Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Wednesday, November 23, 2011

Jobless Claims Rise; Spending, Incomes Up Too

New claims for jobless benefits rose for the first time after two months of steady declines, but the increase was slight, was within expectations and claims remained below the key 400,000 mark, government data showed Wednesday.

Meanwhile, consumer spending rose a notch in October even though incomes increased by a faster pace. And orders for long-lasting products such as washing machines, automobiles and aircraft fell for the second straight month in October.

More

No comments: