April ISM Non-Manufacturing index 55.4%, unchanged from March.
This shows further growth in the service sector, although employment contracted for the 28th consecutive month.
This shows further growth in the service sector, although employment contracted for the 28th consecutive month.
TUESDAY, MAY 4, 2010
Personal BKs rocket
Click on graph for larger image in new window.This graph shows the non-business bankruptcy filings by quarter using monthly data from the ABI and previous quarterly data fromUSCourts.gov.
The American Bankruptcy Institute (ABI) is forecasting over 1.5 million filings in 2010. This is an increase from the just over 1.4 million filings in 2004.
MONDAY, MAY 3, 2010
Personal Consumption Strong
The quarterly change in PCE is based on the change from the average in one quarter, compared to the average of the preceding quarter.The colored rectangles show the quarters, and the blue bars are the real monthly PCE.
The increase in PCE in March was strong and PCE increased 3.6% SAAR in Q1 2010. This increase in spending was driven by less saving and transfer payments.
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