Jobless Claims Drop Below Forecast, But Labor Market Softness Keeps Traders Cautious

Uncontrolled claims show a big fall from expectation Unknowingly initial claims fell to 206,937 – 2% decline of 7.6% compared to seasonal expectation. It overtook last year’s 210,050 level. The decline in raw numbers indicates real improvement in trimmed activity, especially when it is believed to fall with a decline in unemployment without insured, which…

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U.S. Adds 177K Jobs, But 0.2% Wage Gain and 1.7M Long-Term Jobless Raise Concerns

More information in our economic calendar.Focus The wholesale to hire was concentrated in healthcare (+51,000), transport and warehousing (+29,000), and financial activities (+14,000). These areas performed better than recent trends, with transport rebounding after a cool march. Financial services increased its recovery, while social aid slowed down to +8,000, which is lower than the former…

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Jobless Claims Fall, but Weak Manufacturing and Housing Data Disappoint

Housing march starts rapidly Residential construction showed symptoms of slowing down. The march housing begins 11.4% to 1.324 million with a seasonal adjusted annual rate, despite a minor 1.6% monthly advantage in the building permit. Pointing to a pullback in the new construction activity, the single-family began a 14.2%decline. The perfection stood down 2.1%, although…

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U.S. March Jobs Report Beats Expectations, Unemployment Steady at 4.2%

Transport and warehousing also doubled the earlier monthly average of the sector, with the advantage of 23,000-revival. Courier and messengers added 16,000 jobs, while truck transport increased by 10,000. These benefits were partially offset by the loss of 9,000-revival in warehousing and storage. Retail employment rebellion after strike effect Retail trade added 24,000 jobs, roughly…

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GDP Revised to 2.4%, Initial Claims Decline—Cooling Inflation Supports Growth Outlook

From an industry perspective, private services-producing areas increased by 2.4%, while goods-producing industries increased by 2.3%. The government’s production increased by 2.7%, promoting the increasing role of fiscal expenditure. The actual gross production expanded a total of 1.7%, with an increase of 3.1% in government production. Inflation trend is stable Price index for gross domestic…

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Pending Home Sales Rise 2.0% in February; NAR Projects Stronger Housing Market in 2025

The pending home sales index (PHSI) increased to 72.0, which is still below the base line of 100 that reflects the 2001 market activity. Overall, pending transactions declined by 3.6% a year ago compared to the same month, underlining constant structural obstacles in the housing market. Horticulture rates remain significant obstacles NAR Chief Economist Lawrence…

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PCE, Income Beat Forecasts; Spending Slows—Fed Outlook in Focus as Inflation Persists

More information in our economic calendar.More inflation is threatened to fuel more than tariffs Whereas before the February data recent policy changes, the Lump Tariffs introduced by the Trump administration are increasing the approach to inflation. Fed officials divide on their potential impact. Susan Colins of Boston Fed flagged off a potential short -term spike,…

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Rising Jobless Claims and Manufacturing Slowdown Signal Labor Market Strains

More information in our economic calendar.State-level variations and industry-specific trimming Many states experienced remarkable changes in unemployed claims. California reported the highest growth with 4,280 additional claims, while Texas and Virginia also saw large -scale ups. Sorting in manufacturing, administrative services, transport and food services contributed to these growth. In contrast, New York saw a…

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U.S. Housing Starts Surge 11.2% in February, But Falling Permits Signal Future Slowdown

Building permit continues to decline Building permit, a major indicator of future building, fell to an annual rate of 1.456 million in 1.2% month. This decline increased the trend downward, with the permit now 6.8% from year to year. Single-family authorities remained relatively stable at 992,000 below 0.2% from January. However, permits for multi-family units…

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