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Economic Statistics for 7 Jun 12

Published June 7, 2012 | By Dale Franks

The following statistics were released today on the state of the US economy:

Initial Claims for unemployment fell 12,000 from last week’s revised 383,000 to a better-than-expected 377,000. Despite this, the 4-week moving average rose 1,750 to 377,750, the same as one month ago. Continuing claims also rose 34,000 to 3.293 million.

The Bloomberg Consumer Comfort Index rose for the thirds straight week to -37.6, on improved personal finances and buying climate.

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Dale Franks
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Posted in Dale Franks, Economy | Tagged Economic statistics

2 Responses to Economic Statistics for 7 Jun 12

Pingback: Economic Statistics for 7 Jun 12 | Liberal Whoppers
Neo says:

June 7, 2012 at 13:58

OMG

The Bureau of Labor Statistics states a green job is either:
a business that produces goods or provide services that benefit the environment or conserve natural resources, or a job in which a worker’s duties involve making their establishment’s production processes more environmentally friendly or use fewer natural resources

This means an oil field worker who works faster is probably doing a “green job”