Tag US

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U.S. construction spending up 0.2% in September

According to the U.S. Department of Commerce, construction spending rose 0.2% in September from the previous month after falling 0.6% in August. Year-on-year, construction spending increased by 10.9% in September. Private sector spending on construction projects rose 0.4% after falling…

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Number of job openings in the U.S. rises in September

The U.S. Department of Labor’s Bureau of Labor Statistics released its Job Openings and Labor Turnover Survey (JOLTS), which showed that the number of job openings, a measure of labor market demand, increased by 437,000 in September to 10.7 million.…

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U.S. manufacturing PMI down in October

The final manufacturing purchasing managers’ index (PMI) fell to 50.4 in October from 52.0 in September, according to S&P Global. The PMI was hit by a slump in new orders, reaching its lowest level since May 2020, while employment slowed.…

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U.S. initial jobless claims lower than expected last week

Initial jobless claims rose 3,000 last week to 217,000, the Labor Department said. The number of people claiming jobless benefits was below analysts’ estimates of 223,000. Meanwhile, the U.S. Department of Labor reported that the number of Americans continuing to…

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Durable goods orders in the U.S. up slightly in September

According to the U.S. Commerce Department, orders for U.S. durable goods such as aircraft, automobiles and heavy machinery that last three years or longer rose 0.4% in September. Orders for durable goods were boosted in September by orders for motor…

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U.S. new home sales down 10.9% in September

The U.S. Commerce Department reports that new home sales fell 10.9% to 603,000 units in September from 677,000 units in August. Year-on-year, new home sales were down 17.6% in September. New home sales were hurt by high home prices and…

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