28111Many Fed Policymakers See Near-Term Rate Cut: Minutes7/10/2019 6:19:39 PM"Many Fed officials saw that the case for a somewhat more accommodative monetary policy had strengthened amid heightened uncertainties about the economic outlook and muted inflation pressures, minutes of the June meeting showed. Still, some participants agreed that there was not yet a strong case for a rate cut from current levels as they preferred to gather more information on the trajectory of the economy before concluding that a change in policy stance is warranted."United StatesInterest RateFDTR/articles/07102019181157.htm
28108Powell Hints at Rate Cut Amid Increased Uncertainties7/10/2019 1:23:37 PM"Uncertainties about the outlook have increased in recent months and weaker global growth could affect the US economy, Chair Jerome H. Powell said in prepared remarks to Congress, raising expectations that the central bank will be cutting interest rates by at least 25bps when it meets later this month."United StatesInterest RateFDTR/articles/07102019131923.htm
28093US Job Growth Surges in June7/5/2019 12:41:44 PM"Nonfarm payrolls in the US increased by 224 thousand in June 2019, following a downwardly revised 72 thousand rise in May and beating market expectations of 160 thousand. Notable job gains occurred in professional and business services, in health care, and in transportation and warehousing."United StatesNon Farm PayrollsNFP TCH/articles/07052019123617.htm
28092US Jobless Rate Unexpectedly Rises to 3.7%7/5/2019 12:39:06 PMThe US unemployment rate rose to 3.7 percent in June 2019 from a 49-year low of 3.6 percent in the previous month and above market expectations of 3.6 percent. The number of unemployed increased by 87 thousand to 6.0 million while employment went up by 247 thousand to 157.0 million.United StatesUnemployment RateUSURTOT/articles/07052019123341.htm
28087US Non-Manufacturing Growth Slows to 2-Year Low7/3/2019 2:09:28 PMThe ISM Non-Manufacturing PMI for the United States dropped to 55.1 in June 2019 from 56.9 in the previous month and below market expectations of 55.9. The latest reading pointed to the weakest pace of expansion in the non-manufacturing sector since July 2017.United StatesNon Manufacturing PmiUNITEDSTANONMANPMI/articles/07032019140928.htm
28086US Trade Deficit Largest in 5 Months7/3/2019 12:58:09 PMThe US trade deficit widened to USD 55.5 billion in May 2019 from a revised USD 51.2 billion in the previous month and compared to market expectations of USD 54.0 billion. That was the largest trade gap since December.United StatesBalance Of TradeUSTBTOT/articles/07032019123857.htm
28084US Jobless Claims Fall More than Expected7/3/2019 12:47:47 PM"The number of Americans filling for unemployment benefits decreased to 221 thousand in the week ending June 29, from the previous week's upwardly revised level of 229 thousand and compared with market expectations of 223 thousand."United StatesInitial Jobless ClaimsIJCUSA/articles/07032019123319.htm
28075US Manufacturing Growth Weakest since 20167/1/2019 2:22:20 PM"The ISM Manufacturing PMI in the US fell to 51.7 in June 2019 from 52.1 in the previous month, beating market expectations of 51.0. Still, the latest reading pointed to weakest pace of expansion in the manufacturing sector since October 2016."United StatesBusiness ConfidenceNAPMPMI/articles/07012019140616.htm
28076US Manufacturing PMI Revised Higher7/1/2019 2:08:20 PM"The IHS Markit US Manufacturing PMI was revised higher to 50.6 in June 2019 from a preliminary estimate of 50.1 and was little-changed from May's final 50.5. Still, that was the second-lowest figure since September 2009."United StatesManufacturing PmiUNITEDSTAMANPMI/articles/07012019140820.htm
28069US Consumer Sentiment Revised Slightly Higher6/28/2019 2:07:28 PM"The University of Michigan's consumer sentiment for the US was revised higher to 98.2 in June 2019 from a preliminary 97.9, as the consumer expectations sub-index came in stronger than initially thought."United StatesConsumer ConfidenceCONCCONF/articles/06282019140728.htm
28067US Personal Spending Rises 0.4% in May6/28/2019 12:43:53 PM"Personal spending in the United States rose 0.4 percent from a month earlier in May 2019, following an upwardly revised 0.6 percent growth in April and matching market expectations. Consumption of durables and services drove the increase."United StatesPersonal SpendingUNITEDSTAPERSPE/articles/06282019123407.htm
28054US Q1 GDP Growth Confirmed at 3.1%6/27/2019 12:54:54 PM"The US economy grew by an annualized 3.1 percent in the first quarter of 2019, unrevised from the second estimate and following a 2.2 percent expansion in the previous three-month period. Nonresidential and residential fixed investment, exports and imports, and state and local government spending were revised higher while personal consumption expenditures and inventory investment came in lower than initially reported."United StatesGdp Growth RateGDP CQOQ/articles/06272019123813.htm
28053US Jobless Claims Rise to 7-Week High6/27/2019 12:43:36 PM"The number of Americans filling for unemployment benefits increased to 227 thousand in the week ended June 21 2019, from the previous week’s revised level of 217 thousand and compared with market expectations of 220 thousand. Jobless claims hit the highest level since the week ended May 4 2019."United StatesInitial Jobless ClaimsIJCUSA/articles/06272019123308.htm
28050US Durable Goods Orders Drop for 2nd Straight Month6/26/2019 12:53:35 PM"New orders for US manufactured durable goods fell 1.3 percent from a month earlier in May 2019, after a revised 2.8 percent plunge in April and worse than market expectations of a 0.1 percent drop. Transportation equipment, down three of the last four months, drove the decrease."United StatesDurable Goods OrdersUNITEDSTADURGOOORD/articles/06262019123543.htm
28046Fed is Insulated from Politics: Powell6/25/2019 5:56:41 PM"The Fed is ""insulated from short-term political pressures"", Chair Jerome H. Powell said in a speech at the Council on Foreign Relations in New York, as policymakers face heavy criticism by President Donald Trump for having raised interest rates last year."United StatesInterest RateFDTR/articles/06252019175431.htm
28045US New Home Sales Fall Unexpectedly to 5-Month Low6/25/2019 2:14:41 PM"Sales of new single-family houses in the United States dropped 7.8 percent from the previous month to a seasonally adjusted annual rate of 626 thousand in May 2019, while markets had forecast a 1.9 percent increase to 680 thousand. That was the lowest level since December despite lower mortgage rates."United StatesNew Home SalesUNITEDSTANEWHOMSAL/articles/06252019141441.htm
28038US Factory Activity Growth at Over 10-Year Low: Markit6/21/2019 2:01:43 PM"The IHS Markit US Manufacturing PMI fell to 50.1 in June 2019 from 50.5 in the previous month and below market expectations of 50.4, a flash estimate showed. The latest reading pointed to the weakest expansion in factory activity since September 2009."United StatesManufacturing PmiUNITEDSTAMANPMI/articles/06212019140143.htm
28032US Jobless Claims Fall More than Expected6/20/2019 12:51:05 PM"The number of Americans filling for unemployment benefits decreased to 216 thousand in the week ended June 15 2019, from the previous week's unrevised level of 222 thousand and compared with market expectations of 220 thousand."United StatesInitial Jobless ClaimsIJCUSA/articles/06202019123604.htm
28025"Fed Holds Rates as Expected, Signals Rate Cuts Later this Year"6/19/2019 6:28:52 PM"The Federal Reserve held the target range for the federal funds rate at 2.25-2.5 percent and left its forecast for 2019 economic growth unchanged while revised higher for 2020. The Fed dropped a promise to be ""patient"" in adjusting rates and said that will act as appropriate to sustain the economic expansion. Fed officials now expect rate cuts in 2019."United StatesInterest RateFDTR/articles/06192019180405.htm
28018US Housing Starts Fall in May6/18/2019 12:42:46 PM"Housing starts in the US dropped 0.9 percent from a month earlier to a seasonally adjusted annual rate of 1,269 thousand units in May 2019, compared to market expectations of 1,239 thousand and following an upwardly revised 6.8 percent advance in April."United StatesHousing StartsUNITEDSTAHOUSTA/articles/06182019124246.htm