Hi Ike,..Re:. Today is the second anniversary of this thread
Happy 2nd anniversary! I've been reading Idea of the Day for nearly that long and have learned a lot. Thanks very much for all your work and look forward to many more anniversaries with more fun and profit! <g>
Economic Numbers for Thursday, April 29th, 1999. biz.yahoo.com
Jobless Claims = -20k to 294k dol.gov In the week ending April 24, the advance figure for seasonally adjusted initial claims was 294,000, a decrease of 20,000 from the previous week's unrevised figure of 314,000.
ECI 1Q = +0.4% stats.bls.gov On a seasonally adjusted basis, the 3-month increase in compensation costs for civilian workers (private nonfarm industry plus state and local government) was 0.4 percent during the December 1998-March 1999 period, following a gain of 0.7 percent in December.
New Home Sales for March = +2.1% census.gov Sales of new one-family houses in March 1999 were at a seasonally adjusted annual rate of 909,000 according to estimates released today by the U.S. Department of Commerce's Bureau of the Census and the U.S. Department of Housing and Urban Development. This is 2 (+/-9) percent above the revised February rate of 890,000 and 9 (+/-10) percent above the March 1998 rate of 836,000.
Good trading,
Lee |