Various
economic indicators for the
U.S. economy.
2003
The unemployment rate rose to 6% in April as employers cut 48,000 jobs, smaller than the consensus estimate of 75,000. This followed a revised decline of 124,000 jobs in March.
2002
See Stock market downturn of 2002
Index of Leading Economic Indicators[?]: The Conference Board reported the index fell 0.2 percent in August to 111.8. This followed a revised 0.1 percent drop in July. The consensus estimate for August was a decline of 0.1 percent.
The Commerce Department reported that new residential construction (housing starts) fell 2.7 percent to a seasonally adjusted annual rate of 1.649 million units in July. That followed a revised 2.7 percent drop in starts in June to a 1.695 million annual pace. July's rate was the slowest since April.
Housing permits fell 0.5 percent to a 1.698 million unit annual clip.
University of Michigan Index of Consumer Sentiment[?]: The August mid-month index fell to 87.9 from 88.1 in July.
University of Michigan Index of Consumer Expectations[?]: The August mid-month index fell to 80.0 from 81.0 in July.
Consumer Price Index: The seasonally adjusted CPI for July rose 0.1 percent, marking lower inflation than the consensus estimate of 0.2 percent.
The
Institute for Supply Management released its
Non-Manufacturing Business Activity Index for July: 53.1, down from 57.2 in June, the second monthly decline in a row and the lowest since January.
6,000 new seasonally-adjusted (non-agricultural) jobs were created in June, whereas 60,000 to 70,000 new jobs were forecasted
Manufacturing sector slowed
The Walt Disney Company announced fiscal third quarter earnings fell 7.1%, and bookings at its theme parks for the fourth quarter were down 10%
Overall economy grew at a 1.1% annual rate in the second quarter
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