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Market Watch 666 For 18July 2021

Market Watch 666 For 18July 2021
June s consumer and producer prices, retail sales, and industrial production; May s business inventories
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In addition, we also had the release of the Regional and State Employment and Unemployment Report for June, a report which breaks down the two employment surveys from the monthly national jobs report by state and region.
While the text of this report provides a useful summary of this data, the serious statistics aggregation can be found in the tables linked at the end of the report, where one can find the civilian labor force data and the change in payrolls by industry for each of the 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands. ....

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Look At The Data, It Shows Federal Unemployment Supplement Is The Bad Actor

Look At The Data, It Shows Federal Unemployment Supplement Is The Bad Actor
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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Report: US unemployment claims fall to 376,000, sixth straight drop

The number of Americans applying for unemployment benefits fell for the sixth straight week as the U.S. economy, held back for months by the coronavirus pandemic, reopens rapidly. ....

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Week Ahead - Wall Street believes inflation will be transitory - MarketPulse

Week Ahead - Wall Street believes inflation will be transitory - MarketPulse
marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.

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Unemployment numbers: US jobless claims fall to 712,000 as pace of layoffs eases

Congress has sent President Joe Biden the landmark $1.9 trillion COVID-19 relief bill.
The continuing job cuts reflect the extent to which the pandemic disrupted normal economic activity and kept consumers hunkered down at home rather than out traveling, shopping, dining out and attending entertainment venues. Cities and states restricted the hours and capacity of restaurants, bars and other businesses. Even where restrictions didn t exist, many Americans for months chose to stay home to avoid the risk of infection.
Now, though, as vaccinations are increasingly administered around the country, business limitations are gradually eased and consumers grow more comfortable engaging face to face with others, optimism about the economy is rising. Last month, consumers bounced back from months of retrenchment to step up their spending by 2.4% - the sharpest increase in seven months and a sign that the economy may be poised to sustain a recovery. ....

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