Tag Archives: U.S.
ISM Manufacturing PMI Disappoints, Igniting Economic Alarms

ISM Manufacturing PMI Falls Short of Expectations In November 2023, the Institute of Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI) maintained its position at 46.7, mirroring the October reading and falling short of economists’ expectations set at 47.6. This steady figure underscores the persistent challenges faced by the manufacturing sector, signaling ongoing contractionary pressures. […]
US Jobless Claims Plummet, Empowering the Dollar Resilience

Key Indicators and Market Impact Jobless Claim Decline in Jobless Claims The United States Department of Labor’s most recent statistics shows a notable decrease in unemployment claims for the week ending November 18. Unemployment claims fell to 209,000, below market forecasts and reversing a three-month high from the week before. Continuing claims, measuring ongoing unemployment, […]