Dees Stribling
Economy Watch: Retail Sales, Household Net Worth, Unemployment Claims
Retail and food services sales for November increased by 0.7 percent month over month. The net worth of U.S. households and nonprofits dipped slightly during the third quarter of 2014. For the week ending Dec. 6, initial unemployment claims decreased by 3,000 week over week.
Economy Watch: Service Industries, Home Price Increases
Service industries are generally enjoying healthy revenue growth. Home prices dropped by 0.1 percent month over month.
Economy Watch: Job Openings, Residential Asking Prices
There were 4.8 million U.S. job openings on the last business day of October. Nationwide, asking prices for homes jumped 1.5 percent month over month in November.
Economy Watch: November Job Gains, Long-Term Unemployment
The November jobs report showed increases in hiring across various sectors of the economy. But marginal attachment to the labor force and long-term unemployment are proving to be hard nuts to crack.
Economy Watch: Job Growth, Delinquent Mortgages
The U.S. economy created jobs in November well above the average monthly gain for the past 12 months. Fewer U.S. mortgages were delinquent in October month over month.
Economy Watch: Beige Book on Economy, Non-Manufacturing Sector, Private-Sector Jobs
National economic activity continued to expand in October and November, according to the latest Beige Book. Economic activity in the U.S. non-manufacturing sector grew in November for the 58th consecutive month. And the U.S. economy added a net of another 208,000 private-sector jobs in November.
Economy Watch: Construction Spending, Home-Price Increases
U.S. construction spending during October was 1.1 percent higher than in September. According to CoreLogic, home-price increases are slowing down.
Economy Watch: Manufacturing, Oil Prices
The U.S. manufacturing sector expanded in November for the 18th consecutive month. Worldwide oil prices dropped sharply on Friday.
Economy Watch: World Bank Reports on Climate Change; Chicago Fed Releases October Numbers
The World Bank warns of severe economic disruption; the Chicago Fed’s index edges downward.
Economy Watch: State Unemployment Rates, Mortgage Delinquencies, Road Travel
Thirty-four states and the District of Columbia had unemployment rate decreases in October compared with September. Mortgage delinquencies are are at their lowest level since November 2007. Travel on all roads and streets nationwide was up 2.3 percent in September year over year.
