March proved challenging for the housing market, as sales of existing homes plummeted by 4.3%, marking the steepest drop since November 2022. … READ MORE >
initial jobless claims
Initial claims reflect remarkable job security in American economy
First-time claims increased to 221,000 from an upwardly revised 212,000 during the previous week. … READ MORE >
Initial jobless claims fall to lowest in a month
New claims fell by 12,000 to 201,000 for the week ending Feb. 17, according to the Labor Department’s data on Thursday. … READ MORE >
Initial jobless claims and housing starts post upside surprises
Filings for jobless benefits fell last week to the lowest level in 16 months, a testament for how resilient the labor market continues to be. … READ MORE >
Initial jobless claims remain resilient
Initial jobless claims inched up slightly to 220,000 last week, remaining within the pre-pandemic level, the Labor Department reported on Thursday. … READ MORE >
Inflation slows again, pointing to another rate pause
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 >
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 >