Number of Unemployed by Length of Unemployment
Average Recovery Would Have Us Back Above Prior Peak
Weekly Economic Update: February 4-8, 2013
Consumer credit increased 0.5% to $2.778 trillion in December 2012. The ISM services index slowed 0.5 point to 55.2 in January. Factory orders rose 1.8% in December. Productivity fell 2.0% in the 4th quarter of 2012. The U.S. trade deficit shrank 20.8% to $38.5 billion. Initial jobless claims fell 5...
Recent Economic Developments: Employment, Income, and GDP
Recovery Remains Weakest on Record & Job Creation Continues Slow Crawl
Obama Growth Gap Project to Grow
5.5% Growth Rate Needed Over Next 4 Years
Weekly Economic Update: January 14-18, 2013
Industrial production was up 0.3% in December. Retail sales rose 0.5% in December. The topline PPI fell 0.2% in December as the topline CPI was unchanged. Housing starts increased 12.1% in December as building permits were flat. Business inventories rose 0.3% in November. Initial jobless claims...
Weekly Economic Update: January 7-11, 2013
Consumer credit increased 0.6% to $2.768 trillion in November. The U.S. trade deficit increased 15.7% to $48.7 billion. The U.S. Treasury recorded a deficit of $0.3 billion in December. Initial jobless claims rose 4,000 to 371,000 for the week ended 1/5.
Weekly Economic Update: December 31, 2012 - January 4, 2013
The economy added 155,000 jobs in December as the unemployment rate held steady at 7.8%. The ISM index rose 1.2 points to 50.7 in December while the ISM services index increased 1.4 points to 56.1. Auto sales were down 1.0% in December. Construction spending fell 0.3% in November. Factory orders wer...
