Weekly Jobless Claims Drift Down; Retail Sales Edged Up in September
Can it be that unemployment is looking up? According to the Department of Labor on Thursday, "the advance figure for seasonally adjusted initial claims was 445,000, a decrease of 11,000 from the prior week.
Q2 GDP Revised Up, Jobless Claims Down, Chicago PMI Upbeat
Thursday's economic data told a positive story--with GDP revised higher, jobless claims below consensus, and positive manufacturing numbers out of Chicago--but analysts say the economy has a long way to go before it will truly be in full recovery.
New Home Sales Still Dismal; Stocks Surge on Durable Goods Report
New home sales figures released Friday by the Census Bureau showed that housing had a long way to go before it joined the "expansion" and orders for durable goods fell 1.3%, but its core components rose.
ISM Manufacturing Up, but ADP Private-Sector Jobs Down
The overall effect of all the economic data rolling in on Wednesday, September 1, was flat as the ISM manufacturing report showed strength but the ADP jobs report showed weakness.
Retail Chain-Store Sales, Revolving Credit, Jobless Claims Show Consumers on Shaky Ground
Retail, credit, and jobless claims data released Thursday, July 8, suggested that the U.S. economy continues its upward climb but that consumers have a long way to go before they can regain the ground they lost when the recession hit.
Jobs Report for June Showed Unemployment Down to 9.5%, but 125,000 Fewer Jobs
The widely watched U.S. Labor Department employment report for June disappointed expectations, showing a decline of 125,000 payroll jobs, but it also showed that the unemployment rate edged down to 9.5%.
Jobs Report for June Showed U.S. Unemployment Down to 9.5%, But 125,000 Fewer Jobs
Economists' expectations were for a 9.8% unemployment rate and a 110,000 rise in jobs.
Personal Income Rose Slightly in May; Consumer Spending Nearly Flat
Personal income in May increased slightly, at 0.4%, and consumer spending also rose, but at an even slower rate of 0.2%, the U.S. Department of Commerce reported Monday, June 28.