| Personal income increased $14.1 billion, or 0.1 percent, and disposable personal income (DPI) increased $21.7 billion, or 0.2 percent, in July.
Personal consumption expenditures (PCE) increased $16.3 billion, or 0.1 percent. In June, personal income increased $38.2 billion, or 0.3 percent, DPI increased $27.3 billion, or 0.2 percent, and PCE increased $64.0 billion, or 0.6 percent, based on revised estimates. See the complete report at this link: USDOC-BEA |
30 August 2013
• U.S. Personal Income – July 2013
29 August 2013
• U.S. Real GDP – Q2 2013
| Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 2.5 percent in the second quarter of 2013 (that is, from the first quarter to the second quarter), according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.1 percent. See the complete report at this link: USDOL-BLS |
• U.S. Initial Unemployment Claims – 24 August 2013
[Jobless]
| In the week ending August 24, the advance figure for seasonally adjusted initial claims was 331,000, a decrease of 6,000 from the previous week's revised figure of 337,000. The 4-week moving average was 331,250, an increase of 750 from the previous week's unrevised average of 330,500. Source: USDOL-BLS |
28 August 2013
• U.S. Metropolitan Area Employment and Unemployment - July 2013
| Jobless rates were lower in July than a year earlier in 320 of the 372 metropolitan areas, higher in 38, and unchanged in 14. Nonfarm payroll employment was up in 319 metropolitan areas over the year, down in 48, and unchanged in 5.
See the complete report at this link: USDOL-BLS |
27 August 2013
• U.S. Conference Board Consumer Confidence Index® Increases Slightly – August 2013
| ”The Conference Board Consumer Confidence Index®, which had declined in July, increased slightly in August. "The Index now stands at 81.5 (1985=100), up from 81.0 in July.” See the complete report at this link: The Conference Board |
• “How Many Work Hours Is Too Many?”
| ”Late nights and early mornings at the office may help your career prospects, but they can hurt you in another way. New research has found a link between overworking and the reduced well-being of workers.
”Employees who worked more than 50 hours in a week suffered from decreased mental and physical health, the research found. See the complete report at this link: BusinessNewsDaily.com |
• U.S. Labor Day Holiday Period Traffic Fatality Estimate, 2013
| ”The 2013 Labor Day holiday period begins at 6:00 p.m., Friday, August 30, and ends at 11:59 p.m., Monday, September 2. "Our estimate of traffic fatalities for this 3.25-day holiday period is 394 deaths with a 90% confidence interval (C.I.) of 338 to 459 deaths. "Nonfatal medically consulted injuries, i.e. injuries serious enough that a medical professional is consulted, are estimated at 42,200 with a range of 36,100 to 49,100." See the complete report at this link: National Safety Council |
26 August 2013
• U.S. Durable Goods Manufacturers’ Shipments, Inventories and Orders - July 2013
| New orders for manufactured durable goods in July
decreased $17.8 billion or 7.3 percent to $226.6 billion. This
decrease, down following three consecutive monthly
increases and followed a 3.9 percent June increase.
Excluding transportation, new orders decreased 0.6
percent. Excluding defense, new orders decreased 6.7
percent.
See the complete report at this link: USDOC-Census |
23 August 2013
• U.S. New Home Sales – July 2013
| Sales of new single-family houses in July 2013 were at a seasonally adjusted annual rate of 394,000.
This is 13.4 percent (±14.5%) below the revised June rate of 455,000, but is 6.8 percent (±18.6%) above the July 2012
estimate of 369,000.
The median sales price of new houses sold in July 2013 was $257,200; the average sales price was $322,700. The seasonally adjusted estimate of new houses for sale at the end of July was 171,000. This represents a supply of 5.2 months at the current sales rate. See the complete report at this link: USDOC-Census |
22 August 2013
• U.S. Leading Economic Indicators – Juoly 2013
| ”The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.6 percent in July to 96.0 (2004 = 100), following no change in June, and a 0.3 percent increase in May.
“Says Ataman Ozyildirim, Economist at The Conference Board: ‘Following moderate growth in the last few months, the U.S. LEI picked up in July, with widespread gains among its components. The pace of the LEI’s growth over the last six months has nearly doubled, pointing to a gradually strengthening expansion through the end of the year. In July, average workweek in manufacturing was the weakest component.’ ”Says Ken Goldstein, Economist at The Conference Board: ‘The improvement in the LEI, and pick up in the six-month growth rate, suggest better economic and job growth in the second half of 2013. However, the biggest uncertainties remain the pace of business spending and the impact of slower global growth on U.S. exports.’” See the complete report at this link: The Conference Board |
• U.S. Fatal Occupational Injuries - 2012
| The preliminary count of fatal occupational injuries in the U.S. in 2012 was 4,383, down from the revised total of 4,693 in 2011. Overall, fatal occupational injuries are down nearly 25 percent since 2006.
See the complete report at this link: USDOL-BLS |
• U.S. Initial Unemployment Claims – 17 August 2013
[Jobless]
| In the week ending August 17, the advance figure for seasonally adjusted initial claims was 336,000, an increase of 13,000 from the previous week's revised figure of 323,000. The 4-week moving average was 330,500, a decrease of 2,250 from the previous week's revised average of 332,750. Source: USDOL-BLS |
• U.S. Existing Home Sales – July 2013
| Existing-home sales rose strongly in July, with the median price maintaining double-digit year-over-year increases, according to the National Association of Realtors®.
Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 6.5 percent to a seasonally adjusted annual rate of 5.39 million in July from a downwardly revised 5.06 million in June, and are 17.2 percent above the 4.60 million-unit pace in July 2012; sales have remained above year-ago levels for 25 months. See the complete report at this link: National Association of Realtors |
• U.S. Employment And Unemployment Among Youth — Summer 2013
| From April to July 2013, the number of employed youth 16 to 24 years old increased by
2.1 million to 19.7 million. This
year, the share of young people employed in July was 50.7 percent. (The month of July
typically is the summertime peak in youth employment.)
Unemployment among youth rose by 692,000 from April to July 2013, compared with an increase of 836,000 for the same period in 2012. (Because this analysis focuses on the seasonal changes in youth employment and unemployment that occur each spring and summer, the data are not seasonally adjusted.) See the complete report at this link: USDOL-BLS |
19 August 2013
• U.S. Regional and State Employment and Unemployment – July 2013
| Regional and state unemployment rates were little changed in July.
Twenty-eight states and the District of Columbia had unemployment rate
increases, 8 states had decreases, and 14 states had no change. Nonfarm payroll employment increased in 32 states, decreased in 17 states and the District of Columbia, and was unchanged in South Dakota. See the complete report at this link: USDOL-BLS |
• Connecticut Added Jobs, but Unemployment Rate Still Rose – July 2013
| Nonfarm employment in Connecticut grew sharply in July gaining 11,500 jobs
(0.7%), even as the unemployment rate ticked up a notch to 8.1%,
See the complete report at this link: CTDOL |
• Connecticut’s Annual Sales Tax-Free Week Runs August 18-24
| ”Connecticut residents about the state's upcoming sales tax-free week - an annual holiday that allows shoppers to purchase most individual items of clothing and footwear priced under $300 without having to pay the usual sales and use tax. This year's tax-free week runs from Sunday, August 18 through Saturday August 24.”
See the complete report at this link: Governor.CT.gov |
• Labor Day in the U.S.
| The first observance of Labor Day was likely on Sept. 5, 1882, when some 10,000 workers assembled in New York City for a parade. That celebration inspired similar events across the country, and by 1894 more than half the states were observing a “workingmen's holiday” on one day or another.
Later that year, with Congress passing legislation and President Grover Cleveland signing the bill on June 29, the first Monday in September was designated "Labor Day." This national holiday is a creation of the labor movement in the late 19th century — and pays tribute to the social and economic achievements of American workers. See the complete report at this link: USDOC-Census |
16 August 2013
• U.S. Productivity & Labor Costs – 2Q 2013
| Productivity increased 0.9 percent in the nonfarm business sector in the second quarter of 2013; unit labor costs increased 1.4 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 2.7 percent and unit labor costs increased 1.4 percent.
See the complete report at this link: USDOL-BLS |
• U.S. Consumer Price Index – July 2013
| The Consumer Price Index for All Urban Consumers (CPI-U) increased
2.0 percent over the last 12 months to an index level of 233.596
(1982-84=100). For the month, the index was unchanged prior to
seasonal adjustment.
The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 2.0 percent over the last 12 months to an index level of 230.084 (1982-84=100). For the month, the index was unchanged prior to seasonal adjustment. The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) increased 1.8 percent over the last 12 months. For the month, the index was unchanged on a not seasonally adjusted basis. Please note that the indexes for the post-2011 period are subject to revision. The Consumer Price Index for August 2013 is scheduled to be released on Tuesday, September 17, 2013, at 8:30 a.m. (EDT). See the complete report at this link: USDOL-BLS |
• U.S. Real Average Earnings – July 2013
| Real average hourly earnings for all employees fell 0.2 percent from June to July, seasonally adjusted. This decline stems from a 0.1 percent decrease in
average hourly earnings and a 0.2 percent increase in the Consumer Price Index for All Urban
Consumers (CPI-U).
Real average weekly earnings fell 0.5 percent over the month due to the decrease in real average hourly earnings and a 0.3 percent decrease in the average workweek. Real average hourly earnings fell 0.1 percent, seasonally adjusted, from July 2012 to July 2013. The decrease in real average hourly earnings, combined with an unchanged average workweek, resulted in a 0.1 percent decrease in real average weekly earnings over this period. See the complete report at this link: USDOL-BLS |
• U.S. Housing Starts – July 2013
| Privately-owned housing starts in July were at a seasonally adjusted annual rate of 896,000. This is 5.9 percent (±14.5%) above the
revised June estimate of 846,000 and is 20.9 percent (±12.9%) above the July 2012 rate of 741,000.
See the complete report at this link: USDOC-Census |
• U.S. Industrial Production Index – July 2013
| Industrial production was unchanged in July after having gained 0.2 percent in June. In July, manufacturing production declined 0.1 percent. The output of mines advanced 2.1 percent, its fourth consecutive monthly increase, and the production of utilities fell 2.1 percent, its fourth consecutive monthly decrease. At 98.9 percent of its 2007 average, total industrial production in July was 1.4 percent above its year-earlier level. Capacity utilization for total industry edged down 0.1 percentage point to 77.6 percent in July, a rate 0.3 percentage point below its level of a year earlier and 2.6 percentage points below its long-run (1972-2012) average. See the complete report at this link: Federal Reserve |
• U.S. Initial Unemployment Claims – 10 August 2013
[Jobless]
| In the week ending August 10, the advance figure for seasonally adjusted initial claims was 320,000, a decrease of 15,000 from the previous week's revised figure of 335,000. The 4-week moving average was 332,000, a decrease of 4,000 from the previous week's revised average of 336,000. Source: USDOL-BLS |
14 August 2013
• U.S. Producer Price Index – July 2013
| The Producer Price Index for finished goods was unchanged in July, seasonally adjusted.
Prices for finished goods moved up 0.8 percent in June and 0.5 percent in May. At the earlier stages of processing, prices received by manufacturers of intermediate goods also were unchanged in July, and the crude goods index rose 1.2 percent. On an unadjusted basis, prices for finished goods advanced 2.1 percent for the 12 months ended July 2013. See the complete report at this link: USDOL-BLS |
13 August 2013
• U.S. Business Inventories and Sales – June 2013
| Sales. The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’
shipments for June, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,285.8
billion, up 0.2 percent (±0.2) from May 2013, and were up 4.9 percent (±1.1) from June 2012.
Inventories. Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,655.2 billion, virtually unchanged (±0.1) from May 2013 and up 3.5 percent (±1.4) from June 2012. Inventories/Sales Ratio. The total business inventories/sales ratio based on seasonally adjusted data at the end of June was 1.29. The June 2012 ratio was 1.30. See the complete report at this link: USDOC-Census |
• U.S. Monthly Sales for Retail and Food Services - July 2013
| U.S. retail and food services sales for July, adjusted for seasonal
variation and holiday and trading-day differences, but not for price changes, were $424.5 billion, an increase of 0.2 percent (±0.5%) from the
previous month, and 5.4 percent (±0.7%) above July 2012. Total sales for the May through July 2013 period were up 5.2 percent (±0.5%) from the same period a year ago. The May to June 2013 percent change was revised from +0.4 percent (±0.5%) to +0.6 percent (±0.2%). See the complete report at this link: USDOC-Census |
• U.S. Monthly Treasury Statement – July 2013
| Receipts and outlays
of the United States Government
for fiscal year 2013 through July 31, 2013.
See the complete report at this link: USDOTreasury |
• U.S. Import and Export Price Indexes – July 2013
| Prices for U.S. imports rose 0.2 percent in July, after decreasing in each of the previous 4 months. The July upturn was driven by rising fuel prices which more than offset lower nonfuel prices. In July, U.S. exports edged down 0.1 percent for the second consecutive month.
See the complete report at this link: USDOL-BLS |
09 August 2013
• U.S. Wholesale Trade – June 2013
| June 2013 sales of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $425.9 billion, up 0.4 percent (+/-0.5%) from the revised May level and were up 5.6 percent (+/-2.8%) from the June 2012 level.
Read the full article at this link: USDOC-Census |
08 August 2013
• U.S. Consumer Credit – June 2013
| Consumer credit increased at a seasonally adjusted annual rate of 6 percent in the second quarter. Revolving credit increased at an annual rate of 2 percent, while nonrevolving credit increased 7-1/2 percent. In June, consumer credit increased at an annual rate of 6 percent. See the complete report at this link: Federal Reserve |
• U.S. Initial Unemployment Claims – 03 August 2013
[Jobless]
| In the week ending August 3, the advance figure for seasonally adjusted initial claims was 333,000, an increase of 5,000 from the previous week's revised figure of 328,000. The 4-week moving average was 335,500, a decrease of 6,250 from the previous week's revised average of 341,750. Source: USDOL-BLS |
07 August 2013
• John McKinney, One of Six Connecticut Republican Senators to Back the Gun Ban, Now Wants to Be Governor
| ”His support of gun control measures brought him criticism from gun rights advocates. ”Scott Wilson, president of the Connecticut Citizens Defense League, said McKinney would not get his group’s support because the Republican was ‘instrumental in implementing a historic gun control law with zero consideration for the constitutional rights of law-abiding gun owners.’”
See the complete report at this link: NewYork.CBSLocal.com See also: CTGDL Source of photo, and see also: AmmoLand.com |
• Malloy Signs Gun Ban…then Provides $22 MM to Gun Retailer to Move into Bridgeport
| ”...The legislature banned assault weapons and certain ammunition clips this spring. One result has been high-paying manufacturing jobs are leaving the state. "At the same time, taxpayers will hand over millions to a company that sells the weapons the state has banned to create low-paying retail jobs....”
See the complete report at this link: Courant.com |
06 August 2013
• U.S. International Trade In Goods And Services - June 2013
| Total June exports of $191.2 billion and imports of $225.4 billion resulted
in a goods and services deficit of $34.2 billion, down from $44.1 billion in May, revised. June exports were $4.1 billion more than May exports of $187.1 billion. June imports were $5.8 billion less than May imports of $231.2 billion. See the complete report at this link: USDOC-BEA |
• U.S. Job Openings and Labor Turnover – June 2013
| There were 3.9 million job openings on the last business day of June, little changed from May. The hires rate (3.1 percent) and separations rate (3.0 percent) also were little changed in June. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by geographic region. See the complete report at this link: USDOL-BLS |
02 August 2013
• U.S. Manufacturers’ Shipments, Inventories and Orders - June 2013
| New orders for manufactured goods in June, up four of
the last five months, increased $7.6 billion or 1.5 percent
to $496.7 billions.
This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 3.0 percent May increase. See the complete report at this link: USDOC-Census |
• U.S. Personal Income, Expenditures – June 2013
| Personal income increased $45.4 billion, or 0.3 percent, and disposable personal income (DPI)
increased $33.6 billion, or 0.3 percent, in June. Personal
consumption expenditures (PCE) increased $59.4 billion, or 0.5 percent. In May, personal income increased $49.5 billion, or 0.4 percent, DPI increased $38.2 billion, or 0.3 percent, and PCE increased $19.3 billion, or 0.2 percent, based on revised estimates. See the complete report at this link: USDOC-BEA |
• U.S. Employment Situation – July 2013
| Total nonfarm payroll employment increased by 162,000 in July, and the unemployment rate edged
down to 7.4 percent. Employment rose in retail trade, food services and drinking places, financial activities, and wholesale trade. See the complete report at this link: USDOL-BLS |
01 August 2013
• U.S. Construction Spending – June 2013
| Construction spending during June 2013 was estimated at a seasonally adjusted annual rate of $883.9 billion, 0.6 percent (±2.1%) below the revised May estimate of $889.4 billion. The June figure is 3.3 percent (±2.3%) above the June 2012 estimate of $855.8 billion.
During the first 6 months of this year, construction spending amounted to $408.5 billion, 5.1 percent (±1.5%) above the $388.8 billion for the same period in 2012. Read the full article at this link: USDOC-Census |
• U.S. Purchasing Managers’ Manufacturing Report - July 2013
| “Manufacturing expanded in July as the PMI™ registered 55.4 percent, an increase of 4.5 percentage points when compared to June's reading of 50.9 percent. July's reading of 55.4 percent reflects the sixth month of growth, and the highest overall PMI™ reading, in the first seven months of 2013. "A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.” Read the full article at this link: Institute for Supply Management |
• U.S. Initial Unemployment Claims – 27 July 2013
[Jobless]
|
In the week ending July 27, the advance figure for seasonally adjusted initial claims was 326,000, a decrease of 19,000 from the previous week's revised figure of 345,000. The 4-week moving average was 341,250, a decrease of 4,500 from the previous week's revised average of 345,750. Source: USDOL-BLS |
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