• Seasonally adjusted state initial claims declined to 860,000 in the week ending September 12. Not seasonally adjusted state initial jobless claims down to 790,021. • While all measures of state initial claims are at their lowest [...]
Global| Sep 17 2020U.S. Initial Jobless Claims Decline; Continuing Claims Range-bound
Global| Sep 17 2020Philadelphia Fed Manufacturing Index Slips but Underlying Details Stronger
• Headline index slipped to 15.0 in September from 17.2. • But underlying details were noticeably stronger, particularly shipments. • Expectations rebound sharply. The Federal Reserve Bank of Philadelphia reported that its General [...]
by:Sandy Batten
|in:Economy in Brief
Global| Sep 17 2020Philadelphia Fed Manufacturing Index Slips but Underlying Details Stronger
• Headline index slipped to 15.0 in September from 17.2. • But underlying details were noticeably stronger, particularly shipments. • Expectations rebound sharply. The Federal Reserve Bank of Philadelphia reported that its General [...]
by:Sandy Batten
|in:Economy in Brief
Global| Sep 17 2020Philadelphia Fed Manufacturing Index Slips but Underlying Details Stronger
• Headline index slipped to 15.0 in September from 17.2. • But underlying details were noticeably stronger, particularly shipments. • Expectations rebound sharply. The Federal Reserve Bank of Philadelphia reported that its General [...]
by:Sandy Batten
|in:Economy in Brief
Global| Sep 17 2020Philadelphia Fed Manufacturing Index Slips but Underlying Details Stronger
• Headline index slipped to 15.0 in September from 17.2. • But underlying details were noticeably stronger, particularly shipments. • Expectations rebound sharply. The Federal Reserve Bank of Philadelphia reported that its General [...]
by:Sandy Batten
|in:Economy in Brief
Global| Sep 17 2020U.S. Housing Starts Decline in August as Multi-Family Weakens
• New home building declined m/m but remained higher y/y. • Building permits eased. Housing starts declined 5.1% (+2.8% y/y) during August to 1.416 million (SAAR) from 1.492 million during July, revised from 1.496 million. The decline [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 16 2020FOMC Leaves Fed Funds Rate Near Zero, Citing Coronavirus Effects
The Federal Reserve left the target for the Fed funds rate in a range of 0.00% to 0.25% at today's meeting of the FOMC. The Fed indicated that it will maintain this target range until the economy "is on track to achieve its maximum [...]
by:Tom Moeller
|in:Economy in Brief
Global| Sep 16 2020FOMC Leaves Fed Funds Rate Near Zero, Citing Coronavirus Effects
The Federal Reserve left the target for the Fed funds rate in a range of 0.00% to 0.25% at today's meeting of the FOMC. The Fed indicated that it will maintain this target range until the economy "is on track to achieve its maximum [...]
by:Tom Moeller
|in:Economy in Brief
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