3/9/2007

Today’s economic news
Filed under: Economics, Optimism, Politics — nobrainer @ 1:15 pm

Jobs: up
Unemployment: down
Wages: up
Trade deficit: down
Export growth: up
Trade deficit with the EU: down
Trade deficit with Canada: up
Need to bomb Canada due to unfair trade practices: way up

More specifically, jobs in housing and manufacturing related to housing and autos were down. In total, 97,000 new jobs were created in February while figures for December and January were both revised upward by a combined 55,000.

Year-to-year average wages are up 4.1%. The majority of Americans disapprove of President Bush’s “economic stewardship.” I have no idea what that means.

[US trade deficit shrinks to 59.1 billion dollars]
[Unemployment Rate Drops to 4.5 Percent]