For the second consecutive month, orders for long lasting factory goods made in the United States fell, fresh figures from the US Census Bureau revealed on Wednesday.
New US single-family home sales rose more than expected in June, fresh figures from the US Census Bureau showed on Tuesday
Official figures from the US Department of Labor showed on Thursday that the number of Americans filing for government unemployment benefits in the week ended July 16 dropped to 253,000 from 254,000 registered in the previous seven days, signalling that the labor market continues to improve.
Official figures from the US Department of Labor showed on Thursday that the number of Americans filing for government unemployment benefits in the week ended July 16 dropped to 253,000 from 254,000 registered in the previous seven days, signalling that the labor market continues to improve.
Official figures from the US Department of Labor showed on Thursday that the number of Americans filing for government unemployment benefits in the week ended July 16 dropped to 253,000 from 254,000 registered in the previous seven days, signalling that the labor market continues to improve.
US housing starts and building permits rose in June, a sign that the country's housing market remained on solid footing at the end of the second quarter.
US housing starts and building permits rose in June, a sign that the country's housing market remained on solid footing at the end of the second quarter.
US industrial production rose more than expected in June on large gains in automotive manufacturing and utility output, reported the Federal Reserve, a sign that the economy was regaining momentum at the end of the second quarter.
US industrial production rose more than expected in June on large gains in automotive manufacturing and utility output, reported the Federal Reserve, a sign that the economy was regaining momentum at the end of the second quarter.
The number of Americans filing unemployment benefits remains unchanged compared to the previous week, demonstrating the lowest level since April, giving a hint that labour market started to recover amid a shaky global economy.
The U.S. labour market continued to slow in June but at a more moderate pace as the economy moved closer to full employment, according to an index prepared by the Federal Reserve.
The U.S. labour market continued to slow in June but at a more moderate pace as the economy moved closer to full employment, according to an index prepared by the Federal Reserve.
The U.S. labour market continued to slow in June but at a more moderate pace as the economy moved closer to full employment, according to an index prepared by the Federal Reserve.
On Friday, the US jobs market was surprised by positive economic data which expanded during the previous month, allaying fears that the economy was exposed for a sustained slowdown after a moderate start of this year.
The number of Americans filing unemployment benefits unexpectedly plunged last week, to the lowest level since April, giving a hint that labour market started to recover amid a shaky global economy.
Good news from the American side, the services sector activity advanced during the previous month from lows where it had been settling during more than two years. Moreover, data managed to beat significantly consensus expectations.
The new orders for US manufactured goods declined 1.0% in May following a revised 1.8% advance during the previous month, being a slightly steeper decrease than the 0.8% consensus forecast.
Factories across the US reported on a strong jump in production during June, being spurred by a accelerated foreign demand for US goods.
Factories across the US reported on a strong jump in production during June, being spurred by a accelerated foreign demand for US goods.
The number of Americans filing for unemployment benefits rose last week, but remained below a level associated with a healthy labour market.
According to the official data, the US consumer spending and core PCE prices advanced in line with economists' expectations in May.
Activity in the US services sector remained tepid in June, suggesting that the economy's underlying rate of growth remains lowly and that a rate hike may not be on the cards too soon.
Activity in the US services sector remained tepid in June, suggesting that the economy's underlying rate of growth remains lowly and that a rate hike may not be on the cards too soon.
On Friday the US Durable and Core Durable Goods Orders were released, both failing to meet expectations. The Durable Goods Orders dropped 2.2% in May, while the forecast stood at a 0.5% decline. At the same time, the April's reading was revised down from 3.4% to 3.3%, contributing to the negative effect the actual weak reading had.