Economic Indexes

US Homebuilder Confidence Holds Steady In November

Nov 16th, 2016 | By
Photo by Doug Lindley/ Signs of new construction

By ALEX VEIGA,  AP Business Writer U.S. homebuilders’ confidence held steady this month, though their expectations for sales into next year dimmed slightly. The National Association of Home Builders/Wells Fargo builder sentiment index released Wednesday was unchanged at 63. That’s two points below September’s reading, which was the highest in nearly a year, and up
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US manufacturing output stumbled in August

Sep 15th, 2016 | By

By Christopher S. Rugaber/AP Economics Writer WASHINGTON (AP) — U.S. factory production fell last month amid cutbacks in appliances, home electronics and machinery, threatening hopes for a manufacturing rebound after two previous months of gains. The Federal Reserve said Thursday factory production dropped 0.4 percent in August, after an increase of 0.4 percent in July.
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Census Bureau: 2015 Drop in Poverty is Largest on Record Since 1999

Sep 15th, 2016 | By

By Ashley Edwards, Chief, Poverty Statistics Branch Estimates released today from the Current Population Survey Annual Social and Economic Supplement (CPS ASEC) show the official poverty rate in the United States declined to 13.5 percent in 2015, a 1.2 percentage point drop from 2014. The last time poverty rates declined this much from year to year
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Census Bureau: 2014 to 2015 Median Household Income is Largest Percentage Increase Since 1998

Sep 15th, 2016 | By

By Jonathan Rothbaum, Chief, Income Statistics Branch Estimates released today from the Current Population Survey Annual Social and Economic Supplement (CPS ASEC) show real median household income in 2015 was $56,516, a 5.2 percent increase from the 2014 median in real terms. This is the largest year-to-year increase since 1997 to 1998, when median household income
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Nearly 1 in 10 Businesses With Employees Are New, According to Inaugural Annual Survey of Entrepreneurs

Sep 1st, 2016 | By

By The U.S. Census Bureau Among the 5.4 million U.S. firms with paid employees, 481,981, or 8.9 percent, had been in business for less than two years in 2014, according to findings from the U.S. Census Bureau’s inauguralAnnual Survey of Entrepreneurs. In contrast to the employer firms that had been in business for less than two
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US productivity down in spring, while labor costs rise

Sep 1st, 2016 | By

By Martin Crutsinger /AP Economics Writer WASHINGTON (AP) — U.S. productivity fell in the April-June quarter by a larger amount than first estimated, while labor costs accelerated sharply. Productivity declined at an annual rate of 0.6 percent, even worse than the 0.5 percent drop initially reported, the Labor Department reported Thursday. It marked the third
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Idaho Unemployment Rate Edges Up to 3.8%

Aug 24th, 2016 | By

Press Release Strong job growth, a continued demand for workers and an increase in people looking for work edged Idaho’s seasonally adjusted unemployment rate up slightly in July to 3.8 percent. Idaho regained its status as number one in the nation for over-the-year job growth in July with nearly 23,000 more jobs and a 3.4
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Applications for US unemployment aid slip to a low 266,000

Aug 11th, 2016 | By
(Submitted Photo)

By Christopher S. Rugaber/AP Economics Writer WASHINGTON (AP) — Slightly fewer people sought U.S. unemployment benefits last week, a sign that layoffs are low and employers are probably adding new jobs. THE NUMBERS: Weekly applications for U.S. unemployment aid barely fell last week, slipping 1,000 to 266,000. The four-week average, a less volatile measure, rose
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Average US 30-year mortgage rate declines to 3.43 percent

Aug 4th, 2016 | By
Home for Sale

WASHINGTON (AP) — Long-term U.S. mortgage rates declined this week after rising for three straight weeks, continuing to lure prospective homebuyers. Mortgage giant Freddie Mac said Thursday the average for the benchmark 30-year fixed-rate mortgage fell to 3.43 percent from 3.48 percent last week. The average rate is down sharply from 3.91 percent a year
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US wages, benefits see steady rise in second quarter

Jul 29th, 2016 | By

By Josh Boak/ AP Economics Writer WASHINGTON (AP) — The wages and benefits paid to U.S. civilian workers rose at a steady pace in the second quarter compared to the first three months of the year, as income growth showed signs of slight acceleration. The Labor Department says total compensation increased 0.6 percent from April
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