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US Services Sector Slows in July: ISM

Wednesday, 6 August 2025 04:03 WIB | Economy

The ISM Services PMI unexpectedly fell to 50.1 in July 2025 from 50.8 in June, below forecasts of 51.5. The reading showed the services sector nearly stagnated, with seasonal and weather factors having a negative impact on business. A slowdown was seen for business activity/production (52.6 vs...

U.S. Business Activity Accelerates Despite Manufacturing Retreat

Friday, 25 July 2025 03:55 WIB | Economy

U.S. business activity expanded at a faster pace in July as services-sector firms shrugged off concerns over government policies, though manufacturing activity contracted for the first time this year. The S&P Global Flash U.S. Composite PMI--a monthly gauge of activity in both the...

US S&P Global Manufacturing PMI holds at 52 in June, Services PMI declines to 53.1

Tuesday, 24 June 2025 04:23 WIB | Economy

The economic activity in the US' private sector continued to expand at a healthy pace in June, with the S&P Global Composite Purchasing Managers Index coming in at 52.8 (flash estimate), down slightly from 53 in May. In the same period, the Manufacturing PMI held steady at 52, while the...

US Jobless Claims Fall to 245,000 Less Than Expected

Thursday, 19 June 2025 02:22 WIB | Economy

The number of Americans filing for unemployment benefits fell to 245,000 in the week ended June 15, 2025. The figure was lower than the 246,000 estimate and the previous weekly revised 250,000, the Labor Department said Thursday. Source: Newsmaker23

US Retail Sales decline by 0.9% in May vs -0.7% expected

Wednesday, 18 June 2025 02:28 WIB | Economy

Retail Sales in the United States (US) declined by 0.9% in May to $715.4 billion, the US Census Bureau announced on Tuesday. This reading followed the 1.5% decrease (revised from +0.1%) recorded in April and came in worse than the market expectation for a contraction of 0.7%. On a yearly basis,...

US Job Openings Beat Forecasts

Wednesday, 4 June 2025 03:57 WIB | Economy

Job openings in the United States rose by 191,000 to 7.391 million in April 2025, above market expectations of 7.10 million. The number of job openings increased in arts, entertainment, and recreation (+43,000) and in mining and logging (+10,000). On the other hand, The number of job openings...

US Manufacturing Downturn Deepens in May

Tuesday, 3 June 2025 04:03 WIB | Economy

The ISM Manufacturing PMI in the US fell to 48.5 in May 2025 from 48.7 in April, below market expectations of 49.5. The reading marked the third consecutive month of contraction in the manufacturing sector and the sharpest decline since November 2024, highlighting mounting economic uncertainty...

Trump's renewed trade threats take aim at European Union, Apple

Saturday, 24 May 2025 04:48 WIB | Global economic

U.S. President Donald Trump threatened once again on Friday to ramp up his trade war, recommending a 50% tariff on European Union goods starting June 1 and warning Apple (AAPL.O), opens new tab he may impose a 25% tariff on any iPhones manufactured outside the U.S. The twin threats, delivered via...

US Services Activity Accelerates

Friday, 23 May 2025 04:40 WIB | Economy

The S&P Global US Services PMI rose to 52.3 in May of 2025 from the 17-month low of 50.8 in the previous month, ahead of market expectations of 50.8, according to a flash estimate. Businesses received higher amount of new orders in the period despite the aggressive drop in orders from foreign...

US Manufacturing PMI Unexpectedly Rises in May

Friday, 23 May 2025 04:17 WIB | Economy

The S&P Global Flash US Manufacturing PMI increased to 52.3 in May 2025, the highest in three months, compared to 50.2 in April and beating forecasts of 50.1. The reading signalled the strongest improvement in business conditions since June 2022, as factory production moved back into...

US manufacturing sectors slump deepens in April

Friday, 2 May 2025 03:57 WIB | Economy

U.S. manufacturing contracted further in April while tariffs on imported goods were straining supply chains, keeping prices paid for inputs elevated. The Institute for Supply Management (ISM) said on Thursday that its manufacturing PMI dropped to a five-month low of 48.7 last month from 49.0 in...

PCE Inflation Cooled in March

Thursday, 1 May 2025 04:04 WIB | Economy

Price increases subsided in March, going by the Federal Reserve's preferred metric, bringing annualized inflation closer to the central bank's target in the month before the brunt of President Trump's new tariffs took effect. The personal-consumption-expenditures price index was flat last month,...

US CB Consumer Confidence Index dropped to 86.0 in April

Wednesday, 30 April 2025 04:32 WIB | Economy

US consumer sentiment extended its decline in April, as the Conference Board’s Consumer Confidence Index fell from 93.9 (revised from 92.9) to 86.0—its weakest reading since April 2020. Consumer sentiment showed fresh signs of strain in April, as views on current business and labor market...

US Job Openings Fall to 6-Month Low

Wednesday, 30 April 2025 04:27 WIB | Economy

Job openings in the United States fell by 288,000 to 7.192 million in March 2025, the lowest in six months and well below market expectations of 7.48 million. The drop was broad-based, with the largest decreases reported for transportation, warehousing, and utilities (-59K), accommodation and...

Trump’s reciprocal tariffs harsher than expected, China among worst hit

Thursday, 3 April 2025 11:45 WIB | Global economic

President Donald Trump said Wednesday the United States will impose reciprocal tariffs of at least 10% on all imported goods, with higher reciprocal rates for some nations that will be equivalent to "half" of the rate they levy on U.S. exports. "I will sign a historic executive order instituting...

Fewer US Job Openings, Layoffs Unchanged in Slowing Labor Market

Wednesday, 2 April 2025 04:26 WIB | Economy

US job openings fell in February while layoffs remained subdued, adding to evidence of a labor market that’s only gradually cooling. The number of available positions decreased to 7.57 million from a revised 7.76 million reading in January, the Bureau of Labor Statistics Job Openings...

US Manufacturing Activity Shrinks for First Time This Year

Wednesday, 2 April 2025 04:21 WIB | Economy

US factory activity contracted in March for the first time this year and prices accelerated sharply for a second month as the drumbeat of higher tariffs reverberated through the economy. The Institute for Supply Management’s manufacturing index declined 1.3 points last month to 49,...

US ISM Manufacturing PMI surprised to the downside in February

Tuesday, 4 March 2025 05:01 WIB | Economy

Data from the Institute for Supply Management (ISM) show the Manufacturing PMI receding to 50.3 in February, down from 50.9 in the previous month and falling behind analysts’ forecasts of 50.5. Meanwhile, the Prices Paid Index—which tracks inflation—advanced to 62.4 from 54.9, the Employment...

US Manufacturing PMI exceeds expectations, indicating sector expansion

Saturday, 22 February 2025 05:11 WIB | Economy

The US Manufacturing Purchasing Managers' Index (PMI), a key indicator of economic performance in the manufacturing sector, has reported a higher than anticipated figure. The actual number came in at 51.6, exceeding both the forecasted and previous numbers. This figure was higher than the...

Services PMI dips below forecasts, signaling potential economic slowdown

Saturday, 22 February 2025 05:03 WIB | Economy

In a recent report, the Services PMI (Purchasing Managers' Index), a key indicator of economic health in the private sector, was recorded at 49.7. This figure, published monthly by Markit Economics, is significantly lower than the forecasted 53.0, indicating a potential slowdown in the...

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