Lucia Mutikani

Lucia Mutikani

The Latest

  • U.S. Factory Activity Approaches 2-1/2-year High; COVID-19 Hitting Supply Chains
    JBS USA Worthington pork plant
    U.S. factory activity accelerated to its highest level in nearly 2-1/2 years in December as the coronavirus pandemic continues to pull demand away from services towards goods, though spiraling new infections are causing bottlenecks in supply chains.
  • U.S. Producer Prices Increase Modestly In November
    Macy's Department store
    U.S. producer prices barely rose in November, supporting views that inflation would remain benign in the near term as a flare up in new COVID-19 infections restrains the labor market and demand for services.
  • Spiraling COVID-19 Cases Driving Up U.S. Layoffs; Inflation Still Benign
    Green Circuits
    The number of Americans filing first-time claims for jobless benefits jumped to a near three-month high last week as mounting new COVID-19 infections led to more business restrictions.
  • U.S. Third-Quarter Productivity Pared; Unit Labor Costs Revised Up
    social distancing
    U.S. worker productivity increased strongly in the third quarter, though the pace of growth was likely overstated as the sharp rebound in output from the COVID-19 pandemic recession has far outpaced employment gains.
  • U.S. Job Growth Slows Sharply; Long-Term Unemployment Rises
    Kentucky Career Center
    The U.S. economy added the fewest workers in six months in November, hindered by a resurgence in new COVID-19 cases that, together with a lack of more government relief money, threatens to reverse the recovery from the pandemic recession.
  • U.S. Weekly Jobless Claims Fall; Services Sector Activity Slows
    U.S. jobs
    The number of Americans filing first-time claims for jobless benefits fell last week, but remained extraordinarily high amid widespread business restrictions to slow a rising tide of new COVID-19 infections and lack of additional fiscal stimulus.
  • U.S. Consumer Confidence Slips; House Prices Surge
    Times Square
    U.S. consumer confidence fell more than expected in November amid a widespread resurgence in new COVID-19 infections and business restrictions, reinforcing expectations for a sharp slowdown in economic growth in the fourth quarter.
  • U.S. Retail Sales Lose Speed As Pandemic, Lack Of Fiscal Stimulus Weigh
    Shoppers
    U.S. retail sales increased less than expected in October and could slow further, restrained by spiraling new COVID-19 infections and declining household income as millions of unemployed Americans lose government financial support.
  • U.S. Job Growth Slows; Millions Experiencing Long Bouts Of Unemployment
    U.S. Job
    The U.S. economy created the fewest jobs in five months in October and more Americans are working part time, underscoring the challenges the next president faces to keep the recovery from the pandemic.
  • U.S. Weekly Jobless Claims Drop Modestly; Labor Market Recovery Cooling
    Jobless Claim
    The number of Americans filing new claims for unemployment benefits fell only slightly last week, adding to signs that the economic recovery was losing steam as the COVID-19 pandemic intensifies and fiscal stimulus ends.
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