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👤Arthur Greene
🕔December 16, 2016
Annualized consumer price inflation (CPI) continued to push higher in November as expected, though core inflation unexpectedly held steady, official data showed on Thursday.
U.S. consumer prices moderated in November, but the underlying trend continued to point to firming inflation pressures amid rising rents, which could support more interest rate increases from the Federal Reserve next year.…
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👤Arthur Greene
🕔December 13, 2016
U.S. import prices recorded their biggest drop in nine months in November on declining petroleum costs, with renewed dollar strength threatening to keep imported inflation subdued.
The Labor Department said on Tuesday import prices fell 0.3 percent last month after a downwardly revised 0.4 percent gain in October.…
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👤Arthur Greene
🕔December 10, 2016
The University of Michigan said Friday its preliminary reading of consumer sentiment rose to 98.0 in December, from November’s final reading of 93.8. It is up 5.8% from December 2015.
The index rose for the second straight month, a sustained uptick in sentiment just in time for a critical period for retailers.…
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👤Arthur Greene
🕔December 8, 2016
In the week ending December 3, the advance figure for seasonally adjusted initial claims was 258,000, a decrease of 10,000 from the previous week’s unrevised level of 268,000. The 4-week moving average was 252,500, an increase of 1,000 from the previous week’s unrevised average of 251,500.…
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U.S Non-Farm Payroll Job Rise In November
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👤Arthur Greene
🕔December 4, 2016
U.S. employers hired at a steady clip in November while the unemployment rate fell to the lowest level in nine years, signs of enduring labor market growth that will likely leave Federal Reserve officials on track to raise interest rates later this month.…
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U.S Weekly Initial Unemployment Claims Intensifies
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👤Arthur Greene
🕔December 1, 2016
The number of Americans filing for unemployment benefits rose more than expected last week, hitting their highest level in five months, but the underlying trend remained consistent with a strengthening labor market.
In the week ending November 26, the advance figure for seasonally adjusted initial claims was 268,000, an increase of 17,000 from the previous week’s unrevised level of 251,000.…
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👤Arthur Greene
🕔December 1, 2016
November data pointed to a sustained acceleration in U.S. manufacturing growth, with production volumes and incoming new work both rising at the fastest pace since March 2015. Stronger demand patterns, especially from domestic clients, resulted in greater input buying and increased payroll numbers across the manufacturing sector.…
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👤Arthur Greene
🕔November 24, 2016
The U.S. Census Bureau and the Department of Housing and Urban Development reported on Wednesday morning that sales of new homes in October slipped to a seasonally adjusted annual rate of 563,000, a decrease of 1.9% below the revised September rate of 574,000 and an increase of 17.8% compared with the October 2015 rate of 478,000.…
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👤Arthur Greene
🕔November 17, 2016
U.S unemployment benefits unexpectedly decreased in the week ended November 12th, according to a report released by the Labor Department on Thursday, with claims falling to their lowest level in over forty years.
The report said initial jobless claims fell to 235,000, a decrease of 19,000 from the previous week’s unrevised level of 254,000.…
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U.S CPI Rise 0.4% In October
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👤Arthur Greene
🕔November 17, 2016
The U.S consumer-price index accelerated in October for the third-straight month largely due to rising energy costs, the latest sign inflation pressures in the economy are firming. The U.S consumer price index rose 0.4% in October with the annual inflation rate at 1.6% from 1.2% previously and this increase was in line with market expectations.…
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