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The Two-Way
Jobless Claims Fell Last Week; But Job Growth Was Likely Weak Last Month
December 6, 2012 The pace of claims for unemployment insurance has settled back into its pre-Superstorm Sandy range. But on Friday, economists expect to hear that relatively few jobs were added to payrolls in November.
The Two-Way
Consumer Spending Dipped In October; Superstorm Sandy Blamed
November 30, 2012 Many in the Northeast and Mid-Atlantic couldn't get to stores and were out of work for at least a short time because of the destruction Sandy wrought. That dampened spending and cut into incomes.
The Two-Way
Third-Quarter Economic Growth Revised Upward
November 29, 2012 Gross domestic product grew at a 2.7 percent annual rate, the government says. Not only is that a sharp upward revision from the previous estimate, it's also growth at twice the rate of the second quarter.
The Two-Way
Economy Is Growing At A 'Measured Pace,' Federal Reserve Says
November 28, 2012 The central bank says conditions continued to improve, though not dramatically, in recent weeks. The report adds to other evidence that the economy is moving along fast enough to keep unemployment from rising, but not fast enough to bring the jobless rate down sharply.
The Two-Way
New Home Sales Dipped A Bit In October, But Were Well Above Year Before
November 28, 2012 Though the pace dipped 0.3 percent from September to October, it was up 17.2 percent from September 2011. It's another sign that the housing sector is on the mend, though growth has been somewhat uneven.
The Two-Way
Consumer Confidence Edges Up Again; Reaches Highest Point Since Early 2008
November 27, 2012 Consumers purchase more than two-thirds of all goods and services. If they're feeling better, that's a good omen for the overall economy.
The Two-Way
Home Prices Rose For Sixth Month, Survey Shows
November 27, 2012 Signs that the housing sector is recovering have been popping up in recent months. Today's news adds to the evidence. Prices were up earlier this fall in nearly all major cities.
The Two-Way
Jobless Claims Drop; But Superstorm Sandy's Effects Still Being Felt
November 21, 2012 The storm cost some people their jobs and forced many to delay filing their claims. The effects will likely continue to be felt for some time.
The Two-Way
Good Signs: Home Sales Are Up; Builders' Confidence Is Also Higher
November 19, 2012 Sales of existing homes rose again in October. Meanwhile, home builders are the most confident they've been in more than six years. Taken together, the reports are the latest signs that the housing sector is on the mend.
The Two-Way
Superstorm Sandy Sends Jobless Claims Up Sharply
November 15, 2012 The storm threw some people onto unemployment rolls and shut down some state offices the previous week — meaning some laid-off workers couldn't file their claims until last week.
The Two-Way
McDonald's Has First Drop In Key Sales Figure Since 2003
November 8, 2012 Sales at the chain's restaurants that have been open at least 13 months fell 1.8 percent in October. It's the first month-to-month decline for the fast-food giant in that important indicator since April 2003.
The Two-Way
Jobless Claims Fell By 8,000 Last Week; Superstorm Sandy Might Be Factor
November 8, 2012 Some of those who were out of work may not have been able to file claims, however, because of the damage the storm inflicted on parts of New Jersey, New York and surrounding states.
The Two-Way
Consumer Confidence Hits Highest Point In Nearly Five Years
November 1, 2012 Many Americans are feeling more upbeat about the economy, according to the latest report from the Conference Board. That could bode well for the 2012 holiday shopping season.
The Two-Way
Some Mixed Signals From Latest Jobs Numbers
November 1, 2012 Claims for jobless benefits dipped and one measure showed a gain last month in private jobs. But employers also announced more layoffs. The picture may get clearer on Friday, when October's unemployment rate will be reported.
The Two-Way
Consumer Spending Jumped Up In September
October 29, 2012 There was a 0.8 percent rise from August to September. Since consumer spending accounts for more than two-thirds of economic activity, it is crucial.