ISM Contracts For 3 Straight Months As Investors Await ECB and August 2012 Unemployment Rate:
The Institute for Supply Management index reading today was more proof the economy is in slow recovery mode. The ISM dropped to 49.6% in August from 49.8% in July. This is the worst reading since July 2009 and the trend continues to deviate from w [...]
Posts tagged unemployment 2012
ISM Contracts For 3 Straight Months A...
ISM Contracts For 3 Straight Months As Investors Await ECB and August 2012 Unemployment Rate:
The Institute for Supply Management index reading today was more proof the economy is in slow recovery mode. The ISM dropped to 49.6% in August from 49.8% in July. This is the worst reading since July 2009 and the trend continues to deviate from w [...]
Jobless Claims Data Suggests May 2012...
Jobless Claims Data Suggests May 2012 Monthly Unemployment Report Could Be On Par With April:
Initial jobless claims data fell marginally according to the government today and the slight decrease has investors worried that job trends are getting worse. Initial claims for unemployment benefits fell 1,000 to a seasonally adjusted 367,000 whil [...]
ADP April 2012 Jobs Report Shows Tren...
ADP April 2012 Jobs Report Shows Trend Decline, March New Factory Orders Fall:
U.S. Jobs Growth Gets Worse
ADP said the U.S. added less jobs in the month of April. ADP’s private survey of U.S. businesses showed a sharply reduced hiring rate last month even with warmer than usual weather. ADP said today that businesses increased hiring [...]
ISM Helps U.S. Stocks Rally Before Ap...
ISM Helps U.S. Stocks Rally Before April 2012 Employment Report:
The stock market reached new highs today as the Dow jumped to a levels not seen in 4 years. The Institute for Supply Management factory index shows manufacturing grew in April 2012 with a reading of 54.8 from March’s reading of 53.4. Any reading above 50 suggests econom [...]
