Expansion in factory sector activity continued during November, as indicated by the Composite Index from the Institute for Supply Management. It slipped to 56.6 from 56.9 in October but the latest was the highest level since May. The [...]
Global| Dec 01 2010U.S. ISM Factory Sector Index Slips But Indicates Positive Growth
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2010
U.S. Challenger Layoffs Again Rise Just Slightly But Hiring Plans Slack Off
The outplacement firm of Challenger, Grey & Christmas indicated that the level of layoffs during November again increased slightly to 48,711. The level was the least since March. Planned layoffs announced during the first eleven [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 01 2010
German Retail Sales Jump to Get Back to Zero
German retail sales fell in August plummeted in September then ratcheted higher in October leaving the growth of retail sales at zero over three months. Over six months and 12-months the rate is the same at just below a pace of 4%. In [...]
- Global| Dec 01 2010
ADP Report Indicates Firmest Job Growth Since 2007
In its latest National Employment Report, the payroll processor, Automatic Data Processing (ADP), indicated that the level of private nonfarm payrolls rose 93,000 m/m during November. Upward revisions to earlier monthly figures show [...]
by:Tom Moeller
|in:Economy in Brief
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