Economics in a Nutshell Archive: March, 2013

Consumer spending up, helped by job market

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INDICATOR: February Income and Spending KEY DATA: Consumption: +0.7 percent; Inflation Adjusted: +0.3 percent; Disposable Income: +1.1 percent IN... Read more

Jobless claims rising, but economy grows a bit

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INDICATOR: Fourth Quarter GDP (final revision)/Jobless Claims KEY DATA: GDP: 0.4 percent Jobless Claims: 357,000 (up 16,000) IN A NUTSHELL:... Read more

Fed to keep rates low for at least another year

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In a Nutshell: "Better growth but more fiscal restraint means the Fed will keep the pedal to the metal." Rate Decision: Fed funds rate maintained... Read more

Consumers still spending, but for how long?

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INDICATOR: February Retail Sales/Import and Export Prices KEY DATA: Retail Sales: +1.1%; Excluding Vehicles: +1%/Import Prices: +1.1%; Non-Oil:... Read more

So far, so good in jobs, housing

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INDICATOR: February Employment Report KEY DATA: Payrolls: +236,000; Private Sector: +246,000; Unemployment Rate: 7.7% (down 0.2 percentage... Read more

More jobs, but trade deficit may restrain growth

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INDICATOR: January Trade Deficit/Weekly Jobless Claims KEY DATA: Deficit: $44.4 billion ($6.3 billion wider)/Claims: 340,000 (down 7,000) IN... Read more

Job gains are accelerating

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INDICATOR: February ADP Payroll Estimates KEY DATA: ADP: 198,000; Small: 77,000; Medium: 65,000; Large: 57,000 IN A NUTSHELL: "The economy... Read more

Why the stock market is hitting new highs

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INDICATOR: February Supply Managers' Non-Manufacturing Survey/CoreLogic Home Price Index KEY DATA: ISM (Non-Man.): up 0.8 point; Orders: up... Read more