The personal consumption expenditures price index, the Federal Reserve’s favorite inflation metric, was unchanged on the month, while the core measure rose by 0.2%. … READ MORE >
continuing claims
Durable goods and jobless claims offer a mixed picture of the economy
Overall orders for durable goods fell by 5.4% in October, led by a 49.6% decline in nondefense aircraft because of a drop in Boeing orders. … READ MORE >
Industrial production posts biggest drop this year amid strikes
Production of motor and vehicle parts fell by 10% in October, marking the biggest drop since the beginning of the pandemic. … READ MORE >
Initial jobless claims ease amid broader signs of a softening labor market
Continuing claims—a measure of longer-term disruption in the labor market—increased for the seventh straight week to 1.83 million, near the recent high in April. … READ MORE >
Initial jobless claims edge up as labor market remains strong
New claims for jobless benefits rose to 217,000 last week, yet they remained below the pre-pandemic level. … READ MORE >
August retail sales and producer inflation show a hot summer finish
Retail sales and producer inflation came in significantly higher than expected, while initial jobless claims were lower than the market consensus. … READ MORE >
U.S. economy was a lot stronger in first quarter, final GDP estimate shows
The third and final estimate of gross domestic product showed a drastic upward revision to a 2.0% gain from 1.3% on a quarterly and annualized basis. … READ MORE >
Initial jobless claims spike to highest since 2021
Total new filings for jobless benefits rose to 261,000 last week, the highest since October 2021, the Labor Department reported on Thursday. … READ MORE >
Initial jobless claims inch up, yet labor market remains tight
Initial jobless claims inched up by 2,000 last week to 232,000, slightly lower than expectations, according to the Labor Department on Thursday. … READ MORE >
Jobless claims and producer inflation show mixed results
Initial jobless claims rose by 9.1% last week to 264,000, the most since 2021 as producer prices rebounded in April, largely because of comparisons to the surging prices a year ago. … READ MORE >