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March Retail Sales Indicate Confident, but Cautious Consumer, According to NRF

added: 18-04-2011

From clothing and electronics to home furnishings and building materials, retail sales in March increased across the board for the ninth straight month. According to the National Retail Federation, retail industry sales (which exclude automobiles, gas stations, and restaurants) for March increased 0.6 percent seasonally adjusted from February and 3.9 percent unadjusted year-over-year.

Japanese Crisis Triggers Some Anxieties Among Minorities of Americans

added: 16-04-2011

The accident at the Fukushima Daiichi nuclear power plant has sent modest ripples of anxiety through the United States. Thirteen percent of all adults are "very concerned" that dangerous levels of radiation will reach this country, and a further 35% are somewhat concerned. Fifteen percent of adults are very concerned that events in Japan will damage the U.S. economy.

U.S. Producer Price Index in March 2011

added: 16-04-2011

The Producer Price Index for finished goods rose 0.7 percent in March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. This advance followed a 1.6-percent increase in February and a 0.8-percent gain in January. At the earlier stages of processing, prices received by manufacturers of intermediate goods climbed 1.5 percent in March and the crude goods index declined 0.5 percent. On an unadjusted basis, prices for finished goods moved up 5.8 percent for the 12 months ended March 2011, the largest year-over-year gain since a 5.9-percent advance in March 2010.

Bankrate: Mortgage Rates Inch Lower

added: 15-04-2011

Mortgage rates were mostly lower, with the benchmark conforming 30-year fixed mortgage rate now 5.07 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.4 discount and origination points.

US Job Openings and Labor Turnover in February 2011

added: 15-04-2011

There were 3.1 million job openings on the last business day of February 2011, the U.S. Bureau of Labor Statistics reported. The job openings rate (2.3 percent) increased over the month. The hires rate (3.0 percent) and total separations rate (2.9 percent) were little changed over the month. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector by industry and by geographic region.

Manufacturers, Importers Project 10 - 15 Percent Rise In The Price of Retail Goods This Summer

added: 15-04-2011

According to a new survey of retail goods manufacturers and importers, consumer goods at retail are likely to rise by 10 – 15 percent later this spring and into the summer, particularly in the apparel and home furnishings segments.

U.S. Trade Deficit Shrinks in February 2011

added: 14-04-2011

The U.S. international trade deficit decreased to $45.8 billion in February 2011 from $47.0 billion in January (revised), according to data released by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. Although exports fell slightly in February, imports fell even more, accounting for the decrease in the trade deficit.

AICPA Survey: Four in Ten Working Americans Say They'll Never Afford Retirement

added: 14-04-2011

Almost 40 percent of working Americans say they will never afford retirement, which, for the second year in a row, ranks as the nation's most important financial concern, according to a telephone survey conducted for the American Institute of Certified Public Accountants by Harris Interactive.

U.S. Import and Export Price Indexes in March 2011

added: 13-04-2011

U.S. import prices rose 2.7 percent in March, the U.S. Bureau of Labor Statistics reported, following a 1.4 percent advance in February. The March increase was driven by both higher fuel and nonfuel prices. The price index for U.S. exports increased 1.5 percent in March after rising 1.4 percent the previous month.

IWPR: Women Earn Lower Pay Than Men in 107 of 111 Occupations

added: 12-04-2011

Tuesday April 12 is Equal Pay Day, a day to mark the slow progress in closing the persistent equal pay gap and the importance of eliminating employment discrimination. The Institute for Women's Policy Research (IWPR) released a new fact sheet on the occupational gender wage gap that shows women have lower median earnings than men in 107 out of 111 occupations, regardless of levels of education. The fact sheet, based on an analysis of median weekly wage data from the U.S. Bureau of Labor Statistics, is released annually by IWPR to mark Equal Pay Day.

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