Economic Numbers

6:35am

Fri March 16, 2012
The Two-Way

Consumer Prices Rose 0.4 Percent Last Month

Consumer prices rose 0.4 percent in February from January, the Bureau of Labor Statistics just reported. The increase — the largest in the past 10 months — was mostly fueled by higher prices for gasoline.

Excluding the food and energy sectors, prices rose 0.1 percent. That's a sign that the so-called core rate of inflation remains in check.

According to BLS:

-- Gas prices spiked 6 percent last month and were up 12.6 percent from February 2011.

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6:38am

Thu March 15, 2012
The Two-Way

Jobless Claims Fell By 15,000 Last Week

There was a 14,000 decline in the number of people filing first-time claims for unemployment insurance last week, the Employment and Training Administration just reported:

"In the week ending March 10, the advance figure for seasonally adjusted initial claims was 351,000, a decrease of 14,000 from the previous week's revised figure of 365,000. The 4-week moving average was 355,750, unchanged from the previous week's revised average of 355,750."

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7:04am

Tue March 13, 2012
The Two-Way

Retail Sales Posted Solid Gain In February

There was a 1.1 percent increase in retail sales in February from January, the Census Bureau says. It was the largest rise in five months, Reuters reports.

And the gain didn't come just become rising gas prices led to a 3.3 percent increase in the value of gasoline sales. According to The Associated Press, retail sales rose 0.8 percent excluding gasoline.

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5:45am

Fri March 9, 2012
The Two-Way

Unemployment Rate Likely Held Steady At 8.3 Percent, Economists Say

Will more signs such as this be showing up? (Nov. 30, 2011 file photo from San Rafael, Calif.)
Justin Sullivan Getty Images

Here's what to expect at 8:30 a.m. ET when the Bureau of Labor Statistics releases its much-anticipated February jobs report, economists say:

-- "The economy probably created 210,000 jobs last month, according to a Reuters survey, following January's tally of 243,000. The unemployment rate is expected to have held at a three-year low of 8.3 percent."

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6:35am

Thu March 8, 2012
The Two-Way

Jobless Claims Rise By 8,000

There were 362,000 first-time clams for unemployment insurance last week, up 8,000 from the week before, the Employment and Training Administration just reported.

That means the number of claims has moved up slightly, but remains around the lowest level since this time four years ago.

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