NPR : News

Filed Under:

Jobless Claims Drop, Inflation At 3 Percent, Housing Starts Cool

A trio of economic indicators were just released:

-- First-time claims for jobless benefits plunged by 50,000 last week from the week before, to 352,000, the Employment and Training Administration says. You have to go back to Spring 2008 to find a lower number. Reuters says the news signals "continued improvement in the labor market."

-- Consumer prices finished 2011 up 3 percent from the year before, according to the Bureau of Labor Statistics. That's a faster pace than 2010's 1.5 percent and 2009's 2.7 percent. But prices were unchanged in December, vs. the month before.

-- While the number of "housing starts" in December was 4.1 percent below November's pace, they ended the year 24.9 percent up from 2010, the Census Bureau and Department of Housing and Urban Development say.

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

NPR

Comic-Con Has Become Poké-Con

At this year's San Diego Comic-Con, one of the biggest phenomena isn't just inside the convention center, it's all around: Swarms of people staring at their phones as they play Pokémon Go.
NPR

Scraped, Splattered — But Silent No More. Finally, The Dinner Plate Gets Its Say

Instagram is the Internet's semi-obsessive, borderline-creepy love letter to food. But behind every great meal is a plate doing a pretty-OK job. So a comedian made an Instagram to celebrate plates.
NPR

In Kaine, Clinton Gains A Swing-State Spanish Speaker

Who is Tim Kaine, and what does he bring to the Democratic presidential ticket? NPR's Mara Liasson provides answers.
NPR

Making The Cloud Green: Tech Firms Push For Renewable Energy Sources

Few people can demand what kind of electricity they get. But Microsoft and Facebook, which operate huge, power-hungry data centers, are trying to green up the electricity grid with their buying power.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.