Economy

961  -  980  of  1290

April 22, 2003

Pre-war Data Push Leading Economic Indicators Down

The Conference Board reported that its index of leading economic indicators fell 0.2% in March on top of a 0.6% decline over the prior two months.

April 17, 2003

Housing Starts Improve With the Weather

Housing starts jumped 8.3% to a 1.78-million annual rate from February's weather-reduced total.

April 11, 2003

Energy Prices Drive Inflation Up; Retail Sales Jump

The March Producer Price index from the Department of Commerce soared 1.6% from February on top of a 2.5% rise over the prior two months.

April 11, 2003

Being Prepared is Key for Upswing Says Leasing Group

The Equipment Leasing Association's (ELA) president, Michael Fleming, told industry leaders in Chicago last week that there is pent-up demand for new equipment that will require companies to seek out more flexible financing to meet the demand

April 10, 2003

Rising Import Prices Cut Trade Deficit

The U.S. trade deficit improved 3.2% in February as the balance of services improved, goods exports rose 1.1% and goods imports fell 0.2%, according to the Department of Commerce.

April 4, 2003

Jobless Figures Up, But So Are Hourly Wages

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

SARS Virus Threatens Asian Imports

The SARS virus has begun to slow economic activity in Asian economies, says Newport Communications' senior economist Jim Haughey.

April 2, 2003

Manufacturing Slips in February

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

March Manufacturing Index Falls Sharply

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

February Income Rises, Spending Volume Falls

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 Durable Goods Shipments, Orders Decline

February manufacturing shipments fell 1.6% and orders dropped 1.2% in a new Commerce Department report released Thursday

March 25, 2003

Consumer Confidence Remains Low

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

Leading Indicators Give Up Recent Gain

The Index of Leading Economic Indicators dropped 0.4% in February after rising modestly for four months.

March 18, 2003

Storms Slow Housing Starts, But Boom Continues

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

Oil Prices Drive Inflation Higher; Factory Production Down

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 Drop Sharply

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

Economic Reports Show Mixed Results

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

Durable Shipments & Orders Jump

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

Manpower Survey Shows Hiring to Decline in 2nd Quarter

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

Home Building Hits 16-Year High

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

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