Archive for November, 2011

ADP Employment Report Posts Gains of 206,000 in November

November 30, 2011

Today’s ADP employment report for November had a total nonfarm payroll of 109.3 million, an increase of 206,000. Compared to last November, payroll is up 1.7%.

On Friday, the Bureau of Labor Statistics will release its employment report which will have much more extensive and granular coverage of the employment situation.

–From ADP and The St. Louis Federal Reserve

Case Shiller Home Price Indices Down in September

November 30, 2011

The Case-Shiller September home price indices, released today, reported decreases in nearly every market. The 10-city composite decreased .66 points to 155.73 and is down 3.3% compared to September 2010. The 20-city composite decline .91 points to 141.97 and is 3.6% lower than last September.

Only Washington, Portland, and New York saw home price gains. Washington gained 2.17 points (1.2%) to 188.07; Portland climbed .19 to 136.1; New York ticked up slightly by .13 points to 169.93.

For more information, see our Home Price Report.

From Case-Shiller and The St. Louis Federal Reserve

New GDP Estimate .5% Lower

November 22, 2011

Real GDP increased an annualized 2% in the 3rd quarter 2011, a .5% decline from the first estimate.  This was largely the result of lower figures for private inventory investment, nonresidential fixed investment, and personal consumption expenditures. It was partially offset by decreased import figures.

Please see our GDP Report for more information.

–From the Bureau of Economic Analysis and the St. Louis Federal Reserve

Money, an Infographic

November 22, 2011

This fantastic infographic shows the costs of an immense number of items on the scales of single, thousands, millions, billions, and trillions of dollar.

–From XKCD

Illegal Aliens Decreasing, Border Patrol Agents Increasing

November 22, 2011

The number of illegal immigrants entering the US from Mexico has decreased 75% from the peak in 2000. However, there are over 17,000 agents–four times as many as in 1993.

–From The Economist

Proportion of Families Living in Affluent and Poor Neighborhoods See Dramatic Increase

November 17, 2011

The proportion of families living in either affluent or poor neighborhoods changed substantially between 1970 and 2007. As the graph shows, middle class urban neighborhoods significantly declined in the past 40 years.


Growth in the Residential Segregation of Families by Income, 1970-2009 (PDF)

Middle-Class Areas Shrink as Income Gap Grows, Study Finds (New York Times)

Consumer Price Index At 226.763

November 16, 2011

As reported today, the Consumer Price Index for All Urban Consumers For All Items stood at 226.763 as of October 1st,2011.

The CPI has increased by 3.55% over the past year from 218.97, an indication of a slight increase in prices for the consumer.

For more information, view Data360s report here.

From the St.Louis Federal Reserve, reported by Disha Bheda

Producer Price Index At 179.1

November 15, 2011

The Producer Price Index Of Finished Goods Less Food And Energy stood at 179.1 as of October 1st, 2011.

This index has increased by 2.7% over the last twelve months from 174.2 points.

This is an indication of a slight increase in the average selling price received by producers for their output.

For more information, view Data360s report here.

From the St. Louis Federal Reserve, reported by Disha Bheda

Effective Federal Funds Rate At 0.08%

November 14, 2011

Effective Federal Funds Rate

As reported today by the St. Louis Federal Reserve, the effective federal funds rate stood at 0.08% as of November 9th, 2011.

Currently, this overnight loan rate is at one of its lowest point in the last five decades. It may have intentionally been kept low by the government to make borrowing cheaper.

From the St.Louis Federal Reserve, reported by Disha Bheda

Total Job Openings Increased 7.2% in September

November 8, 2011

Total September 2011 nonfarm job openings, posted today, increased 7.2% to 3.354 million. Since total job openings declined in August, an increase of this size is a good sign. Hires increased 4.6%. Total separations increased 4.8%, with quits increasing 2.1% and discharges increasing 4.1%. Most industries experienced an increase in job openings. Construction, however, declined 26.5% to 75,000.

For more information, see our Job Openings and Labor Turnover Report.

-From the Bureau of Labor Statistics and the St. Louis Federal Reserve, reported by Daniel Saniski