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  • Republican National Committee Release - 10 20 2006 Economy Talk

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    politix
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    The Dow Jones closed above 12,000 for the first time and stocks were up for the year. Gas prices fell and wholesale prices dropped due to a large decline in gas costs. Unemployment claims fell and real wages grew over the past year while consumer prices and confidence increased. Several economic indicators pointed to expansion in manufacturing and construction.

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    Dispatches from the Republican National Committee

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    republican national committee release - 10 20 2006 Economy Talk

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    The Dow Jones closed above 12,000 for the first time and stocks were up for the year. Gas prices fell and wholesale prices dropped due to a large decline in gas costs. Unemployment claims fell and real wages grew over the past year while consumer prices and confidence increased. Several economic indicators pointed to expansion in manufacturing and construction.

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    23 tayangan1 halaman

    Republican National Committee Release - 10 20 2006 Economy Talk

    Diunggah oleh

    politix
    The Dow Jones closed above 12,000 for the first time and stocks were up for the year. Gas prices fell and wholesale prices dropped due to a large decline in gas costs. Unemployment claims fell and real wages grew over the past year while consumer prices and confidence increased. Several economic indicators pointed to expansion in manufacturing and construction.

    Hak Cipta:

    Attribution Non-Commercial (BY-NC)
    Unduh sebagai PDF, TXT atau baca online dari Scribd
    Tandai sebagai konten tidak pantas
    dari 1

    NEWS FOR THE WEEK OF OCTOBER 16

    On Thurs., The Dow Jones Closed Above The 12,000 Average Gas Prices Fell 3.5 Cents To $2.22 Per Gallon
    Mark For The First Time. (“Home Run: Dow's First Close at Last Week. (EIA Website, www.eia.doe.gov, Accessed 10/2/06)
    12000,” The Wall Street Journal, 10/20/06)
    • Wholesale Prices Dropped 1.3 % In Sept. Due
    For The Year (As Of Oct. 19th Close): To A 22.2% Decline In Gas Prices – The
    • The Dow Is Up 12.1 Percent. Biggest 1 Month Drop On Record. (“Wholesale
    • The Nasdaq Is Up 6.2 Percent. Prices And Industrial Production Both Decline,” The
    • The S&P Is Up 9.5 Percent. (Yahoo Finance Associated Press, 10/17/06)
    Website, http://finance.yahoo.com/, Accessed 10/20/06) Real Wages Grew 2.2 Percent Over The Past 12
    Months. (U.S. Department Of Labor, Bureau Of Labor Statistics,
    “Real Earnings In September 2006,” Press Release, 10/18/06)

    Consumer Prices Fell 0.5% In Sept. As Energy Prices


    Saw Their Largest Drop In Almost A Year. (“Consumer
    1st-Time Jobless Claims Fell By 10,000 To 299,000, Prices Fall, Core Inflation Grinds Higher,” MarketWatch, 10/18/06)
    Their Lowest Level In 3 Months, While The 4-Week The Univ. Of Michigan Consumer Confidence Index
    Average Fell By 5,750 To Their Lowest Since June. Rose To 92.3 In Oct., Its Highest Since July 2005.
    (“Weekly Jobless Claims Fall To 299,000,” MarketWatch, 10/19/06) (“Consumers’ Sentiment Improves In October,” MarketWatch,
    49 States Have Created Jobs Between Aug. 2005 And 10/13/06)
    Aug. 2006 While 41 States Have Lower Unemployment The Chicago PMI, A Gauge Of The Economy In The
    Rates Than They Did Last Year. (Bureau Of Labor Statistics, Chicago Region, Jumped To 62.1% Sept., The Highest
    Press Release, 10/20/06) Level In A Year. (“Chicago Economy Strong In September Index,”
    MarketWatch, 9/29/06)

    New Construction Jumped 5.9% In Sept., The 1st


    Increase In Housing Starts Since May. (“Housing Starts The Empire State Manufacturing Index Jumped To
    Rebound In Sept.,” MarketWatch, 10/18/06)
    22.9 In Sept. – The Highest Level Since June (Reading
    • The National Association Of Home Builders Over 0 Indicate Expansion). (“New York Factories Going
    Housing Market Index Rose To 31 In Oct., A Stronger In Early October,” MarketWatch, 10/16/06)
    Sign The Market Is “Stabilizing.” (“Home-Builder Construction Spending Increased 0.3% In Aug. (“August
    Sentiment Snaps Losing Streak,” MarketWatch, 10/18/06) Construction Spending Rises 0.3%,” MarketWatch, 10/2/06)

    Paid for by the Republican National Committee


    310 First Street SE, Washington, D.C. 20003 - (202) 863-8614 - www.gop.com
    Not authorized by any candidate or candidate’s committee.

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