U.S. Economic News

December 3, 2020

U.S. Economic Indicators

The ISM Services Index fell 0.7 point to 55.9 in November, indicating continued growth in the services sectors but at a slower pace than October. The New Orders Index fell 1.6 points to 57.2, while the Employment Index increased 1.4 points to 51.5. ISM Report

Initial jobless claims fell 75,000 to 712,000 last week. The four-week moving average decreased 11,250 to 739,500. DOL Report