Topic: Joshua Shapiro
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The New Economy Housing starts fall in June, but there's a silver lining
Housing starts fell sharply in June, with US builders starting work on fewer single- and multi-family homes. But there was some good news for the housing recovery: Permit applications for single-family homes hit a five-year high.
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The New Economy Retail sales disappoint in June. Is the payroll tax pinch finally here?
Retail sales increased for the third straight month in June, but fell well short of expectations. The retail sales report might hint that consumers are feeling the delayed effects of January's payroll tax hike, according to some analysts.
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The New Economy Jobs report stronger than expected in June. What happens next?
The economy added 195,000 jobs in June, a strong showing that beat analysts' expectations. Steady job growth is good news, but it means that higher interest rates and an easing of Federal Reserve bond buying could come sooner rather than later, putting investors on edge.
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The New Economy US jobs numbers: modest gains, a pickup in temp work
Half of the growth of professional and business services jobs came from temporary workers, according to the Labor Department. On balance, the pickup in temp work bodes well for future hiring.
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The New Economy GDP up 2.5 percent: Smaller-than-expected bounce for US economy
GDP flashed 2.5 percent growth in the first quarter: much better than the fourth quarter but below expectations. Economists expect another slowdown in GDP growth for the summer.
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Home sales: Is a 'seller's market' pending? (+video)
Pending home sales and existing home sales are rising, which is shrinking the inventories of available homes. Some experts are now saying the unthinkable: A seller's market is pending.
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Jobless claims hit 367K last week
Jobless claims in the US increased last week by 4,000, to a seasonally adjusted 367,000. Economists say the rise in jobless claims is no indication that the labor market is crumbling.
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The New Economy US jobs report eases global gloom
The better-than-expected US jobs report suggests the US is not following Europe into recession. But some analysts worry that head winds will keep growth anemic.
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The New Economy Unemployment rate hits three-year low. Hooray? No, boo!
The unemployment rate for April was 8.1 percent, the lowest rate since President Obama took office. But the unemployment rate is falling for all the wrong reasons.
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Unemployment drops sharply, Labor Department says
Weekly unemployment benefit applications dropped by 27,000 last week, a positive sign for employment broadly.
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Wall Street blowout: the start of a 'Santa Claus' rally?
Stocks soar on surprise move by six central banks and better news on US economy. Wall Street is looking for a year-end rally, although rally skeptics abound.
11/30/2011 05:31 pm -
Home sales contracts highest in a year
Home sales pending index reaches 99.3 in October, a 10.4 percent increase from September. But a recovery in home sales doesn't look imminent.
11/30/2011 01:21 pm -
Dow falls 253 points in the wake of alarming jobs report
The economy added zero jobs in August, and the stock market tumbled in response
09/02/2011 06:28 pm -
US GDP growth revised down to 1.6 percent as economy cools
US GDP grew at a 1.6 percent pace in the second quarter, less than the original 2.4 percent estimate. Surging imports and the end of homebuyer tax credits contributed to the change.
08/27/2010 12:30 pm -
The New Economy Unemployment claims surge, as jobs outlook sours
Unemployment claims moved above this year's average, mirroring a gloomier job outlook from Ben Bernanke.
07/22/2010 11:18 am -
Unemployment claims: little improvement in jobs picture
Unemployment claims, although down 19,000 from a week ago, have been in a holding pattern for seven months. That suggests very sluggish improvement in jobs.
06/24/2010 12:30 pm -
The New Economy New home sales plunge to record low
New home sales fall to an annual rate of 300,000, the lowest level since at least 1963.
06/23/2010 04:10 pm -
Home sales report for May could signal economic downturn
Home sales report for last month showed a drop in sales of previously occupied homes, despite government tax credits.
06/22/2010 04:26 pm -
The New Economy Employment report: US losing jobs. No wait, it's gaining!
The ADP employment report shows the US lost jobs in March. But the government's expected to report a job gain. Confused? Read on.
03/31/2010 01:49 pm -
The New Economy Consumer sentiment: Will Americans spend or save?
Retail sales and consumer sentiment reports paint very different pictures of where the American consumer is headed.
03/12/2010 12:00 pm -
Unemployment benefit claims rise, but barely
Only 434,000 Americans filed for unemployment benefits, the second week in a row that claims have fallen to levels unseen since August 2008.
01/07/2010 09:36 am -
Jobless claims rise unexpectedly
Although weekly jobless claims are up, longer-term data suggests the unemployment situation is slowly improving.
12/17/2009 10:23 am -
The New Economy After dismal jobs report, unemployment rate could hit postwar high
Jobs report reveals a 10.2 percent unemployment rate. Four reasons not to panic.
11/06/2009 12:00 am -
The New Economy Consumer credit falls a record 11 months in a row
Consumer credit fell in August, mostly because of a $10 billion cutback on credit-card spending.
10/07/2009 01:00 am -
The New Economy US retail sales soar nearly 3 percent
09/15/2009 01:00 am
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