U.S. Consumer Confidence Edges Up to Six-Month High on Outlook
Tuesday, 25 February 2020 22:17 WIB |
ECONOMY |Ekonomi AS
U.S. consumer confidence edged up to the best level in six months on an improvement in expectations, signaling that solid employment and cheap fuel are helping Americans look past concerns about the spread of the coronavirus.
The Conference Board™s reading increased to 130.7 from a downwardly revised 130.4 in January, according to data from the New York-based group Tuesday that fell short of estimates in Bloomberg™s survey of economists. The economic expectations measure climbed to a seven-month high that helped offset a drop in the present situation gauge falling to the lowest reading in eight months.
Source : Bloomberg
Friday, 3 July 2020 15:57 WIB
The headline seasonally adjusted final IHS Markit/CIPS UK Services PMI Business Activity Index posted 47.1 in June, up sharply from 29.0 in May and the highest for four months. This compared with the earlier 'flash' figure of 47.0 in June.
The data did little to influence the British pound or provi...
Thursday, 2 July 2020 19:50 WIB
Nonfarm Payrolls (NFP) in the US increased by 4,800,000 in June, the data published by the US Bureau of Labor Statistics showed on Thursday. This reading followed May's increase of 2,699,000 (revised from 2,509,000) and came in better than the market expectation of 3,000,000.
Further details of the...
Wednesday, 1 July 2020 19:33 WIB
Employment in the US' private sector rose by 2,369,000 in June, the monthly data published by the Automatic Data Processing (ADP) Research Institue revealed on Wednesday.
This reading followed May's decline of 3,065,000 (revised from -2,760,000) and came in worse than the market expectation for an ...
Tuesday, 30 June 2020 08:26 WIB
China factory activity expanded at a faster pace in June, beating expectations, as the economy continues to recover after the government lifted strict lockdowns and ramped up investment, but weak global demand is likely to be a drag on growth.
The official manufacturing Purchasing Manager™s Index...
Thursday, 25 June 2020 19:55 WIB
The number of Americans seeking unemployment benefits was higher than forecast for a second straight week, adding to signs that the recovery is cooling amid a pickup in coronavirus cases.
Initial jobless claims in regular state programs fell to 1.48 million last week from an upwardly revi...