DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Michelle Bowman - 2 Andrew Kelly - 1 Christopher Rupkey - 1 Unadjusted - 1 nonfarm payrolls - 1 Oscar Munoz - 1 Goldman Sachs - 1 Veronica Clark - 1
Top related locs:
U.S New York Manhattan , New York City , New York WASHINGTON Ohio California North America Toronto
Top related orgs:
Federal Reserve - 3 Institute for Supply Management - 3 REUTERS - 2 Treasury - 2 Thomson - 2 Labor Department - 1 Employers - 1 United Auto Workers - 1

Search resuls for: "An Institute for Supply Management"


13 mentions found


☆ Low weekly jobless claims, shrinking trade deficit boost US economic picture
  + stars: | 2023-10-05 | by ( Lucia Mutikani | ) www.reuters.com   time to read: +7 min
Trade balanceExports of goods and services increased 1.6% to $256.0 billion. Goods imports dropped 0.9% to $256.0 billion amid declines in imports of consumer and capital goods, potentially flagging softening domestic demand amid higher borrowing costs. Cell phones and other household goods accounted for the drop in consumer goods imports. The decrease in capital goods imports reflected declines in semiconductors and electric apparatus. Services imports increased $0.1 billion to $58.4 billion, supported by travel and other business services.
Persons: Andrew Kelly, Christopher Rupkey, Unadjusted, nonfarm payrolls, Oscar Munoz, Goldman Sachs, Veronica Clark, Lucia Mutikani, Chizu Nomiyama, Andrea Ricci Organizations: REUTERS, Federal Reserve, Labor Department, Reuters, Employers, Institute for Supply Management, United Auto Workers, UAW, Ford, General Motors, Chrysler, Treasury, Challenger, Labor, Securities, Commerce Department, Goods, Services, Citigroup, Thomson Locations: Manhattan , New York City , New York, U.S, WASHINGTON, New York, Ohio, California
☆ Dollar climbs to near 150 vs yen after U.S. shutdown avoided
  + stars: | 2023-10-02 | by ( Chuck Mikolajczak Herbert Lash | Chuck Mikolajczak | Herbert Lash | ) www.reuters.com   time to read: +3 min
Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. "It's the feeling that the U.S. economy can stomach higher interest rates for a little bit longer," said Bipan Rai, North America head of FX strategy at CIBC Capital Markets in Toronto. "Implicitly it also means that the Fed might not be so quick to cut rates next year either," he said. The Japanese yen weakened 0.31% versus the greenback at 149.77, after falling to 149.90. Investors have been closely watching for signs of intervention in the Japanese currency by the Bank of Japan (BOJ).
Persons: Florence Lo, Kevin McCarthy, Bipan Rai, Edward Moya, Michelle Bowman, Shunichi Suzuki, Chuck Mikolajczak, Marguerita Choy, Alison Williams Organizations: U.S, REUTERS, Federal Reserve, Institute for Supply Management, Congress, Democratic, Republican, Treasury, CIBC Capital Markets, Investors, Bank of Japan, Fed, Bank of Japan's, Japan's Finance, Thomson Locations: U.S, North America, Toronto, New York
☆ US stocks trade mixed as bond yields jump after Fed officials stay hawkish
  + stars: | 2023-10-02 | by ( Filip De Mott | ) www.businessinsider.com   time to read: +2 min
US stocks fell as the 10-year bond yield jumped over 11 basis points, nearing 4.7%. An Institute for Supply Management report showed manufacturing improved in September. AdvertisementAdvertisementUS stocks finished mixed Monday as comments from Federal Reserve officials gave investors reason to expect restrictive policy to continue. Through the day, bond traders continued to sell off Treasury holdings, causing the 10-year bond yield to swing up 11.4 basis points to 4.685%. An Institute for Supply Management report showed manufacturing improved in September.
Persons: Michael Barr, Michelle Bowman, —, Jerome Powell Organizations: An Institute for Supply Management, Service, Federal Reserve, Institute for Supply Management, Dow Jones Locations: Here's
☆ US factory orders fall as civilian aircraft demand dives
  + stars: | 2023-03-06 | by ( ) www.reuters.com   time to read: +3 min
The report from the Commerce Department on Monday also showed shipments of manufactured goods rebounding after two-straight monthly declines, while inventories were unchanged. The drop in factory orders in January mostly reflected a 13.3% decline in transportation equipment, which followed a 15.8% jump in December. Transportation equipment orders were weighed down by a 54.5% tumble in orders for civilian aircraft. Motor vehicle orders increased 1.3%. Shipments of manufactured goods increased 0.7%, the biggest gain since August, after falling 0.6% in December.
☆ US labor market stays resilient; Q4 labor costs revised higher
  + stars: | 2023-03-02 | by ( Lucia Mutikani | ) www.reuters.com   time to read: +6 min
Those worries were further heightened by another report from the Labor Department on Thursday showing labor costs grew much faster than previously estimated in the fourth quarter. The labor market remains tight despite rising risks of a recession, contributing to keeping inflation elevated via solid wage gains. But even using alternative seasonal adjustments, economists say the labor market still is exhibiting tightness. A second report from the Labor Department showed unit labor costs - the price of labor per single unit of output - grew at a 3.2% annualized rate last quarter. Labor costs accelerated at a 6.9% rate in the third quarter, and notched hefty gains in the prior two quarters.
☆ U.S. weekly jobless claims increase, labor market still tight
  + stars: | 2023-02-09 | by ( ) www.reuters.com   time to read: +2 min
WASHINGTON, Feb 9 (Reuters) - The number of Americans filing new claims for unemployment benefits increased more than expected last week, but remained at levels consistent with a tight labor market. Initial claims for state unemployment benefits rose 13,000 to a seasonally adjusted 196,000 for the week ended Feb. 4, the Labor Department said on Thursday. Economists polled by Reuters had forecast 190,000 claims for the latest week. Claims have remained low despite high-profile layoffs in the technology industry as well as the interest rate-sensitive finance and housing sectors. Economists speculate that severance packages were delaying the filing of unemployment benefits claims while the abundance of job openings made it easier for laid off workers to find new jobs.
☆ U.S. weekly jobless claims increase, labor market remains tight
  + stars: | 2023-02-09 | by ( Lucia Mutikani | ) www.reuters.com   time to read: +5 min
The jobs market has remained resilient despite growing economic headwinds from the Federal Reserve's interest rate increases. While labor market strength keeps the U.S. central policy on its monetary policy tightening path, it also suggests that a much anticipated recession is nowhere near. The four-week moving average of claims, considered a better measure of labor market trends as it strips out week-to-week volatility, fell 2,500 to 189,250, the lowest level since last April. "But even so, the job market remains remarkably strong." "There is no sign of easing of labor market tightness here."
☆ U.S. weekly jobless claims fall; layoffs surge in January
  + stars: | 2023-02-02 | by ( ) www.reuters.com   time to read: +3 min
The claims report showed the number of people receiving benefits after an initial week of aid, a proxy for hiring, fell 11,000 to 1.655 million during the week ending Jan. 21. The raft of layoffs in the technology sector pushed up job cuts in January. A separate report on Thursday from global outplacement firm Challenger, Gray & Christmas showed job cuts announced by U.S.-based employers surged 136% to 102,943. The technology sector accounted for 41% of the job cuts, with 41,829 layoffs. Retailers announced 13,000 job cuts, while financial firms planned to lay off 10,603 workers.
☆ U.S. factory orders tumble in November on aircraft
  + stars: | 2023-01-06 | by ( ) www.reuters.com   time to read: +2 min
The Commerce Department said on Friday that factory orders dropped 1.8% after gaining 0.4% in October. The plunge in factory orders was driven by a 6.3% drop in bookings for transportation equipment, which followed a 1.9% increase in October. Transportation equipment orders were weighed down by a 36.4% tumble in orders for civilian aircraft. Orders for defense aircraft fell 8.6%. Motor vehicle orders rose 0.6%.
☆ Morning Bid: Why payrolls might not matter to markets
  + stars: | 2022-12-02 | by ( ) www.reuters.com   time to read: +4 min
It's payrolls Friday, yet the most keenly awaited U.S. economic data point may not hold much sway over markets that are already behaving as if the U.S. tightening cycle is over. If it holds at current levels, this would mark one of the biggest weekly drops in the last two years . One line of argument goes that to justify the move seen in government bond markets, the Fed needs to be more or less done in December. So, where does this all leave the November non-farm payrolls report out at 1330 GMT? In the light of that data, markets may be anticipating a lower number later on.
☆ U.S. job growth likely slowed again in November; labor market still tight
  + stars: | 2022-12-02 | by ( Lucia Mutikani | ) www.reuters.com   time to read: +5 min
But the labor market remains tight, with 1.7 job openings for every unemployed person in October, keeping the Fed on its monetary tightening path at least through the first half of 2023. Labor market strength is also one of the reasons economists believe an anticipated recession next year would be short and shallow. The labor market is still very strong and still very tight," said Agron Nicaj, U.S. economist at MUFG in New York. The unemployment rate is seen unchanged at 3.7%, consistent with a still-tight labor market. "I still believe the economy tips into a short and shallow recession mid-2023, based on eroding labor market growth, but the probability of no recession is now higher," said Steven Blitz, chief U.S. economist at TS Lombard in New York.
☆ Logistics Companies Are Diversifying Hiring, but Challenges Persist
  + stars: | 2022-11-28 | by ( Liz Young | ) www.wsj.com   time to read: +8 min
Photo: Sarah Oden/Associated PressWomen and people of color are being hired into top roles in the logistics industry. United Parcel Service Inc. turned to Carol Tomé, a former finance chief at Home Depot Inc., in 2020 to become chief executive officer. Raj Subramaniam, who is from India, was chosen to succeed FedEx Corp. founder Fred Smith as chief executive earlier this year. Judy McReynolds has been chief executive of ArcBest Corp. , one of the largest trucking companies in the U.S., since 2010. Studies also show there is a big gap in pay across the logistics industry.
☆ U.S. job openings jump in September; raw material prices fall in October
  + stars: | 2022-11-01 | by ( Lucia Mutikani | Wayne Cole | ) www.reuters.com   time to read: +4 min
With roughly 1.9 job openings for every unemployed worker at the end of September, wage growth could remain elevated. "It is a head scratcher where you have to wonder whether 10 million job openings can stop a recession from coming." Job openings, a measure of labor demand, increased 437,000 to 10.7 million on the last day of September, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS report. Data for August was revised higher to show 10.3 million job openings instead of 10.1 million as previously reported. The job openings rate increased to 6.5% from 6.3% in August.
0 next >>
Total: 13