Advertisement
Philly Fed Index Soars Far More Than Expected In July
(RTTNews) - A report released by the Federal Reserve Bank of Philadelphia on Thursday showed a much bigger than expected increase by its reading on regional manufacturing activity in the month of July.
The Philly Fed said its diffusion index for current general activity soared to 41.4 in July from 10.3 in June, with a positive reading indicating growth. Economists had expected the index to rise to 13.0.
Looking ahead, the Philly Fed said firms continue to expect overall growth over the next six months, although the diffusion index for future general activity tumbled to 34.4 in July from 50.2 in June.
read more
U.S. Wholesale Inventories Jump 1.3% In July, In Line With Estimates
The Commerce Department released a report on Thursday showing a sharp increase in wholesale inventories in the U.S. in the month of July.
RTTNews
|
7h 15min ago
U.S. Existing Home Sales Drop Below 4.0 Mln For First Time Since June 2025
A report released by the National Association of Realtors on Thursday showed an extended slump by existing home sales in the U.S. in the month of August. NAR said existing home sales dove by 2.0 percent to an annual rate of 3.98 million in August after tumbling by 1.7 percent to an annual rate of 4.06 million in July.
RTTNews
|
8h 39min ago
U.S. Producer Prices Increase 0.4% In August, In Line With Estimates
Producer prices in the U.S. increased in line with economist estimates in the month of August, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand rose by 0.4 percent in August following a revised 0.1 percent uptick in July.
RTTNews
|
9h 1min ago
U.S. Jobless Claims Unexpectedly Edge Down To 206,000
The Labor Department released a report on Thursday unexpectedly showing a slight dip in first-time claims for U.S. unemployment benefits in the week ended September 5th. The report said initial jobless claims edged down to 206,000, a decrease of 1,000 from the previous week's revised level of 207,000.
RTTNews
|
9h 22min ago
U.S. Producer Prices Increase In Line With Estimates In August
Producer prices in the U.S. increased in line with economist estimates in the month of August, the Labor Department revealed in a report released on Thursday.
RTTNews
|
11h 0min ago
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
The Labor Department released a report on Thursday unexpectedly showing a slight dip in first-time claims for U.S. unemployment benefits in the week ended September 5th.
RTTNews
|
11h 1min ago
U.S. Job Growth Far Exceeds Estimates In August
Employment in the U.S. increased by far more than economists had expected in the month of August, according to a closely watched report released by the Labor Department on Friday. The report said non-farm payroll employment surged by 162,000 jobs in August are rising by an upwardly revised 21,000 jobs in July. Economists had expected employment to climb by 55,000 jobs.
RTTNews
|
6 days ago
U.S. Employment Jumps Far More Than Expected In August
Employment in the U.S. increased by far more than economists had expected in the month of August, according to a closely watched report released by the Labor Department on Friday.
RTTNews
|
6 days ago
