U.S. Weekly Jobless Claims Climb To 214,000

RTTNews | 182 days ago
U.S. Weekly Jobless Claims Climb To 214,000

(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rebounded by more than expected in the week ended January 20th.

The Labor Department said initial jobless claims climbed to 214,000, an increase of 25,000 from the previous week's revised level of 189,000.

Economists had expected initial jobless claims to rise to 200,000 from the 187,000 originally reported for the previous week.

Meanwhile, the report said the less volatile four-week moving average edged down to 202,250, a decrease of 1,500 from the previous week's revised average of 203,750.

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U.S. Weekly Jobless Claims Dip To 235,000

U.S. Weekly Jobless Claims Dip To 235,000

The Labor Department released a report on Thursday showing a modest decline by first-time claims for U.S. unemployment benefits in the week ended July 20th. The report said initial jobless claims fell to 235,000, a decrease of 10,000 from the previous week's revised level of 245,000. Economists had expected jobless claims to dip to 238,000.
RTTNews | 4h 23min ago
U.S. New Home Sales Unexpectedly Decrease To Seven-Month Low In June

U.S. New Home Sales Unexpectedly Decrease To Seven-Month Low In June

The Commerce Department released a report on Wednesday unexpectedly showing a continued decrease by new home sales in the U.S. in the month of June. The report said new home sales fell by 0.6 percent to an annual rate of 617,000 in June after plummeting by 14.9 percent to a revised rate of 621,000 in May.
RTTNews | 1 day ago
U.S. Existing Home Sales Plunge To Six-Month Low In June

U.S. Existing Home Sales Plunge To Six-Month Low In June

With prices reaching a new record high, the National Association of Realtors released a report on Tuesday showing existing home sales in the U.S. plunged by more than expected in the month of June. NAR said existing home sales dove by 5.4 percent to an annual rate of 3.89 million in June after falling by 0.7 percent to a rate of 4.11 million in May.
RTTNews | 2 days ago
U.S. Leading Economic Index Dips Slightly Less Than Expected In June

U.S. Leading Economic Index Dips Slightly Less Than Expected In June

The Conference Board released a report on Thursday showing a modest decrease by its reading on leading U.S. economic indicators in the month of June. The report said the leading economic index edged down by 0.2 percent in June after falling by a revised 0.4 percent in May. Economists had expected the leading economic index to dip by 0.3 percent.
RTTNews | 7 days ago
Philly Fed Index Indicates Notable Reacceleration In Growth In July

Philly Fed Index Indicates Notable Reacceleration In Growth In July

After reporting a slowdown in the pace of regional manufacturing growth in the previous month, the Federal Reserve Bank of Philadelphia released a report on Thursday showing the pace of growth reaccelerated by much more than expected in the month of July. The Philly Fed said its diffusion index for current general activity jumped to 13.9 in July from 1.3 in June.
RTTNews | 7 days ago
U.S. Jobless Claims Climb More Than Expected To 243,000

U.S. Jobless Claims Climb More Than Expected To 243,000

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits climbed by much more than expected in the week ended July 13th. The Labor Department said initial jobless claims rose to 243,000, an increase of 20,000 from the previous week's revised level of 223,000. Economists had expected initial jobless claims to edge up to 230,000.
RTTNews | 7 days ago
Philly Fed Index Jumps Much More Than Expected In July

Philly Fed Index Jumps Much More Than Expected In July

After reporting a slowdown in the pace of regional manufacturing growth in the previous month, the Federal Reserve Bank of Philadelphia released a report on Thursday showing the pace of growth reaccelerated by much more than expected in the month of July.
RTTNews | 7 days ago