Economic Indexes

US consumer spending, incomes rose in October

Nov 30th, 2016 | By
AP PHOTO
   In this photo of Oct. 12, customers shop for Rudsak shoes at Macy’s shoe department in New York. Shoes are coming out of the closet and landing under the Christmas tree. They’re a top seller this holiday season — a big feat considering they don’t usually make peoples’ gift lists.

By MARTIN CRUTSINGER,  AP Economics Writer WASHINGTON (AP) — U.S. consumers boosted their spending again in October, while their incomes increased at the fastest clip in six months. A key gauge of inflation watched by the Federal Reserve posted the fastest 12-month gain in two years. Consumer spending increased 0.3 percent in October after a
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US home sales reach strongest pace in nearly a decade

Nov 22nd, 2016 | By
Home for Sale

By JOSH BOAK,  AP Economics Writer WASHINGTON (AP) — Americans bought homes in October at the fastest pace in nearly decade, helped out by low mortgage rates that have since started to climb following the presidential election of Donald Trump. The National Association of Realtors said Tuesday that sales of existing homes rose 2 percent
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Cost of a classic Thanksgiving drops

Nov 22nd, 2016 | By
thanksgiving graphic_1

By Sarah Glenn/For the Journal POCATELLO – As turkeys fill grocery store refrigerators and cans of cranberry sauce fly off the shelves, shoppers can expect the cost of their Thanksgiving dinner to be a few cents lower this year due to falling food prices. The American Farm Bureau Federation’s 31st annual Thanksgiving dinner informal price
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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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