US Producer Prices Climb 0.6%, Adding to Inflation Concerns
Prices paid to U.S. producers accelerated in October, largely due to higher goods costs, fueling concerns about the persistence of inflationary pressures in the economy.
US Productivity Falls Most Since 1981
Productivity in the U.S. fell by the most since 1981 in the third quarter, reflecting a sharp pullback in economic growth and an increase in hours worked.
Manufacturing Growth in US Eases as Supply Chain Issues Linger
Persistent supply chain challenges continued to weigh on U.S. manufacturers in October, lengthening supplier delivery times and bloating a measure of inventories.
US Posts Weakest GDP Growth of Pandemic Recovery
U.S. economic growth slowed more than expected in the third quarter to the softest pace of the pandemic recovery period as snarled supply chains and a surge in COVID-19 cases throttled spending and investment.
Factory Growth Unexpectedly Advances to Four-Month High
A measure of U.S. manufacturing expanded in September at the fastest pace in four months, bolstered by robust demand for factory goods and burgeoning inventory.
Retail Sales Unexpectedly Jump in Sign of Resilient Demand
U.S. retail sales rose unexpectedly in August as a pickup in purchases across most categories more than offset weakness at auto dealers, showing resilient consumer demand for merchandise.
US Companies Add Fewer Jobs Than Forecast, ADP Data Shows
U.S. companies added fewer jobs than expected in August, reflecting persistent hiring challenges and suggesting a slowdown in the labor market recovery.
Productivity Rose Less Than Forecast in Q2
Productivity in the U.S. took a step back in the second quarter, indicating an easing in the rapid pace of efficiency gains seen in the prior three months.
US Jobless Claims Rise as Labor Market Recovery Remains Choppy
Applications for U.S. state unemployment insurance unexpectedly rose last week but remained near the lowest levels of the pandemic as the labor market meanders toward full recovery.
US Jobless Claims Hit Four-Week High in Fresh Labor Setback
Applications for U.S. state unemployment insurance jumped to a four-week high, indicating the labor market is suffering fresh setbacks even as the coronavirus pandemic shows signs of ebbing.