http://wediscussmoney.com Need education in finance, accounting, economics or business in general? Let's discuss and learn together Sun, 07 Mar 2010 08:08:05 +0000 http://backend.userland.com/rss092 en The numbers for the employment situation in February were released today and the unemployment rate was flat at 9.7% with no change.  The equity market investors rejoiced at the Department of Labor's report as the numbers were better than expected.  However, it wasn't that peachy. 36,000 jobs were lost (the consensus ... http://wediscussmoney.com/news-media/construction-crumbles-and-snow-storms-dont-budge-unemployment/ The National Association of Realtors released the Pending Home Sales Index today.  The index measures housing contract activity and is based on signed real estate contracts for existing single-family homes, condos and co-ops. A signed contract is not counted as a sale until the transaction closes, which is usually one to two ... http://wediscussmoney.com/uncategorized/pending-home-sales-down-decline-monthly-up-yearly/ Services sectors show best growth in two years: ISM data Rollercoastering through unemployment, the US is soon to fill with jobs that have to be created for today's youth (or as a youth, I hope).  After IBM's non-manufacturing index rose 2.5 points to 53.0 points, there truly is a significant improvement ... http://wediscussmoney.com/news-media/ism-non-manufacturing-data-stagnant/ A 7.6 million annual rate for domestic made car sales was reported in February.  In January the number was 7.9 million, in December 8.4 million.  It's not unusual for car sales to decrease in the later winter months as consumers retreat from the car lots in poor weather.  GM's sales ... http://wediscussmoney.com/news-media/car-sales-relatively-stagnant/ Consumers Spend More & Save Less The Bureau for Economic Analysis released the numbers for January pertaining personal income, disposable personal income (DPI), and personal consumption expenditure (PCE).  Personal income increased .1% in current dollars  since December, while disposable personal income decreased .4% in current dollars (.6% in 2005 real dollars).  The discrepancy ... http://wediscussmoney.com/news-media/consumers-spend-more-save-less-manufacturing-employment-kohn-steps-down/