- Thursday, 18 May 2017
- News
Unemployment Claims declined to 232,000
In the week ending May 13, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 4,000 from the previous week's unrevised level of 236,000. The 4-week moving average was 240,750, a decrease of 2,750 from the previous week's unrevised average of 243,500. The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending May 6, unchanged from the previous week's unrevised rate.
Read more...
- Wednesday, 17 May 2017
- News
Oil prices add to gains as EIA reports 6th straight weekly drop in U.S. crude supplies
Oil prices extended earlier gains Wednesday after data from the U.S. Energy Information Administration showed that domestic crude supplies fell by 1.8 million barrels for the week ended May 12. That was the sixth weekly drop in a row reported by the EIA. The American Petroleum Institute late Tuesday reported an 882,000-barrel climb, according to sources, while analysts polled by S&P Global Platts forecast a fall of 2.2 million barrels.
Read more...
- Tuesday, 16 May 2017
- News
US Industrial Production grew by 1.0%
Industrial production in April grew at the fastest monthly rate in more than three years, on the back of broad-based gains in the manufacturing sector. The Federal Reserve said Tuesday that industrial production grew 1% in April, topping the MarketWatch-compiled economist consensus for 0.5% growth. This is the fastest pace of growth since February 2014. March’s increase was revised down slightly to a 0.4% rise from an initially reported 0.5% gain. But industrial output has been up for three straight months.
Read more...
- Tuesday, 16 May 2017
- News
Housing Starts and Building Permits dropped in April
Unexpected declines in U.S. new-home construction and building permits in April indicate the market is off to a weak start this quarter, government data showed Tuesday. Residential starts fell 2.6% to 1.17 mln annualized rate (forecast was 1.26 mln), lowest since November, following revised 1.2 mln pace in the prior month. Permits decreased 2.5% to 1.23 mln annualized pace (forecast was 1.27 million) from 1.26 mln. The decline in starts was driven by a 9.2% drop in multifamily construction.
Read more...- Popular
-
UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most… -
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures… -
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports… -
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…