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A collection of news and information related to Economic Indicator published by this site and its partners.

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    May 31, 2012 |Story| Los Angeles Times

  1. GDP growth down, unemployment claims up

    WASHINGTON -- New unemployment claims unexpectedly jumped last week, indicating a pickup in layoffs, a worrisome sign ahead of Friday's important jobs report for May.
    WASHINGTON -- New unemployment claims unexpectedly jumped last week, indicating a pickup in layoffs, a worrisome sign ahead of Friday's important jobs report for May. Adding to the dreary economic news, the government said in a separate report Thursday...

    Tags: Unemployment, Job Layoffs, Automatic Data Processing, Inc., Career and Workplace, Labor Markets

    2. May 29, 2012 |Story| AP Member Choice Complete

  2. Consumer confidence plunges in May

    Americans' confidence in the U.S. economy suffered the biggest drop in eight months as worries about the weak jobs, housing and stock markets rattled them again. The decline comes after a few months of optimism amid some positive economic news.
    Americans' confidence in the U.S. economy suffered the biggest drop in eight months as worries about the weak jobs, housing and stock markets rattled them again. The decline comes after a few months of optimism amid some positive economic news. The...

    Tags: Stock Market, Consumers, Consumer Confidence, Labor Markets

    3. May 29, 2012 |Story| Los Angeles Times

  3. Consumer confidence dipped in May, Conference Board says

    WASHINGTON — Reading the attitudes of American consumers is getting to be as complicated as divining the preferences of American voters.
    WASHINGTON — Reading the attitudes of American consumers is getting to be as complicated as divining the preferences of American voters. Just as President Obama and presumptive Republican nominee Mitt Romney keep switching places in daily...

    Tags: Consumers, Mitt Romney, Consumer Confidence, Barack Obama

    4. May 25, 2012 |Story| Los Angeles Times

  4. Would Romney really cut spending on 'Day One'?

    Mitt Romney has a <a href=&quot;http://www.mittromney.com/videos">new ad</a> out, touting what he'll do on his first day as president. "Day One," the narrator intones, "President Romney announces deficit reductions, ending the Obama era of big government."
    Mitt Romney has a new ad out, touting what he'll do on his first day as president. "Day One," the narrator intones, "President Romney announces deficit reductions, ending the Obama era of big government." That’s pretty much what Romney has been...

    Tags: Public Finance, Mitt Romney, Mitchell Landsberg, Elections, Budgets and Budgeting

    5. May 25, 2012 |Story| Los Angeles Times

  5. Consumer confidence surged in May to highest level since 2007

    WASHINGTON -- Despite Europe's economic troubles, American consumers are feeling better about the economy than at any time since the start of the Great Recession.
    WASHINGTON -- Despite Europe's economic troubles, American consumers are feeling better about the economy than at any time since the start of the Great Recession. Consumer confidence surged in May to its highest level since October 2007, the ninth-...

    Tags: Consumers, Consumer Confidence

    6. May 25, 2012 |Story| Los Angeles Times

  6. Stocks open mixed ahead of long weekend

    Stocks were mixed in early trading on Wall Street amid continuing concerns over the European debt crisis but positive U.S. consumer confidence data.
    Stocks were mixed in early trading on Wall Street amid continuing concerns over the European debt crisis but positive U.S. consumer confidence data. The Dow Jones industrial average was down 37 points, or 0.3%, to 12,493 shortly after the opening bell....

    Tags: Financing and Stock Offerings, Consumers, Consumer Confidence

    7. May 24, 2012 |Story| Los Angeles Times

  7. Britain's deep double-dip raises questions about austerity

    We knew it was bad, but news out from across the pond indicates that uncertainty in Europe might be slamming the economy there even more than had been thought. <a href=&quot;http://www.ons.gov.uk/ons/rel/elmr/economic-review/may-2012/economic-review---may.html#tab-GDP-contracted-by-0-3-per-cent-in-2012-Q1" target="_blank">Revised data</a> show that Britain&rsquo;s gross domestic product contracted more than previously believed in the first quarter, indicating that its economy not only entered a double-dip recession earlier this year, but that the drop was also deeper than expected.
    We knew it was bad, but news out from across the pond indicates that uncertainty in Europe might be slamming the economy there even more than had been thought. Revised data show that Britain’s gross domestic product contracted more than previously...

    Tags: Europe, Consumer Confidence, United Kingdom, Personal Investing, World War II (1939-1945)

    8. May 24, 2012 |Story| Los Angeles Times

  8. Jobless claims barely change; durable goods orders plunge

    After jobless claims reached a five-month high in April, last week&rsquo;s tiny dip came as a relief. But a heavy slide in orders for long-lasting goods is less soothing.
    After jobless claims reached a five-month high in April, last week’s tiny dip came as a relief. But a heavy slide in orders for long-lasting goods is less soothing. Applications for unemployment benefits shrank by 2,000 last week to a seasonally...

    Tags: Unemployment, Employment Opportunities, General Mills Incorporated, Career and Workplace, Labor Markets

    9. May 23, 2012 |Story| Los Angeles Times

  9. Can Congress steer us away from the fiscal cliff? Don't bet on it

    Although Mitt Romney wants to focus on jobs and economic growth, the House GOP leadership seems determined to make the coming election a referendum on the federal budget. That's a debate at least some Democrats believe is a winner for them as well: It's an opportunity to talk about Republicans' unwillingness to raise taxes on &quot;millionaires and billionaires." It's also a chance to try to define the Republicans' approach in a newly unflattering way: "austerity."
    Although Mitt Romney wants to focus on jobs and economic growth, the House GOP leadership seems determined to make the coming election a referendum on the federal budget. That's a debate at least some Democrats believe is a winner for them as well: It's...

    Tags: Republican Party, Business, Budgets and Budgeting, Christopher Van Hollen Jr., Politics

    10. May 22, 2012 |Story| Los Angeles Times

  10. Fed regional bank directors saw improvement in economy

    Directors at the Federal Reserve's regional banks saw a pickup in the pace of economic growth last month as housing, motor vehicle sales and consumer spending gained strength.
    Directors at the Federal Reserve's regional banks saw a pickup in the pace of economic growth last month as housing, motor vehicle sales and consumer spending gained strength. "Directors noted further improvement in economic activity, and they...

    Tags: Federal Reserve, Banking, Financial Markets, Finance, Board of Directors

    11. May 21, 2012 |Story| Los Angeles Times

  11. 7.5% unemployment by end of 2013: economists

    By the end of next year, the unemployment rate will be at 7.5%. Consumer spending will be up, as will housing starts. But first, the economic recovery needs to slog its way through the remainder of 2012, economists said.
    By the end of next year, the unemployment rate will be at 7.5%. Consumer spending will be up, as will housing starts. But first, the economic recovery needs to slog its way through the remainder of 2012, economists said. Monthly non-farm job growth...

    Tags: Unemployment, Vehicles, Employment Opportunities, Services and Shopping, Career and Workplace

    12. May 11, 2012 |Story| AP Member Choice Complete

  12. Cheaper gas drives U.S. wholesale price index lower

    A big decline in gas and energy costs drove a measure of U.S. wholesale prices lower in April. But outside that drop, inflation was tame. The Labor Department said Friday that the producer price index, which measures price changes before they reach...

    Tags: Federal Reserve, Consumers, Finance, Economy, Business and Finance, Labor Markets

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Economic Indicator Photos
Consumer spending grew, but more slowly, in March. Dura...
(April 30, 2012)
Personal incomes grow while consumer spending slows
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