September Employment Situation Report Weaker Than Expected
The Department of Labor Department (DOL) reports that employers added 148,000 non-farm jobs in September.
For five straight months, the National Association of Homebuilders/Wells Fargo Housing Market Index (HMI) has trended up.
The rate of jobless claims is an indicator for the health of the employment market, which is a factor in the health of the overall economy.
March’s preliminary consumer sentiment index report showed that overall consumer’s in the US are wary of the future of the economy.
The increase in gas prices drove a 3.2 percent increase in the energy index as well, even when the price index for natural gas was falling.
Data from the latest Jobless Claims Report and Employment Situation Summary (ESS) continue to point to strength in the economy.
February’s Retail Sales Report increased 1.1%. The report follows in a series of positive signs for the US economy.
The new Consumer Financial Protection Bureau will serve as a single contact point for consumers with complaints about financial products.
The Department of Labor reported weekly jobless claims of 362,000, representing an increase of 8,000 from last week’s report.
On February 29th the U.S. Department of Commerce’s Bureau of Economic Analysis released their GDP report for the fourth quarter of 2011.
A recent release regarding new home sales may provide information that is not altogether promising.