U.S. Weekly Jobless Claims Unexpectedly Decrease
(RTTNews) - A report released by the Labor Department on Thursday showed an unexpected decline in first-time claims for U.S. unemployment benefits in the week ended September 12th.
The Labor Department said initial jobless claims fell to 196,000, a decrease of 10,000 from the previous week's unrevised level of 206,000. Economists had expected jobless claims to inch up to 208,000.
The report said the less volatile four-week moving average also slipped to 203,250, a decrease of 2,750 from the previous week's unrevised average of 206,000.
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Philly Fed Index Pulls Back Much Less Than Expected In September
The Federal Reserve Bank of Philadelphia released a report on Thursday showing a smaller-than-expected pullback by its reading on regional manufacturing activity in the month of September.
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1h 15min ago
U.S. Housing Starts Unexpectedly See Further Downside In August
New residential construction in the U.S. unexpectedly saw further downside in the month of August, according to a report released by the Commerce Department on Thursday.
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1h 20min ago
Fed Raises Interest Rates For First Time Since July 2023
For the first time since July of 2023, the Federal Reserve announced on Wednesday that it has decided to raise interest rates. The Fed said it decided to raise the target range for the federal funds rate by 25 basis points to 3.75 to 4 percent in support of its dual mandate.
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19h 41min ago
U.S. Business Inventories Climb Much More Than Expected In July
A report released by the Commerce Department on Wednesday showed business inventories in the U.S. increased by much more than expected in the month of July. The Commerce Department said business inventories climbed by 0.8 percent in July following a revised 0.1 percent uptick in June. Economists had expected business inventories to rise by 0.3 percent.
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23h 18min ago
U.S. Housing Market Index Pulls Back To One-Year Low In September
Homebuilder sentiment in the U.S. has deteriorated by much more than anticipated in the month of September, according to a report released by the National Association of Home Builders on Wednesday. The report said the NAHB/Wells Fargo housing market index fell to 32 in September after inching up to 35 in August. Economists had expected the index to edge down to 34.
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23h 27min ago
U.S. Import Prices Rebound More Than Expected In August
A report released by the Labor Department on Wednesday showed import prices in the U.S. increased by much more than expected in the month of August. The Labor Department said import prices climbed by 0.7 percent in August after falling by a revised 0.3 percent in July.
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23h 42min ago
U.S. Retail Sales Jump 1.2% In August, Much More Than Expected
Retail sales in the U.S. shot up by much more than expected in the month of August, according to a report released by the Commerce Department on Wednesday. The Commerce Department said retail sales jumped by 1.2 percent in August after falling by a revised 0.5 percent in July. Economists had expected retail sales to increase by 0.7 percent.
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23h 57min ago
U.S. Import Prices Climb Much More Than Expected In August
A report released by the Labor Department on Wednesday showed import prices in the U.S. increased by much more than expected in the month of August.
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1 day ago
