Economy in Brief: November 2018

The value of construction put-in-place was unchanged during September (7.2% y/y) following a 0.8% August rise, initially reported as 0.1%. A 0.2% increase had been expected in the Action Economics Forecast Survey. In the private [...]

The ISM composite index of activity in the factory sector fell to 57.7 in October from 59.8 in September. It was the lowest index level since April. A reading of 59.0 had been expected in the Action Economics Forecast Survey. During [...]

Initial claims for unemployment insurance edged down to 214,000 (-8.5% y/y) during the week ended October 27 from 216,000 in the previous week, which was revised up by 1,000. The Action Economics Forecast Survey expected a reading of [...]

Output per hour in the nonfarm business sector grew 2.2% (SAAR, 1.3% y/y) in Q3'18 following a 3.0% gain in Q2. A 2.0% rise had been expected in the Action Economics Forecast Survey. Nonfarm business output rose 4.1% (3.7% y/y) [...]