Economic Data for Thursday, December 23, 1999
Weekly Jobless Claims = +14k to 281k
dol.gov In the week ending Dec. 18, the advance figure for seasonally adjusted initial claims was 281,000, an increase of 14,000 from the previous week's revised figure of 267,000. The 4-week moving average was 283,750, an increase of 1,500 from the previous week's revised average of 282,250.
Personal Income for Nov. = +0.4% Spending = +0.5%
bea.doc.gov Personal income increased $35.4 billion, or 0.4 percent, and disposable personal income (DPI) increased $28.5 billion, or 0.4 percent, in November, according to the Commerce Department's Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $29.7 billion, or 0.5 percent. In October, personal income increased $100.4 billion, or 1.3 percent, DPI increased $95.3 billion, or 1.4 percent, and PCE increased $44.8 billion, or 0.7 percent, based on revised estimates.
Durable Goods Orders for Nov. = +1.2%
census.gov New orders for manufactured durable goods in November increased $2.4 billion or 1.2 percent to $204.9 billion, the Department of Commerce, Bureau of the Census reported today. This follows a 0.9 percent October decrease. Excluding transportation, new orders increased 2.2 percent. Year-to-date, new orders are 7.1 percent above the same period a year ago.
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