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Aug 04, 2023, 11:49 ET US Job Growth Continues, but Slows, in July
raise its target rates one more time by 25 basis points in the fourth quarter of 2023. Unemployment rate remains near historic low The Household Survey revealed that the unemployment rate declined to 3.5 percent in July from 3.6 percent in June. The labor force participation rate has
More news about: The Conference Board
Aug 03, 2023, 10:00 ET Services PMI® at 52.7%; July 2023 Services ISM® Report On Business®
stable. Commodity prices are increasing but at a slower rate. Lead times and deliveries are ideal, and inventories are lower than last quarter. The unemployment rate is at its lowest point in 70 years. Wages continue to grow." [Retail Trade]"We are still having issues with getting certain materials
More news about: Institute for Supply Management
Aug 01, 2023, 16:05 ET MATSON, INC. ANNOUNCES SECOND QUARTER 2023 RESULTS
Hawaii supported by a low unemployment rate and relatively strong visitor arrivals. In the second half of 2023, Matson expects continued improvement in the Hawaii economy supported by continued growth in visitor arrivals and a low unemployment rate. In China,
More news about: Matson, Inc.
Jul 27, 2023, 17:40 ET Provident Bancorp, Inc. Reports Results for the June 30, 2023 Quarter
recognized for the quarter ended June 30, 2023 due to improvements in the near-term Gross Domestic Product ("GDP") and unemployment rate forecasts. Reduced balances in the commercial real estate, commercial, and enterprise value loan portfolios, which have a higher credit risk compared
More news about: Provident Bancorp, Inc.
Jul 19, 2023, 10:15 ET Weekly Earnings Up for Low-Income Workers, According to Ludwig Institute
$1,053). The TRU, meanwhile, dropped by 0.7 percentage points, from 22.4% to 21.7% – the lowest functional unemployment rate since January 1995, the earliest LISEP has data. And while Black workers saw a significant 1.5 percentage point
More news about: Ludwig Institute for Shared Economic Prosperity
Jul 18, 2023, 06:38 ET PNC REPORTS SECOND QUARTER 2023 NET INCOME OF $1.5 BILLION, $3.36 DILUTED EPS
is for a mild recession starting in late 2023 or early 2024, with a small contraction in real GDP of less than 1%, lasting into mid-2024. The unemployment rate will increase in the second half of this year, ending 2023 at above 4%, and then peak slightly above 5% in early 2025. Inflation will slow with
More news about: The PNC Financial Services Group, Inc.