Economic Indexes

Dow bull session: What does 22,000 points mean anyway?

Aug 2nd, 2017 | By
In this Friday, Feb. 21, 2014, file photo, trader Gregory Rowe, center, works at the post of specialist Joseph Mastrolia, left, on the floor of the New York Stock Exchange. Global stocks were mostly lower Tuesday, Feb. 25, 2014, amid jitters about China's housing market and weakness in the country's currency. (AP Photo/Richard Drew, File)

By Marley Jay/AP Markets Writer NEW YORK (AP) — You could say the Dow cruised to 22,000: The blue chip index rose to its latest milestone without much excitement or drama as aerospace giant Boeing and a few other companies did most of the work. Stocks have spent the last five months gradually moving higher,
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AP FACT CHECK: Trump adrift on tax rates, Canada, econ lingo

May 12th, 2017 | By

By Josh Boak and Paul Wiseman / Associated Press WASHINGTON (AP) — In an interview with The Economist, President Donald Trump whiffed on a batch of economic facts. He got the Canada-U.S. trade balance wrong, misplaced the U.S. in the world ranks of tax burdens and claimed to have coined an economic phrase that’s been familiar
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US economy expanded at weakest pace in 3 years

Apr 28th, 2017 | By
FILE - In this May 11, 2007, file photo, a Wall Street sign is mounted near the flag-draped facade of the New York Stock Exchange. U.S. stocks are dropping in early trading amid financial jitters in Europe and disappointing retail earnings. (AP Photo/Richard Drew, File)

By Martin Crutsinger/AP Economics Writer WASHINGTON (AP) — The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. The result fell far short of President Donald Trump’s ambitious growth targets and underscores the challenges of accelerating economic expansion. The gross domestic product, the total
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Idaho’s Unemployment Rate Declines to 3.5 Percent

Apr 22nd, 2017 | By

Idaho DOL Press Release Idaho’s seasonally adjusted unemployment rate dropped to 3.5 percent in March, down one tenth of a percent from 3.6 percent in February. March marks the 78th straight month of over-the-year labor force gains. However, preliminary numbers for March show Idaho’s first labor force month-to-month decline in two years with a decrease
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Energy companies and banks fall as US stocks turn lower

Mar 20th, 2017 | By
Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Wednesday, Jan. 6, 2016. U.S. stocks dropped Wednesday as investors fretted about signs of belligerence from North Korea and more weakening of China's economy, which pummeled energy companies.  (AP Photo/Richard Drew)

By Marley Jay/AP Markets Writer NEW YORK (AP) — Major U.S. indexes are drifting lower in afternoon trading Monday as energy companies fall with oil prices and banks slip along with bond yields. European markets mostly fell after the British government said it will formally begin the process of leaving the European Union next week.
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US jobless claims drop to lowest level since 1973

Mar 2nd, 2017 | By
(Submitted Photo)

By Paul Wiseman/AP Economics Writer WASHINGTON (AP) — Just 223,000 Americans applied for unemployment benefits last week, fewest in nearly 44 years. THE NUMBERS: The Labor Department says unemployment claims dropped by 19,000 from 242,000 the previous week to the lowest level since March 1973 when Richard Nixon was president. The four-week average, which is
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Idaho unemployment rate drops to 3.7 percent

Jan 23rd, 2017 | By
3.7 Unemployment

The unemployment rate in Idaho ticked even lower in December, to 3.7 percent, after five straight months at 3.8 percent. A year ago the seasonally adjusted jobless rate was 3.9 percent. The total number of people working in Idaho increased by about 300, to 784,200, the Idaho Labor Department said Friday. The state’s labor force
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Idaho’s Second Quarter 2016 Wages Show 4.2 Percent Increase over 2015

Jan 10th, 2017 | By

Press Release Idaho’s private sector average weekly wage grew by $30 between the second quarters of 2015 and 2016 to $743. The state’s 4.2 percent over-the-year increase during the second quarter of 2016 was twice the national average rate of 2.1 percent and put Idaho in fourth place behind Washington, New Hampshire and Oregon in
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Idaho Population Growth Strongest Since 2008

Jan 10th, 2017 | By
People in a group population

Press Release Idaho’s population grew by 1.8 percent between mid-2015 and mid-2016, the third strongest increase of all states and 1.1 percentage point ahead of the national growth rate. According to the U.S. Census Bureau, the state’s population was 1,683,140 as of July 1, 2016, an estimated increase of more than 30,300. This was the
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Credit card spending jumped in November

Jan 9th, 2017 | By
Consumer Spending Credit Card

By Martin Crutsinger/AP Economics Writer WASHINGTON (AP) — Consumers increased their borrowing in November at the fastest pace in three months. Total borrowing in November climbed $24.5 billion, compared to a smaller $16.2 billion in October, the Federal Reserve reported Monday. The increase pushed total debt to a fresh record of $3.75 trillion. The acceleration
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