The Federal Open Market Committee decided today to lower its target for the federal funds rate 25 basis points to 4-1/2 percent.
In a related action, the Board of Governors unanimously approved a 25-basis-point decrease in the discount rate to 5 percent.
The Committee judges that, after this action, the upside risks to inflation roughly balance [...]
Consumer Confidence At a Glance
Consumer Confidence Index: 95.6
Monthly Change: Down 4.2
Present Situation Index: 118
Monthly Change: Down 3.2
Expectations Index: 80.1
Monthly Change: Down 4.9
1985=100
Technorati Tags: consumer confidence, consumer confidence index
Rate this: 3.0
Jobless Claims At a Glance
Initial Claims: 331,000
Change from Last Week: Down 8,000
Prior Week Revision: Down by 6,000
4-Week Moving Average: 324,750
Insured Unemployment Rate: 1.9%
Insured Unemployment: 2,530,000
All numbers seasonally adjusted.
Technorati Tags: jobless, unemployment, claims
Rate this: 3.0
Help-Wanted Advertising At a Glance
National Index: 24
Prior Month: 24
Prior Year: 29
Regions increasing ad volume: 0
Regions decreasing ad volume: 8
Labor markets increasing ad volume: 57%
Technorati Tags: help, wanted, job, employment, ads, advertising
Rate this: 3.0
Durable Goods At a Glance
New Orders: $214.5 billion
New Orders Change: Down 1.7%
Shipments Change: Down 2%
Unfilled Orders Change: Up 1.1%
Inventory Change: up 0.4%
Nondefense Capital Goods Change: Up 4.4%
Technorati Tags: durable goods, manufacturers, orders, inventories
Rate this: 3.0
New Home Sales At a Glance
Annual Sales Rate (Seasonally Adjusted): 770,000
Monthly Change: Up 4.8%
Annual Change: Down 23.3%
Median Sales Price: $238,000
Unsold Inventory: 8.3 Months
Technorati Tags: home sales, new residential sales
Rate this: 3.0
