The US Unemployment Rate measures the percentage of total employees in the United States that are a part of the labor force but are without a job. It is one of the most widely followed indicators of the health of the US labor market and economy. Historically, the US Unemployment Rate reached as high as 10.80% in 1982 and 9.9% …
ISM Manufacturing Index
The ISM Manufacturing Index is derived from a survey of purchasing managers and their outlook on overall conditions by looking at factors such as orders for durable goods, industrial production, and hiring. It gives a general direction rather than the specific strength of the factory sector and manufacturing activity in the U.S. A reading above 50 is an indicator that …