St. Louis Fed: Series: TCU, Capacity Utilization: Total Industry

St. Louis Fed: Series: TCU, Capacity Utilization: Total Industry

St. Louis Fed: FRED GRAPH

Employment Situation Summary

Nonfarm payroll employment continued to fall sharply in February (-651,000), and the unemployment rate rose from 7.6 to 8.1 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Payroll employ- ment has declined by 2.6 million in the past 4 months. In February, job losses were large and widespread across nearly all major industry sectors.

The chart below represents the year/year change in total employment.

St. Louis Fed: Series: TCU, Capacity Utilization: Total Industry

BEA: News Release: Gross Domestic Product

Real gross domestic product — the output of goods and services produced by labor and property located in the United States — decreased at an annual rate of 3.8 percent in the fourth quarter of 2008, (that is, from the third quarter to the fourth quarter), according to advance estimates released by the Bureau of Economic Analysis. In the third quarter, real GDP decreased 0.5 percent.

Here’s how the year/year percentage change in GDP and in corporate equipment/software investment looks when charted.

St. Louis Fed: Series: TCU, Capacity Utilization: Total Industry

St. Louis Fed: FRED GRAPH

St. Louis Fed: Series: TCU, Capacity Utilization: Total Industry

Econoday Report: Personal Income and Outlays  31, 2008

Personal income in September 2008 rose 0.2% from August.  Real personal consumption expenditures (PCE) fell 0.4% and nominal PCE fell 0.3%.  Real disposable personal income (DPI) rose 0.1% and nominal DPI increased 0.2%. The personal savings rate as a percentage of DPI was 1.3% in September.