Economic Numbers

6:57am

Wed April 25, 2012
The Two-Way

Orders For Durable Goods Drop Sharply

Orders for equipment, appliances, aircraft and other so-called durable goods fell 4.2 percent in March from February, the Census Bureau reports.

It's the second decline in the past three months and the biggest monthly dip in three years. Much of the drop in March was due to a decline in orders for aircraft. "But companies also ordered less machinery and other equipment, a sign manufacturing output may slow," The Associated Press writes.

Read more

6:45am

Tue April 17, 2012

7:05am

Fri April 13, 2012
The Two-Way

Tame Inflation Report Gives Federal Reserve Reason To Stay Easy

Originally published on Fri April 13, 2012 7:08 am

The news that consumer prices rose a relatively modest 0.3 percent in March from February supports "the view the U.S. Federal Reserve has room to provide more support for the economy if needed," Reuters concludes. It adds that:

Read more

6:40am

Thu April 12, 2012
The Two-Way

Jobless Claims Rose By 13,000 Last Week

There were 13,000 more first-time claims for jobless benefits last week than the week before, the Employment and Training Administration just reported.

The agency says there were 380,000 such applications, up from 367,000 (a number that has been revised upward; previously, the agency had estimated there were 357,000 claims in the week ended March 31).

Claims had been running at the lowest pace since March and April 2008. At 380,000, the pace is the lowest since June 2008.

Read more

6:34am

Fri April 6, 2012
The Two-Way

Just 120,000 Jobs Added, But Jobless Rate Dips To 8.2 Percent

Originally published on Fri April 6, 2012 8:37 am

The changes in payroll employment over the past two years.
NPR

The nation's unemployment rate edged down to 8.2 percent in March from 8.3 percent in February, but only 120,000 jobs were added to private and public payrolls the Bureau of Labor Statistics said this morning in a report that was less positive about the labor market's health than economists had expected.

Prior to the news, forecasters had predicted BLS would say about 200,000 jobs were added to payrolls last month.

Read more

Pages