- Wednesday, 23 November 2016
- News
Durable Goods Orders surged 4.8%
Orders for U.S. business equipment climbed in October for the fourth month in the last five and sales also advanced, indicating corporate investment may be starting to thaw. Bookings for non-military capital goods excluding aircraft -- a proxy for future spending on items like computers, engines and communications gear -- rose 0.4 percent, Commerce Department data showed Wednesday. The median forecast of economists surveyed by Bloomberg called for a 0.3 percent gain. Demand for all durable goods -- items meant to last at least three years -- jumped 4.8 percent on a surge in orders for commercial aircraft.
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- Thursday, 17 November 2016
- News
US CPI increased by 0.4%
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in October on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 1.6 percent before seasonal adjustment. As in September, increases in the shelter and gasoline indexes were the main causes of the rise in the all items index. The gasoline index rose 7.0 percent in October and accounted for more than half of the increase in the all items index. The shelter index increased 0.4 percent for the second straight month.
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- Thursday, 10 November 2016
- News
Unemployment Claims at 254,000
In the week ending November 5, the advance figure for seasonally adjusted initial claims was 254,000, a decrease of 11,000 from the previous week's unrevised level of 265,000. The 4-week moving average was 259,750, an increase of 1,750 from the previous week's revised average. The previous week's average was revised up by 250 from 257,750 to 258,000. There were no special factors impacting this week's initial claims. This marks 88 consecutive weeks of initial claims below 300,000, the longest streak since 1970.
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- Thursday, 27 October 2016
- News
Durable Goods Orders down by 0.1%
Orders for U.S. business equipment fell in September by the most in seven months, indicating corporate investment is having trouble gaining traction. Bookings for non-military capital goods excluding aircraft dropped 1.2 percent, erasing a 1.2 percent August gain that was stronger than previously reported, Commerce Department data showed Thursday. The median forecast of economists surveyed by Bloomberg called for a 0.1 percent drop. Demand for all durable goods eased 0.1 percent. Read more...
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