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News Ticker from FNC

Thursday, September 15, 2011

Numerology Class

More stats from this week ...

Jobless claims
UP
428,000
(increase of 11,000 more than Jul)
(highest in 3 months)
(only partially explains by hurricane Irene)

Total Public Debt
UP
$14.7 Trillion

job Gains/Losses
STEADY
0

New Home Sales
DOWN
0.7%

GDP
UP
1%

Mortars Rates
DOWN
4.12% 30-yr fixed

Foreclosures
DOWN
2%

US Gov Budget
UP
$-132 Billion
(spending more than taking in for week)

Gas Prices
DOWN
$3.83/Gal

Inflation
UP
0.4% for Aug

Hourly Wages
DOWN
$0.03

Heating Oil
UP
$2.945/gal

Oil Prices
DOWN
$88.91/barrel

Existing Home Sales
DOWN
3.5%

New York Stock Exchange
DJI
11,246.73

•••••
$38 Billiob program to help the "Green" industry make jobs
3545 jobs "created"
After 2 hrs (only $19 billion spent so far)
Was SUPPOSED to make 60,000 permanent jobs
That's $640,000 per job

Current nemployment rate is at 9.1% but according to the CBO (congressional budget office) it needs to be at 6% in order for the economy to be considered "healthy"

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