News Tag: jobs data
August 20, 2010
Global stock markets have lost ground today after worse-than-expected weekly jobless numbers from the US yesterday.
Furthermore, Tokyo shares were down as speculation mounted that the Bank of Japan would hold an emergency meeting to discuss the strength of its currency, the yen.
The yen has hit a 15-month high against the dollar - fuelling concerns about the impact on ...
Global stock markets knocked after weak US data
by Kay Murchie
June 4, 2010
The Commerce Department reported a rise in US factory orders, suggesting the US economy is continuing to grow strongly.
According to the Commerce Department, orders for manufactured goods grew 1.2% in April, easing slightly from the 1.7% rise in March.
The manufacturing sector has been one of the strongest performers, boosted by the recovery in domestic demand and growing export sales. ...
US factory orders up 1.2% in April
by Kay Murchie
April 6, 2010
The world’s largest economy received a further boost today after the services sector posted better than expected growth in March.
The massive services sector, which makes up around two-thirds of US economic activity, grew at its fastest pace since May 2006.
According to analysts, the expansion within the sector suggests strong future growth in consumer spending and overall employment.
The Institute for Supply ...
US economy continues to deliver good news
by Kay Murchie
Economy News
