Stocks of companies that raise dividends consistently have outperformed during this year’s bear market. Below is a screen showing which stocks are analysts’ favorites for next year among an expanded Read more
Tag: Machinery/Industrial Goods
November jobs report is most important data for inflation this year- and not in a good way
The November U.S. jobs report on Friday showed the U.S. economy gained 261,000 jobs last month, with the unemployment rate holding steady at 3.7%. Economists polled by the Wall Street Read more
Chicago factory activity falls deeper into contraction territory in November
The Chicago Business Barometer, also known as the Chicago PMI, plummeted to 37.2 in November from 45.2 in the prior month. This is the lowest level since the pandemic hit in early 2020. Read more
U.S. private-sector job growth slows to lowest level since early 2021, ADP
The numbers: Private payrolls rose by 127,000 in November, according to the payroll services firm ADP on Wednesday. It is the slowest pace of growth since January 2021. Economists polled Read more
The U.S. economy is losing speed, S&P surveys show
The numbers: Business conditions at U.S. companies deteriorated again in November and pointed to a slowing economy. The “flash” U.S. services sector index drop to a three-month low of 46.1 Read more
Durable-goods orders jump 1%, but momentum unlikely to last as U.S. economy slows
The numbers: Orders at American factories for long-lasting goods such as autos and computers jumped 1% in October, marking a strong showing that probably isn’t sustainable because of a slowing U.S. Read more
U.S. jobless claims jump to 240,000, highest since August
The numbers: Initial jobless benefit claims rose by 17,000 to 240,000 in the week ended November 19, the U.S. Labor Department said Wednesday. Economists polled by The Wall Street Journal Read more
Economy may be in a recession already, Conference Board says, after leading index drops for eighth straight month
The U.S. leading economic index fell 0.8% in October, the Conference Board said Friday. Economists polled by The Wall Street Journal had expected a 0.4% fall. This is the eighth Read more
Philadelphia Fed’s manufacturing gauge sinks further in November
The numbers: The Philadelphia Federal Reserve said Thursday that its gauge of regional business activity sank to negative 19.4 in November from negative 8.7 in the prior month. Any reading Read more
U.S. import prices post fourth straight monthly decline
The numbers: Import prices fell 0.2% in October, the U.S. Labor Department said Wednesday. This is the fourth straight sharp decline. Economists surveyed by the Wall Street were expecting a Read more