusted initial claims was 284,000, a decrease of 19,000 from the previous week's revised level. This is the lowest level for initial claims since February 18, 2006 when they were 283,000.
Tuesday July 22 2014
US Inflation Rate Steady at 2.1%  
US consumer prices rose 2.1 percent year-on-year in June, the same rate recorded in May. On a monthly basis, prices increased 0.3 percent, following a 0.4 percent rise in the previous month, driven by higher gasoline cost.
Friday July 18 2014
US Consumer Sentiment Falls in July  
The Thomson Reuters/University of Michigan's preliminary July reading on the overall index of consumer sentiment came in at 81.3, down from a final 82.5 in June. Consumer expectations fell for the third straight month.
Thursday July 17 2014
US Housing Starts Fall for Second Straight Month  
Privately-owned housing starts in June were at a seasonally adjusted annual rate of 893 thousand, 9.3 percent below the revised May estimate of 985,000. Building permits fell 4.2 percent.
Thursday July 17 2014
US Jobless Claims Edge Down to 9-Week Low  
In the week ending July 12, the advance figure for seasonally adjusted initial claims was 302,000, a decrease of 3,000 from the previous week's revised level. The 4-week moving average fell to a 7-Year Low.
Wednesday July 16 2014
US Industrial Production Slows in June  
Industrial production increased 0.2 percent in June, following a revised 0.5 percent increase in May, as utilities output marked its fifth consecutive month of declines.
Tuesday July 15 2014
Yellen Warns on Uncertain Economic Outlook  
During semi-annual monetary policy report to Congress, Fed Chairman Yellen signaled that interest rates can rise earlier or later than anticipated as considerable uncertainty surrounds projections for growth, unemployment and inflation.
Tuesday July 15 2014
US Retail Sales Disappoint in June  
Advance estimates of U.S. retail and food services sales for June were $439.9 billion, an increase of 0.2 percent from the previous month. Figures came below market expectations, due to a fall in auto sales.
Friday July 11 2014
US Budget Surplus Narrows in June  
The US budget surplus fell 39 percent year-on-year to USD 71 billion in June of 2014. A year earlier, the country’s surplus amounted to USD 117 billion.
Thursday July 10 2014
US Jobless Claims Down to 6-Week Low  
In the week ending July 5, the advance figure for seasonally adjusted initial claims was 304,000, a decrease of 11,000 from the previous week's unrevised level of 315,000. There were no special factors impacting this week's initial claims.
Wednesday July 09 2014
Fed Likely to End Stimulus in October  
Minutes from its June meeting showed the Federal Reserve plans to end its bond-buying program in October, if the economy progresses as the central bank expects.
Thursday July 03 2014
US Service Sector Slows in June  
The ISM Non-Manufacturing PMI registered 56 percent in June, 0.3 percentage point lower than the May reading of 56.3 percent, as general activity decelerated.
Thursday July 03 2014
US Jobless Claims Rise Slightly in Latest Week  
In the week ending June 28, the advance figure for seasonally adjusted initial claims was 315,000, an increase of 2,000 from the previous week's revised level.
Thursday July 03 2014
US Unemployment Rate Falls to 6.1%  
US jobless rate declined by 0.2 percentage point to 6.1 percent in June. The number of unemployed persons decreased by 325,000 to 9.5 million. Over the year, the unemployment rate and the number of unemployed persons have declined by 1.4 percentage points and 2.3 million, respectively.
Thursday July 03 2014
US Trade Deficit Narrows in May  
US trade gap declined more than forecast in May as exports reached a record and imports decreased.
Thursday July 03 2014
US Non-Farm Payrolls Beat Expectations in June  
United States added 288,000 jobs in June, up from 224,000 in the previous month. Over the past 3 months, job growth has averaged 272,000 per month. Employment growth was widespread, led by gains in professional and business services, retail trade, food services and drinking places, and health care.
Tuesday July 01 2014
US Manufacturing Slows Slightly in June  
The Institute for Supply Management index of national factory activity was 55.3 in June, almost unchanged from May's 55.4 reading. While new orders subindex reported strong growth, the employment gauge was unchanged and the production measure fell slightly.
Tuesday July 01 2014
Markit Manufacturing PMI Strongest in 4-years  
Final U.S. Manufacturing Purchasing Managers Index rose to 57.3 in June, slightly down from a flash release of 57.5 but still the highest reading since May 2010.
Friday June 27 2014
US Consumer Sentiment Beats Expectations  
The Thomson Reuters/University of Michigan's final June reading on the overall index of consumer sentiment came in at 82.5, up from a preliminary 81.2 and above market forecasts. Consumers were more confident that first quarter GDP contraction was due to bad weather conditions.
Thursday June 26 2014
US Personal Spending Disappoints in May  
Personal consumption expenditure rose 0.2 percent in May of 2014, after being flat in April and below market expectations. In contrast, personal income gained 0.4 percent.
Thursday June 26 2014
US Jobless Claims Slightly Down to 312K  
In the week ending June 21, the advance figure for seasonally adjusted initial claims was 312,000, a slight decrease of 2,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Wednesday June 25 2014
US Durable Goods Fall Unexpectedly in May  
New orders for manufactured durable goods fell 1.0 percent in May of 2014 after a revised 0.8 percent rise in April, driven by a slump in demand for transportation, machinery, computers and electronic products.
Wednesday June 25 2014
US GDP Contracts More Than Expected  
The United States GDP shrank at an annual rate of 2.9 percent in the first quarter of 2014, according to the third and final estimate from the Commerce Department. The figure comes much worse than a 1 percent contraction previously announced, as the increase in personal consumption was smaller than estimated, and the decline in exports was larger than anticipated.
Tuesday June 24 2014
US New Home Sales Up to 6-Year High  
Sales of new single-family houses were at a seasonally adjusted annual rate of 504,000 in May, 18.6 percent above the revised April rate of 425,000. It is the highest level since May of 2008 and the biggest rise since January of 1992.
Monday June 23 2014
US Manufacturing Activity at 4-Year High  
The Markit Flash U.S. Manufacturing PMI came in at 57.5 in June, up from 56.4 in May. It is the strongest upturn in overall business conditions since May of 2010, driven by fastest output and new orders growth.
Thursday June 19 2014
US Jobless Claims Fall to 312K  
In the week ending June 14, the advance figure for seasonally adjusted initial claims was 312,000, a decrease of 6,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Wednesday June 18 2014
US Fed Cuts Bond Buying Program Further  
At its June 18th meeting, The US Federal Reserve pared monthly asset buying to $35 billion, its fifth straight $10 billion cut. The central bank also cut its 2014 GDP growth forecasts from around 2.9 percent to between 2.1 to 2.3 percent.
Tuesday June 17 2014
US Annual Inflation Up to 1-1/2 Year High  
In May, consumer prices in US increased 2.1 percent over the last 12 months. This compares to a 2.0 percent increase for the 12 months ending April and is the largest 12-month increase since October 2012.
Tuesday June 17 2014
US Housing Starts Fall in May  
Privately-owned housing starts in May were at a seasonally adjusted annual rate of 1,001,000. This is 6.5 percent below the revised April estimate of 1,071,000, but is 9.4 percent above the May 2013 rate of 915,000.
Monday June 16 2014
US Industrial Production Rises in May  
Industrial production increased 0.6 percent in May after having declined a revised 0.3 percent in April, driven by a rise in manufacturing and mining output.
Friday June 13 2014
US Consumer Sentiment Falls in June  
The Thomson Reuters/University of Michigan's preliminary reading on the overall index of consumer sentiment declined to 81.2 in June from 81.9 reported in May as confidence among consumers with the lowest incomes went down.
Thursday June 12 2014
US Retail Sales Rise Less Than Expected  
US retail sales rose 0.3 percent in May of 2014, down from a revised 0.5 percent increase in the previous month. The figure comes below expectations as consumers bought mainly automobiles.
Thursday June 12 2014
US Jobless Claims Rise Slightly in Latest Week  
Initial claims for state unemployment benefits climbed 4,000 to a seasonally adjusted 317,000 for the week ended June 7. The 4-week moving average was 315,250, an increase of 4,750 from the previous week's revised average.
Wednesday June 11 2014
US Budget Deficit Shrinks in May  
U.S. budget deficit declined 6.5 percent from a year earlier to $130 billion in May as a stronger economy bolstered revenue. Year-to-date deficit reached $436 billion, compared with $626 billion in the same period last year.
Friday June 06 2014
US Unemployment Rate Stable in May  
US jobless rate held at 6.3 percent in May, following a decline of 0.4 percentage point in April. The number of unemployed persons was unchanged at 9.8 million.
Friday June 06 2014
US Payrolls Rise in Line With Expectations in May  
United States added 217,000 jobs in May following a 282,000 increase in April. The biggest gains were reported in professional and business services, health care and social assistance and food services and drinking places.
Thursday June 05 2014
US Job market Continues to Strengthen  
The number of Americans filing new claims for unemployment benefits increased last week, but four-week moving average for new claims declined to the lowest level since June 2007.
Wednesday June 04 2014
US Service Sector Rises Further in May  
The Institute for Supply Management index of non-manufacturing activity increased for the third straight month to 56.3 in May from 55.2 in April, as new orders and business activity surged.
Wednesday June 04 2014
US Trade Deficit Widens to 2-Year High  
US trade gap increased to USD 47.2 billion in April of 2014 from a revised USD 44.2 billion in March, as imports recorded the highest value on record. Purchases of automobiles, capital goods, food and consumer goods all hit record highs in April.
Monday June 02 2014
US Manufacturing Accelerates in May  
The Institute for Supply Management national factory activity index has increased to 55.4 in May from 54.9 in April. The ISM had earlier mistakenly reported the index fell to 53.2 in May. While new orders, production and customer inventories reported strong gains, factory job growth slowed.
Monday June 02 2014
US Markit Manufacturing PMI Rises More Than Expected  
The final Markit US Manufacturing PMI picked up to 56.4 in May, from 55.4 in April and a flash reading of 56.2. Output growth reached its highest since February of 2011 and new export orders increase at fastest pace since July of 2013.
Friday May 30 2014
US Consumer Sentiment Drops in May  
The Thomson Reuters/University of Michigan's final May reading on the overall index of consumer sentiment came in at 81.9, almost unchanged from a preliminary 81.8, but down from 84.1 in April, hurt by lower wage expectations.
Friday May 30 2014
US Personal Spending Falls in April  
Personal consumption expenditure dropped for the first time in a year by 0.1 percent in April, following a revised 1 percent increase in the previous month, due to lower purchases of motor vehicles. However, the personal consumption price index increased 0.2 percent.
Friday May 30 2014
US Economy Contracts 1% in Q1  
United States GDP shrank at an annual rate of 1.0 percent in the first quarter of 2014, according to the second estimate released by the Commerce Department. It is the worst performance in three years and comes lower than a preliminary estimated 0.1 percent expansion, due to a sharper fall in private inventory investment and a bigger trade deficit.
Thursday May 29 2014
US Jobless Claims Fall in Latest Week  
In the week ending May 24, the advance figure for seasonally adjusted initial claims was 300,000, a decrease of 27,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 326,000 to 327,000. There were no special factors impacting this week's initial claims.
Tuesday May 27 2014
US Durable Goods Orders Beat Expectations  
New orders for manufactured durable goods increased 0.8 percent in April of 2014 after a revised 3.6 percent rise in March, driven by a surge in orders for defense capital goods.
Friday May 23 2014
US New Home Sales Surge in April  
Sales of new single-family houses rose 6.4 percent in April of 2014 following two straight months of declines. Sales increased to a seasonally adjusted annual rate of 433,000, up from a revised 407,000 in March.
Thursday May 22 2014
US Markit Manufacturing PMI Up to 3-Month High  
The US Markit Manufacturing PMI improved to a flash reading of 56.2 in May, from April’s 55.4, due to strong rises in production and output complemented by further payroll growth.
Thursday May 22 2014
US Jobless Claims Rise in Latest Week  
In the week ending May 17, the advance figure for seasonally adjusted initial claims was 326,000, an increase of 28,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Friday May 16 2014
US Consumer Sentiment Falls in May  
The Thomson Reuters/University of Michigan's preliminary May reading on the overall index of consumer sentiment came in at 81.8, down from 84.1 in April, hurt by lower wage expectations.
Friday May 16 2014
US Housing Starts Surge in April  
Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,072,000. This is 13.2 percent above the revised March estimate of 947,000 and is 26.4 percent above the April 2013 rate of 848,000.
Thursday May 15 2014
US Industrial Production Falls in April  
US industrial output decreased 0.6 percent in April 2014 after rising around 1 percent in both February and March. It is the biggest fall since August of 2012 caused by decline in both manufacturing and utilities output.
Thursday May 15 2014
US Jobless Claims Down to 7-Year Low  
In the week ending May 10, the advance figure for seasonally adjusted initial claims was 297,000, a decrease of 24,000 from the previous week's revised level. This is the lowest level for initial claims since May 12, 2007 when they were 297,000. There were no special factors impacting this week's initial claims.
Thursday May 15 2014
US Annual Inflation Rate Surges to 2% in April  
Over the last 12 months, consumer prices in US increased 2.0 percent, this compares to a 1.5 percent rise in March, and is the largest increase since July of 2013.
Tuesday May 13 2014
US Retail Sales Disappoint in April  
US retail sales rose 0.1 percent in April of 2014, down from a revised 1.5 percent increase in the previous month, due to lower receipts in the furniture, electronic and appliance stores, restaurants, bars and online retailers.
Thursday May 08 2014
US Jobless Claims Fall in Latest Week  
In the week ending May 3, the advance figure for seasonally adjusted initial claims was 319,000, a decrease of 26,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Wednesday May 07 2014
Yellen Raises Concerns over Housing Market  
Federal Reserve Chairman Janet Yellen gave her assessment of the US economic outlook in a testimony before Congress, saying the economy was still in need of lots of support from the central bank. Yellen cited the slowdown in the housing market, geopolitical tensions and a return of financial stress in emerging markets as risks to growth.
Tuesday May 06 2014
US Trade Deficit Narrows in March  
U.S. trade gap fell 3.6 percent to $40.4 billion in March from $41.9 billion in February as exports rebounded to the second highest level on record supported by increase in shipments of gas, oil, commercial aircraft, cars and farm goods.
Monday May 05 2014
US Service Sector Up to 8-Month High  
The Institute for Supply Management index of non-manufacturing activity rose to 55.2 in April, up from 53.1 in March, as new orders surged and overall activity rose the most since early 2008.
Friday May 02 2014
US Unemployment Rate Down to 5-1/2 Year Low  
In April of 2014, the jobless rate fell from 6.7 percent to 6.3 percent, the lowest rate since September of 2008, as both unemployed reentering the labor market and new entrants into the labor force fell.
Friday May 02 2014
US Payrolls Rise More Than Expected in April  
Total nonfarm payroll employment increased by 288K in April. Employment growth was widespread, led by gains in professional and business services, retail trade, food services and drinking places, and construction.
Thursday May 01 2014
US ISM Manufacturing PMI Up to 4-Month High  
The Institute for Supply Management national factory activity index accelerated to 54.9 percent in April, an increase of 1.2 percentage points from March's reading of 53.7 percent, as employment grew for the tenth consecutive month.
Thursday May 01 2014
Markit Manufacturing PMI Slows Slightly in April  
US Manufacturing Purchasing Managers Index was 55.4 in April, down slightly from 55.5 in March, according to the final release from Markit.
Thursday May 01 2014
US Consumer Spending Surges in March  
US consumer spending increased $107.2 billion or 0.9 percent in March, the biggest jump in almost 5 years, after a 0.5 percent gain in February.
Thursday May 01 2014
US Jobless Claims at Nine-Week High  
In the week ending April 26, the advance figure for seasonally adjusted initial claims was 344,000, an increase of 14,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Wednesday April 30 2014
Fed Trims Bond Buying Further  
At its April 30th meeting, US Federal Reserve pared monthly asset buying to $45 billion, its fourth straight $10 billion cut and said the economy is gaining momentum as consumers spend more.
Wednesday April 30 2014
US Economy Stalls in Q1  
United States GDP increased at an annual rate of 0.1 percent in the first quarter as exports dropped and inventories climbed at a slower pace.
Friday April 25 2014
U.S. Consumer Sentiment At 9 Month High in April  
The Thomson Reuters/University of Michigan's final April reading on the overall index of consumer sentiment came in at 84.1, up from 80.0 the month before and above preliminary reading of 82.6.
Monday May 26 2014
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods increased 2.6 percent to $234.8 billion in March following a 2.1 percent growth in February.
Thursday April 24 2014
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Wednesday April 23 2014
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
Wednesday April 23 2014
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Thursday April 17 2014
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Wednesday April 16 2014
US Industrial Production Slows in March  
Industrial production increased 0.7 percent in March after having advanced 1.2 percent in February. Yet, manufacturing output rose for the second straight month.
Wednesday April 16 2014
US Housing Starts Rise Below Forecasts  
Privately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent above the revised February estimate of 920,000, but down 5.9 percent year-on-year.
Tuesday April 15 2014
US Inflation Rate Up to 1.5% in March  
US annual consumer prices accelerated to 1.5 percent in March, boosted by higher shelter and food cost. On a monthly basis, the inflation rate edged up to 0.2 percent, following a 0.1 percent increase in February.
Monday April 14 2014
US Retail Sales Beat Expectations in March  
Retail sales increased 1.1 percent over the previous month in March of 2014, up from a revised 0.7 percent rise in February. It is the biggest growth rate in 1-1/2 years.
Friday April 11 2014
US Consumer Sentiment Up to 9-Month High  
The Thomson Reuters/University of Michigan's consumer sentiment index increased to a preliminary reading of 82.6 in April of 2014, up from March’s final 80.0. It is the highest level since July of 2013, as current conditions and expectations surged.
Thursday April 10 2014
US Jobless Claims Down to Nearly 7-Year Low  
In the week ending April 5, the advance figure for seasonally adjusted initial claims was 300,000, a decrease of 32,000 from the previous week's revised level. The last time initial claims were this low was May 12, 2007 when they were 297,000. There were no special factors impacting this week's initial claims.
Friday April 04 2014
US Unemployment Rate Steady at 6.7%  
In March of 2014, the number of unemployed persons was essentially unchanged at 10.5 million, and the unemployment rate held at 6.7 percent. Over the year, the number of unemployed persons and the jobless rate were down by 1.2 million and 0.8 percentage point, respectively.
Friday April 04 2014
US Non-Farm Payrolls Rise 192K in March  
In March, total nonfarm payroll employment rose by 192,000, down from 197,00 in the previous month. Job growth averaged 183,000 per month over the prior 12 months. In March, employment grew in professional and business services, in health care, and in mining and logging.
Thursday April 03 2014
US Service Sector Accelerates in March  
The Institute for Supply Management index of non-manufacturing activity rose to 53.1 in March, up from February’s reading of 51.6, as employment increased.
Thursday April 03 2014
US Trade Deficit Widens 7.7% in February  
Total February exports of $190.4 billion and imports of $232.7 billion resulted in a goods and services deficit of $42.3 billion, up from a revised $39.3 billion in January. Exports decreased 1.1 percent over the previous month to their lowest level since September of 2013.
Thursday April 03 2014
US Jobless Claims Rise by 16K in Latest Week  
In the week ending March 29, the advance figure for seasonally adjusted initial claims was 326,000, an increase of 16,000 from the previous week's revised figure of 310,000. The 4-week moving average was 319,500, an increase of 250 from the previous week's revised average of 319,250.
Tuesday April 01 2014
US ISM Manufacturing PMI Accelerates for a Second Consecutive Month  
In March of 2014, the ISM PMI registered 53.7 percent, an increase of 0.5 percentage point from February's reading of 53.2 percent, indicating expansion in manufacturing for the 10th consecutive month, due to a rebound in the production subindex and a rise in new orders.
Tuesday April 01 2014
US Markit Manufacturing PMI Slows in March  
The final Markit U.S. Manufacturing PMI registered 55.5 in March of 2014, unchanged from the earlier ‘flash’ reading, but down from 57.1 in the previous month. The main factor behind the drop was the suppliers’ delivery times component, and to a lesser extent the moderation in new order growth from February’s recent high.
Friday March 28 2014
US Consumer Sentiment Down to 4-Month Low  
The Thomson Reuters/University of Michigan's consumer sentiment index came in at a final reading of 80.0 in March, marginally up from a preliminary 79.9, and down from 81.6 in February. It is the lowest rate since November of 2013, hurt by lower future expectations.
Friday March 28 2014
US Personal Spending Rises in February  
U.S. consumer spending rose $30.8 billion, or 0.3 percent in February of 2014, after increasing by a revised 0.2 percent in January, due to higher demand for services, mainly health care and utilities.
Thursday March 27 2014
US Jobless Claims Down to 4-Month Low  
In the week ending March 22, the advance figure for seasonally adjusted initial claims was 311,000, a decrease of 10,000 from the previous week's revised figure of 321,000. The 4-week moving average was 317,750, a decrease of 9,500 from the previous week's revised average of 327,250.
Thursday March 27 2014
US GDP Growth Revised Up to 2.6% in Q4  
U.S. economy grew more rapidly in the fourth quarter than previously estimated, according to the "third" estimate released by the Bureau of Economic Analysis. While personal consumption expenditures climbed by the most in three years, private investment in inventories and in intellectual property products were revised down.
Wednesday March 26 2014
US Durable Goods Orders Rise More Than Expected on Aircrafts  
In February of 2014, orders for long-lasting manufactured goods surged 2.2 percent over the previous month after contracting in the previous two months, boosted by aircraft orders.
Tuesday March 25 2014
US New Home Sales Fall More Than Expected  
Sales of new single-family houses in February of 2014 were at a seasonally adjusted annual rate of 440 thousand. This is 3.3 percent below the revised January rate of 455,000 and is 1.1 percent below the February 2013 estimate of 445,000.
Monday March 24 2014
US Manufacturing Activity Slows in March  
The Markit Flash U.S. Manufacturing PMI was recorded at 55.5 in March of 2014, down from 57.1 in February, but still the second highest since January of 2013. The new orders component fell to 58.0 from 59.6 in the previous month, output edged down to 57.5 from 57.8 while firms hired workers for a ninth consecutive month.
Thursday March 20 2014
US Jobless Claims Rise in Latest Week  
In the week ending March 15, the advance figure for seasonally adjusted initial claims was 320,000, an increase of 5,000 from the previous week's unrevised figure of 315,000. The 4-week moving average was 327,000, a decrease of 3,500 from the previous week's unrevised average of 330,500.
Wednesday March 19 2014
FED Cuts Bond Buying Program and Changes Forward Guidance  
At its March 19th meeting, the U.S. Federal Reserve decided to drop the 6.5 percent unemployment threshold and pledged it would rely on a wide range of measures in deciding when to raise interest rates. The Fed also announced a further $10 billion cut in its monthly bond purchases.
Tuesday March 18 2014
U.S. Housing Starts Fall 0.2% in February  
U.S. Housing starts were little changed in February after declining less than previously estimated a month earlier pointing to the stabilization in the home-building industry after winter weather disruptions.
Tuesday March 18 2014
US Inflation Rate Slows to 4-Month Low  
US consumer inflation slowed to an annual 1.1 percent in February of 2014 from 1.6 percent in the previous month. On a monthly basis, prices rose 0.1 percent, unchanged from January's rate, as a drop in gasoline prices offset an increase in the cost of food.
Monday March 17 2014
US Industrial Production Up to 3-Month High  
Industrial production increased 0.6 percent in February of 2014 after having declined 0.2 percent in January. Manufacturing output rose 0.8 percent and nearly reversed its decline of 0.9 percent in January, which resulted, in part, from extreme weather. The gain in factory production in February was the largest since last August.
Friday March 14 2014
US Consumer Sentiment Falls in March  
The Thomson Reuters/University of Michigan's consumer sentiment index dipped slightly to a preliminary reading of 79.9 in March, from 81.6 in February, hurt by lower future expectations.
Thursday March 13 2014
U.S. Retail Sales Rebound in February  
U.S. retail and food services sales grew 0.3 percent in February, led by a surge in purchases of sporting and entertainment goods. It was the first increase in three months.
Thursday March 13 2014
US Jobless Claims Fall in Latest Week  
In the week ending March 8, the advance figure for seasonally adjusted initial claims was 315,000, a decrease of 9,000 from the previous week's revised figure of 324,000. The 4-week moving average was 330,500, a decrease of 6,250 from the previous week's revised average of 336,750.
Friday March 07 2014
US Trade Deficit Widens Slightly In January  
Total January exports of $192.5 billion and imports of $231.6 billion resulted in a goods and services deficit of $39.1 billion, up from $39.0 billion in December, revised. January exports were $1.2 billion more than December exports of $191.3 billion. January imports were $1.3 billion more than December imports of $230.3 billion.
Friday March 07 2014
US Unemployment Rate Rises Slightly in February  
US jobless rate increased to 6.7 percent in February of 2014 from 6.6 percent in the previous month. Over the year, the number of unemployed persons and the unemployment rate were down by 1.6 million and 1.0 percentage point, respectively.
Friday March 07 2014
U.S. Payrolls Rise Above Expectations in February  
Total nonfarm payroll employment rose by 175,000 in February. Job growth averaged 189,000 per month over the prior 12 months. In February, job gains occurred in professional and business services and in wholesale trade, while information lost jobs.
Thursday March 06 2014
US Jobless Claims Down to 3-Month Low  
In the week ending March 1, the advance figure for seasonally adjusted initial claims was 323,000, a decrease of 26,000 from the previous week's revised figure of 349,000. The 4-week moving average was 336,500, a decrease of 2,000 from the previous week's revised average of 338,500.
Wednesday March 05 2014
US Services Sector Slows to 2-Year Low  
The Institute for Supply Management index of non-manufacturing activity fell to 51.6 in February, 2.4 percentage points lower than January's reading of 54 percent. Employment and prices decreased while new orders slightly improved.
Monday March 03 2014
US Manufacturing Sector Accelerates in February  
The Institute for Supply Management index of national factory activity rose to 53.2 in February after slumping to 51.3 in January, which was the weakest reading since May. New orders, supplier deliveries, inventories and order backlogs bounced back while production fell.
Monday March 03 2014
US Markit Manufacturing PMI Rises More Than Expected  
In February of 2014, the final seasonally adjusted U.S. Manufacturing Purchasing Managers’ Index stood at 57.1, it was the strongest improvement in business conditions for 45 months. The earlier ‘flash’ reading for February was 56.7.
Monday March 03 2014
US Personal Spending Rises in January  
Personal consumption expenditures increased $48.1 billion, or 0.4 percent in the first month of 2014, after advancing by a revised 0.1 percent in December.
Friday February 28 2014
US Consumer Sentiment Improves in February  
The Thomson Reuters/University of Michigan's consumer sentiment index rose to 81.6 in February, up from a preliminary reading of 81.2.
Friday February 28 2014
US GDP Growth Revised Down to 2.4% in Q4  
Real gross domestic product in the United States increased at an annual rate of 2.4 percent in the fourth quarter of 2013 compared with the 3.2 percent gain issued last month as consumer spending and exports grew less than initially thought.
Thursday February 27 2014
U.S. Durable Goods Orders Decline 1% in January  
Orders for U.S. durable goods fell 1.0% in January as demand fell in almost every major category except military hardware.
Thursday February 27 2014
US Jobless Claims Surprisingly Up in Latest Week  
In the week ending February 22, the advance figure for seasonally adjusted initial claims was 348,000, an increase of 14,000 from the previous week's revised figure of 334,000. The 4-week moving average was 338,250, unchanged from the previous week's revised average.
Wednesday February 26 2014
US New Home Sales Jump to 5-1/2-Year High  
Sales of new single-family houses in January 2014 were at a seasonally adjusted annual rate of 468 thousand. This is 9.6 percent above the revised December rate of 427 thousand.
Thursday February 20 2014
US Factory Activity Accelerates in February  
U.S. Manufacturing Purchasing Managers Index rose to 56.7 in February, its highest since May 2010, compared to 53.7 in the final reading for January according to the flash report released by Markit.
Thursday February 20 2014
US Annual Inflation Rate Up 1.6% in January  
Over the last 12 months, the all items consumer price index rose by 1.6 percent before seasonal adjustment, the most since July. Increases in the cost of household energy, medical care and shelter accounted for most of the growth.
Thursday February 20 2014
US Jobless Claims Fall to 336K  
In the week ending February 15, the advance figure for seasonally adjusted initial claims was 336,000, a decrease of 3,000 from the previous week's unrevised figure of 339,000. The 4-week moving average was 338,500, an increase of 1,750 from the previous week's unrevised average of 336,750.
Wednesday February 19 2014
US Housing Starts Tumble in January  
Privately-owned housing starts in January were at a seasonally adjusted annual rate of 880,000. This is 16.0 percent below the revised December estimate of 1,048,000 and is 2.0 percent below the January 2013 rate of 898,000.
Friday February 14 2014
US Consumer Sentiment Resilient in February  
The Thomson Reuters/University of Michigan's consumer sentiment index remained steady in February. The preliminary reading stood at 81.2, the same as January’s final reading.
Friday February 14 2014
US Industrial Production Falls 0.3% in January  
US industrial production decreased 0.3 percent in the first month of 2014, after having risen 0.3 percent in December, as manufacturing was hurt by severe weather conditions.
Thursday February 13 2014
U.S. Retail Sales Down 0.4% In January  
U.S. retail and food services sales for January fell 0.4 percent, led by a drop in automobile sales. It was the biggest decline in 10 months.
Thursday February 13 2014
US Jobless Claims Rise to 339K in Latest Week  
In the week ending February 8, the advance figure for seasonally adjusted initial claims was 339,000, an increase of 8,000 from the previous week's unrevised figure of 331,000. The 4-week moving average was 336,750, an increase of 3,500 from the previous week's revised average of 333,250.
Tuesday February 11 2014
Yellen Confirms Fed to Keep Trimming Stimulus  
Federal Reserve Chairman Janet Yellen pledged to maintain her predecessor’s policies by scaling back stimulus in “measured steps” and pledged that only a domestic slowdown will influence US monetary policy.
Friday February 07 2014
US Unemployment Rate Down to 6.6% in January  
US unemployment rate hit a new five-year low of 6.6 percent in January of 2014. Since October, the jobless rate has decreased by 0.6 percentage point.
Friday February 07 2014
U.S. Payrolls Rise Less Than Forecast  
Total nonfarm payroll employment increased only by 113,000 in January. Job gains occurred in construction, manufacturing, wholesale trade, and mining while retailers and government agencies cut payrolls.
Thursday February 06 2014
US Trade Deficit Widens In December  
December exports of $191.3 billion and imports of $230.0 billion resulted in a goods and services deficit of $38.7 billion, up from $34.6 billion in November, revised. December exports were $3.5 billion less than November exports of $194.8 billion. December imports were $0.6 billion more than November imports of $229.4 billion.
Thursday February 06 2014
US Jobless Claims Fall in Latest Week  
In the week ending February 1, the advance figure for seasonally adjusted initial claims was 331,000, a decrease of 20,000 from the previous week's revised figure of 351,000. The 4-week moving average was 334,000, an increase of 250 from the previous week's revised average of 333,750.
Monday February 03 2014
US Manufacturing Sector Slows for Second Straight Month  
In January of 2014, the US ISM Manufacturing PMI registered 51.3 percent, a decrease of 5.2 percentage points from December's seasonally adjusted reading of 56.5 percent, due to a sharp fall in new orders.
Friday January 31 2014
US Consumer Sentiment Falters in January  
The Thomson Reuters/University of Michigan's consumer sentiment index fell in January to a final reading of 81.2, from 82.5 in December, but went up from a preliminary reading of 80.4. The sentiment index was hurt by lower expectations among lower and middle-income households.
Friday January 31 2014
US Personal Spending Beats Expectations in December  
In December of 2013, US consumer spending rose 0.4 percent over the previous month, above market expectations, but down from a revised 0.6 percent growth in the previous month.
Thursday January 30 2014
U.S. Economy Expands 3.2% in Q4  
Real GDP in the United States grew at an annualised 3.2 percent pace in the fourth quarter of 2013, as consumer spending grew the most in three years. The "advance" estimate released by the Bureau of Economic Analysis matched the expectations.
Thursday January 30 2014
US Jobless Claims Up to 6-Week High  
In the week ending January 25, the advance figure for seasonally adjusted initial claims was 348,000, an increase of 19,000 from the previous week's revised figure of 329,000. The 4-week moving average was 333,000, an increase of 750 from the previous week's revised average of 332,250.
Wednesday January 29 2014
Fed Cuts QE to $65 Billion  
The U.S. Federal Reserve on January 29th announced a further $10 billion reduction in its monthly bond purchases sticking to its plan for a gradual withdrawal of unprecedented easing policy.
Tuesday January 28 2014
US Durable Goods Orders Fall in December  
In December of 2013, US durable goods orders, a proxy for business investment, dropped 4.3 percent over the previous month. It is the worst rate in the last five months.
Monday January 27 2014
US New Home Sales Fall for the Second Straight Month  
Sales of new single-family houses in December 2013 were at a seasonally adjusted annual rate of 414,000. This is 7.0 percent below the revised November rate of 445,000, but is 4.5 percent above the December 2012 estimate of 396,000.
Thursday January 23 2014
US Jobless Claims Rise Modestly in Latest Week  
In the week ending January 18, the advance figure for seasonally adjusted initial claims was 326,000, an increase of 1,000 from the previous week's revised figure of 325,000. The 4-week moving average was 331,500, a decrease of 3,750 from the previous week's revised average of 335,250.
Friday January 17 2014
US Consumer Sentiment Falls in January  
The Thomson Reuters/University of Michigan's consumer sentiment index fell in January to a preliminary reading of 80.4, from 82.5 in December, hurt by lower expectations among lower and middle-income households.
Friday January 17 2014
US Industrial Production Slows in December  
In December of 2013, US industrial production slowed to 0.3 percent, down from a revised 1 percent in November. For the fourth quarter as a whole, industrial production advanced at an annual rate of 6.8 percent, the largest quarterly increase since the second quarter of 2010.
Friday January 17 2014
US Housing Starts Fall 9.8% in December  
Privately-owned housing starts in December were at a seasonally adjusted annual rate of 999,000. This is 9.8 percent below the revised November estimate of 1,107,000, but is 1.6 percent above the December 2012 rate of 983,000.
Thursday January 16 2014
US Annual Inflation Rate up to 1.5% in December  
The Consumer Price Index for All Urban Consumers increased 1.5 percent over the last 12 months to an index level of 233.049. On a seasonally adjusted basis, the inflation rate rose 0.3 percent, led by gains in fuel and rents.
Thursday January 16 2014
US Jobless Claims Fall For the Second Consecutive Week  
In the week ending January 11, the advance figure for seasonally adjusted initial claims was 326,000, a decrease of 2,000 from the previous week's revised figure of 328,000. The 4-week moving average was 335,000, a decrease of 13,500 from the previous week's revised average of 348,500.
Tuesday January 14 2014
US Retail Sales Rise More Than Forecast in December  
In December of 2013, US retail sales increased 0.2 percent, down from a revised 0.4 percent in November but above market expectations. Retail sales excluding automobiles, gasoline, building materials and food services, increased 0.7 percent last month after a 0.2 percent rise in November.
Monday January 13 2014
U.S. Posts Budget Surplus In December  
U.S. federal government posted the largest budget surplus for any December on record, boosted by higher payroll taxes and nearly $40 billion dividend payments from government-controlled Fannie Mae and Freddie Mac.
Friday January 10 2014
United States Unemployment Rate Down to 5-Year Low in December  
In December, US unemployment rate eased from 7.0 percent to 6.7 percent, the lowest level since October of 2008. The number of unemployed persons declined by 490,000 to 10.4 million. Over the year, the number of unemployed persons and the unemployment rate were down by 1.9 million and 1.2 percentage points, respectively.
Friday January 10 2014
US Non-Farm Payrolls Rise 74K in December  
U.S. economy added only 74,000 jobs in December, the slowest pace since January of 2011. Job gains occurred in retail trade and wholesale trade, while employment declined in information.
Thursday January 09 2014
US Jobless Claims Down to 330K  
In the week ending January 4, the advance figure for seasonally adjusted initial claims was 330,000, a decrease of 15,000 from the previous week's revised figure of 345,000. The 4-week moving average was 349,000, a decrease of 9,750 from the previous week's revised average of 358,750.
Tuesday January 07 2014
US Trade Deficit Shrinks in November  
U.S. trade gap fell 12.9 percent to $34.3 billion in November, the smallest in four years. Exports hit a record high of $194.9 billion and imports declined to $229 billion.
Thursday January 02 2014
US ISM Manufacturing PMI Falls Slightly in December  
The PMI™ registered 57 percent, the second highest reading for the year, just 0.3 percentage point below November's reading of 57.3 percent. Hiring hit a 2-1/2-year high and the volume of new orders rose to its highest since early 2010.
Thursday January 02 2014
US Jobless Claims Down to 339K in Latest Week  
In the week ending December 28, the advance figure for seasonally adjusted initial claims was 339,000, a decrease of 2,000 from the previous week's revised figure of 341,000. The 4-week moving average was 357,250, an increase of 8,500 from the previous week's revised average of 348,750.
Thursday December 26 2013
US Jobless Claims Fall in Latest Week  
In the week ending December 21, the advance figure for seasonally adjusted initial claims was 338,000, a decrease of 42,000 from the previous week's revised figure of 380,000. The 4-week moving average was 348,000, an increase of 4,250 from the previous week's revised average of 343,750.
Tuesday December 24 2013
US New Home Sales Fall From 5-Year High  
In November of 2013, sales of new single-family houses in the US were at a seasonally adjusted annual rate of 464,000. This is 2.1 percent below the revised October rate of 474,000, the highest in 5 years, but is 16.6 percent above the November 2012 estimate of 398,000.
Tuesday December 24 2013
US Durable Goods Orders Rise in November  
In November of 2013, US durable goods orders increased 3.5 percent, up from a revised 0.7 percent fall in October, as demand rose for several goods from aircraft to machinery and computers.
Monday December 23 2013
US Consumer Sentiment Rises in December  
In December of 2013, the Thomson Reuters/University of Michigan's final consumer sentiment index rose to 82.5, from 75.1 in November and unchanged from the preliminary reading. It is the highest value since July.
Monday December 23 2013
U.S. Consumer Spending Rises to 5-month High in November  
In November of 2013, US consumer spending accelerated for the third straight month to 0.5 percent mom, the highest growth rate in five months.
Friday December 20 2013
US Final GDP Growth Beats Expectations in Q3  
In the third quarter of 2013, the US economy expanded at its fastest pace in almost two years. The GDP advanced by an annual 4.1 percent, according to the third estimate released by the Bureau of Economic Analysis. In the second estimate, the increase in real GDP was 3.6 percent. In the second quarter, the GDP advanced 2.5 percent.
Thursday December 19 2013
US Jobless Claims Surge to Near 9-Month High  
In the week ending December 14, the advance figure for seasonally adjusted initial claims was 379,000, an increase of 10,000 from the previous week's figure of 369,000. The 4-week moving average was 343,500, an increase of 13,250 from the previous week's revised average of 330,250.
Wednesday December 18 2013
US Fed Cuts Bond Buying Program  
The US Federal Reserve said it would reduce its monthly asset purchases by $10 billion to total $75 billion on December 18th. The Committee also confirmed its key interest rate would stay close to zero “well past the time that the unemployment rate declines below 6.5 per cent”.
Wednesday December 18 2013
U.S. Housing Starts Near 6-Year High in November  
Privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,091,000. This is 22.7 percent above the revised October estimate of 889,000 and is 29.6 percent above the November 2012 rate of 842,000.
Tuesday December 17 2013
U.S. Inflation Rate Up to 1.2% in November  
In November of 2013, US inflation rate accelerated to 1.2 percent, after slowing to a four-year low in October. On a monthly basis, prices remained unchanged, due to lower gasoline and natural gas prices.
Monday December 16 2013
US Industrial Production Beats Expectations in November  
Industrial production increased 1.1 percent in November after having edged up 0.1 percent in October; output was previously reported to have declined 0.1 percent in October. The gain in November was the largest since November 2012, when production rose 1.3 percent.
Thursday December 12 2013
US Retails Sales Rise the Most in Five Months  
U.S. retail and food services sales for November were up 0.7 percent from the previous month boosted by a 1.8 percent increase in receipts at auto and parts dealers.
Thursday December 12 2013
US Jobless Claims Rise in Latest Week  
In the week ending December 7, the advance figure for seasonally adjusted initial claims was 368,000, an increase of 68,000 from the previous week's revised figure of 300,000. The 4-week moving average was 328,750, an increase of 6,000 from the previous week's revised average of 322,750.
Friday December 06 2013
US Consumer Sentiment Jumps in December  
The Thomson Reuters/University of Michigan's consumer sentiment index rose in December to a preliminary reading of 82.5, from 75.1 in November. It is the highest value since July, due to an improved outlook on the economy and employment.
Friday December 06 2013
US Nonfarm Payrolls Slightly Up to 203K in November  
Total nonfarm payroll employment increased by 203,000 in November, slightly up from a revised 200,000 in October. Job growth averaged 195,000 per month over the prior 12 months. In November, job gains occurred in transportation and warehousing, health care, and manufacturing.
Friday December 06 2013
US Unemployment Rate Lowest in Five Years  
US unemployment rate declined from 7.3 percent to 7.0 percent in November, and total nonfarm payroll employment rose by 203,000, the U.S. Bureau of Labor Statistics reported on December 6th. Employment increased in transportation and warehousing, health care, and manufacturing.
Thursday December 05 2013
US Jobless Claims Down to 12-Week Low  
In the week ending November 30, the advance figure for seasonally adjusted initial claims was 298,000, a decrease of 23,000 from the previous week's revised figure of 321,000. The 4-week moving average was 322,250, a decrease of 10,750 from the previous week's revised average of 333,000.
Thursday December 05 2013
US GDP Growth Revised up to 3.6% in Q3  
Real gross domestic product in the United States increased at an annual rate of 3.6 percent in the third quarter of 2013 (that is, from the second quarter to the third quarter), according to the "second" estimate released by the Bureau of Economic Analysis. With this second estimate for the third quarter, the increase in private inventory investment was larger than previously estimated.
Wednesday December 04 2013
US Trade Deficit Narrows in October on Record Exports  
United States trade gap shrank to $40.6 billion in October of 2013, down from $43.0 billion in September. Exports increased 1.8 percent to $192.7 billion, while imports rose 0.4 percent to $233.3 billion.
Monday December 02 2013
US ISM Manufacturing Hits Its Highest Since April of 2011  
In November of 2013, the PMI™ registered 57.3 percent, an increase of 0.9 percentage point from October's reading of 56.4 percent. The PMI™ has increased progressively each month since June, with November's reading reflecting the highest PMI™ in 2013.
Wednesday November 27 2013
US Consumer Sentiment Beats Expectations  
In November of 2013, the Thomson Reuters/University of Michigan's final consumer sentiment index rose to 75.1 from a preliminary reading of 72.0. The index rose for the first time in four months, up from 73.2 in October.
Wednesday November 27 2013
US Jobless Claims Down to 316K in Latest Week  
In the week ending November 23, the advance figure for seasonally adjusted initial claims was 316,000, a decrease of 10,000 from the previous week's revised figure of 326,000. The 4-week moving average was 331,750, a decrease of 7,500 from the previous week's revised average of 339,250.
Thursday November 21 2013
US Jobless Claims Down to 7-Week Low  
In the week ending November 16, the advance figure for seasonally adjusted initial claims was 323,000, a decrease of 21,000 from the previous week's revised figure of 344,000. The 4-week moving average was 338,500, a decrease of 6,750 from the previous week's revised average of 345,250.
Wednesday November 20 2013
US Inflation Rate Slows to 4-Year Low in October  
In October of 2013, the US inflation rate eased for the third straight month to 1 percent, the lowest rate since October of 2009. From September, prices dropped 0.1 percent, mainly due to a fall in gasoline prices.
Wednesday November 20 2013
US Retail Sales Beat Forecasts in October  
The advance estimates of U.S. retail and food services sales for October, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $428.1 billion, an increase of 0.4 percent from the previous month, and 3.9 percent above October 2012.
Thursday November 14 2013
US Trade Deficit Widens in September  
Total September exports of $188.9 billion and imports of $230.7 billion resulted in a goods and services deficit of $41.8 billion, up from $38.7 billion in August, revised.
Thursday November 14 2013
U.S. Jobless Claims Fall in Latest Week  
In the week ending November 9, the advance figure for seasonally adjusted initial claims was 339,000, a decrease of 2,000 from the previous week's revised figure of 341,000. The 4-week moving average was 344,000, a decrease of 5,750 from the previous week's revised average of 349,750.
Friday November 08 2013
US Consumer Sentiment Down to 23-Month Low in November  
The Thomson Reuters/University of Michigan's consumer sentiment index dropped in November to a preliminary reading of 72.0, the lowest value since December of 2011.
Friday November 08 2013
U.S. Unemployment Rate Up to 7.3% in October  
U.S. unemployment rate was little changed at 7.3 percent in October and total nonfarm payroll employment rose by 204,000, the U.S. Bureau of Labor Statistics reported on November 8th. Employment increased in leisure and hospitality, retail trade, professional and technical services, manufacturing, and health care.
Friday November 08 2013
US Nonfarm Payroll Employment Rises to 204K in October  
Nonfarm payroll employment rose by 204,000 in October, and the unemployment rate increased to 7.3 percent, the U.S. Bureau of Labor Statistics reported on November 8th.
Thursday November 07 2013
U.S. Jobless Claims Down to 336K in Latest Week  
In the week ending November 2, the advance figure for seasonally adjusted initial claims was 336,000, a decrease of 9,000 from the previous week's revised figure of 345,000. The 4-week moving average was 348,250, a decrease of 9,250 from the previous week's revised average of 357,500.
Thursday November 07 2013
U.S. Economy Grows Faster Than Expected in Q3  
Real gross domestic product in the United States increased at an annual rate of 2.8 percent in the third quarter of 2013, according to the "advance" estimate released by the Bureau of Economic Analysis. While change in inventories was the main source of expansion, consumer and business spending growth slowed sharply.
Friday November 01 2013
U.S. ISM Manufacturing Index Up to 2 1/2-Year High in October  
Economic activity in the manufacturing sector expanded in October for the fifth consecutive month, and the overall economy grew for the 53rd consecutive month. The PMI™ rose to 56.4 percent in October from September's reading of 56.2 percent.
Thursday October 31 2013
U.S. Jobless Claims Fall in Latest Week  
In the week ending October 26, the advance figure for seasonally adjusted initial claims was 340,000, a decrease of 10,000 from the previous week's unrevised figure of 350,000. The 4-week moving average was 356,250, an increase of 8,000 from the previous week's unrevised average of 348,250.
Wednesday October 30 2013
Fed Leaves Bond Buying Program Unchanged  
Federal Reserve extended its support for a slowing U.S. economy on October 30th and decided to keep buying $85 billion in bonds per month for the time being.
Wednesday October 30 2013
US Inflation Rate Down to 1.2% in September  
In September of 2013, the Consumer Price Index for all items eased for the third month in a row to 1.2 percent before seasonal adjustment. All Urban Consumers CPI increased 0.2 percent from August, on a seasonally adjusted basis .
Tuesday October 29 2013
U.S. Retail Sales Fall 0.1% in September  
Advance estimates of U.S. retail and food services sales for September, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $425.9 billion, a decrease of 0.1 percent from the previous month, but 3.2 percent above September 2012.
Friday October 25 2013
US Consumer Sentiment Down In October  
In October of 2013, the Thomson Reuters/University of Michigan's final consumer sentiment index dropped to 73.2, from 77.5 recorded in September.
Thursday October 24 2013
U.S. Trade Deficit Narrows Slightly in August  
Total August exports of $189.2 billion and imports of $228.0 billion resulted in a goods and services deficit of $38.8 billion, up from $38.6 billion in July, revised. Exports declined 0.1 percent compared to July while imports were flat.
Thursday October 24 2013
U.S. Jobless Claims Fall Less Than Expected In Latest Week  
In the week ending October 19, the advance figure for seasonally adjusted initial claims was 350,000, a decrease of 12,000 from the previous week's revised figure of 362,000. The 4-week moving average was 348,250, an increase of 10,750 from the previous week's revised average of 337,500.
Tuesday October 22 2013
U.S. Unemployment Rate Down to 7.2% in September  
U.S. unemployment rate was little changed at 7.2 percent in September and total nonfarm payroll employment rose by 148,000, the U.S. Bureau of Labor Statistics reported on October 22nd. Employment increased in construction, wholesale trade, and transportation and warehousing.
Tuesday October 22 2013
U.S. Payrolls Rise Less Than Expected in September  
Total nonfarm payroll employment increased by 148,000 in September, with gains in construction, wholesale trade, and transportation and warehousing. Over the prior 12 months, employment growth averaged 185,000 per month.
Thursday October 17 2013
US Jobless Claims Down to 358K In Latest Week  
In the week ending October 12, the advance figure for seasonally adjusted initial claims was 358,000, a decrease of 15,000 from the previous week's revised figure of 373,000. The 4-week moving average was 336,500, an increase of 11,750 from the previous week's revised average of 324,750.
Friday October 11 2013
US Consumer Sentiment Falls in October  
The Thomson Reuters/University of Michigan's consumer sentiment index dropped in October to a preliminary reading of 75.2, from September’s final figure of 77.5.
Thursday October 10 2013
U.S. Jobless Claims Up to 374K in Latest Week  
In the week ending October 5, the advance figure for seasonally adjusted initial claims was 374,000, an increase of 66,000 from the previous week's unrevised figure of 308,000. The 4-week moving average was 325,000, an increase of 20,000 from the previous week's unrevised average of 305,000.
Thursday October 03 2013
U.S. Jobless Claims Up to 308K In Latest Week  
In the week ending September 28, the advance figure for seasonally adjusted initial claims was 308,000, an increase of 1,000 from the previous week's revised figure of 307,000. The 4-week moving average was 305,000, a decrease of 3,750 from the previous week's revised average of 308,750.
Tuesday October 01 2013
US ISM Manufacturing Index Rises to 30-Month High In September  
Economic activity in the manufacturing sector expanded in September for the fourth consecutive month, and the overall economy grew for the 52nd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.
Friday September 27 2013
US Consumer Sentiment Down to 5-Month Low in Septemebr  
In September of 2013, The Thomson Reuters/University of Michigan's final consumer sentiment index dropped to 77.5, from 82.1 recorded in August.
Thursday September 26 2013
U.S. Jobless Claims Down to 305K In Latest Week  
In the week ending September 21, the advance figure for seasonally adjusted initial claims was 305,000, a decrease of 5,000 from the previous week's revised figure of 310,000. The 4-week moving average was 308,000, a decrease of 7,000 from the previous week's revised average of 315,000.
Thursday September 26 2013
US GDP Growth Confirmed at 2.5% in Q2  
US GDP expanded at an annual rate of 2.5 percent in the second quarter of 2013, according to BEA's third estimate and unchanged from second estimate released later August. The acceleration in GDP primarily reflected upturns in exports and in nonresidential fixed investment, a smaller decrease in federal government spending, and an upturn in state and local government spending that were partly offset by an acceleration in imports and deceleration in private inventory investment and in personal consumption expenditure.
Thursday September 19 2013
US Jobless Claims Up to 309K in Latest Week  
In the week ending September 14, the advance figure for seasonally adjusted initial claims was 309,000, an increase of 15,000 from the previous week's revised figure of 294,000. The 4-week moving average was 314,750, a decrease of 7,000 from the previous week's revised average of 321,750.
Wednesday September 18 2013
Fed to Keep Bond Buying Stimulus  
The U.S. Federal Reserve said on September 18th that it would continue buying bonds at an $85 billion monthly pace. Most Fed policymakers projected the first official interest rate hike will come in 2015.
Tuesday September 17 2013
US Annual Inflation Rate Slows to 1.5% in August  
In August of 2013, U.S. Consumer Price Index for All Urban Consumers (CPI-U) increased 1.5 percent over the last 12 months, from 2 percent recorded in July. For the month, on a seasonally adjusted basis the index increased 0.1 percent.
Friday September 13 2013
Us Consumer Sentiment Drops In September  
The Thomson Reuters/University of Michigan's consumer sentiment index declined in September to a preliminary reading of 76.8, from August’s final figure of 82.1.
Thursday September 12 2013
US Jobless Claims Down to 292K in Latest Week  
In the week ending September 7, the advance figure for seasonally adjusted initial claims was 292,000, a decrease of 31,000 from the previous week's unrevised figure of 323,000. The 4-week moving average was 321,250, a decrease of 7,500 from the previous week's revised average of 328,750.
Friday September 06 2013
United States Economy Adds 169K Jobs in August  
Total nonfarm payroll employment increased by 169,000 in August, about in line with the average monthly gain of 184,000 over the prior 12 months but slightly below expectations. Job growth occurred in retail trade and health care, while employment in information declined. Employment continued to trend up in food services and drinking places, professional and business services, and wholesale trade.
Friday September 06 2013
U.S. Unemployment Rate Down to 7.3% in August  
U.S. unemployment rate decreased slightly in August while total nonfarm payroll employment increased by 169,000, the U.S. Bureau of Labor Statistics reported on September 6th. Employment rose in retail trade and health care but declined in information.
Thursday September 05 2013
US Jobless Claims Down to 323K In Latest Week  
In the week ending August 31, the advance figure for seasonally adjusted initial claims was 323,000, a decrease of 9,000 from the previous week's revised figure of 332,000. The 4-week moving average was 328,500, a decrease of 3,000 from the previous week's revised average of 331,500.
Wednesday September 04 2013
US Trade Deficit Widens in July  
In July of 2013, US trade deficit increased to 39.2 billion USD, from a 3-1/2-year low in June, as exports dipped 0.6 percent and imports rose 1.6 percent.
Tuesday September 03 2013
U.S. ISM Manufacturing Index Rises In August  
Economic activity in the manufacturing sector expanded in August for the third consecutive month, and the overall economy grew for the 51st consecutive month, according to the latest Manufacturing ISM Report On Business®.
Friday August 30 2013
US Consumer Sentiment Declines in August  
In August of 2013, The Thomson Reuters/University of Michigan's final consumer sentiment index dropped to 82.1, from 85.1 recorded in July.
Thursday August 29 2013
US Jobless Claims Down to 331K in Latest Week  
In the week ending August 24, the advance figure for seasonally adjusted initial claims was 331,000, a decrease of 6,000 from the previous week's revised figure of 337,000. The 4-week moving average was 331,250, an increase of 750 from the previous week's unrevised average of 330,500.
Thursday August 29 2013
US GDP Growth Revised Up to 2.5% in Q2  
In Q2 of 2013, United States' real gross domestic product increased at an annual rate of 2.5 percent, up from a preliminary estimate of 1.7 percent, according to the second estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.1 percent.
Tuesday August 27 2013
U.S. Consumer Confidence Increases Slightly in August  
The Conference Board Consumer Confidence Index increased slightly in August to 81.5 (1985=100), up from 81.0 in July. The Present Situation Index decreased to 70.7 from 73.6. The Expectations Index increased to 88.7 from 86.0 last month.
Thursday August 22 2013
U.S. Jobless Claims Up to 336K in Latest Week  
In the week ending August 17, the advance figure for seasonally adjusted initial claims was 336,000, an increase of 13,000 from the previous week's revised figure of 323,000. The 4-week moving average was 330,500, a decrease of 2,250 from the previous week's revised average of 332,750.
Thursday August 15 2013
U.S. Annual Inflation Rate Up to 2% in July  
In July of 2013, U.S. Consumer Price Index for All Urban Consumers (CPI-U) increased 2 percent over the last 12 months, from 1.8 percent recorded in June. For the month, on a seasonally adjusted basis the index increased 0.2 percent.
Thursday August 15 2013
U.S. Jobless Claims Down to 320K in Latest Week  
In the week ending August 10, the advance figure for seasonally adjusted initial claims was 320,000, a decrease of 15,000 from the previous week's revised figure of 335,000. The 4-week moving average was 332,000, a decrease of 4,000 from the previous week's revised average of 336,000.
Tuesday August 13 2013
US Retail Sales Up 0.2% in July  
The advance estimates of U.S. retail and food services sales for July, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $424.5 billion, an increase of 0.2 percent from the previous month, and 5.4 percent above July 2012.
Thursday August 08 2013
U.S. Jobless Claims Up to 333K in Latest Week  
In the week ending August 3, the advance figure for seasonally adjusted initial claims was 333,000, an increase of 5,000 from the previous week's revised figure of 328,000. The 4-week moving average was 335,500, a decrease of 6,250 from the previous week's revised average of 341,750.
Tuesday August 06 2013
U.S. Trade Deficit Narrows In June  
U.S. trade deficit narrowed in June to its lowest level in more than 3-1/2 years as exports increased 2.2 percent and imports fell 2.5 percent.
Friday August 02 2013
United States Non-Farm Payrolls Rise by 162K in July  
Total nonfarm payroll employment increased by 162,000 in July, with gains in retail trade, food services and drinking places, financial activities, and wholesale trade. Over the prior 12 months, nonfarm employment growth averaged 189,000 per month.
Friday August 02 2013
U.S. Unemployment Rate Down to 7.4% in July  
U.S. unemployment rate edged down to 7.4 percent and total nonfarm payroll employment increased by 162K in July. Employment rose in retail trade, food services and drinking places, financial activities, and wholesale trade.
Thursday August 01 2013
U.S. Manufacturing Index At Two Year High  
Economic activity in the manufacturing sector expanded in July for the second consecutive month as orders for new goods and production increased and payrolls continued to grow, according to the latest Manufacturing ISM Report On Business®.
Thursday August 01 2013
US Jobless Claims Down To 326K in Latest Week  
In the week ending July 27, the advance figure for seasonally adjusted initial claims was 326,000, a decrease of 19,000 from the previous week's revised figure of 345,000. The 4-week moving average was 341,250, a decrease of 4,500 from the previous week's revised average of 345,750.
Wednesday July 31 2013
US Fed Keeps Monetary Policy Unchanged  
The U.S. Federal Reserve said on July 31st the economy continues to recover but is still in need of support and decided to keep $85 billion bond buying pace.
Tuesday August 13 2013
U.S. Economy Continues to Gain Momentum  
Despite large cuts to government spending and a global slowdown, U.S. economy has been holding pretty well. In the second quarter of 2013, the GDP growth beat estimates, consumer sector has been keeping momentum and there are finally some signs of an improvement in the labour market and manufacturing.
Wednesday July 31 2013
US GDP Beats Expectations in Q2  
Real gross domestic product in the United States increased at an annual rate of 1.7 percent in the second quarter of 2013 (that is, from the first quarter to the second quarter), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.1 percent (revised).
Tuesday July 30 2013
U.S. Consumer Confidence Declines in July  
The Conference Board Consumer Confidence Index decreased to 80.3 in July from 82.1 in June. The Present Situation Index increased to 73.6 from 68.7. The Expectations Index decreased to 84.7 from 91.1 last month.
Thursday July 25 2013
US Jobless Claims Up To 343K in Latest Week  
In the week ending July 20, the advance figure for seasonally adjusted initial claims was 343,000, an increase of 7,000 from the previous week's revised figure of 336,000. The 4-week moving average was 345,250, a decrease of 1,250 from the previous week's revised average of 346,500.
Thursday July 18 2013
U.S. Jobless Claims at the Lowest Level in Four Months  
In the week ending July 13, the advance figure for seasonally adjusted initial claims was 334,000, a decrease of 24,000 from the previous week's revised figure of 358,000. The 4-week moving average was 346,000, a decrease of 5,250 from the previous week's revised average of 351,250.
Tuesday July 16 2013
U.S. Annual Inflation Up to 1.8% in June  
U.S. Consumer Price Index for All Urban Consumers (CPI-U) increased 1.8 percent over the last 12 months to an index level of 233.504. For the month, on a seasonally adjusted basis the index increased 0.5 percent.
Thursday July 11 2013
US Jobless Claims Rise to 360K in Latest Week  
In the week ending July 6, the advance figure for seasonally adjusted initial claims was 360,000, an increase of 16,000 from the previous week's revised figure of 344,000. The 4-week moving average was 351,750, an increase of 6,000 from the previous week's revised average of 345,750.
Thursday July 25 2013
US Economy Overview 07/25  
Despite large cuts to government spending and a global slowdown, U.S. economy has been holding pretty well. Consumer sector has been keeping momentum and there are finally some signs of an improvement in the labour market and manufacturing.
Friday July 05 2013
United States Economy Adds 195K Jobs in June  
Total nonfarm payroll employment increased by 195,000 in June, in line with the average monthly gain of 182,000 over the prior 12 months. In June, job growth occurred in leisure and hospitality, professional and business services, retail trade, health care, and financial activities.
Friday July 05 2013
US Unemployment Rate at 7.6% in June  
U.S. total nonfarm payroll employment increased by 195,000 in June, and the unemployment rate was unchanged at 7.6 percent, the U.S. Bureau of Labor Statistics reported on July 5th. Employment rose in leisure and hospitality, professional and business services, retail trade, health care, and financial activities.
Wednesday July 03 2013
US Trade Deficit Widens in May  
United States trade deficit grew in May, as stronger demand resulted in higher imports and sluggish growth abroad pushed exports lower.
Wednesday July 03 2013
US Jobless Claims Edges Down to 343K In Latest Week  
In the week ending June 29, the advance figure for seasonally adjusted initial claims was 343,000, a decrease of 5,000 from the previous week's revised figure of 348,000. The 4-week moving average was 345,500, a decrease of 750 from the previous week's revised average of 346,250.
Monday July 01 2013
U.S. ISM Manufacturing Index Increases in June  
Economic activity in the manufacturing sector expanded in June following one month of contraction, and the overall economy grew for the 49th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.
Thursday June 27 2013
U.S. Jobless Claims Down to 346K in Latest Week  
In the week ending June 22, the advance figure for seasonally adjusted initial claims was 346,000, a decrease of 9,000 from the previous week's revised figure of 355,000. The 4-week moving average was 345,750, a decrease of 2,750 from the previous week's revised average of 348,500.
Wednesday June 26 2013
US GDP Growth Revised Down to 1.8% in Q1  
United States real gross domestic product increased at an annual rate of 1.8 percent in the first quarter of 2013, according to the "third" estimate released by the Bureau of Economic Analysis. While personal consumption expenditures, private inventory investment, and residential fixed investment increased; federal, state and local government spending, and exports decreased.
Tuesday June 25 2013
US Consumer Confidence Surges in June  
U.S. consumer confidence jumped to 81.4 in June, its highest level in over five years, as Americans were more optimistic about business and labor market conditions, according to a report released by The Conference Board.
Thursday June 20 2013
US Federal Reserve Keeps Monetary Policy Unchanged  
The U.S. Federal Reserve said on June 19th, it would keep buying $85 billion in bonds per month. Yet, the central bank hinted it could end stimulus program next year if forecasts for the country's economic recovery are correct and unemployment rate is below 6.5 percent.
Tuesday June 18 2013
U.S. Annual Inflation Rate up to 1.4% in May  
The Consumer Price Index for All Urban Consumers in the United States increased 0.1 percent in May on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on June 18th. Over the last 12 months, the all items index increased 1.4 percent before seasonal adjustment.
Thursday June 13 2013
US Retail Sales Beat Expectations in May  
The advance estimates of U.S. retail and food services sales for May, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $421.1 billion, an increase of 0.6 percent from the previous month, and 4.3 percent above May 2012.
Friday June 07 2013
US Unemployment Rate Rises to 7.6% in May  
US jobless rate climbed to 7.6 percent as more Americans entered the labor force, the U.S. Bureau of Labor Statistics reported on June 7th. Total nonfarm payroll employment increased by 175,000 in May. Employment rose in professional and business services, food services and drinking places, and retail trade.
Friday June 07 2013
United States Economy Adds 175K Jobs in May  
US total nonfarm payroll employment increased more than forecast in May, with gains in professional and business services, food services and drinking places, and retail trade. Over the prior 12 months, employment growth averaged 172,000 per month.
Tuesday June 04 2013
US Trade Deficit Widens in April  
The U.S. trade deficit widened less than expected in April as a decrease in petroleum prices tempered the rise in imports, while exports hit a four-month high.
Monday June 03 2013
U.S. Manufacturing Sector Contracts in May  
The Institute for Supply Management (ISM) said its index of national factory activity in May fell to 49.0 from 50.7 in April as new orders slipped and demand for exports declined.
Thursday May 30 2013
US GDP Growth Revised Down to 2.4% in Q1  
Real gross domestic product in the United States increased at an annual rate of 2.4 percent in the first quarter of 2013 (that is, from the fourth quarter to the first quarter), according to the "second" estimate released by the Bureau of Economic Analysis. Drop in government spending and slower inventory building overshadowed the big increase in consumer spending.
Tuesday May 28 2013
US Consumer Confidence Index Surges in May  
The Conference Board Consumer Confidence Index, which had improved in April, increased again in May. The Index now stands at 76.2 (1985=100), up from 69.0 in April. The Present Situation Index increased to 66.7 from 61.0. The Expectations Index improved to 82.4 from 74.3 last month.
Tuesday June 25 2013
US Economy Overview 06/25  
Recent data updates for the United States sent mixed signals. While consumer sector appears to be gaining some momentum and housing is recovering, manufacturing has softened and labour market is still weak.
Thursday May 23 2013
US Economy Sends Mixed Signals  
Recent data updates for the United States sent mixed signals. While consumer sector appears to be gaining some momentum and housing is recovering, the manufacturing has softened and the labour market is still weak.
Thursday May 16 2013
U.S. Annual Inflation Rate Down to 1.1% in April  
Over the last 12 months, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.1 percent before seasonal adjustment. The index decreased 0.4 percent in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on May 16th.
Monday May 13 2013
U.S. Retail Sales Up 0.1% in April  
The U.S. Census Bureau announced on May 13th that advance estimates of U.S. retail and food services sales for April, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $419.0 billion, an increase of 0.1 percent from the previous month, and 3.7 percent above April 2012.
Friday May 03 2013
U.S. Unemployment Rate Down to 7.5% in April  
Total nonfarm payroll employment rose by 165,000 in April, and the unemployment rate was little changed at 7.5 percent, the U.S. Bureau of Labor Statistics reported on May 3rd. Employment increased in professional and business services, food services and drinking places, retail trade, and health care.
Friday May 03 2013
United States Economy Adds 165K Jobs in April  
Total nonfarm payroll employment increased by 165,000 in April, with job gains in professional and business services, food services and drinking places, retail trade, and health care. Over the prior 12 months, employment growth averaged 169,000 per month.
Thursday May 02 2013
U.S. Trade Deficit Narrows in March  
The U.S. trade deficit narrowed for a second month in March to $38.8 billions as crude oil imports dropped to the lowest level in 17 years.
Wednesday May 15 2013
U.S. Recovery May be Loosing Momentum  
In the first two months of 2013, U.S. employment, retail sales and housing performed very well bringing the economic expansion to 2.5 percent in the first quarter. However, recent data suggest that in March and April the economy had been struggling.
Wednesday May 01 2013
Fed Keeps Rates and Strategy  
U.S. Federal Reserve produced no surprises on May 1st, continuing its asset-purchase program and maintaining its benchmark interest rate unchanged at 0.25%.
Tuesday May 21 2013
United States Economy Expands 2.5% in Q1  
Real gross domestic product increased at an annual rate of 2.5 percent in the first quarter of 2013 (that is, from the fourth quarter to the first quarter), according to the 'advance' estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 0.4 percent.
Tuesday April 16 2013
United States Inflation Rate Down to 1.5% in March  
The all items index increased 1.5 percent over the last 12 months; this compares to 2.0 percent last month and is the smallest increase since the 12 months ending July 2012. The index for all items less food and energy increased 1.9 percent over the last 12 months. The food index rose 1.5 percent while the energy index declined 1.6 percent.
Friday April 12 2013
U.S. retail Sales Down 0.4% in March  
The U.S. Census Bureau advance estimates of U.S. retail and food services sales for March, adjusted for seasonal variation and holiday and trading-day differences (but not for price changes) were $418.3 billion, a decrease of 0.4 percent (±0.5%) from the previous month, but 2.8 percent (±0.7%) above March 2012.
Friday April 05 2013
U.S. Trade Deficit Narrows in February  
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced that total February exports of $186.0 billion and imports of $228.9 billion resulted in a goods and services deficit of $43.0 billion, down from $44.5 billion in January, revised. February exports were $1.6 billion more than January exports of $184.4 billion. February imports were $0.1 billion more than January imports of $228.9 billion.
Friday April 05 2013
U.S. Trade Deficit Narrows in February  
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total February exports of $186.0 billion and imports of $228.9 billion resulted in a goods and services deficit of $43.0 billion, down from $44.5 billion in January, revised. February exports were $1.6 billion more than January exports of $184.4 billion. February imports were $0.1 billion more than January imports of $228.9 billion.
Friday April 05 2013
U.S. Unemployment Rate Down to 7.6% in March  
Both the number of unemployed persons, at 11.7 million, and the unemployment rate, at 7.6 percent, were little changed in March. Employment grew in professional and business services and in health care but declined in retail trade.
Friday April 05 2013
United States Economy Adds 88K Jobs in March  
Total non-farm payroll employment edged up in March (+88,000). Over the prior 12 months, employment growth had averaged 169,000 per month. In March, employment increased in professional and business services and in health care, while retail trade employment declined.
Wednesday May 01 2013
U.S. Economy Sends Mixed Signals  
After a meager growth in the last quarter of 2012, the U.S. economy seems to be gaining momentum at the beginning of 2013. Indeed, following a timid expansion of 0.4% in Q4 of 2012, the U.S. economy grew 2.5% in the first quarter of 2013.
Thursday March 28 2013
U.S. GDP revised up to 0.4%  
Real gross domestic product in the United States increased at an annual rate of 0.4 percent in the fourth quarter of 2012 (that is, from the third quarter to the fourth quarter), according to the "third" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.1 percent.
Wednesday March 20 2013
Fed Keeps Rates and Strategy  
U.S. Federal Reserve produced no surprises on March 20th, affirming that it would plow ahead with its efforts to stimulate the economy even as it hailed “a return to moderate economic growth following a pause late last year.”
Monday April 01 2013
U.S. Economy Continues to Gain Momentum  
After a meager growth in the last quarter of 2012, the United States economy seems to be gaining ground. Recent data updates point to the improvement in the labor market, consumption, manufacturing and housing.
Friday March 15 2013
U.S. Annual Inflation Rate Rises to 2% in February  
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.7 percent in February on a seasonally adjusted basis, the U.S.Bureau of Labor Statistics reported on March 15th. Over the last 12 months, the all items index increased 2.0 percent before seasonal adjustment.
Wednesday March 13 2013
U.S. Retail Sales Jumps 1.1% in February  
The advance estimates of U.S. retail and food services sales for February, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $421.4 billion, an increase of 1.1 percent (±0.5%) from the previous month and 4.6 percent (±0.7%) above February 2012.
Friday March 08 2013
United States Economy Adds 236K Jobs in February  
Total non-farm payroll employment increased by 236,000 in February, with job gains in professional and business services, construction, and health care. In the prior 3 months, employment had risen by an average of 195,000 per month.
Friday March 08 2013
U.S. Unemployment Rate Down to 7.7% in February  
U.S. unemployment rate edged down to 7.7 percent in February, the U.S. Bureau of Labor Statistics reported on March 8th. Total nonfarm payroll employment increased by 236,000 in February as employment increased in professional and business services, construction, and health care.
Thursday March 07 2013
U.S. Trade Deficit Widens in January  
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced on March 7th that total January exports of $184.5 billion and imports of $228.9 billion resulted in a goods and services deficit of $44.4 billion, up from $38.1 billion in December, revised. January exports were $2.2 billion less than December exports of $186.6 billion. January imports were $4.1 billion more than December imports of $224.8 billion.
Sunday March 03 2013
U.S. Recovery Still Far From Reach  
United States economic data sent mixed signals in the last few weeks. In the fourth quarter of 2012, the U.S. economy barely grew due to a slowdown in inventory accumulation and a sharp drop in military spending. However, slightly better performance in exports and lower imports scratched an earlier estimate that showed a contraction. Also, in February, the pace of growth in the manufacturing sector picked up to its fastest rate in over a year and a half as new orders continued to accelerate.
Thursday February 28 2013
U.S. GDP Growth Revised Up to 0.1% in Q4  
Real gross domestic product in the United States increased at an annual rate of 0.1 percent in the fourth quarter of 2012 (that is, from the third quarter to the fourth quarter), according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.1 percent.
Thursday February 21 2013
U.S. Annual Inflation Down to 1.6% in January  
The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.6 percent before seasonal adjustment.
Wednesday February 13 2013
U.S. Retail Sales Rose 0.1% in January  
The U.S. Census Bureau announced on February 13th that advance estimates of U.S. retail and food services sales for January, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $416.6 billion, an increase of 0.1 percent (±0.5%)* from the previous month and 4.4 percent (±0.7%) above January 2012.
Friday February 08 2013
U.S. Trade Deficit Narrows in December  
Total December exports of $186.4 billion and imports of $224.9 billion resulted in a goods and services deficit of $38.5 billion, down from $48.6 billion in November, revised. December exports were $3.9 billion more than November exports of $182.5 billion. December imports were $6.2 billion less than November imports of $231.1 billion.
Friday February 01 2013
U.S. Economy Adds 157K Jobs in January  
Total nonfarm payroll employment increased by 157,000 in January. In 2012, employment growth averaged 181,000 per month. In January, job gains occurred in retail trade, construction, health care, and wholesale trade, while employment edged down in transportation and warehousing.
Friday February 01 2013
United States Unemployment Rate at 7.9%, Payroll Employment Rises  
Total nonfarm payroll employment increased by 157,000 in January, and the unemployment rate was essentially unchanged at 7.9 percent. Retail trade, construction, health care, and wholesale trade added jobs over the month.
Thursday January 31 2013
U.S. to Keep Buying Bonds, Rates Unchanged  
The Federal Reserve said it will buy $40 billion a month of mortgage-backed securities, continuing its asset-purchase program, and linked the outlook for its main interest rate to unemployment and inflation.
Wednesday January 30 2013
United States Gross Domestic Product Contracts 0.1% in Q4  
Real gross domestic product decreased at a rate of 0.1 percent in the fourth quarter of 2012, from the third quarter to the fourth quarter, according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.1 percent.
Wednesday January 16 2013
United States Inflation Rate at 1.7% in December of 2012  
The all items index increased 1.7 percent over the last 12 months, compared to a 1.8 percent figure in November. The index for all items less food and energy rose 1.9 percent over the last 12 months, the same figure as last month. The food index has risen 1.8 percent over the last 12 months, and the energy index has risen 0.5 percent.
Friday January 11 2013
United States Trade Deficit Widens in November  
The Department of Commerce announced today that total November exports of $182.6 billion and imports of $231.3 billion resulted in a goods and services deficit of $48.7 billion, up from $42.1 billion in October, revised. November exports were $1.7 billion more than October exports of $180.8 billion. November imports were $8.4 billion more than October imports of $222.9 billion.
Friday January 04 2013
U.S. Economy Adds 155K Jobs in December  
Total nonfarm payroll employment increased by 155,000 in December. In 2012, employment growth averaged 153,000 per month, the same as the average monthly gain for 2011. In December, employment increased in health care, food services and drinking places, construction, and manufacturing.
Friday January 04 2013
U.S. Economy Adds 155K Jobs in December, Unemployment at 7.8%  
Nonfarm payroll employment rose by 155,000 in December, and the unemployment rate was unchanged at 7.8 percent, the U.S. Bureau of Labor Statistics reported on January 4th. Employment increased in health care, food services and drinking places, construction, and manufacturing.
Thursday December 20 2012
U.S. GDP Growth Revised to 3.1 Percent in Q3  
U.S. Real gross domestic products increased at an annual rate of 3.1 percent in the third quarter of 2012 (that is, from the second quarter to the third quarter), according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 1.3 percent.
Friday December 14 2012
U.S. Annual Inflation Down To 1.8 Percent in November  
The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.3 percent in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on December 14. Over the last 12 months, the all items index increased 1.8 percent before seasonal adjustment.
Wednesday December 12 2012
U.S. to Keep Buying Bonds, Rates Unchanged  
The Federal Reserve said it will buy $45 billion a month of Treasury securities starting in January, expanding its asset-purchase program, and it linked the outlook for its main interest rate to unemployment and inflation.
Tuesday December 11 2012
U.S. Trade Deficit Widens in October  
Total October exports of $180.5 billion and imports of $222.8 billion resulted in a goods and services deficit of $42.2 billion, up from $40.3 billion in September, revised.
Friday December 07 2012
U.S. Unemployment Down to 7.7 Percent in November  
Total nonfarm payroll employment rose by 146,000 in November, and the unemployment rate edged down to 7.7 percent, the U.S. Bureau of Labor Statistics reported on December 7th. Employment increased in retail trade, professional and business services, and health care.
Thursday November 29 2012
U.S. GDP Growth Revised to 2.7 Percent in Q3  
U.S. Real gross domestic product increased at an annual rate of 2.7 percent in the third quarter of 2012 (that is, from the second quarter to the third quarter), according to the "second" estimate released by the Bureau of Economic Analysis.
Thursday November 15 2012
U.S. Annual Inflation Up to 2.2 Percent in October  
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in October on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on November 15. Over the last 12 months, the all items index increased 2.2 percent before seasonal adjustment.
Thursday November 08 2012
U.S. Trade Defict Narrows in September  
Total September exports of $187.0 billion and imports of $228.5 billion resulted in a goods and services deficit of $41.5 billion, down from $43.8 billion in August, revised.
Friday November 02 2012
U.S. Unemployment Up to 7.9 Percent in October  
U.S. total nonfarm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged at 7.9 percent, the U.S. Bureau of Labor Statistics reported on November 2nd.
Friday October 26 2012
U.S. GDP Expands 2 Percent in Q3  
U.S. Real gross domestic product increased at an annual rate of 2.0 percent in the third quarter of 2012 (that is, from the second quarter to the third quarter), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 1.3 percent.
Wednesday October 24 2012
U.S. Keeps Monetary Policy Unchanged  
The U.S. Federal Reserve said on October 24th it has decided to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that exceptionally low levels for the federal funds rate are likely to be warranted at least through mid-2015.
Tuesday October 16 2012
U.S. Annual Inflation Up to 2.0 Percent in September  
The Consumer Price Index for All Urban Consumers (CPI-U) in the United States increased 0.6 percent in September on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.0 percent before seasonal adjustment.
Thursday October 11 2012
U.S. Trade Deficit Widens in August  
The United States' August exports of $181.3 billion and imports of $225.5 billion resulted in a goods and services deficit of $44.2 billion, up from $42.5 billion in July, revised.
Friday October 05 2012
U.S. Unemployment Down to 7.8% in September  
U.S. unemployment rate decreased to 7.8 percent in September, and total nonfarm payroll employment rose by 114,000, the U.S. Bureau of Labor Statistics reported on October 5th. Employment increased in health care and in transportation and warehousing but changed little in most other major industries.
Thursday September 27 2012
U.S. GDP Revised Down to 1.3 Percent in Q2  
U.S. Real gross domestic product increased at an annual rate of 1.3 percent in the second quarter of 2012 (that is, from the first quarter to the second quarter), according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.0 percent.
Friday September 14 2012
U.S. Annual Inflation Up to 1.7% in August  
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in August on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on September 14th. Over the last 12 months, the all items index increased 1.7 percent before seasonal adjustment.
Thursday September 13 2012
U.S. Federal Reserve Launches QE3  
The Federal Reserve said on September 13th it will buy mortgages, fulfilling expectations of more stimulus, in an attempt to foster a recovery in the real estate market. The purchases will continue until the Fed is satisfied that economic conditions, primarily in unemployment, improve.
Tuesday September 11 2012
U.S. Trade Deficit Widens in July  
U.S. July exports of $183.3 billion and imports of $225.3 billion resulted in a goods and services deficit of $42.0 billion, up from $41.9 billion in June, revised. July exports were $1.9 billion less than June exports of $185.2 billion. July imports were $1.8 billion less than June imports of $227.1 billion.
Friday September 07 2012
U.S. Unemployment Rate Falls to 8.1% in August  
Total nonfarm payroll employment rose by 96,000 in August, and the unemployment rate edged down to 8.1 percent, the U.S. Bureau of Labor Statistics reported on September 7th. Employment increased in food services and drinking places, in professional and technical services, and in health care.
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