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To: Lee who wrote (30836)3/9/2000 9:28:00 AM
From: Lee  Read Replies (1) | Respond to of 50167
 
Economic Data for Thursday, March 9, 2000

Weekly Jobless Claims = +5k to 280k

dol.gov
In the week ending March 4, the advance figure for seasonally adjusted initial claims was 280,000, an increase of 5,000 from the previous week's unrevised figure of 275,000. The 4-week moving average was 277,250, a decrease of 6,750 from the previous week's unrevised average of 284,000.


Beige Book Feb.

bog.frb.fed.us
Reports from the twelve Federal Reserve Districts indicated appreciable expansion of economic activity during late January and February. The majority of districts reported strong growth during the survey period, with the remaining reports pointing to moderate growth or continued high levels of activity. Retail sales expanded significantly over their year-earlier levels. Gains in manufacturing output were widespread. Providers of services to businesses and consumers continued to expand output and employment substantially. Real estate market activity and construction were at high levels, although slight cooling was evident in some areas.