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Advance Report on Durable Goods Manufacturers’ Shipments, Inventories, and Orders

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Advance Report on Durable Goods Manufacturers’ Shipments, Inventories, and Orders

New orders for manufactured durable goods in March decreased $13.1 billion or 5.7%** to $216.3 billion. March 2013: -5.7** % change February 2013: 4.3** % change Source: U.S. Census Data

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U.S. Department Of Labor Sequestration Information

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U.S. Department Of Labor Sequestration Information

For anyone wondering about the reality of sequestration for major government agencies, here are the U.S. Department of Labor’s online resources for its employees who are facing the blunt end of sequestration. U.S. Department Of Labor Sequestration Information The following information is provided to assist DOL employees who may be impacted by budget reductions required by sequestration.  […]

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U.S. Consumer Spending Continues Upward Trend in March

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U.S. Consumer Spending Continues Upward Trend in March

U.S. self-reported daily consumer spending increased to $89 in March from $83 in February and $80 in January. Upper-income and lower- and middle-income spending has increased modestly since January. Source: Gallup Economy         Please subscribe to WWOW’s posts by email: [subscribe2][subscribe2]

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Conference Board’s U.S. Leading Economic Index Up For Third Month

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Conference Board’s U.S. Leading Economic Index Up For Third Month

Third Consecutive Increase; Improvement was Driven by Majority of Components …read more The Conference Board’s Leading Economic Index for the U.S. rose 0.5% in February to 94.8, following a 0.5% increase in January, and a 0.4% increase in December. “This month’s increase in the U.S. LEI – the third consecutive – was widespread and driven […]

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U.S. Quarterly Services Survey

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U.S. Quarterly Services Survey

U.S. Quarterly Services Survey U.S. information sector revenue for the fourth calendar quarter of 2012, adjusted for seasonal variation but not for price changes, was $309.7 billion, an increase of 3.2 percent (+/- 1.3) from the third quarter of 2012. 4th Qtr 2012: +3.2 % change 3rd Qtr 2012: +0.7* % change …read more  

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Economy Expanding Slowly, Possibly Gaining Some Strength

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Economy Expanding Slowly, Possibly Gaining Some Strength

Economy Expanding Slowly, Possibly Gaining Some Strength A preview of the potentially market-moving reports on the economy coming out this week. …read more   Subscribe to WWOW’s posts by email: [subscribe2]

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Spending Cuts For Most Programs Have Little Support, Sequester Looms

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Spending Cuts For Most Programs Have Little Support, Sequester Looms

Pew Center for the People and the Press– As the March 1 deadline for a possible budget sequester approaches, a new national survey finds limited public support for reducing spending for a range of specific programs, including defense, entitlements, education and health care. For 18 of 19 programs tested, majorities want either to increase spending […]

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Older Workers Delay Retirement, No End In Sight For Many

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Older Workers Delay Retirement, No End In Sight For Many

The Conference Board—Even as stock prices rise, unemployment drops, and overall recovery takes hold, more U.S. workers than ever are delaying retirement, according to a report by The Conference Board, Trapped on the Worker Treadmill? “It’s disconcerting that the two years in which the U.S. economy seemed to finally, if fitfully, turn the corner also left […]

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Unemployment Insurance Slashed In North Carolina, Hard Times Made Harder

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Unemployment Insurance Slashed In North Carolina, Hard Times Made Harder

By WideWorldOfWork.com — Hard times for the unemployed in North Carolina will sooner get a lot harder. Republican North Carolina Gov. Pat McCrory signed a bill on Tuesday, Feb. 19, 2013, lowering the maximum amount the state’s jobless workers can receive in unemployment insurance  benefits by 35% from $535 to $350 a week starting July […]

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Imports Helped Kill The Twinkie, Hostess Brands Workers Get Assistance

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Imports Helped Kill The Twinkie, Hostess Brands Workers Get Assistance

By WideWorldOfWork.com— Imports of cheap baked goods helped kill the Twinkie and the Ding Dong. A U.S. Department of Labor investigation has found that increased imports of baked products contributed importantly to Hostess Brands’ sales declines, worker layoffs and ultimately its bankruptcy liquidation. The DOL says that the approximately 18,000 workers laid off in 48 […]

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