What Is the Durable Goods Orders Index?
The Durable Goods Orders Index is a crucial economic index released monthly by the U.S. Census Bureau. It measures the value of new orders placed with U.S. manufacturers for goods that are expected to last for more than three years, such as automobiles, household appliances, heavy machinery, aerospace equipment, and industrial tools. Analysts and investors…
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Definition of Retail Sales
Retail refers to the purchase of goods or the use of services by consumers. These goods and services have reached the end of the supply chain and are now sold to the final consumer. This chain starts with the producer of the goods andends with retail. What is meant by the Retail Sales Index The…
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What Is the JOLTS Job Openings Index?
The Job Openings and Labor Turnover Survey (JOLTS) is a crucial analytical tool in the labor market, compiled and released by the U.S. Bureau of Labor Statistics. This survey is designed to measure job vacancies and labor turnover in the U.S. labor market. Various data, including job openings, the number of people who have quit…
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What Is the NFP Index?
The Non-Farm Payroll (NFP) report refers to the number of jobs created in the non-agricultural sector of the United States during a one-month period. In the US economy, NFP is a crucial economic indicator, often considered the most significant economic indicator influencing markets, including the Forex market. NFP data is typically released on the first…
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Producer Price Index (PPI)
The Producer Price Index (PPI) reflects the price fluctuations of goods and services offered by a country’s producers and is published in the second week of each month. Simply put, the PPI indicates how prices of goods and services change from the time they are offered by the producer to the time they reach the…
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