Initial claims for unemployment insurance rose to 372,000 (2.8% y/y) during the week ended December 29 from 362,000 during the week prior, revised from 350,000. Consensus expectations were for 355,000 claims. The four week moving [...]
Global| Jan 03 2013U.S. Initial Jobless Insurance Claims Move Slightly Higher
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 03 2013
U.S. Payrolls Show A Surprisingly Firm Increase in ADP Survey
Private sector payrolls jumped 215,000 last month according to the ADP/Moody's National Employment Report. The gain followed an upwardly revised 148,000 November increase and easily outpaced consensus expectations for a 135,000 rise, [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 02 2013
U.S. Construction Spending Is Depressed by Hurricane Sandy
Construction activity suffered in the wake of Hurricane Sandy. The value of construction put-in-place fell 0.3% during November after a downwardly revised 0.7% October increase. The decline compared to consensus expectations for a [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Jan 02 2013
EMU PMIs Drop Harder the Year Ahead of Surviving Dangerously
MFG PMIs continued to slip in December despite some hope that there might be a bounce. Four of nine nations in the table saw a minor bounce in December but the weighted EMU overall index fell. The German index fell, too. Improving [...]
- Global| Jan 02 2013
U.S. ISM Factory Index Posts A Limp Gain From Recovery Low; Pricing Power Increases Slightly
Factory sector activity posted a modest recovery last month following several months of downward pressure. The Institute for Supply Management reported that its December composite index of manufacturing activity rose to 50.7 from an [...]
by:Tom Moeller
|in:Economy in Brief
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