USA »

  • H.S. Borji

    The US manufacturing industry advanced at a strong pace in September, as a strong rise in output and new orders supported the fastest pace of employment growth in two-and-a-half years. Markit Group’s flash estimate of US manufacturing activity was 57.9 in September, unchanged from the previous month’s 52-month high. A median estimate of economists called

  • H.S. Borji

    The sale of previously-owned US homes declined unexpectedly in August after four consecutive monthly gains boosted optimism the housing recovery was finally gaining traction. Existing US home sales tumbled 1.8 percent to a seasonally adjusted annual rate of 5.05 million, following a downwardly revised gain of 2.2 percent the previous month, the National Association of

  • H.S. Borji

    US housing starts and building permits moderated more than expected in August, tempering expectations for a broad pick-up in residential real estate activity. Groundbreaking for new homes declined 14.4 percent in August to a seasonally adjusted annual rate of 956,000, following a downwardly revised gain of 1.117 million the previous month, the Commerce Department reported

  • H.S. Borji

    US industrial production declined unexpectedly in August, as manufacturing output fell for the first time since January and capacity utilization pointed to more spare resources in the industrial sector. Total industrial production declined 0.1 percent in August, following a downwardly revised gain of 0.2 percent the previous month, the Board of Governors of the Federal

  • H.S. Borji
    Forex » QSS could impact US GDP estimates
    H.S. Borji - September 10, 2014, 13:32 GMT

    The outlook on US GDP growth could shift substantially on Thursday after the Commerce Department releases its Quarterly Services Survey, which provides key revenue data for the US service economy. The report has quietly become one of the most closely monitored economic indicators, as it provides the most tangible data on consumer spending. The first

  • James Boston
    Forex » Mixed US Manufacturing Data
    James Boston - September 2, 2014, 17:29 GMT

    The headline data release out of the US today is in the form of the Institute of Supply Management’s Purchasing Managers Index (PMI) for the manufacturing sector. The reading for the month of August has come in at 59.0 compared to the level of 57.1 experienced in July, the market consensus estimate was for 56.8.

  • H.S. Borji

    US consumer confidence advanced for a fourth consecutive month, as improving business conditions and strong employment growth boosted consumers’ assessment of the current climate. The Conference Board’s monthly gauge of consumer confidence increased in August to 92.4 from 90.3. Economists forecast a slight dip to 89. The August reading was the highest since October 2007.

  • H.S. Borji

    The sale of new US homes declined unexpectedly in July, tempering expectations about a broad rebound in the housing sector at the start of the third quarter. New US home sales declined 2.4 percent to a seasonally adjusted annual rate of 412,000, the Commerce Department reported today in Washington. That follows a revised drop of

  • H.S. Borji

    The US service economy expanded at the slowest rate in three months in August, as output growth moderated from June’s multi-year high, but new business volumes remained elevated. Markit Group’s flash estimate of US service activity declined from 60.8 to 58.5. A median estimate of economists called for a decline to 59. A reading above

  • H.S. Borji

    The US manufacturing industry rebounded in August and rose to its highest level since April 2010, a sign US factories were helping to sustain the economic recovery in the third quarter. Markit Group’s flash estimate of US manufacturing activity rose 2.2 percentage points to 58. A median estimate of economists called for a slight dip

Page 2 of 391234567...Last »