Economic Indexes

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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Orders for durable goods plunged in June

Jul 27th, 2016 | By

By Martin Crutsinger/AP Economics Writer WASHINGTON (AP) — Orders to U.S. factories for long-lasting manufactured goods fell in June by the largest amount in nearly two years, reflecting a big decline in the volatile category of commercial aircraft and broad weakness across a number of other areas. The key category that tracks business investment eked
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June revenue bump propels Idaho’s year-end budget into the black

Jul 21st, 2016 | By
Idaho Governor C.L. "Butch" Otter talks to reporters outside the Chobani plant in Twin Falls. (Photo by Cydney McFarland/Idaho State Journal)

June’s General Fund receipts of $328.6 million were $20.1 million above economists’ projections. Final fiscal year 2016 totals were $3.184 billion – about $85,000 more than the 4.1-percent growth rate forecast in January. Press Release  BOISE – Governor C.L. “Butch” Otter and State Controller Brandon Woolf announced July 14 that the State of Idaho closed the fiscal
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US homes sales improved in June, best pace since early 2007

Jul 21st, 2016 | By
Home for Sale

By Josh Boak/AP Economics Writer WASHINGTON (AP) — Americans bought more homes in June, the fourth straight monthly gain as the sales rate reached its highest level in more than nine years. The National Association of Realtors said Thursday that sales of existing homes rose 1.1 percent last month to a seasonally adjusted annual rate
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Average US 30-year mortgage rate falls to new 2016 lows

Jul 7th, 2016 | By
Home for Sale

By Paul Wiseman/AP Economics Writer WASHINGTON (AP) — Long-term U.S. mortgage rates fell this week to the lowest level since May 2013, driven down by financial tumult in Europe. Mortgage giant Freddie Mac says the average 30-year fixed rate mortgage fell to 3.41 percent from 3.48 percent a week ago. A year ago, the 30-year
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US claims for jobless aid fall, sign of employer resilience

Jul 7th, 2016 | By

By Josh Boak/AP Economics Writer WASHINGTON (AP) — Fewer Americans sought unemployment benefits last week, a sign that U.S. workers still have job security despite recent tremors in the global economy. The Labor Department said Thursday that weekly applications fell 16,000 to a seasonally adjusted 254,000. The 4-week average, which is less volatile, dipped slightly
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Survey: US businesses add decent 172,000 jobs in June

Jul 7th, 2016 | By
(Submitted Photo)

By Christopher S. Rugaber/AP Economics Writer WASHINGTON (AP) — U.S. companies added 172,000 jobs last month, according to a private survey, a sign that hiring may have recovered after a slowdown in April and May. Payroll processor ADP said Thursday that service firms, such as retailers and transportation companies, added jobs at a solid pace
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Idaho’s Population Growth Slows from 2014-2015

Jun 30th, 2016 | By
idaho Counties Map

Idaho Department of Labor/Press Release New Census figures show Idaho’s population growth is slowing. The number of people living in the Gem State grew 1.2 percent from July 2014 to July 2015 to 1,654,93, compared with a 1.4 percent increase from July 2013 to July 2014. The Census estimates also show more than a 40
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