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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Economy Watch Archive: Data

New weekly jobless claims fall by 21,000, an eight-week low

UPDATED at 12:21 p.m. with impact of automakers: The number of new jobless claims filed last week dropped by 21,000 to 454,000, the lowest number in eight weeks. Even more promising, the number of continuing claims dropped by 224,000 to...

By Frank Ahrens  |  July 8, 2010; 12:21 PM ET  |  Permalink  |  Comments (4)
Categories:  Data  
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Clarification on the early use of the telegraph in financial transactions

I wrote this piece in Sunday's paper, in which I wrapped up a lot of dismal economic data from last week and noted that most of the wobbly economic recovery we've had so far has come from various government stimuli,...

By Frank Ahrens  |  July 6, 2010; 12:38 PM ET  |  Permalink  |  Comments (0)
Categories:  Data  
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Behind the unemployment rate: Private-sector hiring still weak

As we do every month, let's unpack the data buried in today's June jobs report from the Labor Department's Bureau of Labor Statistics: Headline numbers: The official U.S. unemployment rate dropped from 9.7 percent to 9.5 percent. About 125,000 jobs...

By Frank Ahrens  |  July 2, 2010; 2:50 PM ET  |  Permalink  |  Comments (8)
Categories:  Data , Unemployment  
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May income, spending and personal savings all rise

May personal income rose 0.4 percent and consumer spending rose 0.2 percent, numbers that came in line with expectations and that suggest the recovery creeps forward. Also, the May personal savings rate was 4 percent, the highest figure since September...

By Frank Ahrens  |  June 28, 2010; 9:05 AM ET  |  Permalink  |  Comments (1)
Categories:  Data  
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U.S. first-quarter GDP revised downward in troubling move

The government made a surprise reduction in its estimate of first-quarter GDP this morning, saying the economy grew at a 2.7 percent rate in the first three months of 2010, not a 3 percent rate, as previously computed. This is...

By Frank Ahrens  |  June 25, 2010; 10:23 AM ET  |  Permalink  |  Comments (0)
Categories:  Data  
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May new home sales plunge 33%, surprising everyone

Forecasters were expecting that May new home sales would decrease compared with April, but not by this much: down 32.7 percent to an annualized sales rate of 300,000, which is a record low, according to numbers out moments ago. May...

By Frank Ahrens  |  June 23, 2010; 10:02 AM ET  |  Permalink  |  Comments (30)
Categories:  Data  
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Older Entries in This Category »

Existing home sales take surprise tumble, Frank Ahrens , June 22, 2010
Weekly mortgage rates up from yearly low, Washington Post staff , June 17, 2010
Steep rise in industrial production , Neil Irwin , June 16, 2010
Housing starts down in May, Dina ElBoghdady , June 16, 2010
May retail sales unexpectedly fall, Frank Ahrens , June 11, 2010
Stocks rally to close, recoup week's losses, Frank Ahrens , June 2, 2010
April personal income up, spending flat, Frank Ahrens , May 28, 2010
April consumer inflation essentially flat, Frank Ahrens , May 19, 2010
Stocks close down, continue multi-day slump, Frank Ahrens , May 18, 2010
April retail sales beat expectations, Frank Ahrens , May 14, 2010
Truer unemployment rate rises to 17.1%, Frank Ahrens , May 7, 2010
Existing-home sales rise amid market sell-off, Frank Ahrens , April 22, 2010
Number of new jobless claims dips slightly, Frank Ahrens , April 1, 2010
GDP + consumer confidence numbers = stagnation, Frank Ahrens , March 26, 2010
Video: Why is inflation so low?, Frank Ahrens , March 18, 2010
D.C. unemployment rate reaches 12%, Sarah Halzack , March 10, 2010
Truer unemployment rate rises to 16.8%, Frank Ahrens , March 5, 2010
Fourth-quarter GDP revised upward to 5.9 percent, Frank Ahrens , February 26, 2010
This week's economic data paint a gloomy forecast, Frank Ahrens , February 25, 2010
New jobless claims unexpectedly rise 22,000, Frank Ahrens , February 25, 2010
Is inflation finally here?, Frank Ahrens , February 18, 2010
 
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