Free Markets, Free People

Economic Statistics for 30 Sep 11

Today’s economic statistical releases:

Personal income unexpectedly declined by -0.1% in August, while personal spending rose by 0.2%. The report also indicates that overall prices are 2.9% higher than the same period last year.

The Reuter’s/University of Michigan’s consumer sentiment index rose to 59.4 from 57.8. Consumer assessment of both current and future conditions improved.

The ISM Chicago Index rose to 60.4 on a sharp increase in new orders at firms in the Chicago area. A reading above 50 generally indicates an expansion. This report is always reviewed for indications of what the national ISM report will be. The national ISM Index will be released on Monday.

Dale Franks
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One Response to Economic Statistics for 30 Sep 11

  • In what appears to be an attempt to overwhelm their critics, postal union members have sent more than 100 pounds of mail to a tea party group advocating for United States Postal Service reform.

    “I find the idea of the unions attacking a tea party group for simply supporting a bill that would make our whole country more efficient and that would lower the cost of the taxpayers’ yearly contributions to an inefficient agency, is just outrageous”

    Isn’t this an admission that the USPS is part of the problem ?