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Economic Data Home Page

GDP - Nonfarm Payroll - PPI - Productivity Report - CPI - Indices
Market-Barometer.com™, Friday, 5-9-08  10:10a  Eastern;
   
Federal Reserve: FOMC

 

 

The central bank of the United States is responsible for;

 

Conducting monetary policy.

Regulating banking institutions.

Maintaining stability.

 

 

Fed target [interest rates]

Fed lowers Fed funds rate (target):   2.0 percent

4-30-2008 3:19 pm ET-  The Federal Open Market Committee (FOMC) decided today to lower its target for the federal funds rate 25 basis points to 2-percent.   Read the report...   Board of Governors   About the Fed   Market reaction

"Recent information indicates that economic activity remains weak. Household and business spending has been subdued and labor markets have softened further. Financial markets remain under considerable stress, and tight credit conditions and the deepening housing contraction are likely to weigh on economic growth over the next few quarters...

 

 

U.S. Bureau of Economic Analysis

 GDP:  4-30-2008 8:47 am ET- Real Gross Domestic Product (GDP), the output of goods and services produced in the United States, increased at an annual rate of 0.6 percent in the first quarter of 2008, according to advance estimates released by the Bureau of Economic Analysis.

In the fourth quarter, real GDP also increased 0.6 percent. The Bureau emphasized that the first-quarter "advance" estimates are based on source data that are incomplete or subject to further revision by the source agency.

"The first- quarter "preliminary" estimates, based on more comprehensive data, will be released on May 29, 2008. The increase in real GDP in the first quarter primarily reflected positive contributions from personal consumption expenditures (PCE) for services, private inventory investment, exports of goods and services, and federal government spending that were partly offset by negative contributions from residential fixed investment and PCE for durable goods. Imports, which are a subtraction in the calculation of GDP, increased.   Read the current Gross Domestic Product release   GDP chart

3-27-2008 9:43 am ET- Real Gross Domestic Product (GDP), the output of goods and services produced in the United States, increased at an annual rate of 0.6 percent in the fourth quarter of 2007, according to final estimates released by the Bureau of Economic Analysis.

"The GDP estimates released today are based on more complete source data than were available for the preliminary estimates issued last month.

In the preliminary estimates, the increase in real GDP was also 0.6 percent (see "Revisions" on page 3). The increase in real GDP in the fourth quarter primarily reflected positive contributions from personal consumption expenditures (PCE), exports, nonresidential structures, state and local government spending, and equipment and software that were largely offset by negative contributions from private inventory investment and residential fixed investment. Imports, which are a subtraction in the calculation of GDP, decreased....

2-28-2008 8:54 am ET- Real Gross Domestic Product (GDP), the output of goods and services produced in the United States, increased at an annual rate of 0.6 percent in the fourth quarter of 2007, according to preliminary estimates released by the Bureau of Economic Analysis.

"In the third quarter, real GDP increased 4.9 percent. The GDP estimates released today are based on more complete source data than were available for the advance estimates issued last month. In the advance estimates, the increase in real GDP was also 0.6 percent (see "Revisions" on page 3). The increase in real GDP in the fourth quarter primarily reflected positive contributions from personal consumption expenditures (PCE), exports, nonresidential structures, state and local government spending, and equipment and software that were largely offset by negative contributions from private inventory investment and residential fixed investment. Imports, which are a subtraction in the calculation of GDP, decreased...

1-30-2008 8:59 am ET- Real gross domestic product (GDP), the output of goods and services produced in the United States, increased at an annual rate of 0.6 percent in the fourth-quarter of 2007, according to advance estimates released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 4.9 percent.

"The increase in real GDP in the fourth quarter primarily reflected positive contributions from personal consumption expenditures (PCE), nonresidential structures, state and local government spending, exports, and equipment and software that were largely offset by negative contributions from private inventory investment and residential fixed investment. Imports, which are a subtraction in the calculation of GDP, increased slightly.

Gross Domestic Product (GDP) chart 1987 through current year:

GDP, Real Gross Domestic Product chart 1987 through current reporting period.

GDP, Real Gross Domestic Product chart percent change from preceding year.

The Bureau of Economic Analysis (BEA- agency of the Department of Commerce) produces economic statistics that enable government and business decision-makers, researchers, and the American public to follow and understand the performance of the Nation's economy. They collect source data, conduct research and analysis, develops and implements estimation methodologies, and disseminates statistics to the public… read more about the BEA

Back to Economic Factors Index

 

BLS News Release

Nonfarm payroll:  5-2-2008 9:28 am ET  "Nonfarm payroll employment was little changed in April (-20,000), following job losses that totaled 240,000 in the first 3 months of the year, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.

The unemployment rate, at 5.0 percent, also was little changed in April. Employment continued to decline in construction, manufacturing, and retail trade, while jobs were added in health care and in professional and technical services.   Read the report...

4-4-2008 9:34 am ET  The unemployment rate rose from 4.8 to 5.1 percent in March, and nonfarm payroll employment continued to trend down by 80,000, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.

"Over the past 3 months, payroll employment has declined by 232,000. In March, employment continued to fall in construction, manufacturing, and employment services, while health care, food services, and mining added jobs. Average hourly earnings rose by 5 cents, or 0.3 percent, over the month.

3-7-2008 9:41 am ET  Nonfarm payroll employment moved lower in February by 63,000 jobs;  the unemployment rate was 4.8 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.

"Employment fell in manufacturing, construction, and retail trade. Job growth continued in health care and in food services. Average hourly earnings rose by 5 cents, or 0.3 percent, over the month.

PPI: 4-15-07  8:54 am ET; The Producer Price Index (PPI) for finished goods increased 1.1 percent in March, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.

The advance followed a 0.3-percent rise in February and a 1.0-percent increase in January. At earlier stages of processing, prices received by producers of intermediate goods rose 2.3 percent after increasing 0.8 percent a month earlier, and the crude goods index advanced 8.0 percent following a 3.7-percent rise in February.

The index for finished goods less foods and energy (core PPI) advanced 0.2 percent after rising 0.5 percent in February.

"The rise in the index for pharmaceutical preparations slowed to 0.4 percent in March from 1.3 percent in the prior month. Prices for sanitary paper and health products, alcoholic beverages, civilian aircraft, and pet food also increased less than in February. The indexes for light motor trucks and passenger cars turned down in March after rising in the prior month. By contrast, the index for soaps and synthetic detergents rose 2.0 percent following a 0.1-percent advance in February.

   Read the PPI report...

3-18-07  9:44 am ET; The Producer Price Index (PPI), for finished goods, rose 0.3 percent in February, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.

This increase followed a 1.0-percent advance in January and a 0.3-percent decline in December. At earlier stages of processing, prices received by manufacturers of intermediate goods moved up 0.8 percent in February subsequent to a 1.4-percent advance in January, and the crude goods index rose 3.7 percent after climbing 2.5 percent in the prior month.

The index for finished goods other than foods and energy (core PPI) moved up 0.5 percent in February after increasing 0.4 percent a month earlier.

2-26-07  8:58 am ET; The Producer Price Index (PPI) for finished goods rose 1-percent in January, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.

The increase followed a decline of 0.3 percent in December and a 2.6-percent advance in November. At the earlier stage of processing, prices for intermediate goods moved up 1.4 percent after falling 0.2 percent in the prior month; crude goods index increased 2.5 percent following a 1.1-percent advance in December.

Prices for finished goods excluding food and energy (core PPI) advanced 0.4 percent following a 0.2-percent rise in the preceding month.

Productivity Report: 5-7-2008 9:10 am ET- The U.S. Department of Labor reported today preliminary productivity data:  

    First-Quarter    
Business Sector   1.9%    
Nonfarm Business Sector   2.2%    

Read the productivity report...  

CPI:  4/16/2008  8:53 am ET- The Consumer Price Index CPI) advanced 0.3 percent in March, following virtually no change in February.

"The energy index increased 1.9 percent in March after declining 0.5 percent in February. Within energy, the index for petroleum based energy increased 2.0 percent and the index for energy services rose 1.9 percent. The food index, which rose 0.4 percent in February, increased 0.2 percent in March. The index for food at home also rose 0.2 percent.

The index for all items less food and energy (core CPI) rose 0.2 percent in March, following virtually no change in February. A larger increase in the index for household furnishings and operations and an upturn in the index for airline fares more than offset a larger decline in the apparel index.   Read the Consumer Price Index report...   Personal Income core inflation report

4/15/2008  9:41 pm ET- Investor await consumer prices to see if inflation data indicates more worries for marketers. Data is scheduled for release by the Government  Wednesday at 8:30 am, ET.

3/14/2008 8:45 am ET- The Consumer Price Index (CPI) was unchanged in February, that followed a 0.4 percent rise in January.

"Each of the three groups--food, energy, and all items less food and energy--contributed to the deceleration. The index for food at home, which rose 0.9 percent in January, increased 0.3 percent. The moderation reflected a downturn in the indexes for fruits and vegetables, for meats, poultry, fish, and eggs, and for nonalcoholic beverages. The index for energy turned down in February as a 1.9 percent decline in the index for energy commodities more than offset a 1.7 percent increase in the index for energy services.

The index for all items less food and energy (core CPI) was unchanged after increasing 0.3 percent in January.

"The deceleration reflects smaller increases in the indexes for shelter, for medical care, for recreation, for education and communication, and for other goods and services, and a decline in the index for apparel.  

Weekly Jobless Initial Claims:

5-8-2008  9:21 am ET: The advance figure for seasonally adjusted initial jobless claims is 365,000, a decrease of 18,000 from the previous week (revised).

Jobless claims report

More News

 

   

Negative start for U.S. stock market seen Friday;   look for a neutral to negative open;   AIG and earnings outlook in focus for the start Friday;   AIG news sinks stock in Fridays early going with the major indices off by 1/2 - 3/4 percent.   * * *   011010                                                                                                                                   

 

Major market indexes: Market snapshot Dow [DJIA] - S&P 500 - NASDAQ
 

 

 

 

Important message about delayed data

Personal Income and Outlays Inflation report

Inflation reports
 

 

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