Sentences with phrase «strong upward revisions»

Friday's September jobs report, including the strong upward revisions for prior months, a sizable increase in earnings, and a sharp decline in the unemployment rate, should provide further impetus for improving consumer confidence in the housing market.»

The report also noted a strong upward revision for the April rate of sales, increasing from a 569,000 annual pace to 593,000.

Not exact matches

That revision was offset by upward revisions in business investment spending on structures and equipment and by stronger sales of U.S. exports.

End - of - week profit taking prevented the U.S. dollar from extending its gains on Friday despite stronger - than - expected first - quarter U.S. GDP growth and an upward revision to the University of Michigan's consumer confidence index.With that in mind, steady growth and rising inflation expectations should foster further gains in the dollar next week as investors are convinced that the Federal Reserve will use the May meeting to prepare the market for a June hike.

The upward revision reflects not only the continuation of robust growth in the US, but also stronger than expected recoveries in Japan and Asia more generally.

As mentioned, February's labor market report was strong, with nonfarm payrolls up by 235,000 — well ahead of consensus expectations of 200,000 — and an upward revision to January's already robust job gains number.

The strong data, along with upward revisions to prior months, have prompted Fed watchers to begin to forecast a faster pace of tightening by the US Federal Reserve.

The mining industry experienced the largest upward revisions to earnings forecasts, with market analysts expecting profitability to remain high as a result of continued strong demand for commodities.

Along with an upward revision to June's already - robust number, the latest figures left average monthly job gains so far in 2017 at 185,000, close to the strong pace set in 2016.

This pattern of a stronger - than - expected contribution from US consumers was reflected in July's retail sales report, which not only came in well ahead of consensus expectations, but also included significant upward revisions to the weak figures seen in May and June.

If overall valuations are increasing, it makes sense for stocks that have strong earnings growth and upward analyst revisions to go up at a faster rate.