GPA

The US service industry is picking up;  factory orders are accelerating

The US service industry is picking up; factory orders are accelerating

Activity in the services sector picks up in November Employment rebounds; supplier deliveries are improving Factory orders rise 1.0% in October WASHINGTON, Dec 5 (Reuters) – U.S. service-sector activity unexpectedly accelerated in November, with employment rebounding, offering further evidence of underlying economic dynamics. economy as it prepares for an anticipated recession next year. Monday’s Institute …

The US service industry is picking up; factory orders are accelerating Read More »

GLOBAL ECONOMY Global industrial activity declined in November, but price pressures are easing

GLOBAL ECONOMY Global industrial activity declined in November, but price pressures are easing

European PMI data suggests the downturn may not be as severe China Private Survey Shows PMI Contraction Continues Factory activity contracts in Japan and South Korea Polls point to darkening outlook for Asia next year LONDON/TOKYO, Dec 1 (Reuters) – Factory output fell sharply last month due to slowing global demand and the impact of …

GLOBAL ECONOMY Global industrial activity declined in November, but price pressures are easing Read More »

US weekly jobless claims at 3-month high;  resilient capital expenditure

US weekly jobless claims at 3-month high; resilient capital expenditure

Weekly jobless claims increase from 17,000 to 240,000 Continuing claims rise by 48,000 to 1.551 million Core capital goods orders rebound 0.7% in October Shipments of basic capital goods jump 1.3% WASHINGTON, Nov 23 (Reuters) – The number of Americans filing new claims for unemployment benefits hit a three-month high last week amid rising tech …

US weekly jobless claims at 3-month high; resilient capital expenditure Read More »