13:30 - Dados States
Enviado: 9/11/2006 14:45U.S. Oct. imported oil prices fall 8.3%
U.S. export prices fall 0.4%
U.S. import prices off 0.1% in past year, 1st drop since '02
U.S. Oct. nonfuel import prices fall 0.1%
U.S. Oct. import prices fall 2.0% vs. -1.0% expected
U.S. Sept. imports decline 2.1%, first drop in 7 months
ECONOMIC REPORT: Import prices fall 2% again in October; Nonfuel import prices fall 0.1%, first decline in a year
Related Blog Posts & ArticlesBy Rex Nutting, MarketWatch
Last Update: 8:30 AM ET Nov 9, 2006
WASHINGTON (MarketWatch) - Led by falling oil prices, prices of imported goods dropped 2% for the second straight month in October, matching the largest decline in three years, the Labor Department reported Thursday.
With the recent declines in oil prices, import prices are down 0.1% over the past 12 months, the first year-over-year decline since September 2002.
The report shows little inflationary pressure from abroad.
Imported petroleum prices fell 8.3% in October after a 9.7% drop in September. Import prices excluding petroleum fell 0.6% in October.
Natural gas prices fell 20.5%.
Prices fell for other imported goods as well.
Import prices excluding all fuels fell 0.1% in October, the first monthly decline since November 2005.
Prices of imported capital goods fell 0.1%, the first drop since April. Prices of imported nonfuel industrial supplies dropped 0.8%.
Prices of imported autos, on the other hand, rose 0.3%, the largest increase in a year. Consumer goods prices rose 0.1%.
Meanwhile, prices of exported goods dropped 0.4% for the second consecutive month. Prices of exported agricultural goods rose 1.1%, while other export prices fell 0.5%, the largest decline since November 2005.
Regionally, prices fell for goods imported from most of the major trading partners.
Prices of Canadian goods dropped 3.4%, the biggest decline in three years.
Prices of goods from China dropped 0.1%. Prices of goods from Japan fell 0.3%.
Reflecting the drop in oil prices, prices of goods from the Near East fell 4.4%.
Prices of goods imported from the European Union rose 0.2%, including a 1% rise in French goods prices. Prices of British goods fell 0.4%.
U.S. Sept. trade gap with China record $23.0 bln
U.S. Sept. trade gap falls by largest amount since Dec. '04
U.S. Sept. trade gap below consensus of $66.3 bln
U.S. Sept. trade gap narrows 6.8% to $64.3 bln
ECONOMIC REPORT: Trade gap narrows sharply in September; Decline in oil imports puts deficit at lowest level since April
Related Blog Posts & ArticlesBy Greg Robb, MarketWatch
Last Update: 8:30 AM ET Nov 9, 2006
WASHINGTON (MarketWatch) -- Fewer and less costly oil imports helped reduce the trade deficit in September, the Commerce Department said Thursday.
After hitting record highs in July and August, the trade deficit narrowed 6.8% in September to $64.3 billion, and was below the consensus forecast of Wall Street economists of $66.3 billion.
This is the lowest monthly trade deficit since April. It was the largest monthly drop in the deficit since December 2004.
The U.S. remains on track to post a new record annual trade deficit in 2006. For the first nine months of the year, the deficit totaled $586.2 billion, up 12.3% from the same period last year, when the U.S. set a record annual deficit of $716.7 billion.
Because much of the decline was anticipated by the department, the decline in the deficit was not expected to have much impact on the government's revised estimate for third-quarter gross domestic product growth to be released at the end of the month.
Government statisticians must include a rough estimate of the September trade deficit in their initial estimate of third quarter growth. In the initial estimate, they assumed that imports would decline in September. Even with the expected improvement in September, the trade gap subtracted 0.6 of a percentage point from third-quarter GDP growth, pushing growth down to a 1.6% annual rate, the weakest growth rate in three years.
The government also revised the trade deficit for August slightly lower to $69.0 billion from the initial estimate of $69.9 billion.
September's exports rose to a new record high while imports declined for the first time in seven months. In particular, exports rose 0.5% to $123.2 billion, with imports falling 2.1% to $187.5 billion.
Exports of industrial supplies, capital goods and other goods increased in September. Exports of civilian aircraft jumped 34.5% in the month.
The decline in imports was concentrated in the drop of petroleum products and crude oil. Imports of consumer goods rose slightly.
The nation's petroleum deficit narrowed 15.5% to $22.7 billion, its lowest level since April. The average price per barrel of oil fell to $62.52 in September from a record $66.12 in August.
The U.S. imported 316.6 million barrels of crude oil in September, equating to 10.6 million barrels per day, down from 343.5 million barrels or 11.1 million barrels per day in August.
Despite the improvement in the overall trade gap, the U.S. trade deficit with China widened to a record $23.0 billion in September compared with $22.0 billion in August and $20.1 billion in September 2005.
The U.S. exported a record amount of goods to South America and Germany in September.
U.S weekly continuing jobless claims up 43,000 to 2.45 mln
U.S. 4-week avg. initial claims down 250 to 311,250
U.S. weekly initial jobless claims fall 20,000 to 208,000
ECONOMIC REPORT: Jobless claims fall by 20,000 to 308,000
Related Blog Posts & ArticlesBy Rex Nutting, MarketWatch
Last Update: 8:31 AM ET Nov 9, 2006
WASHINGTON (MarketWatch) - Initial filings for state unemployment benefits dropped back to their recent range, falling by 20,000 to 308,000, the Labor Department reported Thursday.
The four-week average of new claims -- which smoothes out one-time distortions such as weather or holidays -- slipped by 250 to 311,250.
Meanwhile, the number of people collecting unemployment benefits in the week ending Oct. 28 rose by 43,000 to 2.45 million, a seven-week high. The four-week average of continuing claims rose to 2.44 million.
The insured unemployment rate - the percentage of all those who are covered by unemployment insurance who are collecting benefits - rose to 1.9% from 1.8% previously.
The current level of initial and continuing claims is consistent with an unchanged unemployment rate and modest job growth, economists say.
In the past year, initial claims are down about 4% while continuing claims are down about 1%.
Initial claims represent job destruction, while the level of continuing claims indicates how hard or easy it is for displaced workers to find new jobs.
Long-term unemployment has been stubbornly high during this expansion, despite the decrease in the unemployment rate to 4.4%. In October, about a third of the 6.7 million official unemployed people had been out of work longer than 15 weeks, while 16% had been out of work longer than 27 weeks.
Typically, unemployment benefits run out after 26 weeks for those who are eligible. Those who exhaust their unemployment benefits are still counted as unemployed if they are looking for work.
U.S. export prices fall 0.4%
U.S. import prices off 0.1% in past year, 1st drop since '02
U.S. Oct. nonfuel import prices fall 0.1%
U.S. Oct. import prices fall 2.0% vs. -1.0% expected
U.S. Sept. imports decline 2.1%, first drop in 7 months
ECONOMIC REPORT: Import prices fall 2% again in October; Nonfuel import prices fall 0.1%, first decline in a year
Related Blog Posts & ArticlesBy Rex Nutting, MarketWatch
Last Update: 8:30 AM ET Nov 9, 2006
WASHINGTON (MarketWatch) - Led by falling oil prices, prices of imported goods dropped 2% for the second straight month in October, matching the largest decline in three years, the Labor Department reported Thursday.
With the recent declines in oil prices, import prices are down 0.1% over the past 12 months, the first year-over-year decline since September 2002.
The report shows little inflationary pressure from abroad.
Imported petroleum prices fell 8.3% in October after a 9.7% drop in September. Import prices excluding petroleum fell 0.6% in October.
Natural gas prices fell 20.5%.
Prices fell for other imported goods as well.
Import prices excluding all fuels fell 0.1% in October, the first monthly decline since November 2005.
Prices of imported capital goods fell 0.1%, the first drop since April. Prices of imported nonfuel industrial supplies dropped 0.8%.
Prices of imported autos, on the other hand, rose 0.3%, the largest increase in a year. Consumer goods prices rose 0.1%.
Meanwhile, prices of exported goods dropped 0.4% for the second consecutive month. Prices of exported agricultural goods rose 1.1%, while other export prices fell 0.5%, the largest decline since November 2005.
Regionally, prices fell for goods imported from most of the major trading partners.
Prices of Canadian goods dropped 3.4%, the biggest decline in three years.
Prices of goods from China dropped 0.1%. Prices of goods from Japan fell 0.3%.
Reflecting the drop in oil prices, prices of goods from the Near East fell 4.4%.
Prices of goods imported from the European Union rose 0.2%, including a 1% rise in French goods prices. Prices of British goods fell 0.4%.
U.S. Sept. trade gap with China record $23.0 bln
U.S. Sept. trade gap falls by largest amount since Dec. '04
U.S. Sept. trade gap below consensus of $66.3 bln
U.S. Sept. trade gap narrows 6.8% to $64.3 bln
ECONOMIC REPORT: Trade gap narrows sharply in September; Decline in oil imports puts deficit at lowest level since April
Related Blog Posts & ArticlesBy Greg Robb, MarketWatch
Last Update: 8:30 AM ET Nov 9, 2006
WASHINGTON (MarketWatch) -- Fewer and less costly oil imports helped reduce the trade deficit in September, the Commerce Department said Thursday.
After hitting record highs in July and August, the trade deficit narrowed 6.8% in September to $64.3 billion, and was below the consensus forecast of Wall Street economists of $66.3 billion.
This is the lowest monthly trade deficit since April. It was the largest monthly drop in the deficit since December 2004.
The U.S. remains on track to post a new record annual trade deficit in 2006. For the first nine months of the year, the deficit totaled $586.2 billion, up 12.3% from the same period last year, when the U.S. set a record annual deficit of $716.7 billion.
Because much of the decline was anticipated by the department, the decline in the deficit was not expected to have much impact on the government's revised estimate for third-quarter gross domestic product growth to be released at the end of the month.
Government statisticians must include a rough estimate of the September trade deficit in their initial estimate of third quarter growth. In the initial estimate, they assumed that imports would decline in September. Even with the expected improvement in September, the trade gap subtracted 0.6 of a percentage point from third-quarter GDP growth, pushing growth down to a 1.6% annual rate, the weakest growth rate in three years.
The government also revised the trade deficit for August slightly lower to $69.0 billion from the initial estimate of $69.9 billion.
September's exports rose to a new record high while imports declined for the first time in seven months. In particular, exports rose 0.5% to $123.2 billion, with imports falling 2.1% to $187.5 billion.
Exports of industrial supplies, capital goods and other goods increased in September. Exports of civilian aircraft jumped 34.5% in the month.
The decline in imports was concentrated in the drop of petroleum products and crude oil. Imports of consumer goods rose slightly.
The nation's petroleum deficit narrowed 15.5% to $22.7 billion, its lowest level since April. The average price per barrel of oil fell to $62.52 in September from a record $66.12 in August.
The U.S. imported 316.6 million barrels of crude oil in September, equating to 10.6 million barrels per day, down from 343.5 million barrels or 11.1 million barrels per day in August.
Despite the improvement in the overall trade gap, the U.S. trade deficit with China widened to a record $23.0 billion in September compared with $22.0 billion in August and $20.1 billion in September 2005.
The U.S. exported a record amount of goods to South America and Germany in September.
U.S weekly continuing jobless claims up 43,000 to 2.45 mln
U.S. 4-week avg. initial claims down 250 to 311,250
U.S. weekly initial jobless claims fall 20,000 to 208,000
ECONOMIC REPORT: Jobless claims fall by 20,000 to 308,000
Related Blog Posts & ArticlesBy Rex Nutting, MarketWatch
Last Update: 8:31 AM ET Nov 9, 2006
WASHINGTON (MarketWatch) - Initial filings for state unemployment benefits dropped back to their recent range, falling by 20,000 to 308,000, the Labor Department reported Thursday.
The four-week average of new claims -- which smoothes out one-time distortions such as weather or holidays -- slipped by 250 to 311,250.
Meanwhile, the number of people collecting unemployment benefits in the week ending Oct. 28 rose by 43,000 to 2.45 million, a seven-week high. The four-week average of continuing claims rose to 2.44 million.
The insured unemployment rate - the percentage of all those who are covered by unemployment insurance who are collecting benefits - rose to 1.9% from 1.8% previously.
The current level of initial and continuing claims is consistent with an unchanged unemployment rate and modest job growth, economists say.
In the past year, initial claims are down about 4% while continuing claims are down about 1%.
Initial claims represent job destruction, while the level of continuing claims indicates how hard or easy it is for displaced workers to find new jobs.
Long-term unemployment has been stubbornly high during this expansion, despite the decrease in the unemployment rate to 4.4%. In October, about a third of the 6.7 million official unemployed people had been out of work longer than 15 weeks, while 16% had been out of work longer than 27 weeks.
Typically, unemployment benefits run out after 26 weeks for those who are eligible. Those who exhaust their unemployment benefits are still counted as unemployed if they are looking for work.