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Housing Starts increase in May to 914,000 SAAR

From the Census Bureau: Permits, Starts and Completions Housing Starts: Privately-owned housing starts in May were at a seasonally adjusted annual rate of 914,000. This is 6.8 percent above the revised April estimate of 856,000 and is...Show More Summary

Retail Sales increased 0.6% in May

On a monthly basis, retail sales increased 0.6% from April to May (seasonally adjusted), and sales were up 4.3% from May 2012. From the Census Bureau report: The U.S. Census Bureau announced today that advance estimates of U.S. retail...Show More Summary

At 175,000, slightly more jobs were added in May than expected. Jobless rate up at 7.6%. U6 at 13.8%

The U.S. economy grew by an estimated seasonally adjusted 175,000 jobs in May, the Bureau of Labor Statistics announced Friday and the official unemployment rate rose to 7.6 percent. The federal government shed 14,000 jobs, while government at other levels added 10,000. Show More Summary

Less People Working Now Than A Year Ago; Gallup Warns Recent Job Gains Not Sustained In May

As the world waits breathless for some Goldilocks print in tomorrow's non-farm payroll data, Gallup's most recent survey of employment trends does not paint a pretty picture for the real economy. Though, by the 'adjustment bureau' and...Show More Summary

Wage-earning Americans are losing ground in race to the bottom and the slippage is not over yet

Wages as portion of gross domestic product. Come Friday, another monthly job report from the Bureau Labor Statistics will be released. If the professional forecasters get it right, which they rarely do, we'll see a seasonally adjusted increase in jobs for May similar to what it was in April, around 165,000. Show More Summary

Construction Spending increased in April

The Census Bureau reported that overall construction spending increased in April: The U.S. Census Bureau of the Department of Commerce announced today that construction spending during April 2013 was estimated at a seasonally adjusted annual rate of $860.8 billion, 0.4 percent above the revised March estimate of $857.7 billion. Show More Summary

New Construction Spending Improves Slightly in April

The U.S. Census Bureau reported this morning that construction spending in April rose by 0.4% to an estimated seasonally adjusted annual rate of $860.8 billion, from an upwardly revised estimate of $857.7 billion in March. Compared with April 2012, spending is up 4.3%. Show More Summary

New Home Sales at 454,000 SAAR in April

The Census Bureau reports New Home Sales in April were at a seasonally adjusted annual rate (SAAR) of 454 thousand. This was up from 444 thousand SAAR in March (March sales were revised up from 417 thousand). January sales were revised up from 445 thousand to 458 thousand, and February sales were revised up from 411 thousand to 429 thousand. Show More Summary

New Home Sales Rise 2.3% in April

The U.S. Census Bureau this morning released data on new single-family home sales for April. Sales rose 2.3% month-over-month, to a seasonally adjusted annual rate of 454,000, from an upwardly revised March sales figure of 444,000. Economists had been expecting a seasonally adjusted annual rate of 425,000. Show More Summary

New Housing Construction, Building Permits Point in Opposite Directions in April

The U.S. Census Bureau and the Department of Housing and Urban Development reported this morning that new housing starts in April fell to an annual seasonally adjusted rate of 853,000, a decrease of 16.5% from the downwardly revised March rate of 1.02 million and a gain of 13.1% above the April 2012 rate of 754,000. Show More Summary

Housing Starts decline sharply in April to 853,000 SAAR

From the Census Bureau: Permits, Starts and Completions Housing Starts: Privately-owned housing starts in April were at a seasonally adjusted annual rate of 853,000. This is 16.5 percent below the revised March estimate of 1,021,000,...Show More Summary

3 Count: No Salt Marsh

Aereo asks the court to dismiss its lawsuit, Prenda can't find 'Salt Marsh' signature and Philip K. Dick estate settles suit over 'Adjustment Bureau'

Philip K. Dick Estate Settles 'Adjustment Bureau' Rights Fight

Media Rights Capital, which produced the Matt Damon film, was fighting over whether the sci-fi story was in the public domain. read more

MRC, Philip K. Dick Estate Settle Spat Over ‘The Adjustment Bureau’ Rights

EXCLUSIVE: That legal dispute between Media Rights Capital and the Philip K. Dick Estate has been settled over The Adjustment Bureau, the Matt Damon-starrer that George Nolfi wrote and directed. The film was based on the seminal sci-fi...Show More Summary

Retail Sales increase 0.1% in April

On a monthly basis, retail sales increased 0.1% from March to April (seasonally adjusted), and sales were up 3.7% from April 2012. From the Census Bureau report: The U.S. Census Bureau announced today that advance estimates of U.S. retail...Show More Summary

John Krasinski & Emily Blunt: MET Gala Lovers

Treating themselves to an exciting date night, John Krasinski and Emily Blunt showed up at the 2013 Costume Institute Gala on Monday (May 6). The “Leatherheads” stud and his “Adjustment Bureau” babe both looked stunning, with Emily donning...Show More Summary

Gain in payroll jobs higher than expected. Unemployment rate falls to 7.5%. Revisions soar.

2 months agoUS Politics / Liberal : Daily Kos

The Bureau of Labor Statistics reported that, seasonally adjusted, the economy added 165,000 jobs for the month. That made April the 31st consecutive month for which the government has reported that job gains have exceeded losses. The report exceeded expectations and had some added good news with its revisions for March. Show More Summary

Residential Construction Spending increased in March, Non-Residential and Public Spending Decreased

The Census Bureau reported that overall construction spending decreased in March: The U.S. Census Bureau of the Department of Commerce announced today that construction spending during March 2013 was estimated at a seasonally adjusted annual rate of $856.7 billion, 1.7 percent below the revised February estimate of $871.2 billion. Show More Summary

March Construction Spending Cools Off

The U.S. Census Bureau reported this morning that construction spending in March dropped 1.7% to an estimated seasonally adjusted annual rate of $856.7 billion from a downwardly revised estimate of $871.2 billion in February. Compared with March 2012, spending is up 4.8%. Show More Summary

Homeownership Plummets and No One Notices

Okay, neither part of that one is exactly right. According to the Census Bureau the unadjusted rate of homeownership in the first quarter of 2013 dropped by 0.4 percentage points to 65.0 percent. The seasonally adjusted rate edged down by 0.1 percentage point to 65.2 percent. Show More Summary

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