News

U.S. Job Gains Revised Down by Nearly 1 Million

BLS). This report is the preliminary benchmark revision of the BLS establishment survey, which the agency performs every year; the final revision will be issued in February. What it means: The revision indicates that the BLS survey greatly overstated job gains last year. In the period between April 2024 and March 2025, 1.76 million new …

Factory Shipments Increase in July, Unfilled Orders Stay the Same

New orders for manufactured goods declined 1.3% in July, following a 4.8% drop in June. On the other hand, new orders for manufactured goods grew 3.5% over the year. When excluding transportation, new orders inched up 0.6% over the month and 0.7% year-over-year in July. Orders for durable goods decreased 2.8%, following a 9.4% dive …