July 10, 2020 The final demand for the Producer Price Index decreased 0.2% in June 2020, seasonally adjusted according to the U.S. Bureau of Labor Statistics. Final demand prices rose 0.4% in May and decreased 1.3% in April. On an unadjusted basis, “the final demand index moved down 0,8% for the 12 months ended in
July 09, 2020 The seasonally adjusted initial claims, advance estimate, fell to 1,314,000, a decrease of 99,000 for the week ending July 4 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised to 1,413,000 from 1,427,000 down by 14,000. In comparison to the previous week’s average, the 4-week moving average
United States: U.S. Initial Jobless Claims Fall, Ease Worry of Worsening Market “Applications for unemployment benefits in the U.S. declined last week by more than projected, easing concerns of a renewed downturn in the labor market after several large states reported a pickup in coronavirus cases. Initial jobless claims in regular state programs fell by
July 08, 2020 At CAC2000’s annual general meeting, Steven Marston, Chairman and Chief Executive Officer of CAC stated that, “in the 2018- 2019 financial year, we endured the greater part of the 18-month road construction works in the Three Miles area and while we are appreciative for the change, the development has negatively impacted our
Net International Reserves- June 2020 Jamaica’s Net International Reserves (NIR) totaled US$2,949.26 million as at June 2020, reflecting an increase of US$44.77 million relative to the US$2,904.49 million reported at the end of May 2020 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$33.31 million to total US$3,905.02
United States: What Wall Street Pros Will Look for This Earnings Season “Normally, when a company reports results, a predictable ritual ensues. Investors locate the relevant earnings per share, and compare it to the consensus estimate. Then they dial in to the conference call and listen for the next quarter guidance. But the old ways
July 7, 2020 Real gross domestic product (GDP) in the first quarter of 2020 declined in all 50 states and the District of Columbia. According to the U.S. Bureau of Economic Analysis (BEA), “the percent change in real GDP in the first quarter ranged from -1.3% in Nebraska to -8.2% in New York and Nevada.”
United States: Fed’s Bostic Sees Signs That Economic Activity Is Leveling Off “Economic activity in parts of the the U.S. is showing signs of leveling off amid a resurgence in coronavirus cases, according to Federal Reserve Bank of Atlanta President Raphael Bostic.“There are a couple of things that we are seeing and some of them
July 06, 2020 After the Member States began easing the COVID-19 containment measures in May 2020, the seasonally adjusted volume of retail trade rose by 17.8% in the euro area and by 16.4% in the EU, compared with April 2020, according to Eurostat, the statistical office of the European Union. However, in April 2020, the
United Sates: NYC Enters Phase Three of Reopening. Here’s What You Should Know “As other parts of the U.S. hastily roll back reopening plans, New York City is taking one more small step forward. On Monday, the city officially kicks off Phase Three, paving the way for legions of beauty businesses — nail salons, tanning
