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US factory orders rise moderately in December | Hellenic Shipping News Worldwide

US factory orders rise moderately in December | Hellenic Shipping News Worldwide
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Jerome powellChizu nomiyamaLucia mutikaniFederal reserveInstitute for supply managementCommerce department census bureauCommerce departmentCensus bureauFed chair jerome powellSupply managementReporting by lucia mutikani

US factory orders rise moderately in December

US factory orders rise moderately in December
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United statesJerome powellLucia mutikaniChizu nomiyamaFederal reserveCommerce department census bureauInstitute for supply managementCommerce departmentCensus bureauFed chair jerome powellSupply managementReporting by lucia mutikani

US factory orders rise moderately in December

New orders for U.S.-made goods rose just moderately in December, but a pick up is likely in the months ahead as unfilled orders continued to pile up. Factory orders gained 0.2% after rebounding 2.6% in November, the Commerce Department's Census Bureau said on Friday. The Federal Reserve left interest rates unchanged on Wednesday.

United statesJerome powellChizu nomiyamaLucia mutikaniFederal reserveInstitute for supply managementCommerce department census bureauCommerce departmentCensus bureauFed chair jerome powellSupply managementReporting by lucia mutikani

US factory orders rise moderately in December

New orders for U.S.-made goods rose just moderately in December, but a pick up is likely in the months ahead as unfilled orders continued to pile up..

Chizu nomiyamaJerome powellLucia mutikaniCommerce department census bureauInstitute for supply managementFederal reserveCommerce departmentCensus bureauFed chair jerome powellSupply managementReporting by lucia mutikani

US labor costs growth slows in fourth quarter

U.S. labor costs rose less than expected in the fourth quarter, leading to the smallest annual increase in two years, signs of moderating wage inflation that could give the Federal Reserve room to start cutting interest rates by June. Compensation costs growth is slowing as labor market conditions ease in response to the U.S. central bank's tight monetary policy stance. Government data on Tuesday showed Americans were becoming less enthusiastic about job-hopping, with the number of people quitting their jobs near a three-year low in December, a trend that could further slow wage inflation.

United statesLucia mutikaniAndrea ricciFederal reserveLabor department bureau of statisticsEmployment cost indexLabor departmentLabor statisticsReporting by lucia mutikaniLabor costsWage inflationLabor market