According to the recent data, manifacturing sector is expanding in the USA. The Manifacturing Sector Index announced in the USA yesterday. The index rose from 56.0 points to 57.7 points and showed improvement in the industry. At the same time,this data shows that the uncertainty of Trump's policies to the real economy is limited. When we look at the sub-items; there is some deterioration in the employment conditions of the sector, but we can say that the increase in new orders supports the expansion in the sector. The Dollar Index rose after the data, but the January data released yesterday were also significant.
When we look at the other data released yesterday, Personal income increased by 0.4 % in January, while personal spending declined by 0.2 %. In the same period, construction expenditures declined by 1.0 % and the data industry showed an acceleration. The weekly unemployment applications to be announced today in the US are projected to rise over the 245,000 level. Although we observe a negative results in the unemployment side in the USA, the negative effect may be limited because of the positive atmosphere in the weekly economy in the American market.
- Date: 02 March 2017 Thu 07:36
- Last Added
French Presidential elections are affecting the positive atmosphere on Euro
French Presidential elections are affecting the positive atmosphere on Euro...
Inflation rate is testing record levels in Turkey
Inflation rate is testing record levels in Turkey...
Non-farm payrolls data of the USA increased
Non-farm payrolls data of the USA increased...
Fed's politics interest decision gives direction to the global markets
Fed's politics interest decision gives direction to the global markets...
Oil market is trying to find a direction
Oil market is trying to find a direction at the last times....