Philly area manufacturing activity rises in October at slower pace

Note: This section contains information in English only.
Source: RTT News
Manufacturing activity in Philadelphia-area advanced in the month of October, although the rate of growth slowed down, a data published by the Federal Reserve of Philadelphia revealed on Thursday. According to the data, the index of current activity in the area slipped from a level of 22.3 recorded in September to 19.8 in the following month, while it was forecast to dip to 15.0 points.

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Fri, 18 Oct 2013 07:39:05 GMT

U.S. jobless claims drop in week ended October 12

First-time claims for unemployment benefits in the world's largest economy decreased on the week ended on October 12 after the figure recorded a notable increase in the week before, a report revealed by the Labor Department showed on Thursday. According to the report, U.S. jobless claims dropped by 15,000 falling from last week's 373,000 to 358,000.

Fri, 18 Oct 2013 07:16:51 GMT

China' economic growth rises first time in 3 quarters in Q3

The performance of China's economy improved when the pace of growth rose in the three months ended in September mainly due to lawmakers' efforts to restructure the economy, the latest figure released by the National Bureau of Statistics unveiled on Friday. China's gross domestic product expanded 7.8% on an annual basis in the Q3 matching preliminary projections.

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