All Paper Economy
- Jobless claims drop to 366,000
Jobless claims declined by 5,000 to 366,000 claims from 371,000 jobless claims for the prior week.
- MBA: Mortgage rates rise to 3.63 percent
Mortgage rates increased 5 basis points to 3.63 percent since last week, according to the latest data from the Mortgage Bankers Association.
- Recession probability declines in November
The probability of recession declined to .22 percent in November 2012, according to a recession probability indicator.
- Construction spending rises in December
Construction spending increased 2.16 percent in December 2012 climbing 24.99 percent above the construction spending level seen in December 2011.
- Jobs report: Unemployment ticks up to 7.9 percent
Friday's jobs report shows that the unemployment rate ticked up slightly to 7.9 percent.
- Jobless claims jump by 38,000
Jobless claims increased by 38,000 to 368,000 claims from 330,000 jobless claims for the prior week.
- ADP: Private employers add 192,000 jobs in January
ADP, a private staffing and business services firm, said Wednesday that private employers added 192,000 jobs in January. The economy is currently showing the most growth for small to mid-sized service-providing jobs, according to the ADP report.
- Case-Shiller: Home prices down slightly in November
Home prices declined a slight 0.17 percent in November 2012, according to the S&P/Case-Shiller (CSI) home prices indices.
- Pending home sales drop in December
Pending home sales fell 4.3 percent in December 2012, according to the National Association of Realtors, but increased 6.9 percent above the pending home sales level seen in December 2011.
- Home sales fall in December
Home sales fell 7.3 percent in December 2012, but home sales rose 8.8 percent above the level seen in December 2011.
- Jobless claims drop to 330,000
Jobless claims declined by 5,000 to 330,000 claims from a revised 335,000 jobless claims for the prior week.
- Mortgage rates rise to 3.51 percent
Mortgage rates jumped to 3.51 percent since last week, according to the most recent data from the Mortgage Bankers Association.
- Home sales down in December
Home sales dropped 1 percent in December 2012, according to the National Association of Realtors, but home sales climbed 12.8 percent above the level seen in December 2011.
- Consumer sentiment sours in January
Consumer sentiment declined from the prior month with a reading of 71.3, the lowest consumer sentiment level seen since December 2011, according to data from the Reuters/University of Michigan Survey of Consumers.
- Housing market shows promise in December
Single-family housing permits rose 1.8 percent from November 2012 showing good signs for the housing market in December.
- Jobless claims decline by 37,000
Jobless claims declined by 37,000 to 335,000 claims from a revised 372,000 jobless claims for the prior week, according to the latest data.
- Housing market flat in January
The National Association of Home Builders' latest Housing Market Index showed housing activity went flat in January.
- Industrial production rises in December
Industrial production rose 0.26 percent since November 2012 and rose 2.25 percent above the level seen in December 2011, according to the Federal Reserve.
- Mortgage rates jump to 3.5 percent
Mortgage rates increased 2 basis point to 3.5 percent since last week, according to the Mortgage Bankers Association, which tracks mortgage rates.
- A mixed bag for manufacturing
Current assessments of manufacturing activity declined slightly, according to the latest report from the Empire State Manufacturing Survey.