Friday, May 1, 2009

April 30- Economic News

Good news from the Initial Claims report where Initial Claims fell from 645k prior period to 631k current period with the expectation of 640k.

Personal Spending dropped to -0.2% from prior period number of 0.4%

Personal Income dropped to -0.3 from prior period number of -0.2%

Chicago PMI (Purchasing Managers Index) rose to 40.1 from 31.4

Employment Cost Index dropped to 0.3% from prior levels of 0.6

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