ISM Non-Manufacturing Index jumped to 55.2% in January 2023
02/03/23 - Economic activity in the services sector grew in January after contracting in December following 30 consecutive months of growth, with the Services PMI® registering 55.2 percent, say the nation's purchasing and supply executives in the …more…
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January 2023 Employment increased by 517,000
Unemployment Rate lower at 3.4%
02/03/23 - Total nonfarm payroll employment rose by 517,000 in January, and the unemployment rate changed little at 3.4 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and …more…
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New orders for manufactured goods increased 1.8% in December 2022
02/02/23 - Summary
New orders for manufactured goods in December, up four of the last five months, increased $10.0 billion or 1.8 percent to $552.5 billion, the U.S. Census Bureau reported today. This followed a 1.9 percent November decrease. Shipments, …more…
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4Q2022 Productivity Growth increased 3.0%
02/02/23 - Nonfarm business sector labor productivity increased 3.0 percent in the fourth quarter of 2022, the U.S. Bureau of Labor Statistics reported today, as output increased 3.5 percent and hours worked increased 0.5 percent. (All quarterly …more…
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Weekly Initial Unemployment Claims decrease 3,000 to 183,000
02/02/23 - In the week ending January 28, the advance figure for seasonally adjusted initial claims was 183,000, a decrease of 3,000 from the previous week's unrevised level of 186,000. The 4-week moving average was 191,750, a decrease of 5,750 from …more…
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