Recent Updates
- Malaysia: CPI (May); Taiwan: Foreign Investment (May); Singapore: Weather Statistics (May); Vietnam: First 15 Days of Trade (Jun); China: Telecommunication (May)
- Japan: Air Transportation Revisions (2017)
- New Zealand: Jobs Online (May), BOP, IIP, External Debt (Q1); Australia: Job Vacancy (May)
- US: US Semiconductor Billings (May)
- US: New Residential Construction (May)
- more updates...
Economy in Brief
U.S. Energy Prices Are Mixed
Retail gasoline prices slipped to $2.88 per gallon last week (+24.2% y/y)...
U.S. Home Builder Index Backpedals
The Composite Housing Market Index from the NAHB-Wells Fargo fell 2.9% (+3.0% y/y) to 68 during June ...
Japan's Loses Its Trade Surplus
In May, Japan has logged its second trade deficit in 13 months and only its third in the last 28 months...
U.S. Industrial Production Slips Unexpectedly
The Federal Reserve reported that industrial production eased 0.1% (+3.5% y/y) during May...
Empire State Manufacturing Index Continues to Strengthen
The Empire State Manufacturing Index of General Business Conditions rose to 25.0 during June, the highest level in eight months...
by Tom Moeller August 10, 2015
The Labor Market Conditions Index from the Federal Reserve Board includes 19 indicators of labor market activity, covering the broad categories of unemployment and underemployment. These include jobs, workweeks, wages, vacancies, hiring, layoffs, quits and surveys of consumers and businesses. Because the trends in the index are slow-moving, Haver presents only the changes in the index. All are measured monthly and have been seasonally adjusted.
During July, the change in the index held fairly steady at 1.1. That left growth only slightly above this Winter's lows and nearly the weakest since Q2 2012.
The data are available in Haver's SURVEYS database.
| Labor Market Conditions Index | Jul | Jun | May | Jul'14 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|
| Monthly Index Change | 1.1 | 1.4 | 1.0 | 3.3 | 5.4 | 4.0 | 3.7 |
