Labor market strength eased during November. Nonfarm payrolls increased 155,000 (1.7% y/y) after a 237,000 rise during October, revised from 250,000. September's gain was raised to 119,000 from 118,000. The November increase fell [...]
Global| Dec 07 2018U.S. Employment and Earnings Gains Weaken Unexpectedly
by:Tom Moeller
|in:Economy in Brief
Global| Dec 07 2018U.S. Consumer Credit Usage Expands
Consumer credit outstanding increased $25.38 billion during October following an $11.57 billion September rise, revised from $10.93 billion. A $17.00 billion gain had been expected in the Action Economics Forecast Survey. During the [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 07 2018U.S. Employment and Earnings Gains Weaken Unexpectedly
Labor market strength eased during November. Nonfarm payrolls increased 155,000 (1.7% y/y) after a 237,000 rise during October, revised from 250,000. September's gain was raised to 119,000 from 118,000. The November increase fell [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 07 2018German IP Takes Surprising October Slip
Germany's industrial production slowed to a gain of only 0.1% in September then dropped by 0.5% in October. The string of growth rates from 12-months to six-months to three-months also trace a legacy of losing as the 12-month gain is [...]
Global| Dec 07 2018Wholesale Inventories Grow While Sales Decline
Wholesale inventories increased 0.8% month-on-month (6.9% year-over-year) during October following an upwardly revised 0.7% gain in September. The advance report issued last week reported 0.7% growth in October, while the Informa [...]
Global| Dec 07 2018U.S. Employment and Earnings Gains Weaken Unexpectedly
Labor market strength eased during November. Nonfarm payrolls increased 155,000 (1.7% y/y) after a 237,000 rise during October, revised from 250,000. September's gain was raised to 119,000 from 118,000. The November increase fell [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 07 2018U.S. Employment and Earnings Gains Weaken Unexpectedly
Labor market strength eased during November. Nonfarm payrolls increased 155,000 (1.7% y/y) after a 237,000 rise during October, revised from 250,000. September's gain was raised to 119,000 from 118,000. The November increase fell [...]
by:Tom Moeller
|in:Economy in Brief
Global| Dec 06 2018U.S. Productivity Revised Slightly Higher in Q3; Unit Labor Costs Lower
Output per hour in the nonfarm business sector was revised up to a 2.3% gain at a seasonally adjusted annual rate in Q3'18 (1.3% year-over-year), from the previously reported 2.2% increase. In Q2 productivity growth remained at a 3.0% [...]
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