Economy in Brief

The Bureau of Labor Statistics indicated in its Job Openings & Labor Turnover Survey (JOLTS) that the rate of 2.7% held at its May level and was improved versus the recession low of 1.6%. The job openings rate is the number of job [...]

Chain store sales were roughly unchanged last week (2.4% y/y) after a 1.7% decline during the prior week. However, the weakness contrasts with a solid 3.3% rise during all of July. During the last ten years there has been a 72% [...]

They've been rising for the last five weeks. But last week the pump price of regular gasoline jumped fourteen cents to $3.65 per gallon. Since the low, prices have risen 29 cents (8.6%), the highest since the last week of May. Haver [...]

Indonesia is one of the brighter spots among the emerging economies of the far East. The year to year increase in GDP was 6.39% in the second quarter, up from 6.31% in the first quarter and second only to growth in China. The first [...]

Indonesia is one of the brighter spots among the emerging economies of the far East. The year to year increase in GDP was 6.39% in the second quarter, up from 6.31% in the first quarter and second only to growth in China. The first [...]

Nonfarm payrolls grew an improved 163,000 last month following a 64,000 June rise, revised from 80,000. A 100,000 increase was expected. Improved job growth in manufacturing and private services accounted for the gain. The [...]

The Composite Index for the service and construction sectors from the Institute for Supply Management (ISM) ticked up to 52.6 in July following sharp declines in three of the prior four months. The figure remained near the lowest in [...]

Nonfarm payrolls grew an improved 163,000 last month following a 64,000 June rise, revised from 80,000. A 100,000 increase was expected. Improved job growth in manufacturing and private services accounted for the gain. The [...]