U.S. Private Sector Employment Jumps Much More Than Expected In December

RTTNews | 1346 days ago
U.S. Private Sector Employment Jumps Much More Than Expected In December

(RTTNews) - Payroll processor ADP released a report on Thursday showing private sector employment in the U.S. jumped by much more than expected in the month of December.

ADP said private sector employment shot up by 235,000 jobs in December after surging by an upwardly revised 182,000 jobs in November.

Economists had expected employment to jump by about 150,000 jobs compared to the addition of 127,000 jobs originally reported for the previous month.

The report noted the job resurgence in the last two months of 2022 was led by consumer-facing service industries.

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U.S. Consumer Sentiment Deteriorates Much More Than Expected In September

U.S. Consumer Sentiment Deteriorates Much More Than Expected In September

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. has deteriorated by much more than anticipated in the month of September. The University of Michigan said its consumer sentiment index slumped to 47.8 in September after tumbling to 51.7 in August. Economists had expected the index to edge down to 51.0.
RTTNews | 1 day ago
U.S. Consumer Price Growth Matches Estimates, Core Prices Rise Slightly More Than Expected

U.S. Consumer Price Growth Matches Estimates, Core Prices Rise Slightly More Than Expected

A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of August, although core prices rose by slightly more than expected. The Labor Department said its consumer price index climbed by 0.4 percent in August after inching up by 0.1 percent in July.
RTTNews | 1 day ago
U.S. Existing Home Sales Drop Below 4.0 Mln For First Time Since June 2025

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 | 2 days ago
U.S. Producer Prices Increase 0.4% In August, In Line With Estimates

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 | 2 days ago
U.S. Jobless Claims Unexpectedly Edge Down To 206,000

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 | 2 days ago