May 23, 2003
The $330-billion tax approved Friday by Congress will almost immediately add some fiscal stimulus to the economy
May 19, 2003
April housing starts fell 6.8% to a 1.63 million annual rate, but the decline is not seen as a trend suggesting weakness
May 16, 2003
Factory output fell 0.6% in April after declining 0.1% in each of the two previous months, according to the Federal Reserve Board
May 14, 2003
April retail sales held their big gain in March, so the spring quarter has begun with sales 1% above the winter quarter average, according to Jim Haughey, senior economist for Newport Communications.
May 7, 2003
The amount of economic damage from the SARS virus cannot yet be fully measured because World Health Organization reports suggest that there are likely some contagious people not yet quarantined in several regions in China.
May 1, 2003
Manufacturing activity declined marginally in April after a big drop in February, with the ISM index of manufacturing activity falling to 45.4 from 46.2 based on a survey of industrial buyers
April 30, 2003
The consumer confidence index from the monthly Conference Board survey increased to 81.0 in April from 61.4 in March.
April 29, 2003
Personal income gained 0.4% in March after a 0.2% rise in February, according to the Commerce Department
April 25, 2003
Manufacturers shipped 1.0% more durable goods in March than February and booked 2.0% more orders, according to a Commerce Department report.
April 23, 2003
More than 75% of the fleets polled by CK Marketing & Communications this month, indicated that they plan to purchase both power units and trailer
April 22, 2003
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 jumped 8.3% to a 1.78-million annual rate from February's weather-reduced total.
April 11, 2003
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.
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
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
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.
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