Research >> Economics

Category: Research - Topic: Economics - 200808



Business Inventories up 0.7%
Posted: August 13, 2008 at 10:09 AM (Wednesday)

Sales. The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for June, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,212.4 billion, up 1.7 percent (±0.2%) from May 2008 and up 9.2 percent (±0.4%) from June ...


U.S. Import Price Index up 1.7%
Posted: August 13, 2008 at 09:00 AM (Wednesday)

The U.S. Import Price Index increased 1.7 percent in July, the Bureau of Labor Statistics of the U.S. Department of Labor reported today, after a 2.9 percent rise in June. Both petroleum and nonpetroleum prices contributed to the advance, increasing 4.0 percent and 0.9 percent, respectively. Export prices rose 1.4 percent in July following a ...


U.S. Retail Sales for July decrease of 0.1%
Posted: August 13, 2008 at 09:00 AM (Wednesday)

The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for July, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $384.6 billion, a decrease of 0.1 percent (±0.5%)* from the previous month and 2.6 percent (±0.7%) above July 2007. Total sales ...


Mortgage Applications Decrease Slightly In Latest Survey
Posted: August 13, 2008 at 08:30 AM (Wednesday)

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 8, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 425.9, a decrease of 1.5 percent on a seasonally adjusted basis from 432.6 one week earlier. On an unadjusted basis, the Index decreased ...


US Trade Deficit Decreases in June 2008
Posted: August 12, 2008 at 09:00 AM (Tuesday)

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total June exports of $164.4 billion and imports of $221.2 billion resulted in a goods and services deficit of $56.8 billion, down from $59.2 billion in May, revised. June exports were $6.4 billion more than May exports ...


June Wholesale Trade up 2.8 percent
Posted: August 8, 2008 at 11:00 AM (Friday)

Sales. The U.S. Census Bureau announced today that June 2008 sales of merchant wholesalers, except manufacturers’ sales branches and offices,after adjustment for seasonal variations and trading-day differences but not for price changes, were $411.2 billion, up 2.8 percent (+/-0.5%) from the revised May level and were up 17.0 percent (+/-1.0%) ...


2Q2008 - Preliminary productivity data
Posted: August 8, 2008 at 09:00 AM (Friday)

The Bureau of Labor Statistics of the U.S. Department of Labor today reported preliminary productivity data--as measured by output per hour of all persons--for the second quarter of 2008. The seasonally adjusted annual rates of productivity change in the second quarter were:
2.3 percent in the business sector and 2.2 percent in the ...


DJ-BTMU U.S. Business Barometer declined by -0.5%
Posted: August 7, 2008 at 10:30 AM (Thursday)

For the week ending July 26, 2008, the DJ-BTMU U.S. Business Barometer declined by another -0.5 percent as the production side of the barometer represented a heavy drag on the economy for a third straight week. Through the first half of 2008, vehicle and lumber production have accounted for nearly all the weakness in the barometer, showing ...


Pending Home Sales Rise, Wider Gains Anticipated
Posted: August 7, 2008 at 10:15 AM (Thursday)

Some improvement is projected for existing-home sales in the months ahead, with broader gains seen by the fourth quarter as buyers take advantage of new provisions provided through the recently passed housing stimulus bill, according to the latest forecast by the National Association ...


Weekly Unemployment Insurance Claims up 7,000
Posted: August 7, 2008 at 09:39 AM (Thursday)

In the week ending Aug. 2, the advance figure for seasonally adjusted initial claims was 455,000, an increase of 7,000 from the previous week's unrevised figure of 448,000. The 4-week moving average was 419,500, an increase of 26,750 from the previous week's revised average ...


Weekly Mortgage Applications Slightly Increase
Posted: August 6, 2008 at 08:30 AM (Wednesday)

Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 1, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 432.6, an increase of 2.8 percent on a seasonally adjusted basis from 420.8 one week earlier. On an unadjusted basis, the Index increased ...


FOMC leaves rates unchanged at 2%
Posted: August 5, 2008 at 03:00 PM (Tuesday)

The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent.

Economic activity expanded in the second quarter, partly reflecting growth in consumer spending and exports. However, labor markets have softened further and financial markets remain under considerable stress. Tight credit conditions, the ongoing housing contraction, and ...


ISM Non-Manufacturing Index - July 2008 : 49.5
Posted: August 5, 2008 at 11:00 AM (Tuesday)

"The NMI (Non-Manufacturing Index) increased 1.3 percentage points in July to 49.5 percent, indicating contraction for the second consecutive month in the non-manufacturing sector. The Non-Manufacturing Business Activity Index decreased 0.3 percentage point to 49.6 percent. The New Orders Index decreased 0.7 percentage point to 47.9 percent, ...



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