Weekly Economic and Market Review
President Obama signed the bill last week to extend the Bush tax rates for another two years. About the only people pleased by that fact were the Congress critters who voted for the extension and the occupants of the top tax bracket who were spared the inconvenience of meeting with their tax attorneys and CPAs to find a .. read more
Weekly Economic Data
There were few surprises in the economic data this week. Retail sales were weaker than expected but otherwise most of the data continues to point to recovery, albeit weaker than we would like. Nothing this week changes my outlook. Trade Balance: Both exports and imports rose; trade is slowly reviving. The deficit rose somewhat. A .. read more
Weekly Economic Update
ISM Manufacturing Index: A very positive report. Manufacturing is leading the recovery primarily due to the need to replenish inventories. New orders, production and employment were all very strong. How long will this last? Probably longer than most think right now. (Tempe, Arizona) — Economic activity in the manufacturing sector expanded in December for the .. read more
Economic Report: Jobless Claims
The number of people filing for first time unemployment benefits rose in the latest week, continuing its sharp upward trend that began during the first part of this new year. According to the US Department of Labor, for the week ending March 21st, initial jobless claims rose by 8,000 to stand at 652,000. That’s slightly off the highest levels seen since October 1982. .. read more
Economic Report: Jobless Claims
The number of people filing for first time unemployment benefits declined in the latest week, temporarily halting the sharp upward trend that began during the first part of this new year. According to the US Department of Labor, for the week ending March 14th, initial jobless claims fell by 12,000 to stand at 646,000. That’s slightly off the highest levels seen since October 1982. The .. read more
Economic Report: Jobless Claims
The number of people filing for first time unemployment benefits rose in the latest week, continuing the sharp upward trend that began during the first part of this new year. According to the US Department of Labor, for the week ending March 7th, initial jobless claims gained 9,000 to stand at 654,000. That’s slightly off the highest levels seen since October 1982. The .. read more
Economic Report: Jobless Claims
The number of people filing for first time unemployment benefits spiked lower in the latest week, temporarily halting the sharp upward trend that began during the first part of this new year. According to the US Department of Labor, for the week ending February 28th, initial jobless claims fell by 31,000 to stand at 639,000. That’s off the highest levels since October 1982. .. read more
Economic Report: Initial Jobless Claims
The number of people filing for first time unemployment benefits spiked higher in the latest week, continuing the sharp upward trend that began during the first part of this new year. According to the US Department of Labor, for the week ending February 21st, initial jobless claims rose by 36,000, to stand at 667,000. That’s the highest level since October 1982. The .. read more
