Tuesday, 13 May 2025 10:08 WIB | Economy
The U.S.-China deal to lower the most aggressive import tariffs between the world’s two largest economies could lessen the impact of their trade war, though the levies left in place are still steep and will leave a mark on the economy, Federal Reserve officials said on Monday.
Federal Reserve...
Thursday, 28 November 2024 05:03 WIB | Economy
The personal consumption expenditure price index in the US increased 0.2% month-over-month in October 2024, the same as in September and in line with expectations.
Service prices rose by 0.4%, while goods prices decreased 0.1%. The core PCE index, excluding food and energy, rose 0.3%, also the...
Wednesday, 14 August 2024 02:40 WIB | Root
U.S. producer prices growth slowed more than expected on an annual basis in July, in the latest sign of cooling inflationary pressures in the world's largest economy.
The producer price index for final demand grew 2.2% annually last month, a fall from a revised 2.7% in June, according to Labor...
Friday, 1 March 2024 03:29 WIB | Root
US initial jobless claims rose to 215,000 in the week ended Feb. 24 from an upwardly revised 202,000 level in the previous week, compared with expectations for a smaller increase to 210,000 in survey of analysts compiled by Bloomberg as of 7:35 am ET.
The four-week moving average fell by 3,000 to...
Saturday, 20 January 2024 04:55 WIB | Root
US consumer sentiment soared in early January to the highest since 2021, far exceeding expectations, as short-term inflation expectations slipped to a three-year low.
The University of Michigan’s consumer sentiment index rose 9.1 points to 78.8, the biggest monthly advance since 2005....
Friday, 19 January 2024 03:28 WIB | Root
Layoffs stay near record low even as hiring slows
The number of Americans who applied for unemployment benefits in mid-January fell to 187,000 and touched the lowest level in 16 months, showing that layoffs remain near record lows.
New jobless claims declined by 16,000 from a revised 203,000 in...
Wednesday, 17 January 2024 03:33 WIB | Root
Manufacturing activity again declined sharply in New York State this month, according to a survey published Tuesday, as firms set out a gloomier vision of their business conditions.
The Empire State Manufacturing Survey's general business index fell a massive 29 points to minus 43.7 in January,...
Saturday, 23 December 2023 05:02 WIB | Root
US new-home sales unexpectedly slumped in November, led by a sharp drop in the South and suggesting a bumpy road to recovery for the housing market.
Purchases of new single-family homes decreased 12.2% to a 590,000 annual pace last month, a one-year low, government figures showed...
Wednesday, 4 October 2023 03:51 WIB | Root
US job openings unexpectedly increased in August, fueled by a surge in white-collar postings, highlighting the durability of labor demand.
The number of available positions increased to 9.61 million from a revised 8.92 million in July, the Bureau of Labor Statistics’ Job Openings...