ILEI

South African business confidence index rises in November

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South African business confidence index rises in November

Workers inspect cars newly manufactured from a nearby plant before being loaded on a cargo ship at a port, in East London, in the Eastern Cape province, South Africa, March 19, 2023. REUTERS/Siphiwe Sibeko/File Photo Acquire Licensing Rights JOHANNESBURG, Dec 13 (Reuters) – South African business confidence rose in November, as tourism and merchandise import … Read more

New orders lift Saudi non-oil business activity growth to 4-month high-PMI

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New orders lift Saudi non-oil business activity growth to 4-month high-PMI

DUBAI, Nov 5 (Reuters) – Growth in non-oil business activity in Saudi Arabia accelerated for a second consecutive month in October, a survey showed on Sunday, with new orders supporting an overall expansion in activity which led to a sharp rise in employment levels. The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index rose … Read more

US labor market loosens as job gains slow, unemployment rate hits 3.9%

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US labor market loosens as job gains slow, unemployment rate hits 3.9%

Nonfarm payrolls increase 150,000 in October Auto strikes reduce payrolls by 33,000 jobs Unemployment rate rises to 3.9% from 3.8% Average hourly earnings gain 0.2%; up 4.1% year-on-year WASHINGTON, Nov 3 (Reuters) – U.S. job growth slowed in October in part as strikes by the United Auto Workers (UAW) union against Detroit’s “Big Three” car … Read more

Japan’s Q3 business mood improves in boost to economic outlook

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Japan’s Q3 business mood improves in boost to economic outlook

Nissan Motor Co., Ltd’s Universal Powertrain Mounting System with a two-layer pallet structure, compatible with EV, e-POWER (HV) and gasoline vehicles is pictured in Kawachi-gun, in Tochigi prefecture, Japan October 8, 2021. REUTERS/Maki Shiraki/File Photo Acquire Licensing Rights Big manufacturers’ sentiment index at 9 vs previous 5 Non-manufacturers’ index at 27 vs previous 23 Survey … Read more

German business sentiment worsens in September -Ifo

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German business sentiment worsens in September -Ifo

A steel worker of ThyssenKrupp walks in front of a blast furnace at a ThyssenKrupp steel factory in Duisburg, western Germany, November 14, 2022. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing Rights BERLIN, Sept 25 (Reuters) – German business morale deteriorated slightly in September, falling for the fifth month in a row, a survey showed on Monday. … Read more

US unemployment rate spikes to 3.8%; labor market still has momentum

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US unemployment rate spikes to 3.8%; labor market still has momentum

Nonfarm payrolls increase 187,000 in August Unemployment rate rises to 3.8% from 3.5% in July Average hourly earnings gain 0.2%; up 4.3% year-on-year WASHINGTON, Sept 1 (Reuters) – U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage gains moderated, suggesting that labor market conditions were easing and cementing … Read more

US housing starts surge in boost to economy

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US housing starts surge in boost to economy

Single-family housing starts increase 6.7% in July Single-family building permits rise 0.6% Overall housing starts climb 3.9%; permits gain 0.1% Manufacturing production increases 0.5% WASHINGTON, Aug 16 (Reuters) – U.S. single-family homebuilding surged in July and permits for future construction rose amid an acute shortage of previously owned houses, but mortgage rates climbing back to … Read more