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Thursday, February 21, 2013

The Two-Way

Existing Home Sales Rise Again; 'Seller's Market Is Developing,' Realtors Say

A "for sale" sign in San Francisco last summer.

February 21, 2013 Sales were up more than 9 percent from a year ago. Realtors report that across much of the nation, would-be buyers are beginning to outpace the supply of homes.

Summary

The Two-Way

Inflation Was In Check Last Month; Jobless Claims Jumped Last Week

Gasoline prices at a station in Encinitas, Calif., earlier this week.

February 21, 2013 Consumer prices were flat in January. But since then, gas prices have risen sharply. So upcoming inflation reports may not be as positive.

Summary

Wednesday, February 20, 2013

The Two-Way

Single-Family Housing Starts Edged Up In January

Going up: A construction worker at a housing development in San Mateo, Calif., in June 2012.

February 20, 2013 The housing sector has been among the economy's bright spots. The news about single-family homes is a sign that trend will continue.

Summary

Thursday, February 14, 2013

The Two-Way

Jobless Claims Fell By 27,000 Last Week

February 14, 2013 The decline looks like another sign that the labor market is slowly, steadily, improving.

Summary

Thursday, February 07, 2013

The Two-Way

366,000 New Claims For Jobless Benefits, Down Only Slightly

February 7, 2013 The pace of claims for unemployment insurance changed little. That could be a sign that employers are hiring and firing at about the same rate as they did in 2012.

Summary

Friday, February 01, 2013

The Two-Way

Though Jobless Rate Stays Stuck, Job Growth Looks Much Stronger

Job seekers came to the ThistleDown Racino and Horseshoe Casino in Warrensvile Hts., Ohio, last month.

February 1, 2013 The jobless rate was 7.9 percent vs. 7.8 percent in December. But new data show job growth has been better than first thought and ended 2012 on a strong note. Overall, it's estimated that several hundred thousand more jobs were created in 2011 and 2012 than previously thought.

Summary

Thursday, January 31, 2013

The Two-Way

Growth In Incomes, Spending Slowed In 2012; Jobless Claims Jumped Last Week

Consumer spending rose in 2012, but not by as much as the year before. In December, these shoppers were out and about in Glendale, Calif.

January 31, 2013 The year ended on a strong note, with personal incomes up 2.6 percent in December alone. But over all of 2012, growth in both incomes and spending was less than the increases in 2011. The week's big economic news comes Friday when we'll hear how many jobs were created in January.

Summary

Wednesday, January 30, 2013

The Two-Way

192,000 Jobs Added To Payrolls This Month, Report Signals

Looking for work: In Birmingham, Ala., last summer, Jessica McQueen (left) and Ashley Abramson were among those filling out applications at a jobs fair.

January 30, 2013 The latest ADP National Employment Report seems to show a modest uptick in employment growth as 2013 began. But it comes after a surprisingly downbeat report about how the economy was doing as it ended 2012.

Summary

The Two-Way

Economy Shrank At 0.1 Percent Annual Rate In Fourth Quarter

January 30, 2013 The economy had not contracted in any quarter since the spring of 2009. Among the reasons why there wasn't growth in the last three months of 2012: steep cuts in defense spending.

Summary

Tuesday, January 29, 2013

The Two-Way

Home Prices Continue To Rise; Housing Is Now Economic 'Bright Spot'

A sign of the times in Boca Raton, Fla. (November 2012 file photo.)

January 29, 2013 In nearly all major cities across the nation, prices rose at a faster pace in November than they had in October, the latest S&P/Case-Shiller Home Price Indices report shows. It's another sign that the housing sector has recovered from its bust.

Summary

Monday, January 28, 2013

The Two-Way

After Rising To Pre-recession Levels, Stocks Pause; Will Bulls Resume Running?

Traders on the floor of the New York Stock Exchange on Monday.

January 28, 2013 Though stocks took a breather Monday from their recent rally, there are reasons to think they'll continue their upward move in coming months. Money seems to be moving out of bonds and into stocks, corporate earnings are better than expected and economies overseas are getting back on their feet.

Summary

Friday, January 25, 2013

The Two-Way

Sales Of New Homes Fell In December, But Were Up Sharply In 2012

A "sold" sign outside a home under construction last fall in Peoria, Ill.

January 25, 2013 There were an estimated 367,000 new homes sold last year, up 19.9 percent from the 306,000 sold in 2011. The dip in December isn't being seen as a sign that the recovery has gone off track.

Summary

Thursday, January 24, 2013

The Two-Way

Jobless Claims Hold At Five-Year Low

January 24, 2013 There were 330,000 first-time claims for benefits last week, down 5,000 from the week before. That means applications remain at the lowest level since January 2008.

Summary

Tuesday, January 22, 2013

The Two-Way

Sales Of Existing Homes Hit Five-Year High In 2012

A "sale pending" sign outside a home in San Francisco last August.

January 22, 2013 The housing market continues to show signs that it's on the mend. Both sales and prices are up from a year ago.

Summary

Thursday, January 17, 2013

The Two-Way

Jobless Claims At Five-Year Low; Home Building Hit Five-Year High In 2012

Going up in Chicago: Row houses under construction.

January 17, 2013 The day's economic news is on the positive side: 37,000 fewer people filed claims for unemployment benefits last week; and home construction surged in December and last year.

Summary

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