labor market ile ilgili hikayeler

• German consumer prices , harmonized to compare with other EU countries, rose by an annual 9.3% in February, exceeding expectations of a 9.0% increase and slightly higher than a 9.2% rise in the previous month, preliminary data from the Federal Statistics Office showed on Wednesday. Compared to January, prices increased by 1.0%, Destatis added, also beating forecasts of a 0.7% month-on-month rise. Zoom in: Despite relief measures, energy prices in February were 19.1%...Devamını Oku

02 Mar 2023

• US consumer confidence unexpectedly fell in February, especially among lower-middle-income households, according to a survey on Tuesday, though Americans grew more upbeat about the labor market. The Conference Board's consumer confidence index dropped to 102.9 from 106.0 in January. The survey also showed consumers apprehensive about buying big-ticket items like motor vehicles and household appliances over the next six months.

01 Mar 2023

• New orders for key US-manufactured capital goods increased by 0.8% in January, the most in five months, reported the Commerce Department on Monday, while shipments of those so-called core goods rebounded, suggesting that business spending on equipment picked up at the start of Q1. On an annual basis, core capital goods orders increased by 5.3%. via Reuters Why it matters: The results ended two straight monthly declines and joined solid consumer spending and...Devamını Oku

28 Şub 2023

• The US trade deficit widened 12.2% last year, nearing $1 trillion, as more foreign goods came into the country, according to data released Tuesday by the Commerce Department. The goods and services deficit reached $948.1 billion, its largest total on record, after rising $103 billion from the previous year. via NYT On a related note: Treasury Secretary Janet Yellen said she saw a path for avoiding a US recession, as inflation comes down significantly an...Devamını Oku

08 Şub 2023

• US unemployment claims fell for the fourth time in five weeks, highlighting the broad resilience of the labor market that threatens to keep inflation elevated. Applications for unemployment benefits ticked down by 3,000 to 183,000 in the week ended Jan. 28, the lowest since April, Labor Department data showed Thursday.

03 Şub 2023

• The Federal Reserve on Wednesday raised its target interest rate by 25 basis points to a target range of 4.5%-4.75%, in line with market expectations and the highest since October 2007, yet continued to promise "ongoing increases" in borrowing costs as part of its battle against inflation. The quote: In a press conference after the decision, Fed Chair Jerome Powell said the US central bank is not yet "at a sufficiently restrictive policy stance." He also said, "...Devamını Oku

02 Şub 2023

• German retail sales fell by 5.3% in December compared with the previous month, according to the Federal Statistics Office on Tuesday, well below a 0.2% rise expected by analysts. Retail sales also fell in December by 6.4% in price-adjusted terms compared with a year earlier, Destatis said, reviving fears of a more marked slowdown in Europe's largest economy. In other news: Germany's unemployment rate remained stable at a seasonally-adjusted 5.5% in January, Labou...Devamını Oku

01 Şub 2023

• The New York Empire State Manufacturing Index , A key gauge of US manufacturing activity, plummeted in January to the lowest level since May 2020 as new orders and shipments collapsed, highlighting a growing divergence between a relatively strong labor market and a stuttering real economy. via Bloomberg Zoom in: The Federal Reserve Bank of New York’s general business conditions index decreased nearly 22 points to -32.9, well below the 50-line separating grow...Devamını Oku

18 Oca 2023

• The US unemployment rate declined to 3.5% in December from 3.7% in the prior month, figures from the Labor Department showed Friday, suggesting a robust labor market despite high inflation and rapid rate hikes. The figures were 0.2 percentage points below consensus expectations. In other news: The US economy appears headed for a soft landing, with recent economic data pointing to an ongoing recovery, not a recession, White House economist Heather Boushey told Reut...Devamını Oku

09 Oca 2023

• The downturn in eurozone business activity eased for the second consecutive month in December, a survey by S&P Global showed on Wednesday, as price pressures slightly subsided and the labor market remained resilient. The final Composite PMI for the single-currency bloc registered at 49.3, up from 47.8 in November and the slowest rate of decline since July 2022, but still below the 50-line that separates growth from contraction. S&P Global

05 Oca 2023