Edition:
United Kingdom

Lucia Mutikani

U.S. weekly jobless claims data bolsters labor market outlook

18 Oct 2018

WASHINGTON New applications for U.S. unemployment benefits dropped last week and the number of Americans on jobless rolls fell back to levels last seen in 1973, suggesting a further tightening in labor market conditions.

Hurricane Florence, rising mortgage rates hurt U.S. homebuilding

17 Oct 2018

WASHINGTON U.S. homebuilding dropped more than expected in September as construction activity in the South fell by the most in nearly three years, likely held down by Hurricane Florence.

U.S. industrial output rises; job openings at record high

16 Oct 2018

WASHINGTON U.S. industrial production increased for a fourth straight month in September, boosted by gains in manufacturing and mining output, but momentum slowed sharply in the third quarter.

U.S. retail sales increase modestly; consumer spending strong

15 Oct 2018

WASHINGTON U.S. retail sales barely rose in September as a rebound in motor vehicle purchases was offset by the biggest drop in spending at restaurants and bars in nearly two years. | Video

U.S. job growth cools; unemployment rate drops to 3.7 percent

05 Oct 2018

WASHINGTON U.S. job growth slowed sharply in September likely as Hurricane Florence depressed restaurant and retail payrolls, but the unemployment rate fell to near a 49-year low of 3.7 percent, pointing to a further tightening in labor market conditions. | Video

Strong U.S. job growth expected in September; wages seen rising

05 Oct 2018

WASHINGTON The U.S. economy likely created jobs at a brisk clip in September, with the unemployment rate probably falling to an 18-year low of 3.8 percent, signalling a further tightening in labour market conditions.

U.S. weekly jobless claims near 49-year low; factory orders surge

04 Oct 2018

WASHINGTON The number of Americans filing for unemployment benefits fell to a near 49-year low last week, pointing to sustained labor market strength, which should continue to underpin economic growth.

U.S. services sector activity hits 21-year high; hiring accelerates

03 Oct 2018

WASHINGTON U.S. services sector activity raced to a 21-year high in September and companies boosted hiring, signs of enduring strength in the economy at the end of the third quarter.

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