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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
Continue reading …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. […]
Continue reading …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]
Continue reading …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 […]
Continue reading …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
Continue reading …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]
Continue reading …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 […]
Continue reading …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 […]
Continue reading …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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