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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Lee who wrote (30578)	2/2/2000 10:10:00 AM
From: Lee	Read Replies (1) \| Respond to of 50167

Economic Data for Wednesday, Feb. 2, 2000 New Home Sales for Dec. = +5% to 900k units census.gov Sales of new one-family houses in December 1999 were at a seasonally adjusted annual rate of 900,000 according to estimates released today by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This is 5 (+/-9) percent above revised November rate of 861,000 but 6 (+/-10) percent below the December 1998 rate of 958,000. LEI for Dec. = +0.4% tcb-indicators.org The leading index increased 0.4 percent, the coincident index increased 0.2 percent, and the lagging index increased 0.5 percent in December. Taken together, the three composite indexes and their components show a healthy economy: -The coincident indicators show that the economy continued to expand through the end of 1999. -The leading indicators point to a continuation of the expansion during 2000. -Cyclical imbalances and related economic instability problems should be monitored for future increases. Really hard to see any slowdown coming! <g>

To: Lee who wrote (30578)	2/3/2000 10:14:00 AM
From: Lee	Read Replies (2) \| Respond to of 50167

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>