economic data | Observer

By Mike Taylor 1:46pm

Fewer People Signed Up for Unemployment Benefits This Week

This morning, the Department of Labor announced that 473,000 people filed for unemployment benefits in the week ended August 21. That’s 31,000 fewer poor laid-off saps than in the prior week, and a lower number of claims than Wall Street Analysts had been expecting. Hooray?

Not exactly, since economists tend to think a Read More

By Mike Taylor 8/25/10 8:14pm

All-Time Lows

Data Dump: Nobody in America Wants to Buy New Houses Either

Today’s batch of economic data persists in painting a lackluster picture of the U.S. housing market. This morning, the U.S. Census bureau released its July figures for sales of new homes. It wasn’t pretty; sales of new single-family houses plummeted 12 percent from June to a seasonally adjusted annual rate of 276,000. That’s the lowest Read More

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Fewer People Signed Up for Unemployment Benefits This Week

Data Dump: Nobody in America Wants to Buy New Houses Either

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