Full text of U.S. Financial Data : January 10, 2002
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
January 10, 2002 USFinancialData THE WEEK’S HIGHLIGHTS: s Initial claims for state unemployment insurance benefits fell 56,000 to 395,000 during the week ending Jan. 5. The four-week moving average totaled 410,500, down 250 from the previous week. The four-week average has declined for five consecutive weeks. s Following declines of 2.3 percent in October and 1.4 percent in November, the index of U.S. import prices fell 0.9 percent in December. Over this three-month period, prices of petroleum imports fell 29.7 percent, while prices of nonpetroleum goods fell 1.1 percent. s In November, the current dollar value of new orders to manufacturers for durable and nondurable goods fell 3.3 percent. Factory orders rose 7 percent in October. New orders for nondefense capital goods excluding aircraft, a key input to business equipment investment, rose 3.2 percent in November after rising 5.9 percent in October. With manufacturers’ shipments falling 0.6 percent in November, the inventory-to-shipment ratio measured 1.39, unchanged from October but down 2.8 percent from September’s level. s The trade-weighted exchange rate index of the U.S. dollar averaged 107.4 for the week ending Jan. 9, unchanged from the prior week. The value of the dollar has risen 4.5 percent since mid-September 2001 and is up 7.8 percent from a year earlier. s Nonfarm employment fell 124,000 in December, the smallest drop in four months. The unemployment rate rose 0.2 percentage points to 5.8 percent. In December 2000, the unemployment rate measured 4 percent. All data are seasonally adjusted unless otherwise indicated. U.S. Financial Data is published weekly by the Research Division of the Federal Reserve Bank of St. Louis. For more information on data, please call (314) 444-8590. To be added to the mailing list, please call (314) 444-8809. Information in this publication is also included in the Federal Reserve Economic Data (FRED) data base on the internet at www.stls.frb.org/fred.