Expected

Apple, GM and Boeing lead the trend as US-based corporates source suppliers closer to home. The trend towards nearshoring supply chains is happening faster ...

And as the climate continues to affect transportation, the closer to your customers your product can be throughout the supply chain the better. Five percent of iPhone 14 production shifted to the country in 2022 as the company diversifies manufacturing away from China. The economy is currently the primary concern: 65% of SCM professionals say economic inflation is a top concern going into 2023. It found that many US-based corporate giants have already found new suppliers closer to home and have made substantial investments in US manufacturing. 45% plan to switch all of them. By 2025, a quarter of all iPhones produced by Apple could be made in India, according to JP Morgan analysts.

The U.S. added 223,000 jobs in December, the Bureau of Labor Statistics said Friday in its monthly nonfarm-payrolls report, down from a revised 256,000 jobs ...

CoinDesk is an independent operating subsidiary of [Digital Currency Group](https://dcg.co/), which invests in [cryptocurrencies](https://dcg.co/#digital-assets-portfolio) and blockchain [startups](https://dcg.co/portfolio/). [ Consensus 2023](https://consensus.coindesk.com/), CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. [strict set of editorial policies](/ethics/). Average hourly earnings rose 0.3% in December, down from 0.4% growth in November and below expectations for an 0.4% increase. Before Friday's jobs report, traders had been split on whether the Fed would increase rates by 0.25 percentage point at its next meeting in February. Monthly job gains in the first half of 2022 were routinely above 300,000, and December's number is the lowest since April 2021.

Mai Yassin, export manager at Egyptian fresh produce exporter Stars of Export, states that this stage of the spring onion season is a challenging one: “The ...

FAS Lima forecasts Peruvian blueberry production for marketing year (MY) 2022 (March-April) to reach a record 280,000 metric tons (MT), with exports expected to reach 270,000 MT. The delegations were hosted by Asoex, the Chilean Association of Fruit Exporters as well as their US based team. The company's banana, which it grows in Tenerife and which it… These assets include a new 185,000 square foot cold storage and packaging facility and 1,000 acres of farmland in the Delta… "In the last three days we have seen orders going up by 300% and considering we are in fresh food… Japanese agritech startup AGRIST has released their intelligence-powered harvesting robot at the 2023 Consumer Electronics Show (CES) in Las Vegas. Madhya Pradesh, located in the heart of India, is an agricultural state. Energy crisis, rising production material prices, chronic labor shortages-these are the increasingly heavy burdens weighing on the shoulders of fruit and vegetable companies. Having introduced vegetable sticks earlier this year, Snijpunt in the Netherlands are now exploring the following new products: cucumber and zucchini halved and cleaned of seeds. The annual gathering of the key players in the global fresh produce business will take place in Berlin from 8 to 10 February 2023. Almost all of the Clemenules has already been marketed, as the production has dropped by more than 30%, and the same can be said of its successor, the Clemenvilla, whose… As the shelf life of consumer goods is one of the major concerns for consumers, IQF fruits and vegetables are becoming more and more popular.

Nonfarm Payrolls in the US rose by 223000 in December, the data published by the US Bureau of Labor Statistics revealed on Friday. This reading came.

EV giant stock is oversold, buying the dip below $100 could be profitable. The author makes no representations as to the accuracy, completeness, or suitability of this information. Gold price gathered bullish momentum and rose above $1,860 in the American session. Ethereum price has been performing far better in comparison to other altcoins despite correcting significantly during the FTX crash. Tesla stock continues to suffer as delivery data plummets. The author has not received compensation for writing this article, other than from FXStreet. This reading came in much higher than the market expectation of 200,000 and followed November's increase of 256,000 (revised from 263,000). The author will not be held responsible for information that is found at the end of links posted on this page. [Read more](https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-may-drop-12-before-it-reaches-1-300-202301060412) [TSLA struggles as deliveries and Elon Musk scare investors](https://www.fxstreet.com/news/tesla-stock-news-tsla-struggles-as-deliveries-and-elon-musk-scare-investors-202301061028) The Labor Force Participation Rate improved modestly to 62.3% from 62.1% and the annual wage inflation, as measured by the Average Hourly Earnings, declined to 4.6% from 4.8%, compared to market expectation of 5%. It also does not guarantee that this information is of a timely nature. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

The report said non-farm payroll employment jumped by 223,000 jobs in December after surging by a revised 256,000 jobs in November. Economists had expected ...

The unemployment rate was expected to come in unchanged compared to the 3.7 percent originally reported for the previous month. (RTTNews) - Employment in the U.S. The Labor Department also said the unemployment rate edged down to 3.5 percent in December from a revised 3.6 percent in November.

Inflation in Europe is falling faster than expected, but there are signs the price surge is not over just yet.

Across the Atlantic, inflation in the US has been steadily falling from a peak of 9.1 per cent in June and is now running at just over seven per cent. The ECB last year signed off its first rate rise in more than a decade and took rates firmly into positive territory to tame a record inflation problem. Core prices – seen as a more accurate measure of true inflation – climbed to 5.2 per cent in December, the highest since records began. [Data from the UK stats agency, the Office for National Statistics, just before Christmas revealed inflation dropped to 10.7 per cent in November, down from a peak of 11.1 per cent](https://www.cityam.com/breaking-inflation-easing-slightly-as-uk-price-index-drops-to-10-7-per-cent/). The new numbers add to the growing body of evidence indicating the strong inflation rise over the last 12 months is in the early stages of unwinding. A flash estimate by stats agency Eurostat for the rate of price increases in the eurozone came in at 9.2 per cent in December, lower than market expectations of 9.5 per cent.

The US economy added more jobs than expected last month, but cooling wage growth may prompt the Fed to reject further big rate increases.

But we continue to expect weaker labour market conditions to push wage growth even lower soon, helping to reinforce the downward trend in core inflation already underway,” Andrew Hunter, senior US economist at consultancy Capital Economics, said. [Rate setters are trying to get inflation back down to their two per cent target. Over the course of last year, the pace of price increases surged to a peak of 9.1 per cent in the summer](https://www.cityam.com/us-inflation-falls-quicker-than-expected-nailing-on-slow-down-from-federal-reserve/). The data presents a headache for Fed chair Jerome Powell and the rest of the federal open market committee (FOMC). The rise in employment volumes sent the American unemployment rate down to 3.5 per cent, also beating traders’ bets and down from the last set of numbers. However, pay growth stemmed to 4.6 per cent over the year, lower than a five per cent consensus forecast and November’s 5.1 per cent increase.

FTSE 100 continues strong start to the year, up 43 points US non-farm payrolls rise 223000, wage inflation below forecast EU CPI falls to...

Indicative of the European Central Bank’s persistent hawkishness, despite surprisingly soft German and Italian inflation data, the EUR/GBP pair showed strength by closing 0.4% higher at 88.33p on Thursday. While this month’s fall was less spectacular than November, it was more comprehensive – as prices fell in every region across the UK” she noted. [#construction]activity fell for the first time since August, as the [#PMI]reaches 48.8 in Dec (Nov: 50.4) amid contractions in residential and civil engineering sectors. would complicate the committee’s effort to restore price stability”. Good news is bad news as it increases the propensity of the central bank to continue hiking rates and to keep them there for longer. “The ADP private employment report this week topped estimates in December, potentially paving the way for a better-than-expected jobs report later today,” commented Victoria Scholar, head of investment at interactive investor. Martin Beck, chief economic advisor to the EY ITEM Club, said: “A fall in construction activity wasn’t surprising. "That said, core inflation actually rose over the year. “No doubt, the sector faces a difficult period ahead. It is also to pay out US$2bn in [EU and UK ](https://www.proactiveinvestors.co.uk/companies/news/1002557/shell-to-pay-out-us-2bn-in-eu-and-uk-windfall-taxes-1002557.html)windfall taxes. “This report will not stop the Fed raising rates by 50 basis points in February. “Bottom line, this will do little to deter the Fed from its current hawkish stance.

The unemployment rate fell to 3.5% versus an estimate of 3.7%. November's reading was revised lower to 3.6%.

The U.S. Treasury yields are trading flat after the report, but down off their high. The unemployment rate fell to 3.5% versus an estimate of 3.7%.