April 4, 2003
Even with 108,000 fewer jobs, the labor market report for March was still better than the report for February, says Jim Haughey, Newport Communication's senior economist
April 3, 2003
The SARS virus has begun to slow economic activity in Asian economies, says Newport Communications' senior economist Jim Haughey.
April 2, 2003
Nondurable goods orders and shipments dropped 1.4% in February from January according to a new report from the Department of Commerce.
April 1, 2003
The March manufacturing index from the Institute of Supply Management (ISM) dropped to 46.2 in March from 50.5 in February over concerns about the impact of the war in Iraq.
March 28, 2003
Personal income rose 0.3% in February, on track with the trend over the past year, but nervous consumers kept consumption spending unchanged while the volume of consumer purchases, after inflation, fell 0.4% due to soaring energy prices.
March 27, 2003
February manufacturing shipments fell 1.6% and orders dropped 1.2% in a new Commerce Department report released Thursday
March 25, 2003
The March consumer confidence index slipped marginally lower to 62.5, according to The Conference Board's monthly survey, released on Tuesday.
March 20, 2003
The Index of Leading Economic Indicators dropped 0.4% in February after rising modestly for four months.
March 18, 2003
February housing starts fell to 1.62 million from 1.82 in January, mostly due to unseasonably bad building weather in much of the country.
March 14, 2003
The Producer Price Index increased 1.0% in February on top of a huge 1.6% rise in January. Meanwhile, factory production dropped 0.1% for the month.
March 13, 2003
February retail sales fell 1.7%, confirming that bad weather and war fears have ended the brief December/January 1.9% surge in consumer spending.
March 3, 2003
Personal income and construction spending are on the rise, manufacturing is slowly expanding while consumer spending is down according to different economic reports released Monday
February 27, 2003
The U.S. manufacturing sector started off the year with a bang, reporting its biggest gain in durable goods shipments and orders since last July.
Shipments of manufactured durable goods in January increased 3.5% following a 2% December decrease
February 21, 2003
U.S. employers will be hiring at a moderately slower pace during the second quarter of 2003, according to the Employment Outlook Survey, conducted by Manpower Inc. and released today.
February 19, 2003
Construction of new homes and apartments rose to their highest level in 16 years during January, while the number of new building permits fell.
The U.S. Commerce Department this week reported a 0.2% increase in construction compared to Decembe
February 14, 2003
Industrial production in the United States increased 0.7% in January, the best performance in six months
February 13, 2003
U.S. retail sales fell in January due to a sharp decline in auto sales while the rest of the sector posted its best performance in some time, according to figures released Thursday by the Commerce Department
February 7, 2003
The unemployment picture improved in the United States during January with the creation of new jobs occurring at the fastest rate in more than two years
February 4, 2003
New orders at United States factories increased in December while shipments fell, according to a report released by the Commerce Department Tuesday
February 3, 2003
Economic activity in the manufacturing sector grew for the third consecutive month during January while construction spending moved up in December and diesel fuel prices reached their highest levels since 2000 according to three separate reports released Monday
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