However, employment remains a weak spot, with the Employment Index dropping to 45.3%, reflecting continued workforce reductions as companies align for 2025. This marks a 2.8 percentage point decline from…
Tag: financial market
Fewer Layoffs Drive US Jobless Claims to 211K, Beating Forecasts
More Information in our Economic Calendar.How Do Insured Unemployment Figures Reflect Broader Trends? Continued claims for the week ending December 21 decreased by 52,000 to 1.84 million, underscoring improved retention…
Chicago PMI Misses the Mark
Chicago PMI drops to 36.9, signaling deeper manufacturing contraction. Bearish implications for USD as economic pressures weigh on the sector….Read More
Dallas Fed Manufacturing Index Rises To +3.4; SP500 Rebounds From Session Lows
Today, traders also had a chance to take a look at the Pending Home Sales report for November. The report showed that Pending Home Sales increased by 2.2% month-over-month, compared…