Initial claims for unemployment insurance unexpectedly fell by 5,000 to 326,000 last week following a downwardly revised 15,000 rise the week prior. Consensus expectations had been for 335,000 claims. The four week moving average of [...]
- Global| Dec 30 2004
Initial Claims For Jobless Insurance Fell
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 30 2004
Help-Wanted Advertising At Series' Low
The National Index of Help-Wanted Advertising published by the Conference Board fell to 36 in November, the bottom of the 36-40 range it has moved in since 2Q 2003. During the last ten years there has been an 88% correlation between [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 30 2004
Chicago Purchasing Agents' Index Down
The Chicago Purchasing Managers Business Barometer fell for the second consecutive month in December to 61.2, the lowest level since August. Consensus expectations had been for a decline to 62.3. During the last ten years there has [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 30 2004
Chicago Purchasing Agents' Index Down
The Chicago Purchasing Managers Business Barometer fell for the second consecutive month in December to 61.2, the lowest level since August. Consensus expectations had been for a decline to 62.3. During the last ten years there has [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 29 2004
Mortgage Applications Down
According to the Mortgage Bankers Association (MBA) Survey, total mortgage applications fell 1.7% last week to a level 39.4% below the peak in early March. Purchase applications rose 2.7%, the first increase in three weeks. That [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 29 2004
U.S. Existing Home Sales Up To Record High
Sales of existing single family homes rose 2.7% in November to 6.94M, the highest level on record. Consensus expectations had been for sales of 6.75M. The figures reflect closings of home sales in earlier months. The rise was driven [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 29 2004
U.S. Existing Home Sales Up To Record High
Sales of existing single family homes rose 2.7% in November to 6.94M, the highest level on record. Consensus expectations had been for sales of 6.75M. The figures reflect closings of home sales in earlier months. The rise was driven [...]
by:Tom Moeller
|in:Economy in Brief
- Global| Dec 28 2004
Strong Ending to Holiday Season Raised Chain Store Sales
Chain store sales surged 2.7% during Christmas week on top of two weeks of strong gain, according to the International Council of Shopping Centers (ICSC)-UBS survey. During the last three weeks chain store sales jumped 5.7%. That gain [...]
by:Tom Moeller
|in:Economy in Brief
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