Economic Data for Thursday, April 27, 2000
ECI Q1 = +1.4%
stats.bls.gov
On a seasonally adjusted basis, the 3-month increase in compensation costs for civilian workers (nonfarm private industry plus State and local government) was 1.4 percent during the December 1999-March 2000 period, following a gain of 1.0 percent in September-December 1999. Wages and
salaries increased 1.1 percent during the December 1999-March 2000 period; in the September-December 1999 period, it was 0.9 percent. Benefit costs rose 2.0 percent during the March 2000 quarter, following a 1.2 percent increase in the December 1999 quarter.
GDP Q1 = +5.4%
bea.doc.gov
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 5.4 percent in the first quarter of 2000, according to advance estimates released by the Commerce Department's Bureau of Economic Analysis. In the fourth quarter, real GDP increased 7.3 percent.
bloomberg.com
Weekly Jobless Claims = +26k to 283k
dol.gov
In the week ending April 22, the advance figure for seasonally adjusted initial claims was 283,000, an increase of 26,000 from the previous week's unrevised figure of 257,000. The 4-week moving average was 267,000, an increase of 4,500 from the previous week's unrevised average of 262,500. |
