To: Samuel Wayne Turner who wrote (51273 ) 6/16/1999 10:22:00 AM From: kathyh Respond to of 90042
hi samuel, all out already, i think... housing starts were 1.574 adjusted, same as last month... cant find release right now...look on idea thread, lee usually posts all econ data there... here is a current story on earnings data... kathy :)U.S. May real earnings rose 0.7 pct Reuters Story - June 16, 1999 10:15 WASHINGTON, June 16 (Reuters) - U.S. workers' real average weekly earnings, after adjusting for inflation and seasonal factors, rose 0.7 percent in May after a revised 0.8 percent drop in April, the Labor Department said on Wednesday. The May real earnings rise was the biggest since a 0.8 percent increase in January 1998, the department said, while the drop in April real earnings was the largest since a 1.2 percent decline in January 1996. April real earnings were revised from a previously reported 0.2 percent dip. The May gain resulted from a 0.3 percent rise in average weekly hours and a 0.4 percent gain in average hourly earnings. The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was unchanged in May. Real average weekly earnings in May were up 0.4 percent from May 1998, it said. In constant 1982 dollars, weekly earnings for nonsupervisory private workers outside the farm sector averaged a seasonally adjusted $271.03 in May, versus $269.22 in April and $268.53 in May 1998. In current dollars, weekly earnings averaged a seasonally adjusted $455.06 in May, compared with $452.02 in April and $441.73 in May 1998, the department said. The May report reflects new employment benchmarks to average weekly hours and average hourly and weekly earnings estimates from January 1994 forward, seasonally adjusted, and from April 1997 forward, unadjusted, Labor said. Copyright 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.