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Initial jobless claims in the US fell by 16,000 to 199,000 in the week ending December 27, a typically volatile period due to the holiday season, and well below market expectations of 220,000. The reading marked the lowest level since January, excluding the seasonally volatile Thanksgiving week,...
US job growth remained sluggish in November and the unemployment rate rose to a four-year high, pointing to a continued cooling in the labor market after a weak October. Nonfarm payrolls increased 64,000 in November after declining 105,000 in October, according to Bureau of Labor Statistics...
The latest survey data from the US Bureau of Labor Statistics has reported an increase in JOLTs Job Openings, a key indicator of the health of the US job market. The actual number of job openings has reached 7.658 million, significantly exceeding the forecasted figure of 7.200 million. In...
The ISM Manufacturing PMI for the US fell to 48.2 in November 2025, the lowest in four months, compared to 48.7 in September and below forecasts of 48.6. The reading showed that the manufacturing sector contracted for the ninth consecutive month and at a faster pace, led by pullbacks in supplier...
The ISM Services PMI rose to 52.4 in October 2025 from 50 in September, beating forecasts of 50.8, pointing to the strongest expansion in the services sector since February. Both business activity (54.3 vs 49.9) and new orders (56.2 vs 50.4) rebounded while the continued contraction in employmet...
The economic activity in the United States' (US) manufacturing sector continued to contract in October, with the Institute for Supply Management's (ISM) Manufacturing Purchasing Managers' Index (PMI) dropping to 48.7 from 49.1 in September. This reading came in weaker than the market expectation...
The business activity in the US service sector stagnated in September, with the Institute for Supply Management's (ISM) Services Purchasing Managers Index (PMI) declining to 50 from 52 in August. This reading came in below the market expectation of 51.7. The Employment Index of the PMI survey...
The Institute for Supply Management’s (ISM) data showed the Manufacturing PMI edging higher to 49.1 in September, up from 48.7 in August and slightly above analysts’ expectations of 49. Meanwhile, the Prices Paid Index, which tracks inflation, retreated to 61.9 from 63.7, the Employment Index...
The number of job openings on the last business day of August stood at 7.22 million, the US Bureau of Labor Statistics (BLS) reported in the Job Openings and Labor Turnover Survey (JOLTS) on Tuesday. This reading followed the 7.2 million openings reported for July and came in above the market...
According to a report from the US Department of Labor released on Thursday (September 25), the number of Americans filing new applications for unemployment insurance rose to 218k for the week ending September 21. This latest figure is higher than expected and lower than the 232k in the previous...
The University of Michigan consumer sentiment for the US dropped to 55.4 in September 2025, down from 58 in August and well below market expectations of 58, according to preliminary estimates. This marked the second consecutive monthly decrease, pushing sentiment to its lowest level since May....
The US Bureau of Labor Statistics reported on Tuesday that the preliminary estimate of the Current Employment Statistics (CES) national benchmark revision to total Nonfarm employment for March 2025 is -911,000, or -0.6%. The United States (US) Bureau of Labor Statistics (BLS) will publish the...
The U.S. economy added fewer jobs than anticipated in August, possibly bolstering the case for the Federal Reserve to slash interest rates at its next policy meeting later this month. Data from the Labor Department’s Bureau of Labor Statistics showed that nonfarm payrolls came in at 22,000 last...
The University of Michigan consumer sentiment for the US dropped to 58.2 in August of 2025 from the five-month high of 61.7 in the previous month, revised down from the preliminary estimate of 58.6 and well under the initial market expectations of 62. It was the first drop in the sentiment gauge...
Pending home sales in the United States fell by 0.4% from the previous month in July of 2025, extending the 0.8% drop in the previous month to mark the first back-to-back contraction since January. Pending home sales were lower in the Northeast (-0.6%), the Midwest (-4.0%), and the South (-0.1%),...
The Conference Board's measure of consumer confidence fell to 97.4 in August from 98.7 in July, compared with a larger decrease expected to a reading of 96.5 in a survey compiled by Bloomberg as of 7:30 am ET. The present situation reading decreased to 131.2 from 132.8, while the expectations...
The latest report on Durable Goods Orders has been released, revealing a decline of 2.8%. This metric measures the change in the total value of new orders for long-lasting manufactured goods, including transportation items. It serves as a crucial indicator of the health of the manufacturing sector...
Sales of new single-family homes in the United States eased by 0.6% from the previous month to a seasonally adjusted annualized rate of 652,000 units in July of 2025, trimming the revised 4.1% increase in the earlier period and above market expectations of a 630,000 sold homes. Regionally, sales...
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 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...
