Tag Archives: US economy

Durable goods order August 2020

U.S. New orders for major capital goods created by the company increased more than expected in August and demand for the previous month was stronger than previous estimates, indicating that business spending on equipment continues to improve after a long-term decline. In a bullish report from the Commerce Department on …

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Weekly employment claims increase unexpectedly, totaling 870,000

The number of first-time filers for unemployment benefits last week was slightly higher than expected as the sluggish recovery from the coronavirus epidemic in the labor market continues. The Labor Department reported Thursday that Sept. Initial job claims for the week ending on the 19th came in at 870,000. Economists …

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