U.S. Jobless Claims Fall; Manufacturing Appears to Stabilize

Reuters, Feb. 18, 2016–Mutikani, Lucia

Americans filing for unemployment benefits unexpectedly fell last week, pointing to labor market strength that could keep Federal Reserve interest rate hikes on the table this year. Other data on Thursday suggested the struggling manufacturing sector could be stabilizing, with factory activity in the mid-Atlantic region contracting at a slower pace in February.