US Economic Gauge Signals Weakness
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A key gauge of future economic activity weakened for a third straight month in August as costlier oil spread worry among consumers and businesses, a report from a business research group showed on Thursday .
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The U.S. factory sector and the job market showed surprising weakness in data released on Thursday, raising concerns the Federal Reserve may need to deliver more interest rate cuts to shore up the economy.
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Sentiment toward the U.S. housing sector remained poor in December and a regional factory index showed weakness, while other data on Monday suggested the dollar's shrinking value had boosted trade and capital inflows in recent months.
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The dollar fell against major currencies after a key survey of US manufacturing activity came in below expectations and renewed concerns about the US economy.
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Stocks looked set to open lower on  Wednesday, with the focus on economic data for clues about the  outlook for growth and the Federal Reserve's next monetary  policy move.
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The U.S. economy should contract slightly in coming months as the ongoing slump in the housing industry takes a deeper toll on the economy, a gauge of future business activity showed Thursday.
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New orders for U.S.-made durable   goods fell unexpectedly in August and mortgage applications   declined last week in spite of dropping interest rates, reports   pointing to economic weakness showed on Wednesday.
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A key forecasting gauge of future  U.S. economic activity fell for a fifth straight month in  October, a private research group said on Thursday.
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The dollar weakened on Wednesday on  dealers' renewed concern about the ability of the United States  to finance its trade and current account deficits, causing a  recent rebound in the currency to fizzle out.
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The dollar weakened on Friday after top  U.S. Federal Reserve officials sounded cautious on credit  tightening, fueling jitters in the market ahead of U.S.  employment figures due later in the day.
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The dollar sat tight near recent lows on  Thursday after soft manufacturing data failed to dispel  concerns that the U.S. economy may be running out of steam.
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A gauge of future economic activity showed the U.S. economy will slow in coming months, reversing recent gains and suggesting higher gas prices and a sluggish construction industry are beginning to take their toll
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NEW YORK, October 21  - The US leading economic indicators declined for the fourth consecutive month in September this year indicating sluggish economic growth going into 2005.
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The dollar edged down on Friday after  soft U.S. manufacturing data fueled the view that the Federal  Reserve may slow or even temporarily halt its tightening  campaign.
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Offering more evidence that the US economic recovery is losing steam, a closely watched gauge of future business activity has fallen for the second consecutive month.
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A perceived weakening of economic growth and employment prospects hurt US consumer confidence in June.
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WASHINGTON --A closely watched gauge of future economic activity slipped for a second straight month, a performance viewed as signaling a slowdown but not a recession.