Job growth remained weak for a second month during September. Nonfarm payrolls grew 142,000 following downwardly revised increases of 136,000 and 223,000 during the prior two months. The gains compare to a 260,000 average last year [...]
by:Tom Moeller
|in:Economy in Brief
Global| Oct 01 2015U.S. Light Vehicle Sales Continue to Improve
Strength in employment and income combined with minimal pricing power continues to generate buying at new car & truck dealerships. Total sales of light vehicles increased 2.0% during September to 18.17 million units (SAAR). Sales were [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 01 2015
U.S. Construction Spending Improvement Slows Versus A Strong Spring
The value of construction put-in-place increased 0.7% during August following a downwardly revised 0.4% rise in July. June's increase was revised higher to 0.6%. Three-month growth declined sharply to 6.8% (AR), down from 30.0% in the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 01 2015
U.S. ISM Factory Index Weakens to Two-Year Low; Prices Decline
Activity in the manufacturing sector is continuing to lose steam. The Composite Index from the Institute for Supply Management (ISM) fell to 50.2 during September following an unrevised decline to 51.1 in August. It remained the [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Oct 01 2015
Japan's Tankan Survey Tails But Holds High
Japan's Tankan survey of large, medium-sized and small firms showed a drop in its bellwether large company index of manufacturers. That index fell to 12 in Q3 2015 from 15 in Q2. The index value of 12 is below the four-quarter average [...]
Today's Labor Department report on unemployment insurance applications suggests that the job market remains firm. Initial claims rose to 277,000 (-5.3% y/y) during the week ended September 26 from an unrevised 267,000 during the prior [...]
by:Tom Moeller
|in:Economy in Brief
Today's Labor Department report on unemployment insurance applications suggests that the job market remains firm. Initial claims rose to 277,000 (-5.3% y/y) during the week ended September 26 from an unrevised 267,000 during the prior [...]
by:Tom Moeller
|in:Economy in Brief
Today's Labor Department report on unemployment insurance applications suggests that the job market remains firm. Initial claims rose to 277,000 (-5.3% y/y) during the week ended September 26 from an unrevised 267,000 during the prior [...]
by:Tom Moeller
|in:Economy in Brief
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