30 September 2015

• U.S. Average Retail Gasoline and Diesel Fuel Prices — 28 September 2015


Regular Gasoline: The U.S. average retail price of regular gasoline decreased one cent from the previous week to $2.32 per gallon on September 28, 2015, $1.03 per gallon lower than at the same time last year. Only the Midwest price increased, rising five cents to $2.33 per gallon. The West Coast price fell eight cents to $2.84 per gallon, followed by the Rocky Mountain price, which was down seven cents to $2.54 per gallon. The East Coast price decreased two cents to $2.19 per gallon, and the Gulf Coast price was down one cent to $2.02 per gallon.

Diesel Fuel: The U.S. average price of diesel fuel decreased two cents from the prior week to $2.48 per gallon, down $1.28 per gallon from the same time last year. The Rocky Mountain price decreased four cents to $2.49 per gallon. The West Coast and Gulf Coast prices both fell two cents, to $2.69 per gallon and $2.32 per gallon, respectively. The East Coast and Midwest prices both decreased one cent, to $2.53 per gallon and $2.43 per gallon, respectively.

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NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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URL: http://connecticuthumanresources.blogspot.com/

• U.S. Metropolitan Area Employment and Unemployment — August 2015

Unemployment rates were lower in August than a year earlier in 365 of the 387 metropolitan areas, higher in 16 areas, and unchanged in 6 areas. Eleven areas had jobless rates of less than 3.0 percent and three areas had rates of at least 10.0 percent.

Employment: In August, 303 metropolitan areas had over-the-year increases in nonfarm payroll employment, 71 had decreases, and 13 had no change. The largest over-the-year employment increases occurred in New York-Newark-Jersey City, N.Y.-N.J.-Pa. (+161,800), Los Angeles-Long Beach-Anaheim, Calif. (+124,800), and Dallas-Fort Worth-Arlington, Texas (+103,500). The largest over-the-year percentage gain in employment occurred in Provo-Orem, Utah (+6.2 percent), followed by San Jose-Sunnyvale-Santa Clara, Calif. (+5.5 percent), and Columbus, Ind., Elkhart-Goshen, Ind., and Greeley, Colo. (+4.5 percent each).

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NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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URL: http://connecticuthumanresources.blogspot.com/


• U.S. Personal Income By State — Q2 2015

State personal income grew 0.9 percent on average in the second quarter of 2015, after growing 0.8 percent in the first quarter.

Personal income grew in every state except Oklahoma in the second quarter. In the first quarter, personal income grew in 34 states. Second-quarter personal income growth rates ranged from zero in Oklahoma to 1.5 percent in the state of Washington.

Please visit this link to read the full report: USDOC-BEA

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


29 September 2015

• U.S. Consumer Confidence — September 2015

“The Conference Board Consumer Confidence Index®, which had increased in August, improved moderately in September. The Index now stands at 103.0 (1985=100), up from 101.3 in August. The Present Situation Index increased from 115.8 last month to 121.1 in September, while the Expectations Index edged down to 91.0 from 91.6 in August…

“’Consumer confidence increased moderately in September, following August’s sharp rebound,’ said Lynn Franco, Director of Economic Indicators at The Conference Board. ‘Consumers’ more positive assessment of current conditions fueled this month’s increase, and drove the Present Situation Index to an 8-year high (Sept. 2007, Index=121.2). Consumers’ expectations for the short-term outlook, however, remained relatively flat, although there was a modest improvement in income expectations. Thus, while consumers view current economic conditions more favorably, they do not foresee growth accelerating in the months ahead….’”

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NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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28 September 2015

• U.S. Personal Income & Expenditures — August 2015

Personal income increased $52.5 billion, or 0.3 percent, and disposable personal income (DPI) increased $47.1 billion, or 0.4 percent, in August. Personal consumption expenditures (PCE) increased $54.9 billion, or 0.4 percent. In July, personal income increased $69.6 billion, or 0.5 percent, DPI increased $63.9 billion, or 0.5 percent, and PCE increased $45.7 billion, or 0.4 percent, based on revised estimates.

Real DPI increased 0.3 percent in August, compared with an increase of 0.4 percent in July. Real PCE increased 0.4 percent, compared with an increase of 0.3 percent.

Please visit this link to read the full report: USDOC-BEA

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

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25 September 2015

• “Smaller Hikes in Health Premium Rates Forecast for 2016”

“Compared to the steep spikes in health plan premiums seen in years past, rate increases for 2016 will remain relatively modest for most medical plan options, although still outpacing overall inflation as represented by the consumer price index (CPI).

”But costs will increase substantially for prescription drug coverage, hitting double-digit rates, according to forecasts based on recent health cost trend surveys.…”

Please visit this link to read the full report: SHRM

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Real Gross Domestic Product — Q2 2015

Real gross domestic product -- the value of the goods and services produced by the nation’s economy less the value of the goods and services used up in production, adjusted for price changes -- increased at an annual rate of 3.9 percent in the second quarter of 2015, according to the "third" estimate.

In the first quarter, real GDP increased 0.6 percent.

Please visit this link to read the full report: USDOC-BEA

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

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24 September 2015

• U.S. Initial Unemployment Claims — 09 September 2015


In the week ending September 19, the advance figure for seasonally adjusted initial claims was 267,000, an increase of 3,000 from the previous week's unrevised level of 264,000. The 4-week moving average was 271,750, a decrease of 750 from the previous week's unrevised average of 272,500.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending September 12, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 12 was 2,242,000, a decrease of 1,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending September 5 were in Puerto Rico (3.3), New Jersey (2.7), the Virgin Islands (2.3), Alaska (2.2), Nevada (2.2), Pennsylvania (2.2), California (2.1), Connecticut (2.1), Massachusetts (1.9), and West Virginia (1.9).

The largest increases in initial claims for the week ending September 12 were in North Dakota (+209), Oregon (+190), Minnesota (+93), Maine (+47), and Delaware (+17), while the largest decreases were in California (-5,286), Texas (- 3,569), New York (-2,938), Illinois (-1,986), and Pennsylvania (-1,860).

Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits.

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NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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• U.S. New Residential Sales — August 2015

Sales of new single-family houses in August 2015 were at a seasonally adjusted annual rate of 552,000, according to estimates. This is 5.7 percent (±16.2%) above the revised July rate of 522,000 and is 21.6 percent (±18.7%) above the August 2014 estimate of 454,000.

The median sales price of new houses sold in August 2015 was $292,700; the average sales price was $353,400. The seasonally adjusted estimate of new houses for sale at the end of August was 216,000. This represents a supply of 4.7 months at the current sales rate.

Please visit this link to read the full report: USDOCCensus

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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• U.S. Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders — August 2015

New Orders: New orders for manufactured durable goods in August decreased $4.8 billion or 2.0 percent to $236.3 billion. This decrease, down following two consecutive monthly increases, followed a 1.9 percent July increase. Excluding transportation, new orders decreased less than $0.1 billion, or virtually unchanged. Excluding defense, new orders decreased $2.2 billion or 1.0 percent.

Shipments: Shipments of manufactured durable goods in August, down following two consecutive monthly increases, decreased less than $0.1 billion, or virtually unchanged, to $243.2 billion. This followed a 1.0 percent July increase.

Inventories: Inventories of manufactured durable goods in August, up two of the last three months, increased $0.1 billion, or virtually unchanged, to $401.4 billion. This followed a 0.2 percent July decrease.

Please visit this link to read the full report: USDOCCensus

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

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23 September 2015

• U.S. Average Retail Gasoline and Diesel Fuel Prices — 21 September 2015


Regular Gasoline: The U.S. average retail price of regular gasoline decreased five cents from the previous week to $2.33 per gallon on September 21, $1.03 per gallon lower than the same time last year. The West Coast and Rocky Mountain prices each fell eight cents to $2.91 per gallon and $2.61 per gallon, respectively. The Gulf Coast price declined seven cents to $2.03 per gallon. The East Coast price decreased five cents to $2.20 per gallon, and the Midwest price was down one cent to $2.27 per gallon.

Diesel Fuel: The U.S. average price for diesel fuel fell three cents from last week to $2.49 per gallon, $1.29 per gallon lower than during the same time last year. The Rocky Mountain and East Coast prices each decreased three cents to $2.52 per gallon and $2.55 per gallon, respectively. The Midwest, Gulf Coast, and West Coast prices all declined two cents to $2.45 per gallon, $2.34 per gallon, and $2.71 per gallon, respectively.

Please visit this link to read the full report: USEnergyInformationAdministration

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

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21 September 2015

• U.S. Existing Home Sales — August 2015

“Following three straight months of gains, existing–home sales dipped in August despite slowing price growth and a positive turnaround in the share of sales to first–time buyers, according to the National Association of Realtors®. None of the four major regions experienced sales increases in August.…”

Please visit this link to read the full report: NationalAssnRealtors

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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• Connecticut Maximum Weekly Unemployment Benefit is $598 Beginning — 04 October 2015

The annual revision to Connecticut’s Unemployment Insurance benefit rate will result in claimants receiving a maximum amount of $598 per week effective October 4, 2015.

The revised rate is four dollars more than the current $594 weekly maximum rate, and will apply to claims filed for the benefit year starting on and after October 4, 2015. Those who filed a claim prior to October 4 and have been collecting unemployment benefits are unaffected by this revision. The weekly dependency allowance for each dependent of $15 with a maximum of $75 remains unchanged.

The annual revision of the maximum weekly unemployment benefit is based on average manufacturing wages for the year ending June 30, 2015. The increase is limited by law to $18 per year, or 60 percent of the average, whichever is less.

For the 12 months ending August 31, 2015, regular benefits averaged $326 per week and claimants received an average of 17.9 weeks of compensation. The prior year shows weekly benefit payments averaging $319 for an average of 18 weeks.

State unemployment benefits are funded by an assessment paid by approximately 98,000 Connecticut employers. The assessment is based on the first $15,000 of each worker’s annual wage.

Source: CTDOL

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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19 September 2015

• U.S. State and Regional Employment and Unemployment — August 2015

Unemployment: Regional and state unemployment rates were little changed in August. Twenty-nine states had unemployment rate decreases from July, 10 states had increases, and 11 states and the District of Columbia had no change.

Forty-one states and the District of Columbia had unemployment rate decreases from a year earlier, seven states had increases, and two states had no change.

Employment: In August 2015, nine states had statistically significant over-the-month changes in employment, six of which were positive. The largest significant job gains occurred in California (+36,200), Florida (+19,600), and Ohio (+14,600). The significant job decreases occurred in New Hampshire (-3,900), South Dakota (-3,000), and Delaware (-2,500).

Over the year, 35 states and the District of Columbia had statistically significant increases in employment and West Virginia had a significant decrease (-19,500). The largest significant over-theyear job increase occurred in California (+470,000), followed by Florida (+261,500) and Texas (+217,700).

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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• U.S. Fatal Work Injuries — 2014

Preliminary count of 4,679 fatal work injuries in 2014, higher than 2013 revised total…

The number of fatal work injuries in private goods-producing industries in 2014 was 9 percent higher than the revised 2013 count but slightly lower in private service-providing industries. Fatal injuries were higher in mining (up 17 percent), agriculture (up 14 percent), manufacturing (up 9 percent), and construction (up 6 percent). Fatal work injuries for government workers were lower (down 12 percent).

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

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• U.S. Employment and Wages by County — Q1 2015

From March 2014 to March 2015, employment increased in 323 of the 342 largest U.S. counties (counties with 75,000 or more jobs in 2014). Utah, Utah, had the largest percentage increase, with a gain of 6.7 percent over the year, compared with national job growth of 2.1 percent.

The U.S. average weekly wage increased 2.1 percent over the year, growing to $1,048 in the first quarter of 2015. Olmsted, Minn., had the largest over-the-year percentage increase in average weekly wages with a gain of 11.7 percent.

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NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

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17 September 2015

• U.S. Average Retail Gasoline Prices — 14 September 2015


Regular Gasoline: The U.S. average retail price for regular gasoline decreased six cents from the previous week to $2.38 per gallon as of September 14, 2015, $1.03 per gallon lower than at the same time last year. The West Coast price fell 10 cents to $2.99 per gallon. The Midwest price decreased seven cents to $2.28 per gallon. The East Coast, Gulf Coast, and Rocky Mountain prices each declined five cents, to $2.26 per gallon, $2.09 per gallon, and $2.68 per gallon, respectively.

Future Estimates: In August, U.S. retail regular gasoline prices averaged $2.64/gal. EIA expects monthly average prices to decline in the coming months as refineries continue to produce high levels of gasoline, as demand begins to decrease following the peak in the summer driving season, and as the market transitions to lower-cost winter-grade gasoline. EIA projects regular gasoline retail prices to average $2.11/gal in the fourth quarter of 2015. The U.S. regular gasoline retail price, which averaged $3.36/gal in 2014, is projected to average $2.41/gal in 2015 and $2.38/gal in 2016.

Please visit this link to read the full report: USEnergyInformationAdministration

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

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• U.S. New Residential Construction — August 2015

Building Permits: Privately-owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,170,000. This is 3.5 percent (±1.4%) above the revised July rate of 1,130,000 and is 12.5 percent (±1.9%) above the August 2014 estimate of 1,040,000.

Single-family authorizations in August were at a rate of 699,000; this is 2.8 percent (±1.7%) above the revised July figure of 680,000.

Authorizations of units in buildings with five units or more were at a rate of 440,000 in August.

Housing Starts: Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,126,000. This is 3.0 percent (±11.3%) below the revised July estimate of 1,161,000, but is 16.6 percent (±10.4%) above the August 2014 rate of 966,000.

Single-family housing starts in August were at a rate of 739,000; this is 3.0 percent (±9.5%)* below the revised July figure of 762,000.

The August rate for units in buildings with five units or more was 381,000.

Please visit this link to read the full report: USDOCCensus

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

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• U.S. Initial Unemployment Claims — 12 September 2015


In the week ending September 12, the advance figure for seasonally adjusted initial claims was 264,000, a decrease of 11,000 from the previous week's unrevised level of 275,000.

The 4-week moving average was 272,500, a decrease of 3,250 from the previous week's unrevised average of 275,750.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending September 5, unchanged from the previous week's unrevised rate.

The highest insured unemployment rates in the week ending August 29 were in Puerto Rico (3.5), New Jersey (2.9), Connecticut (2.5), Pennsylvania (2.5), the Virgin Islands (2.4), Alaska (2.3), California (2.2), Nevada (2.2), Rhode Island (2.1), and Massachusetts (2.0).

The largest increases in initial claims for the week ending September 5 were in Washington (+1,256), Texas (+1,120), Puerto Rico (+900), Illinois (+829), and New Jersey (+606), while the largest decreases were in New York (-4,012), Oregon (-633), Indiana (-476), Tennessee (-420), and Kansas (-245).

Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits.

See the complete report at this link: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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16 September 2015

• U.S. Real Earnings – April 2015


For the Month: Real average hourly earnings for all employees increased 0.5 percent from July to August, seasonally adjusted. This result stems from a 0.3-percent increase in average hourly earnings combined with a 0.1-percent decrease in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings increased 0.7 percent over the month due to the increase in real average hourly earnings combined with an increase of 0.3 percent in the average workweek.

For the Year: Real average hourly earnings increased 2.0 percent, seasonally adjusted, from August 2014 to August 2015. This increase in real average hourly earnings combined with a 0.3-percent increase in the average workweek resulted in a 2.3-percent increase in real average weekly earnings over this period.

Please visit this link to read the full report: USDOL-BLS

*Note: Real earnings show the effect of inflation on your pay. If your salary went up by 2.1% over the year while the cost-of-living (CPI-U) rose 2.3%, then the “real” value of your salary fell by 0.2% [differences in some of the data are due to rounding and seasonal adjustment]. The figures reported here are earnings for all employees on private nonfarm payrolls, seasonally adjusted.

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Consumer Price Index — August 2015

CPI-U: The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent over the last 12 months to an index level of 238.316 (1982-84=100). For the month, the index declined 0.1 percent prior to seasonal adjustment.

CPI-W: The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) decreased 0.3 percent over the last 12 months to an index level of 233.366 (1982-84=100). For the month, the index declined 0.2 percent prior to seasonal adjustment.

C-CPI-U: The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) decreased 0.1 percent over the last 12 months. For the month, the index declined 0.2 percent on a not seasonally adjusted basis. Please note that the indexes for the past 10 to 12 months are subject to revision.

The Consumer Price Index for September 2015 is scheduled to be released on Thursday, October 15, at 8:30 a.m. (EDT).

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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15 September 2015

• U.S. Manufacturing & Trade Inventories & Sales — July 2015

Sales. The combined value of distributive trade sales and manufacturers’ shipments for July, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,328.0 billion, up 0.1 percent (±0.2%) from June 2015, but was down 2.7 percent (±0.5%) from July 2014.

Inventories. Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,812.4 billion, up 0.1 percent (±0.1%) from June 2015 and were up 2.6 percent (±0.5%) from July 2014.

Inventories/Sales Ratio. The total business inventories/sales ratio based on seasonally adjusted data at the end of July was 1.36. The July 2014 ratio was 1.29.

Please visit this link to read the full report: USDOCCensus

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

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• U.S. Industrial Production & Capacity Utilization — August 2015

Industrial production decreased 0.4 percent in August after increasing 0.9 percent in July. The increase in July is now estimated to be greater than originally reported last month, largely as a result of upward revisions for mining and utilities.

Manufacturing output fell 0.5 percent in August primarily because of a large drop in motor vehicles and parts that reversed a substantial portion of its jump in July; production elsewhere in manufacturing was unchanged. The index for mining fell 0.6 percent in August, while the index for utilities rose 0.6 percent. At 107.1 percent of its 2012 average, total industrial production in August was 0.9 percent above its year-earlier level.

Capacity utilization for the industrial sector fell 0.4 percentage point in August to 77.6 percent, a rate that is 2.5 percentage points below its long-run (1972–2014) average.

Please visit this link to read the full report: FederalReserve

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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• U.S. Advance Monthly Sales for Retail and Food Services— August 2015

U.S. retail and food services sales for August, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $447.7 billion, an increase of 0.2 percent (±0.5%) from the previous month, and 2.2 percent (±0.7%) above August 2014. Total sales for the June 2015 through August 2015 period were up 2.2 percent (±0.5%) from the same period a year ago.

Retail trade sales were up 0.1 percent (±0.5%) from July 2015, and 1.4 percent (±0.7%) above last year. Food services and drinking places were up 8.2 percent (±3.3%) from August 2014 and nonstore retailers were up 6.9 percent (±1.4%) from last year.

Please visit this link to read the full report: USDOCCensus

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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11 September 2015

• U.S. Producer Price Indexes — August 2015

The Producer Price Index for final demand was unchanged in August. Final demand prices rose 0.2 percent in July and 0.4 percent in June.

In August, a 0.4-percent increase in the index for final demand services offset a 0.6-percent decrease in prices for final demand goods.

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


10 September 2015

• U.S. Average Retail Gasoline and Diesel Fuel Prices — 07 September 2015


Regular Gasoline: The U.S. average retail price for regular gasoline decreased seven cents from last week to $2.44 per gallon as of September 7, 2015, $1.02 per gallon lower than at the same time last year. The Midwest price fell 12 cents to $2.35 per gallon. The West Coast price was down seven cents to $3.09 per gallon, and the Gulf Coast price declined six cents to $2.14 per gallon. The East Coast and Rocky Mountain prices each decreased four cents, to $2.31 per gallon and $2.73 per gallon, respectively.

Diesel Fuel: The U.S. average diesel fuel price increased two cents from the previous week to $2.53 per gallon, down $1.28 from the same time last year. The Midwest price increased four cents to $2.48 per gallon, while the West Coast price increased two cents to $2.75 per gallon. The Rocky Mountain and Gulf Coast prices each increased one cent, to $2.57 per gallon and $2.39 per gallon, respectively. The East Coast price increased less than a penny to remain $2.59 per gallon

Please visit this link to read the full report: USEnergyInformationAdministration

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/

• U.S. Wholesale Trade: Sales and Inventories— July 2015

Sales. 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 $449.5 billion, down 0.3 percent (+/-0.5) from the revised June level and were down 4.2 percent (+/-1.4%) from the July 2014 level.

Inventories. Total inventories of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations but not for price changes, were $584.3 billion at the end of July, down 0.1 percent (+/-0.4%)* from the revised June level, but were up 4.9 percent (+/-1.4%) from the July 2014 level.

Inventories/Sales Ratio. The July inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.30. The July 2014 ratio was 1.19.

Please visit this link to read the full report: USDOCCensus

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Initial Unemployment Claims — 05 September 2015


In the week ending September 5, the advance figure for seasonally adjusted initial claims was 275,000, a decrease of 6,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 282,000 to 281,000.

The 4-week moving average was 275,750, an increase of 500 from the previous week's revised average. The previous week's average was revised down by 250 from 275,500 to 275,250.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending August 29, unchanged from the previous week's unrevised rate.

The highest insured unemployment rates in the week ending August 22 were in Puerto Rico (3.4), New Jersey (2.9), Connecticut (2.7), Pennsylvania (2.4), Alaska (2.3), California (2.3), Nevada (2.2), Rhode Island (2.2), Massachusetts (2.1), and the Virgin Islands (2.1).

The largest increases in initial claims for the week ending August 29 were in New York (+4,642), Ohio (+1,027), Indiana (+824), Oregon (+809), and Illinois (+586), while the largest decreases were in Pennsylvania (-1,549), California (- 1,301), Michigan (-703), Puerto Rico (-636), and New Jersey (-545).

Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits.

See the complete report at this link: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


09 September 2015

• U.S. Job Openings, Hires, Turnover, Quits — July 2015


• There were 6.197 million job openings [all data NSA] on the last business day of July, up 22.4% from the same month a year ago; the job openings rate was 4.2%.

• Hires were 5.417 million, down 0.8%% from July 2014; the hires rate was 3.8%.

• Total separations were 5.069 million up 0.8% in the last 12 months. This yielded a “turnover” rate of 3.6% for the month…an annual equivalent of 43.2%.

• Within total separations, the 3.085 million quits [up 5.8%] yielded a quit rate of 2.2% percent and 1.544 million layoffs and discharges [down 11.2%] yielded a rate of 1.1%.

[1] The job openings rate is the number of job openings on the last business day of the month as a percent of total employment plus job openings. [2] The hires rate is the number of hires during the entire month as a percent of total employment. [3] The total separations rate is the number of total separations during the entire month as a percent of total employment; includes quits. [4] The quits rate is the number of quits during the entire month as a percent of total employment; included in "total turnover."

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Employer Costs for Employee Compensation — Q2 2015

Private industry employers spent an average of $31.39 per hour worked for employee compensation in June 2015. Wages and salaries averaged $21.82 per hour worked and accounted for 69.5 percent of these costs, while benefits averaged $9.56 and accounted for the remaining 30.5 percent.

Total compensation costs for state and local government workers averaged $44.22 per hour worked in June 2015. Total compensation costs for civilian workers, which include private industry and state and local government workers, averaged $33.19 per hour worked.

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


08 September 2015

• U.S. Consumer Credit – July 2015


• Q1: In July, consumer credit increased at a seasonally adjusted annual rate of 6-3/4 percent. Revolving credit increased at an annual rate of 5-3/4 percent, while nonrevolving credit increased at an annual rate of 7 percent.

See the complete report at this link: Federal Reserve

*Note: Nonrevolving credit can be used only once, such as with a car loan or student loan. Revolving credit can be used multiple times, such as with a credit card.


• CTDOL Recovers $6.1 Million in Wages Owed To Workers — FY Ended 30 June

“…the money includes nearly $1.5 million recovered after more than 2,300 complaints from workers that they hadn't been paid.

”Another $788,000 was recovered for workers who didn't get the required minimum wage or overtime….”

Please visit this link to read the full report: HartfordCourant

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


04 September 2015

• U.S. Employment Situation — August 2015

Total nonfarm payroll employment increased by 173,000 in August. Job gains occurred in health care and social assistance and in financial activities. Manufacturing and mining lost jobs.

The unemployment rate edged down to 5.1 percent, and the number of unemployed persons edged down to 8.0 million. Over the year, the unemployment rate and the number of unemployed persons were down by 1.0 percentage point and 1.5 million, respectively.

Among the major worker groups, the unemployment rate for whites declined to 4.4 percent in August. The rates for adult men (4.7 percent), adult women (4.7 percent), teenagers (16.9 percent), blacks (9.5 percent), Asians (3.5 percent), and Hispanics (6.6 percent) showed little change in August.

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


03 September 2015

• U.S. Consumer Expenditures — 2014

Average expenditures per consumer unit in 2014 were $53,495, a 4.7-percent increase from 2013 levels. During the same period, the Consumer Price Index (CPI-U) rose 1.6 percent. In 2013, spending decreased 0.7 percent. Average pre-tax income per consumer unit increased at about the same pace as expenditures, up 4.8 percent from 2013.

Consumer units include families, single persons living alone or sharing a household with others but who are financially independent, or two or more persons living together who share expenses.

Most major components of household spending increased in 2014, as shown in table A. Many of the categories with large percentage increases in expenditures rebounded from declines in spending in 2013. The rise in healthcare expenditures was one of the largest increases among the major components.

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Initial Unemployment Claims — 29 August 2015


In the week ending August 29, the advance figure for seasonally adjusted initial claims was 282,000, an increase of 12,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 271,000 to 270,000.

The 4-week moving average was 275,500, an increase of 3,250 from the previous week's revised average. The previous week's average was revised down by 250 from 272,500 to 272,250.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending August 22, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 22 was 2,257,000, a decrease of 9,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending August 15 were in Puerto Rico (3.7), New Jersey (3.0), Connecticut (2.7), Pennsylvania (2.6), Alaska (2.3), California (2.3), Rhode Island (2.3), Nevada (2.2), the Virgin Islands (2.2), and Massachusetts (2.1).

The largest increases in initial claims for the week ending August 22 were in Pennsylvania (+1,875), New York (+832), Ohio (+461), Tennessee (+354), and Massachusetts (+311), while the largest decreases were in Kansas (-1,473), California (-1,302), Michigan (-1,103), Missouri (-421), and Kentucky (-403).

Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits.

See the complete report at this link: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Balance of Trade — July 2015

The goods and services deficit was $41.9 billion in July, down $3.3 billion from $45.2 billion in June, revised. July exports were $188.5 billion, $0.8 billion more than June exports. July imports were $230.4 billion, $2.5 billion less than June imports.

The July decrease in the goods and services deficit reflected a decrease in the goods deficit of $3.4 billion to $61.4 billion and a decrease in the services surplus of less than $0.1 billion to $19.6 billion.

Year-to-date, the goods and services deficit increased $10.6 billion, or 3.6 percent, from the same period in 2014. Exports decreased $47.0 billion or 3.5 percent. Imports decreased $36.4 billion or 2.2 percent.

Please visit this link to read the full report: USDOC-BEA

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


02 September 2015

• U.S. Average Retail Gasoline and Diesel Fuel Prices — 31 August 2015


Regular Gasoline: The U.S. average retail price of regular gasoline decreased 13 cents from last week to $2.51 per gallon on August 31, 2015, 95 cents per gallon less than at the same time last year. The Midwest price showed the largest decline, down 20 cents to $2.47 per gallon. The West Coast price decreased 12 cents per gallon to $3.16 per gallon. The Gulf Coast and East Coast prices were both down nine cents per gallon, to $2.20 per gallon and $2.34 per gallon, respectively. The Rocky Mountain price was down five cents to $2.77 per gallon.

Diesel Fuel: The U.S. average diesel fuel price fell five cents from the previous week to $2.51 per gallon, down $1.30 per gallon from the same time last year. The East Coast price decreased six cents to $2.59 per gallon. The Midwest, Gulf Coast, and West Coast prices each were down four cents, to $2.44 per gallon, $2.38 per gallon, and $2.72 per gallon, respectively. The Rocky Mountain price declined three cents to $2.56 per gallon.

Please visit this link to read the full report: USEnergyInformationAdministration

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/

• U.S. Manufacturers’ Shipments, Inventories, and Orders — July 2015

New orders for manufactured durable goods in July, up two consecutive months, increased $5.1 billion or 2.2 percent to $241.7 billion, up from the previously published 2.0 percent increase. This followed a 4.1 percent June increase.

Transportation equipment, also up two consecutive months, led the increase, $4.4 billion or 5.5 percent to $84.0 billion.

New orders for manufactured nondurable goods decreased $3.1 billion or 1.3 percent to $240.3 billion.

Please visit this link to read the full report: USDOCCensus

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Productivity and Unit Labor Costs — Q2 2015

Nonfarm business sector labor productivity increased at a 3.3-percent annual rate during the second quarter of 2015 as output increased 4.7 percent and hours worked increased 1.4 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) From the second quarter of 2014 to the second quarter of 2015, productivity increased 0.7 percent, reflecting increases in output and hours worked of 3.3 percent and 2.6 percent, respectively.

Unit labor costs in the nonfarm business sector decreased 1.4 percent in the second quarter of 2015, reflecting a 1.8-percent increase in hourly compensation and a 3.3-percent increase in productivity. Unit labor costs increased 1.7 percent over the last four quarters.

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


01 September 2015

• U.S. Major Metropolitan Area Employment, Unemployment — July 2015

Unemployment rates were lower in July than a year earlier in 359 of the 387 metropolitan areas, higher in 20 areas, and unchanged in 8 areas.

Six areas had jobless rates of less than 3.0 percent and five areas had rates of at least 10.0 percent. Nonfarm payroll employment increased over the year in 322 metropolitan areas, decreased in 54 areas, and was unchanged in 11 areas.

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. ISM Manufacturing Report — August 2015

“Economic activity in the manufacturing sector expanded in August for the 32nd consecutive month, and the overall economy grew for the 75th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

"The August PMI® registered 51.1 percent, a decrease of 1.6 percentage points from the July reading of 52.7 percent.…”

Please visit this link to read the full report: InstituteForSupplyManagement

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Construction Spending — July 2015

Construction spending during July 2015 was estimated at a seasonally adjusted annual rate of $1,083.4 billion, 0.7 percent (±1.5%)s above the revised June estimate of $1,075.9 billion. The July figure is 13.7 percent (±2.0%) above the July 2014 estimate of $952.5 billion.

During the first 7 months of this year, construction spending amounted to $583.2 billion, 9.3 percent (±1.5%) above the $533.7 billion for the same period in 2014.

Please visit this link to read the full report: USDOCCensus

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/