Recent Updates
- US: Composite Indexes (Sep)
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Economy in Brief
U.S. Mortgage Loan Applications Continue to Decline As Interest Rates Rise
The MBA total Mortgage Applications Index fell 7.1% (-23.3% y/y) in the week ending October 12...
European Vehicle Registrations Plunge After Soaring
New car sales in the European Union in September plunged after registrations had ramped up ahead of the introduction of new emissions inspection rules...
U.S. Industrial Production Increases Moderately
The factory sector remains in good shape. Industrial production rose 0.3% (5.1% y/y) during September...
U.S. Home Builder Index Improves, but Remains Below Last Year's High
The Composite Housing Market Index from the NAHB-Wells Fargo inched up during October to 68 from an unrevised 67 in September...
U.S. JOLTS: Job Openings Rate Hits Another Record
The Bureau of Labor Statistics reported that the total job openings rate rose to a record 4.6% in August...
by Tom Moeller March 31, 2005
The Conference Board's National Index of Help-Wanted Advertising in February held onto the improvement during the prior month and was unchanged at 41.
During the last ten years there has been an 68% correlation between the level of help-wanted advertising and the three month change in non-farm payrolls.
The proportion of labor markets with rising want-ad volume slipped to 51% from 69% in January but remained up versus last year.
The Conference Board surveys help-wanted advertising volume in 51 major newspapers across the country every month.
The latest help wanted report from the Conference Board is available here.
| Conference Board | Feb | Jan | Feb '04 |
|---|---|---|---|
| National Help Wanted Index | 41 | 41 | 40 |
