US economy »

  • H.S. Borji

    The US manufacturing industry weakened further in November, as output and new order growth softened as a result of declining export sales, suggesting global headwinds were beginning to weigh on US business. Markit Group’s flash estimate of US manufacturing activity was 54.7 in November, down from the previous month’s reading of 55.9. A median estimate

  • H.S. Borji

    US industrial production dropped unexpectedly in October, as declines in mining and utilities outweighed gains in manufacturing in the latest sign production was facing pressure at the start of the fourth quarter. Total industrial production declined 0.1 percent in October following a downwardly revised gain of 0.8 percent in September, the Board of Governors of

  • H.S. Borji

    US wholesale inventories rose faster than forecast in September, a sign businesses were restocking their shelves at a faster pace to keep up with higher demand. Wholesale inventories climbed 0.3 percent in September to $538.8 billion, following a downwardly revised gain of 0.6 percent a month earlier, the Commerce Department reported today in Washington. Economists

  • H.S. Borji

    New orders for US factory goods declined further in September, falling for a second consecutive month as the market continued to moderate from July’s record high. US factory orders declined 0.6 percent to $499.4 billion in September, matching forecasts, the Commerce Department reported today in Washington. The August decline was revised to 10 percent from

  • H.S. Borji

    The US economy grew faster than forecast in the third quarter, as gains in business investment, military spending and export sales continued to support expectations for a faster recovery. US gross domestic product grew at an annual rate of 3.5 percent in the three months through September, following a 4.6 percent annual growth rate in

  • H.S. Borji

    The US manufacturing industry fell to a three-month low October, as new business growth weakened to its lowest level since January, while the pace of employment growth remained steady. Markit Group’s flash estimate of US manufacturing activity was 56.2 in October, down from the previous month’s reading of 57.5. A median estimate of economists called

  • H.S. Borji

    The number of Americans filing for first-time unemployment benefits declined last week to the lowest level in 14 years, raising optimism about the US economy amid growing concerns about a global downturn. US jobless claims declined 23,000 to 302,000 last week, the Labor Department reported today in Washington. That was the lowest level since April

  • H.S. Borji

    US small business sentiment declined in September amid expectations for a slowdown in sales and more difficulty filling job openings, signs the US economy was struggling to maintain momentum at the end of the third quarter. The business optimism index declined 0.8 points in September to 95.3, the National Federation of Independent Business reported today.

  • H.S. Borji

    US employers added more than 200,000 jobs in September for the seventh time in eight months, adding further evidence the labour market recovery was deepening in the second half of the year in what has been described as remarkable period of job growth. The US economy added 248,000 nonfarm payrolls in September, following an upwardly

  • James Boston
    Forex » US Consumer Confidence Rises
    James Boston - September 12, 2014, 17:36 GMT

    As the US economy heads for growth in the region of 3.5% this year there has been a broad update in economic statistics today that largely confirm everything remains on track. The headline metric is the Reuters Michigan Consumer Sentiment Index, the preliminary September number has just been announced as 84.6, this reflects a rise

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