USD News

A report released by the Commerce Department on Monday showed construction spending in the U.S. increased by more than expected in the month of August.

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Activity in the U.S. manufacturing sector unexpectedly grew at a faster rate in the month of September, according to a report released by the Institute for Supply Management on Monday. The ISM said its purchasing managers index climbed to 60.8 in September from 58.8 in August.

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Employment in the U.S. private sector climbed by slightly more than anticipated in the month of September, according to a report released by payroll processor ADP on Wednesday.

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With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits fell by more than expected in the week ended September 30th. The report said initial jobless claims dropped to 260,000.

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Reflecting the impact of Hurricanes Harvey and Irma, the Labor Department released a report on Friday showing an unexpected decrease in employment in the U.S. in the month of September. The report said non-farm payroll employment fell by 33,000 jobs.

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Homebuilder confidence in the U.S. has unexpectedly seen an improvement in the month of October, according to a report released by the National Association of Home Builders on Tuesday. The report said the NAHB/Wells Fargo Housing Market Index surged up to 68 in October after dropping to 64 in September.

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With Hurricanes Harvey and Irma disrupting new residential construction in the South, the Commerce Department released a report on Wednesday showing a substantial decrease in housing starts in the month of September. The Commerce Department said housing starts plunged by 4.7 percent.

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For the first time in the last twelve months, the Conference Board released a report on Thursday showing an unexpected drop by its index of leading U.S. economic indicators in the month of September. The Conference Board said its leading economic index dipped by 0.2 percent.

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After reporting U.S. existing home sales at their lowest level in a year in the previous month, the National Association of Realtors released a report on Friday showing an unexpected rebound in existing home sales in the month of September. NAR said existing home sales climbed by 0.7 percent.

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New home sales in the U.S. showed a substantial increase in the month of September, according to a report released by the Commerce Department on Wednesday.

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