Economic Data for Thursday, Feb. 3, 2000
Weekly Jobless Claims = - 5k to 274k
dol.gov
In the week ending Jan. 29, the advance figure for seasonally adjusted initial claims was 274,000, a decrease of 5,000 from the previous week's revised figure of 279,000. The 4-week moving average was 282,000, a decrease of 9,000 from the previous week's revised average of 291,000.
Must be pretty close to really running out of bodies now. <g>
Factory Orders for Dec. = +3.3%
census.gov
New orders for manufactured goods in December increased $12.1 billion or 3.3 percent to $377.8 billion, the Department of Commerce, Bureau of the Census reported today. This follows a 1.4 percent November increase and is the largest increase since December 1992. Shipments increased $2.4 billion or 0.7 percent to $367.4 billion, following a 1.3 percent November increase. This is the seventh increase in the last eight months. Unfilled orders increased $10.4 billion or 2.0 percent to $537.0 billion, following a 0.1 percent November increase. This is the sixth consecutive increase and the largest since November 1997. Inventories increased $1.1 billion or 0.2 percent to $471.0 billion, following a 0.5 percent November increase. This is the fourth consecutive increase. The inventories-to-shipments ratio was 1.28, down from 1.29 in November.
No slowdown in manufacturing evident yet! <g>
NAPM non-manufacturing for Jan. = 52.5%
napm.org
"NAPM's Non-Manufacturing Business Activity Index registered 52.5 percent in January, 3 percentage points lower than in December, indicating slower growth in non-manufacturing economic activity.
This one might be slowing! <g> |
