Released from the U.S. economy today report jobless claims to indicate a decrease in the frequency of jobless claims by unemployed during the past week in the United States to the lowest level since the month of February, where improved jobless claims weekly for the week ending on the sixth of October / October to 339 thousand request, compared with the previous reading that have been modified to 369 thousand request, but lower than expectations, which amounted to 370 thousand request.
Moreover came jobless claims continuing and which refers to the number of Americans who applied to claims so far, down to 3273 A Request for the week ending twenty-ninth of September / September, compared with the previous reading that have been modified to 3288 A. request, and the best of expectations, which amounted to 3275 thousand request.
Showed the U.S. economy recently reduced the unemployment rate in the country to 7.8%, while it confirmed the Feds third round of plans of quantitative easing (QE), to support the growth in the U.S. economy, and by U.S. $ 40 billion per month, while linking Feds end his stimulus program improved the performance of the U.S. labor sector.
We must point out that the U.S. economy disclosed also for data Trade Balance report, which pointed to the expansion of the deficit in the trade balance to 44.2 billion U.S. dollars, compared with the previous reading that have been modified to deficit of $ 42.5 billion, and worst than expectations of a deficit of 44.0 billion dollars.
This is read the trade balance this logical too, especially if you look at crude oil prices during the reporting period, rising oil prices during August / August to levels $ 96 U.S. per barrel, which hurt exports U.S. significantly, and thus expand the trade deficit U.S..
The U.S. economy is still in the face of difficult challenges that stand in front of the offering to achieve long-term growth, which is in high unemployment and tight credit conditions in addition to the continuation of the European debt crisis and weak spending levels.
And for the economy are closest to the U.S. economy, which is the Canadian economy, has issued the day index international merchandise trade, which showed shrinking deficit in the trade balance during the month of August / August to 1.32 billion Canadian dollars, compared with the previous reading, which amounted to -2.34 billion Canadian dollars and have been adjusted to -2.53 billion Canadian dollars, and better than expectations, which amounted to -1.90 billion Canadian dollars.
