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Monthly archive November, 2021

German Ifo Business Confidence Deteriorates In November

Germany's business sentiment weakened in November as the fourth wave of pandemic caused expectations to fall especially in the service sector, survey results from the ifo Institute showed on Wednesday. The business confidence index fell to 96.5 in November from Read More →

U.S. Jobless Claims Tumble To Lowest Level In Over 50 Years

A report released by the Labor Department on Wednesday showed first-time claims for U.S. unemployment benefits slid to their lowest level in over fifty years in the week ended November 20th. The Labor Department said initial jobless claims tumbled to Read More →

U.S. Economic Growth Slightly Stronger Than Initially Estimated In Q3

Revised data released by the Commerce Department on Wednesday showed the U.S. economy grew by slightly more than previously estimated in the third quarter. The Commerce Department said real gross domestic product advanced by 2.1 percent in the third quarter Read More →

U.S. Durable Goods Orders Unexpectedly Drop Amid Slump In Aircraft Demand

Reflecting another steep drop in orders for transportation equipment, the Commerce Department released a report on Wednesday showing an unexpected decrease in new orders for U.S. manufactured durable goods in the month of October.Original Article Read More →

U.S. Personal Income And Spending Increase More Than Expected In October

Personal income in the U.S. rebounded by more than expected in the month of October, according to a report released by the Commerce Department on Wednesday, while the report also showed a bigger than expected jump in personal spending.Original Read More →

U.S. New Home Sales Increase From Downwardly Revised Level In October

After reporting a sharp increase in U.S. new home sales in the previous month, the Commerce Department released a report on Wednesday showing new home sales saw continued growth in the month of October. The report said new home sales Read More →