financetom
Economy
financetom
/
Economy
/
Daily Roundup of Key US Economic Data for Feb. 24
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Daily Roundup of Key US Economic Data for Feb. 24
Feb 24, 2025 11:41 AM

02:29 PM EST, 02/24/2025 (MT Newswires) -- The Chicago Federal Reserve's National Activity index fell to minus 0.03 in January from 0.18 in December, above a minus 0.05 reading expected.

The three-month moving average rose to 0.03 from minus 0.13.

The Dallas Federal Reserve's monthly manufacturing reading fell to minus 8.3 in February from 14.1 in January, a return to contraction for the sector. Other regional manufacturing data already released have indicated expansion.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US equity funds see upbeat demand on rate cut expectations
US equity funds see upbeat demand on rate cut expectations
Jul 5, 2024
(Reuters) - Investors hoovered up U.S. equity funds in the week to July 3 as data indicating a softening economy and U.S. Federal Reserve Chair Jerome Powell's dovish commentary solidified rate cut expectations. U.S. equity funds secured a net $8.62 billion in inflows during the week, after witnessing about $16.2 billion worth of net purchases a week ago, LSEG data...
Instant view: June US job growth moderates, unemployment rate ticks up
Instant view: June US job growth moderates, unemployment rate ticks up
Jul 5, 2024
NEW YORK (Reuters) - STORY: U.S. job growth slowed to a still-healthy pace in June, with the unemployment rate rising to 4.1%, increasing the chances that the Federal Reserve will be able to tame inflation without tipping the economy into recession. Nonfarm payrolls increased by 206,000 jobs last month, the Labor Department's Bureau of Labor Statistics said in its closely...
Mixed Picture For Fed: June Payrolls Rise More Than Expected, Unemployment Rate Ticks Up, Wage Growth Slows
Mixed Picture For Fed: June Payrolls Rise More Than Expected, Unemployment Rate Ticks Up, Wage Growth Slows
Jul 5, 2024
The official June labor market report for the United States indicates mixed conditions, showing robust employment growth but a slowdown in wage increases, which may support expectations for upcoming interest rate cuts. In June, the U.S. economy added 206,000 new jobs, a reduction from the downwardly revised 218,000 in May, according to data released Friday. June’s Employment Situation: Key Highlights...
U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021
U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021
Jul 5, 2024
The U.S. employment market remained reasonably strong in June, with the U.S. Bureau of Labor Statistics reporting Friday the addition of 206,000 jobs, down from May's 218,000 (revised from an originally reported 272,000) but modestly topping economist estimates for 190,000. The unemployment rate in June rose to 4.1% versus 4.0% in May and forecasts for 4.0%. Average hourly earnings rose...
Copyright 2023-2025 - www.financetom.com All Rights Reserved