logo

US Economic News

Share

non farm productivity2 080922 A report released by the Labor Department on Tuesday showed U.S. labor productivity continued to slump in the second quarter of 2022, while labor costs continued to soar. The Labor Department said labor productivity tumbled by 4.6 percent in the second quarter after plummeting by a revised 7.4 percent in the first quarter.

A report released by the Labor Department on Tuesday showed U.S. labor productivity continued to slump in the second quarter, while labor costs continued to soar.

nonfarm payroll 080522 Employment in the U.S. jumped by much more than expected in the month of July, according to a closely watched report released by the Labor Department on Friday. The report showed non-farm payroll employment spiked by 528,000 jobs in July after surging by an upwardly revised 398,000 jobs in June.

Employment in the U.S. jumped by much more than expected in the month of July, according to a closely watched report released by the Labor Department on Friday.

trade deficit2 080422 Reflecting a jump in exports and a modest decrease in imports, the Commerce Department released a report on Thursday showing the U.S. trade deficit narrowed by more than expected in the month of June. The report showed the trade deficit narrowed to $79.6 billion in June from a revised $84.9 billion in May.

jobless claims 080422 A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended July 30th.

Reflecting a jump in exports and a modest decrease in imports, the Commerce Department released a report on Thursday showing the U.S. trade deficit narrowed by more than expected in the month of June.

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended July 30th.

factory orders2 080322 New orders for U.S. manufactured goods showed a significant increase in the month of June, according to a report released by the Commerce Department on Wednesday. The report showed factory orders shot up by 2.0 percent in June after surging by an upwardly revised 1.8 percent in May.

ism services 080322 A report released by the Institute for Supply Management on Wednesday showed an unexpected acceleration in the pace of growth in U.S. services sector activity in the month of July. The ISM said its services PMI rose to 56.7 in July from 55.3 in June, with a reading above 50 indicating growth in the sector.

Follow RTT