Jobless Claims Rise More Than Expected From 48-Year Low
U.S. filings for unemployment benefits rose by more than anticipated from a 48-year low while continuing to signal a tight job market, Labor Department figures showed March 8.
Companies Add More Jobs Than Expected, ADP Data Show
Companies in the U.S. added more workers in February than expected, underscoring continued strengthening in the labor market, according to data released March 7 from the ADP Research Institute.
Trump’s Steel Tariffs Will Hit US Factories Already Jammed
The steel tariffs that President Donald Trump plans to impose would deal a major blow to U.S. factories, according to an official with an industry group.
Manufacturing Expands at Fastest Pace Since May 2004
U.S. factories expanded in February at the fastest rate since May 2004, indicating sustained strength in manufacturing as demand remains solid, figures from the Institute for Supply Management showed March 1.
US Fourth-Quarter Growth Revised Down to 2.5% Annual Pace
The U.S. economy’s growth rate last quarter was revised slightly downward as inventories subtracted more than previously estimated, Commerce Department data showed Feb. 28.
Orders for Business Equipment Unexpectedly Fell in January
Orders for business equipment at U.S. factories unexpectedly fell for a second month, a sign that demand is cooling from its hot pace in recent quarters, a Commerce Department report showed Feb. 27.
Jobless Claims at Five-Week Low Amid Tight Labor Market
U.S. filings for unemployment benefits fell to a five-week low, suggesting tightening in a labor market already operating near full capacity, Labor Department figures showed Feb. 22.
Consumer Prices Top Forecasts, Sending Markets Tumbling
U.S. consumer prices rose by more than projected in January as apparel costs jumped the most in nearly three decades. The report sent Treasuries and stocks tumbling, as it added to concerns about an inflation pickup that have roiled financial markets this month.
Productivity Fell Last Quarter to Extend Sluggish Run
Productivity in the U.S. unexpectedly fell for the first time since early 2016 as working hours slightly outpaced output, underscoring a sluggish pace of efficiency gains during this expansion, a Labor Department report showed Feb. 1.
Companies Add More Jobs Than Forecast, ADP Data Show
Companies in the U.S. added more workers in January than projected, indicating the labor market remains healthy, according to data released Jan. 31 from the ADP Research Institute.