U.S.


2024-09-24

[News] U.S. House Passes Bill to Expedite Domestic Chip Manufacturing by Providing Exemptions

A few weeks ago, Intel is said to be seeking assistance from the U.S. government, as CEO Pat Gelsinger reportedly turned to Commerce Secretary Gina Raimondo to emphasize the significance of U.S. chip manufacturing. Now here’s the latest development: according to a report by Bloomberg, the U.S. Hou...

2024-09-06

[News] ADP Report Shows Slowdown of Labor Market, while ISM Services PMI Remains in Expansion

The U.S. non-farm payroll data for August is set to be released on September 6. Ahead of that, the ADP employment report, often referred to as the "mini-NFP," was published on September 5. The report revealed that private-sector employment in the US rose by 99,000 jobs in August, significantly lo...

2024-09-04

[News] U.S. Manufacturing PMI Continues to Contract, but Computer & Electronics Industry Rebounds Strongly

    Summary:  Manufacturing PMI slight uptick New orders and production sub-indices continue to decline Uneven demand recovery across sectors   The U.S. manufacturing PMI showed a slight uptick in August, according to data released by the Institute for S...

2024-09-03

[News] Key Economic Indicators to Watch in the Week ahead: U.S. Manufacturing PMI and More

As the unwinding of yen carry trades came to an end, the market returned to a more stable state, though it remains highly sensitive to economic data. The S&P 500's gains narrowed due to underperformance in some tech stocks, while it also faced the challenge of reaching new highs. Meanwhile, U.S....

2024-08-29

[News] U.S. Consumer Confidence Edges up in August Despite Labor Market Concerns

The U.S. Consumer Confidence Index slightly increased in August, reaching 103.3, as reported by the Conference Board on August 27.  This marks a small rise of 1.4 from the previous month. Both the Present Situation Index and the Expectations Index improved in August, indicating that consumers r...

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