Monthly archive December, 2020

First-time claims for U.S. unemployment benefits showed a significant pullback in the week ended December 19th, the Labor Department revealed in a report released on Wednesday. The report said initial jobless claims slid to 803,000, a decrease of 89,000 from Read More →

Partly reflecting a jump in orders for transportation equipment, the Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods increased by more than expected in the month of November.Original Article Read More →

The Commerce Department released a report on Wednesday showing a steep drop in U.S. personal income in the month of November. The report said personal income slumped by 1.1 percent in November after falling by a revised 0.6 percent in Read More →

After reporting an unexpected drop in U.S. new home sales in the previous month, the Commerce Department released a report on Wednesday showing an even more substantial decrease in new home sales in the month of November.Original Article Read More →

A report released by the University of Michigan on Wednesday showed U.S. consumer sentiment improved by less than initially estimated in the month of December. The report said the consumer sentiment index for December was downwardly revised to 80.7 from Read More →

Import prices from Germany and producer prices from France are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is slated to issue Germany import price figures for November. Economists forecast import Read More →