US trade deficit improves in March

Source: AP News
According to the Department of Commerce, the country's trade deficit dropped 13.9% month-on-month to $40.4 billion in the third month of the year, following February's $46.9 billion gap and posting the narrowest deficit since November 2014. Meanwhile, US exports declined 0.9% and imports slipped 3.6% to $176.6 billion and $217.1 billion respectively.
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Wed, 04 May 2016 14:47:06 GMT

US unit labour costs grow 4.1% in Q1

ULC in the United States' private sector jumped 4.1% in the first three months of the year, according to the latest data released on Wednesday. In the meantime, US hourly compensation grew 3.0% in the Q1 of 2016, whereas productivity posted a 1.0% decrease. Unit labour costs rose 2.3% over the past four quarters.

Wed, 04 May 2016 13:35:11 GMT

US private sector adds 156,000 jobs in April

US businesses added 156,000 new workers in the fourth month of the year, according to the ADP Employment Report released on Wednesday, whereas analysts expected payrolls to grow by 196,000. Meanwhile, the previous month's figure was revised downwards from 200,000 to 194,000.

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