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Keyword: index

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  • In Economic Freedom, Now We’re No. 12! : America slips for the seventh straight year

    01/14/2014 5:33:41 AM PST · by SeekAndFind · 19 replies
    National Review ^ | 01/14/2014 | Deroy Murdock
    The United States is on a steady skid downward. The latest milestone in America’s decline is especially demoralizing: The U.S. has slouched from among the world’s Top 10 freest economies. In fact, we’re No. 12 — down two spots from No. 10 last year. This bad news emerges from the 2014 Index of Economic Freedom, released this morning by the Heritage Foundation and the Wall Street Journal. “Now considered only a ‘mostly free’ economy, the U.S. has earned the dubious distinction of having recorded one of the longest sustained declines in economic freedom, second only to Argentina, of any...
  • America's 'Youth Misery Index' hits all time high

    01/10/2014 7:52:55 AM PST · by SeekAndFind · 14 replies
    American Thinker ^ | 01/10/2014 | Rick Moran
    Somewhat lost in news about how bad the economy has been is the plight of America's young people. They are threatened with becoming a "lost generation" whose promise was cut short by policies of the Obama administration. The Young America's Foundation has been publishing its "Youth Misery Index" since 1993. It is calculated by adding youth unemployment and average college loan debt figures with each person's share of the national debt.  Under President Obama, the index has skyrocketed. A Youth Misery Index that measures young Americans' woes has skyrocketed under President Barack Obama and hit an all-time high.The index,...
  • West: Obama Gun Grab ‘Won’t Fly’

    01/13/2013 6:03:06 AM PST · by sheikdetailfeather · 6 replies
    Newsmax ^ | Friday, 11 January 2013 | By Bill Hoffmann and Kathleen Walter
    Allen West did an interview with NewsMax today where they discussed everything from gun control to the debt ceiling to Afghanistan. Kinda the shotgun approach to get his opinion on as much as possible in 15 minutes – and it’s a great interview. But as far as gun control, West believes that it just won’t fly with the American people and he doesn’t believe that Obama has the populous mandate that he things he has. West says we’re not talking about the real issues anyway, we’re just talking about a political agenda:
  • Obama's Misery Index

    09/21/2012 3:50:07 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | September 21, 2012 | John Ransom
    To give you an idea how bad the jobs report released on Friday is, consider this fact: The employment situation in the country is so bad that economists can’t accurately measure it with the existing tools they use to measure jobs. In other words, we have entered a period in our country not contemplated by economists. They simply don’t have the tools to measure what’s actually occurring in the jobs market. Modern economists never imagined a scenario in which a country with as much wealth, power and innovation as United States could stretch out a jobs recession as long as...
  • Bloomberg Has A New Billionaire Rankings List That Should Kill Every Other Billionaire Rankings List

    03/05/2012 7:25:18 AM PST · by SeekAndFind · 5 replies
    Business Insider ^ | 03/05/2012 | Lisa Du
    Well, this should give Forbes—known for their annual "rich lists"—a run for their money. Last night, Bloomberg released the "Bloomberg Billionaires Index," the first daily global ranking of the richest people in the world as part of their coverage of wealth. The index is available here, and its most noticeable characteristic is that it is built to change daily depending on stock fluctuations and economic/company news. From the methodology— The index is a dynamic measure of the world’s wealthy based on changes in markets, the economy and Bloomberg reporting. Each net-worth figure is updated every business day at 5:30 p.m....
  • The LEAST Miserable Cities In America

    12/16/2011 8:08:00 AM PST · by SeekAndFind · 19 replies
    Business Insider ^ | 12/16/2011 | Linette Lopez and Gus Lubin
    We wish that we could call this list, "The Happiest Cities In America." But right now every city in America is suffering. The least miserable cities might surprise you, including Pittsburgh and Buffalo. These cities experienced less of a boom during the bubble, so they're finding it easier to recover. Conversely the most miserable cities are mostly housing bubble capitals. Our list is based on an index from Brookings including unemployment rate and change in employment, home prices and gross metro product since before the recession. ________________________________________________________________________________________________________________________ #20 McAllen, Texas Unemployment rate of 12.2% Employment up 2.0% from peak Gross...
  • Service sector expands at slower pace in Oct. (ISM)

    11/03/2011 7:58:11 AM PDT · by Free Vulcan · 2 replies
    Marketwatch ^ | 11.3.11 | Greg Robb
    The ISM non-manufacturing index inched lower to 52.9% from 53.0% in September. The decrease was unexpected. Economists were looking the index to increase to 53.5%.
  • ISM: U.S. manufacturing growth slows in October

    11/01/2011 7:52:35 AM PDT · by Free Vulcan
    Marketwatch ^ | 11.1.11 | Jeffr
    The Institute for Supply Management said its manufacturing gauge dropped to 50.8% last month – just slightly above a 2011 low - from 51.6% in September. Economists surveyed by MarketWatch had expected the closely followed index to rise to 52.1%. Reading over 50% indicate more manufacturers are expanding instead of shrinking.
  • Dallas Fed business index improves in October

    10/31/2011 7:50:14 AM PDT · by Free Vulcan
    Marketwatch ^ | 10.31.11 | Jeffry Bartash
    ...The bank's index jumped to 2.3% in October from -14.4% in September...
  • Chicago PMI shows slowing expansion in October

    10/31/2011 7:30:03 AM PDT · by Free Vulcan · 3 replies
    Marketwatch ^ | 10.31.11 | Steve Goldstein
    ...the Chicago PMI, edged back to a 58.4% reading in October from 60.4% in September. The reading was exactly in line with a MarketWatch-compiled economist poll...
  • Chicago Fed index on U.S. economy improves

    10/24/2011 7:02:14 AM PDT · by Free Vulcan · 3 replies
    Marketwatch ^ | 10.24.11 | Jeffry Bartash
    The Federal Reserve Bank of Chicago's national activity index, which gauges the health of the U.S. economy, improved to -0.22 in September from -0.59 in August...A three-month average of the index, meanwhile, rose to -0.21 from negative -0.28
  • Philly Fed index recovers in October

    10/20/2011 7:41:58 AM PDT · by Free Vulcan · 3 replies
    Marketwatch ^ | 10.20.11 | Greg Robb
    Manufacturing in the Philadelphia region showed signs of recovery in October, the Federal Reserve Bank of Philadelphia reported Thursday. The Philly Fed diffusion index rose to 8.7 in October from negative 17.5 in September. This is the first positive reading in three months. Readings above zero indicate expansion. The jump was much stronger than expected. Economists polled by MarketWatch had anticipated a negative 10.0 reading for October.
  • Oct. Empire State index little changed at -8.5

    10/18/2011 6:40:06 AM PDT · by Free Vulcan · 1 replies
    Marketwatch ^ | 10.17.11 | Greg Robb
    ...The Empire state index inched higher to a negative 8.5 in October from negative 8.8 in September. Readings below zero indicate deterioration, with higher numbers of firms reporting that conditions had worsened...
  • October consumer sentiment declines ( Unexpected )

    10/14/2011 8:07:45 AM PDT · by george76 · 1+ views
    Market Watch ^ | Oct 14, 2011 | Ruth Mantell,
    A gauge of consumer sentiment declined in October, as expectations and views on current conditions fell... The preliminary sentiment reading for October hit 57.5, compared with 59.4 in September. Economists polled by MarketWatch had expected a slight rise, to 59.7, with volatility in the stock market offsetting lower gas prices. ... The sentiment reading, which covers how consumers view their personal finances as well as business and buying conditions, averaged about 87 in the year before the start of the most recent recession.
  • Manufacturing activity edges up in September

    10/03/2011 8:08:27 AM PDT · by Free Vulcan
    Marketwatch ^ | 10.3.11 | Steve Goldstein
    Manufacturing activity picked up a bit in September, according to a key survey released Monday that suggests a slow-growing economy that has nonetheless avoided falling into recession. The Institute for Supply Management’s manufacturing index rose to 51.6% from 50.6% in August. Economists polled by MarketWatch had anticipated an unchanged reading.
  • Consumer sentiment rises in September

    09/30/2011 8:10:52 AM PDT · by Free Vulcan · 5 replies
    Marketwatch ^ | 9.30.11 | Ruth Mantell
    The final reading for September showed that sentiment rose to 59.4 from 55.7 in August, which was the lowest level since November 2008. A preliminary reading released earlier this month estimated a sentiment level of 57.8 for September. With stock volatility and weak employment maintaining downward pressure on sentiment, economists polled by MarketWatch had expected a slight rise to 57.6 in September.
  • Chicago PMI moves up to 60.4 in Sept.

    09/30/2011 8:07:59 AM PDT · by Free Vulcan · 1 replies
    Marketwatch ^ | 9.30.11 | Greg Robb
    ...The Chicago purchasing managers index rose to 60.4 from 56.5 in August. The rise was unexpected. Analysts were looking for a slight decline. Readings over 50 indicate overall business expansion...
  • KC Fed factory gauge improves slightly in Sept.

    09/29/2011 8:23:20 AM PDT · by Free Vulcan · 1 replies
    Marketwatch ^ | 9.29.11 | Greg Robb
    ...The Kansas City Fed's manufacturing composite index increased to 6 in September from 3 in August. Readings above zero indicate expansion... The rest of the story from the KC Fed: The production index rose from -2 to 3, and the shipments, new orders, and order backlog indexes also edged up. The employment index increased for the second straight month, but the new orders for exports index fell slightly after rising last month. Both inventory indexes increased somewhat. The shipments, order backlog, and new orders for exports indexes all rose slightly, and the capital expenditures index increased to its highest level...
  • U.S. durable-goods orders dip in August

    09/28/2011 6:45:43 AM PDT · by Free Vulcan · 1 replies
    Marketwatch ^ | 9.28.11 | Jeffry Bartash
    WASHINGTON (MarketWatch) — Orders for U.S. durable goods fell slightly in August as demand shrank for motor vehicles and certain large defense goods, the government reported Wednesday. Bookings for U.S.-made products designed to last at least three years dipped 0.1% in August after a 4.1% gain in July, the Commerce Department said. Economists surveyed by MarketWatch had expected orders to rise by 0.4%.
  • Richmond Fed: Manufacturing Activity Contracted at a Slightly Slower Pace in September

    09/28/2011 6:41:38 AM PDT · by Free Vulcan · 1 replies
    Richmond Fed ^ | 9.27.11 | Richmond Fed
    Manufacturing activity in the central Atlantic region contracted at a less pronounced rate this month, according to the Richmond Fed's latest survey. Looking at the main components of activity, employment grew at a slightly quicker rate, while shipments exhibited more moderate weakness and new orders slipped further into negative territory. Evidence of diminished weakness was also reflected in most other indicators. District contacts reported that backlogs, capacity utilization, and delivery times remained negative but improved from August's readings. Manufacturers reported somewhat quicker growth in finished goods inventories. Looking forward, manufacturers' assessments of business prospects for the next six months were...
  • Consumer confidence ticks higher

    09/28/2011 6:37:08 AM PDT · by Free Vulcan · 4 replies
    Marketwatch ^ | 9.27.11 | Ruth Mantell
    As expectations slightly gained, consumer confidence ticked higher in September while remaining at low levels, the Conference Board reported Tuesday. The nonprofit organization said its consumer-confidence index rose to 45.4 in September from 45.2 in August, when it had plunged on worries about jobs and the U.S. debt, among other factors... Economists surveyed by MarketWatch had expected a September reading of 46.1...The August confidence reading was upwardly revised from a prior estimate of 44.5.
  • Dallas Fed manufacturing gauge drops in September

    09/26/2011 8:01:12 AM PDT · by Free Vulcan
    Marketwatch ^ | 9.26.11 | Steve Goldstein
    <p>The production index—a key measure of state manufacturing conditions—rose from 1.1 to 5.9, suggesting growth picked up this month after stalling in August.</p> <p>Positive readings in the survey generally indicate expansion of factory activity, while readings below zero generally indicate contraction.</p>
  • Philly Fed index negative for third time in four (-17.5)

    09/15/2011 7:34:58 AM PDT · by Free Vulcan
    Marketwatch ^ | 9.15.11 | Steve Goldstein
    ...The Philadelphia Fed said its index of current activity was -17.5 in September, an improvement from the -30.7 reading in August. Economists polled by MarketWatch had anticipated a -13.4 reading for September, though the miss wasn’t as stark as the August reading that shocked the market and economists alike...
  • U.S. consumer prices jump 0.4% in August: ‘Core’ rate highest since late 2008

    09/15/2011 6:03:30 AM PDT · by Free Vulcan · 7 replies · 1+ views
    Marketwatch ^ | 9.15.11 | Jeffry Bartash
    ...The Labor Department on Thursday said consumer prices rose a seasonally adjusted 0.4% in August. The increase was largely responsible for a 0.6% drop in the average hourly wages of U.S. workers, adjusted for inflation. It marked the biggest one-month decline in more than three years. Stripping out the volatile food and energy categories, the “core” rate of consumer price inflation rose a smaller 0.2%. Yet the core rate has also been rising steadily, hitting a 12-month level of 2.0% for the first time since November 2008.
  • NY manufacturing activity dips again: Fourth straight negative monthly reading (-8.8)

    09/15/2011 5:50:47 AM PDT · by Free Vulcan · 4 replies · 1+ views
    Marketwatch ^ | 9.15.11 | Greg Robb
    WASHINGTON (MarketWatch) — Manufacturing activity in the New York region weakened again in September, according to data released Thursday, raising fresh concern over the strength of the factory sector in the third quarter. The Empire State index decreased slightly to negative 8.8 in September from negative 7.7 in August, according to the manufacturing survey released by the New York Federal Reserve. This is the fourth month in negative territory. Economists surveyed by MarketWatch had expected the index to improve to negative 4.0.
  • Small-business index declines in August: NFIB

    09/13/2011 6:29:01 AM PDT · by Free Vulcan · 2 replies
    Marketwatch ^ | 9.13.11 | Steve Goldstein
    The National Federation of Independent Business' small-business optimism index declined 1.8 points in August to 88.1, the sixth drop in a row.
  • Daily Presidential Tracking Poll (-23, 42A 55D) No Bump

    09/10/2011 7:06:45 AM PDT · by Mikey_1962 · 35 replies
    Rasmussen ^ | 9-10-11 | Rasmussen
    The Rasmussen Reports daily Presidential Tracking Poll for Saturday shows that 20% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as president. Forty-three percent (43%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -23 (see trends). Data for this update is collected via nightly interviews and reported on a three-day rolling average basis. As a result, most of the interviews for this update were completed before the president’s speech on Thursday night. Check out our review of last week’s key polls to see “What They Told Us.” snip The Presidential...
  • Rasmussen Reports daily Presidential Tracking Poll (-22)

    09/08/2011 8:19:45 AM PDT · by GonzoGOP · 18 replies
    Rasmussen Reports ^ | 09/08/2011 | rasmussenreports.com
    Daily Presidential Tracking Poll The Rasmussen Reports daily Presidential Tracking Poll for Thursday shows that 20% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as president. Forty-two percent (42%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -22 (see trends).
  • U.S. service sector expands faster in August: ISM

    09/06/2011 8:04:12 AM PDT · by Free Vulcan · 5 replies
    Marketwatch ^ | 9.6.11 | Jeffry Bartash
    WASHINGTON (MarketWatch) — The U.S. service sector expanded at a slightly faster pace in August, but growth was spotty and prices paid for raw materials shot up, according to a survey of senior executives. The Institute for Supply Management on Tuesday said its service index rose to 53.3% in August from 52.7% in July. Economists surveyed by MarketWatch expected the index to fall to 51.0%.
  • ISM Aug. manufacturing gauge at 25-month low

    09/01/2011 7:29:45 AM PDT · by Free Vulcan · 5 replies
    Marketwatch ^ | 9.1.11 | Steve Goldstein
    The Institute for Supply Management said its manufacturing index slowed to 50.6% from 50.9% in July, marking the worst reading since July 2009. The index extended its string of readings above 50%, which indicate expansion, to 25 months. However, economists polled by MarketWatch had expected a reading on average of 48.8% — and the 50.6% result was higher than every economist polled.
  • Dallas Fed August (manufacturing) index negative for fourth month

    08/29/2011 8:16:35 AM PDT · by Free Vulcan · 3 replies
    Marketwatch ^ | 8.29.11 | Steve Goldstein
    The Dallas Fed's manufacturing general business index remained negative for the fourth month in a row and fell from -2 in July to -11.4 to August. Short article, more from the Dallas Fed release: The general business activity index remained negative for the fourth month in a row and fell from –2 to –11.4. The change in the index was largely due to a notable increase in the share of firms noting worsened activity. The company outlook index stayed positive but edged down from 11 in July to 7.2 in August. Still, the great majority of respondents said their outlooks...
  • Rasmussen Daily Tracking Poll (the Bam at -26)

    08/23/2011 6:40:06 AM PDT · by C210N · 209 replies
    Rasmussen Reports ^ | 8/23/2011 | Rasmussen
    The Rasmussen Reports daily Presidential Tracking Poll for Tuesday shows that 19% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as president. Forty-four percent (45%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -26
  • Rasmussen Daily Presidential Approval Index (-24) Monday, August 22, 2011

    08/22/2011 11:13:53 AM PDT · by Nasher · 26 replies
    Rasmussen Reports ^ | Monday, August 22, 2011 | Scott Rasmussen
    The Rasmussen Reports daily Presidential Tracking Poll for Monday shows that 20% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as president. Forty-four percent (44%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -24 (see trends). That matches the lowest Approval Index rating yet recorded for President Obama, a level previously reached just once last September.
  • Philly Fed’s factory index in August freefall (butt ugly manufacturing report)

    08/18/2011 7:54:58 AM PDT · by Free Vulcan · 10 replies
    Marketwatch ^ | 8.18.11 | Gregg Robb
    WASHINGTON (MarketWatch) — Factory activity in the Philadelphia region weakened sharply in August to the lowest level seen in more than two years, the Federal Reserve Bank of Philadelphia said Thursday, adding to fears that the economy has ground to a halt. The Philly Fed’s business outlook survey fell to negative 30.7 in August from 3.2 in July. This is the lowest reading since March 2009. Readings below zero indicate contraction in the region’s factories. The size of the decline in the index stunned analysts — economists had expected a reading of 0.5 in August...
  • U.S. consumer inflation rebounds in July; Index rises 0.5%; core rate up 0.2%

    08/18/2011 6:18:20 AM PDT · by Free Vulcan · 5 replies
    Marketwatch ^ | 8.18.11 | Greg Robb
    WASHINGTON (MarketWatch) — The cost of living for Americans rebounded in July after a rare decline in June, data showed Thursday. The consumer price index, tracking the rate of inflation at the retail level, increased 0.5% in July, the biggest gain since March, the Labor Department said. The growth was above the consensus forecast of economists polled by MarketWatch who had been looking a 0.4% increase.
  • Rasmussen Daily Presidential Approval Index (-23) 16 AUG 2011

    08/16/2011 6:46:57 AM PDT · by BulletBobCo · 123 replies
    Rasmussen Reports ^ | August 16,2011
    The Rasmussen Reports daily Presidential Tracking Poll for Tuesday shows that 19% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as president. Forty-two percent (42%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -23
  • Rasmussen: Obama Approval Index History (President Twinkles Holding Steady at -22%)

    08/15/2011 11:22:58 AM PDT · by Bill W was a conservative · 9 replies
    Rasmussen Presidential Tracking Poll: Stuck on Minus Twenty Two
  • Empire State index negative for 3rd month: Future expectations lowest since Feb '09

    08/15/2011 6:17:37 AM PDT · by Free Vulcan · 7 replies
    Marketwatch ^ | 8.15.11 | Greg Robb
    WASHINGTON (MarketWatch) — Manufacturing activity in the New York region remained below zero for the third straight month, raising concern that the downshift in manufacturing in the second quarter may last longer than expected. The Empire State index fell to negative 7.7 in August from negative 3.8 in July, according to the Empire State manufacturing survey released Monday by the New York Federal Reserve.
  • Rasmussen Daily Presidential Approval Index (-22) 14 AUG 2011 (Longest Sustained -22 Period)

    08/14/2011 10:00:34 AM PDT · by BulletBobCo · 58 replies
    Rasmussen ^ | August 14, 2011
    The Rasmussen Reports daily Presidential Tracking Poll for Sunday shows that 20% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as president. Forty-two percent (42%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -22
  • Canadian and Australian Dollar Down to Parity with US Dollar

    08/08/2011 8:31:09 PM PDT · by RushingWater · 19 replies
    kitco.com ^ | 08/08/2011 | Exchange Rates
    Strange. Canada and Australia both have AAA rating yet after the S&P downgrade for US to AA+, their currencies slip in value.
  • New “Freedom Index" Rates Congressmen Based on Constitution

    08/01/2011 11:21:12 AM PDT · by Quix · 14 replies
    NEW AMERICAN ^ | 28 JULY 2011 | Gary Benoit
    Written by Gary Benoit Thursday, 28 July 2011 00:00 The New American has published its first “Freedom Index” for the new (112th) Congress. The index, published four times each two-year congressional term, rates all members of the House and Senate based on their adherence to constitutional principles of limited government, fiscal responsibility, national sovereignty, and a traditional foreign policy of avoiding foreign entanglements. . . . Considering that every U.S. Representative and Senator takes an oath to uphold the U.S. Constitution, one might expect that the Congress as a whole would score high on a congressional scorecard based on the...
  • Manufacturing weakens in New York in July

    07/15/2011 7:30:55 AM PDT · by Free Vulcan · 6 replies
    Marketwatch ^ | 7.15.11 | Greg Robb
    WASHINGTON (MarketWatch) — Manufacturers in the New York region said business activity had weakened slightly in early July, according to a report released Friday by the New York Federal Reserve Bank. The Empire State index remained below zero for the second straight month, rising only to negative 3.8 in July from negative 7.8 in June. The index has fallen dramatically the past three months after hitting a 12-month high of 21.7 in April. Readings below zero indicate more firms said business was worsening than said it was improving.
  • ISM manufacturing survey makes surprise June rise

    07/01/2011 7:58:45 AM PDT · by Free Vulcan · 8 replies
    Marketwatch ^ | 7.1.11 | Greg Robb
    WASHINGTON (MarketWatch) — Activity at the nation’s manufacturing firms accelerated in June, according to a closely followed survey of top executives released Friday, data which eased fears about the health of the U.S. economy. The Institute for Supply Management manufacturing index rose to 55.3% in June higher than the 53.5% in May. Economists surveyed by MarketWatch had expected the index to drop to 52.3%. Read economic calendar with forecasts of key indicators. Any reading over 50% indicates expansion
  • June Philly Fed manufacturing gauge turns negative

    06/16/2011 8:36:55 AM PDT · by Free Vulcan · 3 replies
    Marketwatch ^ | 6.16.11 | Steve Goldstein
    WASHINGTON (MarketWatch) — Exacerbating worries about a slowing U.S. economy, an important regional gauge of manufacturing activity showed contraction in June, according to figures released Thursday. The Philadelphia Fed’s index of current activity fell to -7.7 in June from +3.9 in May — the first negative reading since September and the lowest reading in 31 months. Economists polled by MarketWatch had expected a +5.5 reading, and markets were fearful of a negative reading after a similar New York–area poll released Wednesday also fell into negative territory during June. See story about Empire State.
  • Chicago manufacturing gauge nosedives: Largest drop in two-and-a-half years

    05/31/2011 9:38:54 AM PDT · by Free Vulcan · 23 replies
    Marketwatch ^ | 5.31.11 | Steve Goldstein
    WASHINGTON (MarketWatch) — A Chicago-area manufacturing gauge dropped by the largest amount in nearly two-and-half years in May, in a further sign that the rise in oil prices and the Japanese earthquake have affected activity. The Chicago PMI fell to a reading of 56.6% in May, the lowest reading since Nov. 2009, from 67.6% in April. While that reading is still significantly above the 50-line indicating growth, the eleven-point drop is the biggest one-month deceleration since Oct. 2008 and was worst than the 60% reading that economists polled by MarketWatch anticipated.
  • Shadow Stat: Misery Index Highest on Record

    05/15/2011 6:47:20 PM PDT · by Nachum · 37 replies
    Rightwire ^ | 5/15/11
    John Williams, over at Shadow Stats, compiles economic data for inflation and unemployment the way it used to be calculated pre-1990. Based on that data, the CPI inflation rate is over 10%, and the unemployment rate is over 15% (see charts). The Misery Index is the sum of the current inflation rate and the unemployment rate. If it were to be calculated using the older methods, the Index would now be over 25, a record high. It surpasses the old index high of 21.98, which occurred in June 1980, when Jimmy Carter was president. Most believe the height of the...
  • Dollar index hits 3-year low after U.S. ISM services data

    05/04/2011 9:14:15 AM PDT · by Nachum · 7 replies
    yahoo ^ | 5/4/11 | Rueters
    NEW YORK, May 4 (Reuters) - The U.S. dollar fell to a fresh three-year low against major currencies on Wednesday after an industry report showed the pace of growth in the U.S. services sector unexpectedly eased in April. For details on data, see [ID:nN04125050] The U.S. dollar index, which measures the value of the greenback versus a basket of major currencies, fell as low as 72.696 . The dollar also hit a session low versus the euro and extended declines against the yen after the data.
  • Misconceptions about the CPI (FR Thread to Prove or Disprove CPI and Shadow Stats)(17page PDF file)

    04/15/2011 9:08:02 AM PDT · by Uncle Miltie · 39 replies
    Bureau of Labor Statistics ^ | 2008 | John S. Greenlees and Robert McClelland
    Addressing misconceptions about the Consumer Price Index A number of longstanding myths regarding the Consumer Price Index and its methods of construction continue to circulate; this article attempts to address some of the misconceptions, with an eye toward increasing public understanding of this key economic indicator. The Consumer Price Index (CPI), published by the Bureau of Labor Statistics (BLS), has generated controversy throughout its history. A soon-to-be-published article by Marshall Reinsdorf and Jack Triplett discusses the many past reviews of the methods and data used in the CPI’s construction.1 Beginning with an advisory committee appointed by the American Statistical Association...
  • Heritage Foundation's Index of Economic Freedom Top 10 for 2011

    01/14/2011 7:20:20 AM PST · by SeekAndFind · 18 replies
    Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. Index of Economic Freedom World Rankings World Rank Country Index Year Overall Score Change from Previous Business Freedom Trade Freedom Fiscal Freedom Government Size Monetary Freedom Investment Freedom Financial Freedom Property Rights Freedom From Corruption Labor Freedom 1 Hong Kong 2011 89.7 0 98.7 90 93.3 89.6 87.1 90...
  • Home prices falling faster in September

    11/30/2010 8:44:45 AM PST · by RobinMasters · 12 replies
    Hot Air ^ | NOVEMBER 30, 2010 | ED MORRISSEY
    The housing bubble continues to deflate despite the Obama administration’s efforts to delay the inevitable. Housing prices sank faster in September than in any time this year after seeing them rise briefly in the spring, thanks to short-term interventions by the federal government. As foreclosures start increasing, values will drop even further: Home prices are falling faster in the nation’s largest cities, and a record number of foreclosures are expected to push prices down further through next year. The Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday fell 0.7 percent in September from August. Eighteen of the cities recorded...