logo

US Economic News

Share SHARE

UnemploymentRate-120216.jpg Employment in the U.S. increased by a little more than economists had been anticipating in the month of November, according to a report released by the Labor Department on Friday. The report said non-farm payroll employment climbed by 178,000 jobs in November following a downwardly revised increase of 142,000 jobs in October.

Employment in the U.S. increased by a little more than economists had been anticipating in the month of November, according to a report released by the Labor Department on Friday.

ConstructionSpending-120116.jpg Reflecting a jump in spending on private construction, the Commerce Department released a report on Thursday showing that U.S. construction spending increased in line with economist estimates in the month of October. The report said construction spending climbed 0.5 percent to an annual rate of $1.173 trillion in October from the revised September estimate of $1.167 trillion.

ISM-PMI-120116.jpg Indicating a faster rate of growth in U.S. manufacturing activity in the month of November, the Institute for Supply Management released a report on Thursday showing a bigger than expected increase by its index of manufacturing activity.

JoblessClaims-120116.jpg A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing that first-time claims for U.S. unemployment benefits climbed to a five-month high in the week ended November 26th.

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing that first-time claims for U.S. unemployment benefits climbed to a five-month high in the week ended November 26th.

FederalRerserveBuilding-113016.jpg With the Federal Reserve's next monetary policy meeting two weeks away, the central bank released its Beige Book on Wednesday. The Beige Book, a compilation of anecdotal evidence on economic conditions in the twelve Fed districts, said the economy continued to expand across most regions from early...

Crude oil inventories in the U.S. slipped again last week, according to fresh government statistics released Wednesday. Meanwhile, there was an increase in stockpiles of both gasoline and distillate fuel oil.

PendingHomeSales-113016.jpg Pending home sales in the U.S. saw a slight increase in the month of October, the National Association of Realtors revealed in a report on Wednesday. NAR said its pending home sales index inched up by 0.1 percent to 110.0 in October after climbing by 1.4 percent to a revised 109.9 in September.

ChicagoPMI-113016.jpg Growth in Chicago-area business activity saw a significant acceleration in the month of November, according to a report released by MNI Indicators on Wednesday. MNI Indicators said its Chicago business barometer jumped to 57.6 in November from 50.6 in October.

personalincome-113016.jpg While a report released by the Commerce Department on Wednesday showed a bigger than expected increase in U.S. personal income in the month of October, the report also said personal spending rose by less than anticipated.

ADPdata-113016.jpg After reporting weaker than expected job growth in the previous month, payroll processor ADP released a report on Wednesday showing that U.S. private sector employment increased by much more than expected in the month of November.

While a report released by the Commerce Department on Wednesday showed a bigger than expected increase in U.S. personal income in the month of October, the report also said personal spending rose by less than anticipated.

After reporting weaker than expected job growth in the previous month, payroll processor ADP released a report on Wednesday showing that U.S. private sector employment increased by much more than expected in the month of November.

ConsumerConfidence-112916.jpg In welcome news for retailers going into the holiday shopping season, the Conference Board released a report on Tuesday showing a much bigger than expected jump in U.S. consumer confidence in the month of November. The Conference Board said its consumer confidence index surged up to 107.1 in October from an upwardly revised 100.8 in October.

Follow RTT