U.S. Economic News
April 1, 2021
U.S. Economic Indicators
Initial jobless claims increased 61,000 to 719,000 last week. The four-week moving average decreased 10,500 to 719,000. DOL Report
The ISM Manufacturing Index rose 3.9 points to 64.7 in March, indicating industry expansion at a slightly faster rate than in February. The Employment Index rose 5.2 points to 59.6, while the New Orders Index rose 3.2 points to 68.0. ISM Report
Construction spending decreased 0.8% in February to an annualized rate of $1.52 trillion. Private construction declined 0.5%, while public construction fell 1.7%. Census Bureau Report