Posts Tagged ‘economic data’

The Day’s Economic Data

There was some modestly good news on CPI, industrial production, and the Empire State business conditions index. I don’t know if that’s what is moving the stock market today — I hope not for all the data is pretty tenuous. All of the following is from Reuters: CPI Consumer prices rose 0.7 percent in June, […]

Americans Make More And Spend Less: Some Economic Numbers

A major industrial company files for bankruptcy, the economic date is so-so and the stock market soars. Go figure. Thanks to the stimulus plan, disposable income was up 1.1% in April. If you take out the effects of the stimulus plan it was up 0.7%. Americans, however, decided not to part with the extra cash […]

Unemployment Claims And Other Assorted Bits Of Data

Here’s some quick economic data. New claims for unemployment benefits last week dropped to 631,000 from 643,000 the week before. The four week moving average fell from 632,000 to 628,500. No reason to break out the good champagne on those numbers. Here’s the summary of the Philly Fed’s monthly survey: According to respondents to the […]