US Factory Orders-STATS-Historical, Shpmts, Unfilled, Invty

US Factory Orders-STATS-Historical, Shpmts, Unfilled, Invty

(NOTE: See New Orders historical data in story no. 84733)

  Seasonally adjusted data in millions of dollars. R denotes revised.
Source: U.S. Commerce Department.

              -SHIPMENTS-           -UNFILLED ORDERS-       -INVENTORIES-
                Mo Ago  Yr Ago         Mo Ago  Yr Ago         Mo Ago  Yr Ago
Month      Level   % chg % chg:   Level  % chg % chg :   Level   % chg  % chg
May 09    353,334   -0.9 -21.0:  747,289  -0.2  -7.8 :  513,329   -0.6   -6.5
Apr 09    356,430   -0.5 -20.1:  749,081  -1.1  -6.7 :  516,545   -1.2   -5.3
Mar 09    358,073   -1.8 -17.6:  757,692  -1.7  -4.9 :  522,662   -1.2   -4.2
Feb 09    364,479   -0.5 -15.1:  770,939  -1.7  -2.0 :  528,920   -1.3   -2.2
Jan 09    366,366   -2.6 -16.3:  783,955  -2.0   0.8 :  535,850   -1.1   -0.3
Dec 08    375,980   -3.3 -13.2:  800,360  -1.5   3.5 :  541,986   -1.9    2.1
Nov 08    388,928   -6.5 -10.7:  812,879  -0.9   7.6 :  552,253   -0.5    4.9
Oct 08    415,900   -3.6  -2.7:  820,672  -0.9   9.7 :  554,990   -0.6    6.2
Sep 08    431,492   -3.1   2.2:  828,225   0.2  11.8 :  558,296   -0.8    7.0
Aug 08    445,455   -3.7   5.2:  826,529   0.3  12.8 :  562,781    0.7    8.6
Jul 08    462,379    1.4   7.1:  824,232   0.8  13.7 :  559,070    0.6    7.8
Jun 08    455,873    1.9   7.8:  818,023   1.0  15.4 :  555,627    1.2    7.3
May 08    447,411    0.3   4.9:  810,293   0.9  15.8 :  548,825    0.6    6.2
Apr 08    446,031    2.7   5.5:  802,972   0.7  15.8 :  545,633    0.0    6.0
Mar 08    434,378    1.1   4.0:  797,114   1.3  17.1 :  545,791    0.9    6.4
Feb 08    429,531   -1.9   4.4:  786,860   1.2  17.3 :  540,675    0.6    5.5
Jan 08    437,643    1.1   7.1:  777,859   0.6  17.1 :  537,497    1.3    4.9
Dec 07    433,063   -0.6   3.2:  773,297   2.3  17.1 :  530,664    0.8    3.7
Nov 07    435,555    1.9   6.0:  755,712   1.0  15.6 :  526,439    0.7    2.9
Oct 07    427,623    1.3   4.6:  748,304   1.0  16.3 :  522,777    0.1    2.5
Sep 07    422,225   -0.3   2.8:  740,534   1.0  16.2 :  521,995    0.8    2.8
Aug 07    423,435   -1.9  -0.7:  732,889   1.1  19.5 :  518,057   -0.1    2.8
Jul 07    431,756    2.1   2.2:  724,733   2.2  18.0 :  518,644    0.1    3.5
Jun 07    422,938   -0.8  -0.8:  708,841   1.3  16.8 :  517,956    0.2    4.4
May 07    426,330    0.9   0.0:  699,668   0.9  17.0 :  516,996    0.4    5.2
Apr 07    422,726    1.2   1.3:  693,329   1.9  16.5 :  514,686    0.3    5.6
Mar 07    417,629    1.5  -0.4:  680,483   1.4  15.8 :  512,988    0.1    6.2
Feb 07    411,584    0.7  -0.8:  670,877   1.0  16.8 :  512,706    0.1    7.1
Jan 07    408,610   -2.6  -2.4:  664,272   0.6  16.9 :  512,189    0.1    7.0
Dec 06    419,663    2.2   0.7:  660,406   1.0  15.3 :  511,487    0.0    8.2
Nov 06    410,829    0.5   0.3:  653,650   1.6  16.0 :  511,609    0.3    9.0
Oct 06    408,628   -0.5   0.4:  643,221   1.0  17.6 :  510,028    0.5    9.3
Sep 06    410,821   -3.6   1.5:  637,063   3.9  18.2 :  507,632    0.7    9.8
Aug 06    426,221    0.8   6.9:  613,391  -0.1  14.8 :  504,079    0.6    9.2
Jul 06    422,650   -0.9   8.1:  614,072   1.1  16.6 :  500,974    0.9    8.5
Jun 06    426,294    0.0   9.0:  607,100   1.5  16.4 :  496,334    1.0    8.4
May 06    426,125    2.1   9.8:  598,148   0.5  18.0 :  491,256    0.7    7.6
Apr 06    417,258   -0.5   7.6:  595,079   1.2  20.2 :  487,600    1.0    6.7
Mar 06    419,491    1.1   8.3:  587,745   2.3  18.6 :  482,900    0.9    6.0
Feb 06    415,090   -0.8   9.2:  574,322   1.1  15.3 :  478,575    0.0    5.9
Jan 06    418,485    0.4   9.9:  568,234  -0.8  14.9 :  478,608    1.2    7.0
Dec 05    416,683    1.7  11.0:  572,835   1.6  15.4 :  472,860    0.8    7.3
Nov 05    409,711    0.7   9.8:  563,554   3.0  13.4 :  469,304    0.5    6.6
Oct 05    406,903    0.5  10.3:  546,980   1.5  11.2 :  466,827    1.0    7.4
Sep 05    404,787    1.5  11.4:  539,073   0.9   9.3 :  462,324    0.2    7.4
Aug 05    398,861    2.0  10.1:  534,449   1.5   8.7 :  461,411    0.0    7.4
Jul 05    391,130    0.0   9.5:  526,765   1.0   6.9 :  461,583    0.8    8.3
Jun 05    391,171    0.8   9.7:  521,648   2.9   7.0 :  457,820    0.2    8.3
May 05    388,071    0.1  10.1:  506,868   2.4   4.3 :  456,706    0.0    9.1
Apr 05    387,625    0.1  10.0:  494,901  -0.1   2.3 :  456,878    0.3   10.1
Mar 05    387,240    1.9   9.3:  495,425  -0.5   2.7 :  455,665    0.8   10.3
Feb 05    379,951   -0.2  12.0:  497,952   0.6   4.3 :  451,939    1.0    9.9
Jan 05    380,836    1.4  12.2:  494,758  -0.3   4.0 :  447,366    1.5    9.6
Dec 04    375,496    0.6  10.0:  496,343  -0.1   3.9 :  440,697    0.1    7.9
Nov 04    373,078    1.1   9.8:  496,962   1.0   4.8 :  440,048    1.2    7.6
Oct 04    368,982    1.6   8.1:  492,038  -0.2   4.7 :  434,635    1.0    6.0
Sep 04    363,220    0.3   6.9:  493,244   0.3   6.2 :  430,452    0.2    4.9
Aug 04    362,297    1.4   9.2:  491,893  -0.2   6.0 :  429,747    0.8    4.1
Jul 04    357,137    0.2   5.8:  492,742   1.1   6.8 :  426,216    0.9    2.9
Jun 04    356,599    1.2   7.4:  487,465   0.3   5.3 :  422,564    1.0    1.2
May 04    352,370    0.0   7.4:  485,770   0.4   5.2 :  418,482    0.8   -0.4
Apr 04    352,424   -0.5   7.7:  483,837   0.3   4.9 :  414,991    0.4   -1.7
Mar 04    354,351    4.5   5.5:  482,462   1.1   4.7 :  413,188    0.5   -2.3
Feb 04    339,254   -0.1   2.0:  477,280   0.3   3.6 :  411,076    0.7   -3.3
Jan 04    339,559   -0.5   3.0:  475,897  -0.4   3.7 :  408,249    0.0   -3.1
Dec 03    341,265    0.4   5.0:  477,608   0.8   3.4 :  408,304   -0.2   -3.5
Nov 03    339,743   -0.4   3.1:  474,027   0.8   1.5 :  408,942   -0.3   -2.6
Oct 03    341,230    0.4   3.1:  470,141   1.3  -0.3 :  410,125    0.0   -2.4
Sep 03    339,779    2.4   2.9:  464,236   0.1  -2.8 :  410,318   -0.6   -2.3
Aug 03    331,713   -1.8   0.7:  463,833   0.5  -4.3 :  412,857   -0.3   -1.4
Jul 03    337,663    1.7   3.6:  461,536  -0.3  -4.6 :  414,168   -0.8   -0.8
Jun 03    332,100    1.2   1.4:  462,950   0.2  -4.4 :  417,365   -0.7    0.1
May 03    328,149    0.3  -0.2:  461,881   0.1  -6.4 :  420,236   -0.4    1.0
Apr 03    327,316   -2.5   0.7:  461,257   0.1  -7.2 :  422,041   -0.2    1.1
Mar 03    335,788    1.0   3.8:  460,615   0.0  -8.2 :  422,929   -0.5    1.2
Feb 03    332,602    0.9   3.9:  460,642   0.4  -8.7 :  425,169    0.9    1.2
Jan 03    329,672    1.4   2.6:  458,965  -0.7  -9.0 :  421,282   -0.4   -0.9
Dec 02    324,964   -1.4   0.8:  462,122  -1.0 -10.2 :  423,133    0.8   -1.2
Nov 02    329,487   -0.4   3.1:  466,839  -1.0 -10.1 :  419,927   -0.1   -3.3
Oct 02    330,948    0.2   3.2:  471,373  -1.3 -10.1 :  420,403    0.1   -4.5
Sep 02    330,331    0.3   3.0:  477,547  -1.5  -8.4 :  420,077    0.4   -5.6
Aug 02    329,305    1.1  -0.4:  484,740   0.2  -8.0 :  418,554    0.3   -6.9
Jul 02    325,855   -0.5  -0.6:  483,995  -0.1  -8.9 :  417,505    0.1   -8.1
Jun 02    327,525   -0.4  -0.9:  484,452  -1.8  -9.5 :  417,107    0.2   -9.3
May 02    328,827    1.2  -3.2:  493,400  -0.7  -8.1 :  416,209   -0.3  -10.6
Apr 02    325,085    0.5  -1.9:  496,790  -0.9  -7.9 :  417,622    0.0  -11.2
Mar 02    323,526    1.1  -4.8:  501,523  -0.6  -7.5 :  417,737   -0.6  -11.6
Feb 02    320,138   -0.4  -7.6:  504,319  -0.1  -6.9 :  420,193   -1.2  -12.0
Jan 02    321,264   -0.3  -6.4:  504,633  -1.9  -7.6 :  425,219   -0.7  -12.0
Dec 01    322,274    0.9  -7.9:  514,349  -0.9  -6.4 :  428,113   -1.4  -11.1
Nov 01    319,550   -0.3  -7.9:  519,174  -1.0  -5.3 :  434,143   -1.3  -10.0
Oct 01    320,664    0.0  -8.1:  524,522   0.6  -3.6 :  440,017   -1.1   -8.3
Sep 01    320,662   -3.0  -9.6:  521,595  -1.0  -4.4 :  444,788   -1.1   -6.9
Aug 01    330,554    0.8  -5.0:  526,959  -0.8  -2.4 :  449,772   -1.0   -5.8
Jul 01    327,846   -0.8  -6.6:  531,190  -0.7  -1.3 :  454,507   -1.2   -4.5
Jun 01    330,442   -2.7  -6.9:  535,029  -0.4  -0.5 :  459,925   -1.2   -2.9
May 01    339,654    2.5  -3.0:  536,957  -0.4   5.3 :  465,528   -1.0   -0.9
Apr 01    331,244   -2.5  -6.7:  539,206  -0.5   5.4 :  470,031   -0.5    0.1
Mar 01    339,752   -1.9  -2.4:  542,185   0.1   6.0 :  472,451   -1.1    1.3
Feb 01    346,329    0.9   1.5:  541,701  -0.8   6.3 :  477,694   -1.1    2.4
Jan 01    343,214   -1.9  -2.6:  546,064  -0.6   6.9 :  483,251    0.3    4.2
Dec 00    349,908    0.9   1.6:  549,445   0.2   8.7 :  481,673   -0.2    3.9
Nov 00    346,824   -0.6   0.8:  548,222   0.8  10.1 :  482,452    0.5    4.8
Oct 00    348,822   -1.7   2.1:  543,945  -0.4   8.9 :  480,005    0.5    5.2
Sep 00    354,838    2.0   4.7:  545,860   1.1  10.2 :  477,656    0.0    5.1
Aug 00    347,893   -0.9   2.2:  539,927   0.3   9.5 :  477,596    0.3    5.6
Jul 00    350,966   -1.2   4.9:  538,130   0.1   9.0 :  476,004    0.5    5.4
Jun 00    355,102    1.4   6.3:  537,691   5.5   9.6 :  473,759    0.8    5.4
May 00    350,320   -1.3   4.8:  509,821  -0.3   3.3 :  469,808    0.0    4.4
Apr 00    355,110    2.0   7.6:  511,526   0.0   3.2 :  469,712    0.7    4.8
Mar 00    348,281    2.1   5.7:  511,341   0.3   2.7 :  466,570    0.0    4.0
Feb 00    341,127   -3.2   2.4:  509,605  -0.2   2.5 :  466,400    0.5    4.4
Jan 00    352,341    2.3   7.4:  510,755   1.0   2.6 :  463,859    0.1    3.8
  -By Rodney Christian; Dow Jones Newswires; (202) 646-1880;
   csstat@dowjones.com

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July 02, 2009 11:15 ET (15:15 GMT)


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US Factory Orders-STATS-Historical, New Orders

US Factory Orders-STATS-Historical, New Orders

(NOTE:See Shipments, Unfilled Orders, Inventories historical data story 84734)

  Seasonally adjusted data in millions of dollars. R denotes revised.
Source: U.S. Commerce Department.

          -NEW ORDERS-                -EX-TRANSPORTATI       -EX-DEFENSE-
                Mo Ago  Yr Ago       Mo Ago  Yr Ago          Mo Ago  Yr Ago
Month     Level    % chg % chg:   Level  % chg % chg :   Level   % chg  % chg
May 09    347,850    1.2 -22.7:  305,534   0.8 -22.3 :  332,815    1.0  -23.9
Apr 09    343,760    0.5 -22.9:  302,992  -0.2 -22.3 :  329,548   -0.1  -24.2
Mar 09    341,935   -1.9 -22.3:  303,588  -2.1 -20.0 :  329,721   -2.0  -23.1
Feb 09    348,460    0.7 -19.7:  310,064   0.5 -16.1 :  336,310   -0.1  -20.2
Jan 09    346,120   -3.5 -20.5:  308,610  -2.4 -17.8 :  336,726   -1.9  -20.7
Dec 08    358,811   -4.9 -19.5:  316,246  -5.4 -16.1 :  343,073   -6.3  -20.7
Nov 08    377,203   -6.5 -13.8:  334,138  -6.0 -10.8 :  366,069   -6.6  -14.9
Oct 08    403,315   -6.0  -6.3:  355,543  -5.1  -3.3 :  392,117   -5.2   -6.6
Sep 08    429,286   -3.1   0.9:  374,477  -4.3   3.1 :  413,595   -4.0   -0.6
Aug 08    443,200   -4.3   3.9:  391,266  -3.6   8.2 :  430,776   -4.5    4.3
Jul 08    462,993    0.7   4.7:  405,680   0.5  10.0 :  450,930    1.2    4.6
Jun 08    459,576    2.1   7.5:  403,771   2.7  12.1 :  445,374    1.8    6.3
May 08    450,033    0.9   5.4:  393,181   0.8   7.9 :  437,322    0.6    4.7
Apr 08    445,915    1.3   4.0:  390,058   2.8   8.1 :  434,754    1.4    3.5
Mar 08    440,216    1.5   4.2:  379,303   2.6   6.9 :  428,590    1.7    3.3
Feb 08    433,860   -0.4   5.1:  369,652  -1.6   5.3 :  421,463   -0.8    4.6
Jan 08    435,415   -2.4   7.3:  375,521  -0.4   8.1 :  424,777   -1.8    7.2
Dec 07    445,917    1.9   5.7:  376,912   0.6   5.4 :  432,783    0.6    4.8
Nov 07    437,808    1.8   5.3:  374,678   1.9   6.9 :  430,197    2.5    6.5
Oct 07    430,254    1.1   5.3:  367,760   1.2   5.3 :  419,672    0.9    4.7
Sep 07    425,399   -0.3  -0.8:  363,302   0.4   2.8 :  416,014    0.8    0.4
Aug 07    426,512   -3.5   1.6:  361,733  -1.9  -0.4 :  412,887   -4.2    0.8
Jul 07    442,069    3.4   4.3:  368,763   2.4   0.3 :  431,040    2.9    3.9
Jun 07    427,369    0.1  -0.5:  360,161  -1.2  -1.7 :  418,857    0.3    0.2
May 07    427,149   -0.4   1.0:  364,448   1.0   0.0 :  417,772   -0.6    0.4
Apr 07    428,894    1.6   2.3:  360,675   1.6   0.7 :  420,103    1.2    2.2
Mar 07    422,322    2.3  -1.0:  354,855   1.1  -1.0 :  415,000    3.0   -0.4
Feb 07    412,981    1.8  -0.2:  351,082   1.1  -0.1 :  402,936    1.6   -0.3
Jan 07    405,820   -3.8  -0.6:  347,407  -2.9  -2.8 :  396,406   -4.0   -2.3
Dec 06    421,690    1.4   0.6:  357,689   2.0   2.6 :  412,874    2.2    0.7
Nov 06    415,722    1.8  -1.1:  350,587   0.4   0.8 :  404,026    0.8   -1.7
Oct 06    408,514   -4.8  -0.1:  349,255  -1.2   1.5 :  400,833   -3.2    0.7
Sep 06    429,000    2.2   6.5:  353,500  -2.7   2.9 :  414,284    1.1    5.1
Aug 06    419,738   -1.0   4.9:  363,286  -1.2   6.8 :  409,772   -1.2    4.6
Jul 06    423,937   -1.3   8.7:  367,619   0.3  11.6 :  414,956   -0.7    9.0
Jun 06    429,311    1.5   7.4:  366,514   0.5  10.2 :  417,977    0.5    7.4
May 06    423,108    0.9   7.4:  364,517   1.7  11.9 :  416,026    1.2    8.2
Apr 06    419,229   -1.7  10.1:  358,317  -0.1  10.5 :  411,200   -1.3   10.6
Mar 06    426,610    3.1  12.6:  358,601   2.0   9.8 :  416,820    3.1   12.4
Feb 06    413,922    1.4   9.8:  351,555  -1.6   9.6 :  404,262   -0.4    9.6
Jan 06    408,350   -2.6   9.5:  357,261   2.5  12.3 :  405,896   -1.0   11.1
Dec 05    419,154   -0.2  13.7:  348,637   0.2  10.7 :  409,907   -0.2   13.1
Nov 05    420,178    2.7  13.0:  347,773   1.1  10.8 :  410,911    3.2   13.0
Oct 05    408,999    1.5  13.1:  344,062   0.1  11.2 :  398,070    1.0   13.2
Sep 05    402,911    0.7  12.4:  343,701   1.0  12.6 :  394,127    0.6   12.7
Aug 05    400,198    2.6  12.7:  340,277   3.3  12.5 :  391,829    2.9   12.8
Jul 05    390,052   -2.4   9.5:  329,504  -0.9  10.4 :  380,682   -2.1    9.3
Jun 05    399,829    1.5  13.5:  332,447   2.0  12.2 :  389,004    1.1   13.6
May 05    393,875    3.4  13.1:  325,856   0.4  10.6 :  384,629    3.4   13.0
Apr 05    380,848    0.5   9.5:  324,414  -0.6  10.9 :  371,908    0.3    9.7
Mar 05    378,782    0.5   7.1:  326,485   1.8  10.7 :  370,979    0.5    7.8
Feb 05    377,085    1.1  12.6:  320,756   0.8  15.0 :  368,998    1.0   13.4
Jan 05    372,812    1.1  12.2:  318,068   1.0  13.2 :  365,196    0.8   12.6
Dec 04    368,733   -0.8   8.7:  314,914   0.3  11.1 :  362,400   -0.4   10.2
Nov 04    371,871    2.8  10.1:  313,920   1.5  11.7 :  363,676    3.4   10.5
Oct 04    361,655    0.9   5.9:  309,319   1.3   8.9 :  351,589    0.5    6.0
Sep 04    358,497    0.9   7.1:  305,292   1.0   9.5 :  349,749    0.6    7.2
Aug 04    355,241   -0.3   8.3:  302,390   1.3   9.8 :  347,506   -0.3    9.5
Jul 04    356,370    1.2   7.5:  298,551   0.7   8.0 :  348,450    1.7    7.7
Jun 04    352,293    1.2   7.6:  296,337   0.6   8.9 :  342,467    0.6    7.5
May 04    348,145    0.1   7.7:  294,695   0.7   9.6 :  340,418    0.4    8.5
Apr 04    347,897   -1.6   7.9:  292,579  -0.8   9.6 :  338,903   -1.6    8.6
Mar 04    353,560    5.6   7.1:  294,989   5.7   7.4 :  344,257    5.8    7.5
Feb 04    334,748    0.7   1.8:  279,034  -0.7   2.0 :  325,280    0.3    1.9
Jan 04    332,340   -2.0   3.4:  280,905  -0.9   4.3 :  324,261   -1.4    3.0
Dec 03    339,245    0.4   7.5:  283,473   0.9   5.6 :  328,796   -0.1    6.7
Nov 03    337,830   -1.1   5.6:  280,968  -1.1   5.1 :  329,149   -0.8    4.8
Oct 03    341,520    2.1   6.7:  284,046   1.9   5.8 :  331,783    1.7    5.1
Sep 03    334,624    2.0   5.3:  278,800   1.2   3.9 :  326,388    2.8    5.4
Aug 03    328,091   -1.1   0.9:  275,452  -0.3   3.7 :  317,445   -1.9    0.0
Jul 03    331,622    1.3   3.5:  276,413   1.5   4.8 :  323,665    1.6    3.9
Jun 03    327,329    1.3   4.5:  272,207   1.3   2.7 :  318,573    1.6    3.9
May 03    323,239    0.2   0.9:  268,762   0.7   0.0 :  313,625    0.5   -0.3
Apr 03    322,446   -2.3   2.4:  266,987  -2.8   1.1 :  312,020   -2.5    1.1
Mar 03    330,058    0.4   4.7:  274,717   0.4   5.4 :  320,098    0.3    4.8
Feb 03    328,689    2.3   4.5:  273,551   1.5   5.6 :  319,116    1.4    4.5
Jan 03    321,271    1.8   4.9:  269,442   0.4   4.4 :  314,844    2.1    4.3
Dec 02    315,474   -1.4   0.9:  268,326   0.4   0.9 :  308,258   -1.9    0.8
Nov 02    320,028    0.0   3.3:  267,227  -0.4   1.3 :  314,109   -0.5    3.5
Oct 02    319,941    0.6   0.3:  268,406   0.0   1.9 :  315,739    2.0    5.2
Sep 02    317,923   -2.2   2.4:  268,371   1.0   1.1 :  309,644   -2.5    2.6
Aug 02    325,056    1.4   0.9:  265,717   0.8  -3.2 :  317,493    1.9    0.4
Jul 02    320,430    2.3   0.4:  263,682  -0.5  -2.8 :  311,527    1.6   -0.3
Jun 02    313,096   -2.3  -3.1:  265,020  -1.4  -2.6 :  306,562   -2.5   -3.3
May 02    320,345    1.7  -3.6:  268,730   1.7  -4.2 :  314,534    1.9   -3.2
Apr 02    314,985    0.0  -2.4:  264,193   1.4  -2.9 :  308,697    1.1   -2.4
Mar 02    315,117    0.1  -5.6:  260,630   0.6  -6.2 :  305,405    0.0   -5.9
Feb 02    314,657    2.7  -6.2:  259,140   0.4  -9.7 :  305,434    1.2   -7.2
Jan 02    306,399   -2.0  -8.0:  258,054  -3.0 -10.2 :  301,886   -1.3   -8.0
Dec 01    312,638    0.9  -8.7:  266,032   0.8  -7.9 :  305,713    0.7   -9.8
Nov 01    309,854   -2.9  -9.9:  263,885   0.2  -9.2 :  303,624    1.1   -9.7
Oct 01    319,082    2.8  -5.9:  263,324  -0.8  -9.4 :  300,232   -0.5  -10.0
Sep 01    310,429   -3.7 -12.0:  265,366  -3.3  -9.9 :  301,745   -4.5  -13.0
Aug 01    322,195    0.9  -5.8:  274,539   1.2  -5.8 :  316,123    1.2   -5.8
Jul 01    319,215   -1.2  -7.0:  271,169  -0.4  -7.2 :  312,438   -1.4   -7.5
Jun 01    323,203   -2.8 -13.8:  272,150  -3.0  -8.8 :  316,895   -2.5   -9.0
May 01    332,414    3.0  -2.5:  280,549   3.1  -3.3 :  324,977    2.8   -3.2
Apr 01    322,591   -3.4  -7.3:  272,110  -2.0  -7.4 :  316,144   -2.6   -7.8
Mar 01    333,806   -0.5  -2.7:  277,794  -3.2  -4.8 :  324,718   -1.3   -3.9
Feb 01    335,345    0.7   0.7:  286,940  -0.1   2.1 :  329,084    0.3    0.4
Jan 01    333,049   -2.7  -5.0:  287,342  -0.6  -0.6 :  328,216   -3.2   -3.8
Dec 00    342,379   -0.4  -0.6:  288,973  -0.6   0.6 :  338,912    0.8    0.5
Nov 00    343,757    1.4   2.6:  290,625   0.0   2.8 :  336,161    0.8    1.8
Oct 00    339,131   -3.8   0.0:  290,554  -1.3   3.0 :  333,446   -3.9    0.8
Sep 00    352,692    3.1   5.5:  294,438   1.0   4.8 :  347,003    3.4    5.3
Aug 00    342,109   -0.4   2.7:  291,421  -0.3   5.1 :  335,584   -0.6    2.3
Jul 00    343,330   -8.5   4.0:  292,275  -2.1   6.2 :  337,725   -3.0    4.7
Jun 00    375,090   10.0  15.6:  298,452   2.9   9.8 :  348,066    3.7    9.1
May 00    341,093   -2.0   4.8:  290,008  -1.3   7.2 :  335,624   -2.1    5.4
Apr 00    347,981    1.4   8.6:  293,874   0.7   9.4 :  342,944    1.5    9.0
Mar 00    343,170    3.0   5.9:  291,763   3.8   8.7 :  338,014    3.2    6.9
Feb 00    333,119   -5.0   2.3:  281,145  -2.7   4.1 :  327,668   -4.0    2.8
Jan 00    350,761    1.8   8.6:  288,953   0.6   9.6 :  341,253    1.2    8.3
  -By Rodney Christian; Dow Jones Newswires; (202) 646-1880;
   csstat@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=8nLUSqR%2B15oQ%2FMg2D03oHg%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 02, 2009 11:13 ET (15:13 GMT)


Copyright 2009 Dow Jones & Company, Inc.

BOE Miles: Better On Strict Side In Macroprudential Tools

BOE Miles: Better On Strict Side In Macroprudential Tools

LONDON -(Dow Jones)- Bank of England Monetary Policy Committee member David Miles said Thursday that the experience of the financial crisis suggests that it is better to err on the strict side when implementing macroprudential regulation.

In a speech at the London School of Economics, Miles also said he believed that there is no obvious overall loss from house price declines, which create both winners and losers.

He also said it would be sensible to consider whether commission paid to financial intermediaries on mortgage deals is appropriate, and if it should be banned for the same reason that commission on savings products already has been.

"Given what we have been through, I think it makes sense to take more type 1 risk in thinking about regulation; that is, the risk of being too tough on some products and institutions when we need not have been," Miles said.

-By Natasha Brereton, Dow Jones Newswires; +44-20-7842-9254; natasha.brereton@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=8nLUSqR%2B15oQ%2FMg2D03oHg%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 02, 2009 11:12 ET (15:12 GMT)


Copyright 2009 Dow Jones & Company, Inc.

US Jobs-STATS-Historical

US Jobs-STATS-Historical

   Employment in thousands of persons. Average hours and earnings in
dollars. Aggregate hours index (100=2002). Source: U.S. Labor Department.
  NOTE: Establishment data reflects the conversion to the 2002 version
of the North American Industry Classification System (NAICS) as
tabulation basis.

           Nonfarm     Average Wkly  Average Hrly     Aggregate
         Payroll Chan      Hours        Earnings        Hours   Unemploy
Month   Ttl  Manu  Pvt   Total Manuf   Total % chg   Total % chg    Rate
Jun 09  -467 -136 -415    33.0  39.5   18.53   0.0    99.0  -0.8     9.5
May 09  -322 -156 -312    33.1  39.4   18.53   0.2    99.8  -0.3     9.4
Apr 09  -519 -150 -592    33.1  39.6   18.50   0.0   100.1  -0.6     8.9
Mar 09  -652 -172 -648    33.1  39.4   18.50   0.2   100.7  -1.2     8.5
Feb 09  -681 -172 -688    33.3  39.5   18.46   0.2   101.9  -0.6     8.1
Jan 09  -741 -262 -749    33.3  39.8   18.43   0.2   102.5  -0.7     7.6
Dec 08  -681 -180 -670    33.3  39.9   18.40   0.3   103.2  -0.9     7.2
Nov 08  -597 -121 -601    33.4  40.2   18.34   0.3   104.1  -0.9     6.8
Oct 08  -380 -119 -384    33.5  40.4   18.28   0.6   105.0  -1.0     6.6
Sep 08  -403  -69 -384    33.6  40.5   18.17   0.2   106.1  -0.7     6.2
Aug 08  -127  -61 -139    33.7  40.9   18.14   0.4   106.8  -0.1     6.1
Jul 08   -67  -40 -106    33.7  41.0   18.06   0.3   106.9  -0.1     5.7
Jun 08  -100  -44 -110    33.7  41.0   18.00   0.3   107.0  -0.1     5.5
May 08   -47  -21  -99    33.7  41.0   17.95   0.3   107.1  -0.4     5.5
Apr 08   -67  -52  -91    33.8  41.0   17.89   0.1   107.5  -0.1      5.
Mar 08   -88  -46 -103    33.8  41.2   17.87   0.3   107.6   0.3     5.1
Feb 08   -83  -47 -109    33.7  41.1   17.81   0.3   107.3  -0.1     4.8
Jan 08   -76  -35  -79    33.7  41.1   17.75   0.3   107.4  -0.4     4.9
Dec 07    41  -22  -14    33.8  41.1   17.70   0.3   107.8   0.1     5.0
Nov 07    60   -3   44    33.8  41.3   17.64   0.3   107.7   0.0     4.7
Oct 07   140  -25  105    33.8  41.2   17.59   0.1   107.7   0.1     4.8
Sep 07    81  -22   66    33.8  41.4   17.57   0.3   107.6   0.2     4.7
Aug 07    74  -40   32    33.8  41.3   17.51   0.2   107.4   0.0     4.7
Jul 07    57   -6   89    33.8  41.4   17.47   0.3   107.4  -0.2     4.7
Jun 07   107  -20   91    33.9  41.4   17.41   0.4   107.6   0.5     4.6
May 07   162  -12  137    33.8  41.1   17.34   0.3   107.1   0.3     4.5
Apr 07    46  -31   28    33.8  41.1   17.29   0.3   106.8  -0.3     4.5
Mar 07   177  -35  161    33.9  41.2   17.24   0.4   107.1   0.8     4.4
Feb 07    25  -27    1    33.7  40.9   17.17   0.3   106.2  -0.3     4.5
Jan 07   126  -18  106    33.8  40.9   17.12   0.3   106.5  -0.2     4.6
Dec 06   199  -22  189    33.9  41.1   17.07   0.5   106.7   0.5     4.4
Nov 06   182  -35  171    33.8  41.0   16.99   0.2   106.2  -0.1     4.5
Oct 06    73  -48   67    33.9  41.2   16.95   0.4   106.3   0.4     4.4
Sep 06   165  -22  119    33.8  41.1   16.88   0.3   105.9  -0.3     4.5
Aug 06   191  -17  173    33.9  41.2   16.83   0.2   106.2   0.2     4.7
Jul 06   262  -23  184    33.9  41.4   16.79   0.4   106.0   0.2     4.7
Jun 06    94   10   98    33.9  41.2   16.72   0.4   105.8   0.4     4.6
May 06    22  -26   16    33.8  41.1   16.66   0.0   105.4  -0.2     4.7
Apr 06   147    8  134    33.9  41.2   16.66   0.7   105.6   0.5     4.7
Mar 06   259   -1  237    33.8  41.1   16.55   0.4   105.1   0.3     4.7
Feb 06   273   -5  248    33.8  41.1   16.49   0.4   104.8   0.0     4.7
Jan 06   232    9  267    33.9  41.0   16.43   0.4   104.8   0.6     4.7
Dec 05   152    5  132    33.8  40.8   16.37   0.4   104.2   0.2     4.8
Nov 05   361    1  323    33.8  40.9   16.31   0.1   104.0   0.4     5.0
Oct 05   105   19  123    33.8  41.0   16.30   0.6   103.6   0.1      5.
Sep 05   110  -23  126    33.8  40.7   16.20   0.1   103.5   0.5     5.1
Aug 05   213  -11  203    33.7  40.5   16.18   0.2   103.0   0.2     4.9
Jul 05   368   -7  273    33.7  40.4   16.15   0.4   102.8   0.2     5.0
Jun 05   261  -27  278    33.7  40.4   16.08   0.2   102.6   0.4     5.0
May 05   177    0  166    33.7  40.4   16.05   0.2   102.2  -0.2     5.1
Apr 05   332  -18  306    33.8  40.5   16.02   0.3   102.4   0.7     5.1
Mar 05   119   -5  125    33.7  40.4   15.98   0.3   101.7  -0.2     5.2
Feb 05   209    9  209    33.8  40.6   15.93   0.1   101.9   0.6     5.4
Jan 05   125  -25   95    33.7  40.7   15.91   0.3   101.3  -0.2     5.2
Dec 04   144  -22  131    33.8  40.6   15.87   0.1   101.5   0.8     5.4
Nov 04    63  -23   40    33.6  40.5   15.85   0.2   100.7  -0.3     5.4
Oct 04   359    0  322    33.7  40.6   15.82   0.2   101.0   0.1     5.5
Sep 04   176  -12  171    33.8  40.8   15.79   0.3   100.9   0.5     5.4
Aug 04    83    2   83    33.7  40.8   15.75   0.3   100.4   0.2     5.4
Jul 04   112   11   50    33.7  40.9   15.71   0.3   100.2   0.4     5.5
Jun 04    89   -7  111    33.6  40.7   15.67   0.2    99.8  -0.4     5.6
May 04   282   25  296    33.8  41.1   15.64   0.3   100.2   0.6     5.6
Apr 04   270   27  244    33.7  40.8   15.60   0.2    99.6   0.3     5.6
Mar 04   334    9  291    33.7  40.9   15.57   0.2    99.3   0.0     5.8
Feb 04    27  -16   19    33.8  41.0   15.54   0.2    99.3   0.0     5.6
Jan 04   142   -7  155    33.8  40.9   15.51   0.2    99.3   0.7     5.7
Dec 03   124  -15  113    33.6  40.7   15.48   0.1    98.6  -0.2     5.7
Nov 03    18  -19   41    33.7  40.9   15.47   0.3    98.8   0.0     5.8
Oct 03   203  -13  149    33.7  40.6   15.43   0.1    98.8   0.4     6.0
Sep 03   103  -31  155    33.6  40.5   15.42   0.0    98.4  -0.1     6.1
Aug 03   -42  -23   35    33.7  40.2   15.42   0.1    98.5   0.3     6.1
Jul 03    25  -92   -2    33.6  40.0   15.40   0.3    98.2   0.0     6.2
Jun 03    -2  -63  -41    33.6  40.3   15.36   0.1    98.2  -0.3     6.3
May 03    -6  -52   22    33.7  40.2   15.34   0.4    98.5   0.2     6.1
Apr 03   -49 -114  -34    33.6  40.0   15.28  -0.1    98.3  -0.6     6.0
Mar 03  -212  -58 -198    33.8  40.4   15.29   0.0    98.9   0.3     5.9
Feb 03  -158  -87 -156    33.6  40.2   15.29   0.5    98.6  -0.8     5.9
Jan 03    83  -43   45    33.8  40.3   15.22   0.1    99.4   0.1     5.8
Dec 02  -156  -82 -163    33.8  40.5   15.21   0.4    99.3  -0.3     6.0
Nov 02     8  -67  -14    33.8  40.4   15.15   0.2    99.6   0.0     5.9
Oct 02   126  -56  113    33.8  40.3   15.12   0.3    99.6  -0.2     5.7
Sep 02   -55  -49  -12    33.9  40.5   15.07   0.3    99.8  -0.1     5.7
Aug 02   -16  -86  -61    33.9  40.5   15.02   0.3    99.9   0.3     5.7
Jul 02   -97  -47  -92    33.8  40.4   14.98   0.2    99.6  -0.5     5.8
Jun 02    45  -41   10    33.9  40.7   14.95   0.3   100.1  -0.1     5.8
May 02    -7  -56  -78    33.9  40.6   14.88   0.2   100.2  -0.2     5.8
Apr 02   -85  -52  -97    33.9  40.5   14.83   0.1   100.4  -0.1     5.9
Mar 02   -24  -72  -65    33.9  40.5   14.82   0.2   100.5   0.2     5.7
Feb 02  -147  -80 -160    33.8  40.3   14.79   0.2   100.3   0.0     5.7
Jan 02  -132 -112 -154    33.8  40.2   14.76   0.2   100.3  -0.4     5.7
Dec 01  -178 -115 -207    33.9  40.3   14.75   0.3   100.7   0.2     5.7
Nov 01  -292 -146 -343    33.8  40.1   14.72   0.3   100.5  -0.1     5.5
Oct 01  -325 -142 -358    33.7  40.1   14.66   0.2   100.6  -0.6     5.3
Sep 01  -244 -112 -268    33.8  40.2   14.64   0.4   101.2  -0.6     5.0
Aug 01  -160 -153 -193    33.9  40.3   14.60   0.3   101.8  -0.5     4.9
Jul 01  -125 -138 -173    34.0  40.6   14.56   0.3   102.3  -0.1     4.6
Jun 01  -128 -146 -236    34.0  40.3   14.55   0.4   102.4  -0.2     4.5
May 01   -44 -141  -81    34.0  40.4   14.50   0.2   102.6  -0.1     4.3
Apr 01  -281 -136 -328    34.0  40.5   14.45   0.2   102.7  -0.6     4.4
Mar 01   -30  -90  -69    34.1  40.5   14.42   0.4   103.3   0.3     4.3
Feb 01    61  -85  -10    34.0  40.5   14.38   0.5   103.0  -0.7     4.2
Jan 01   -16  -64  -47    34.2  40.7   14.29   0.1   103.7   0.5     4.2
Dec 00   138  -24   94    34.0  40.4   14.28   0.4   103.2  -0.5     3.9
Nov 00   231  -13  214    34.2  41.1   14.23   0.4   103.7  -0.2     3.9
Oct 00   -11  -11  -19    34.3  41.1   14.18   0.5   103.9   0.3     3.9
Sep 00   122  -60  224    34.2  41.0   14.12   0.3   103.6   0.2     3.9
Aug 00     3  -35   33    34.2  41.0   14.07   0.4   103.4  -0.3     4.1
Jul 00   163   23  183    34.3  41.5   14.03   0.2   103.7   0.2     4.0
Jun 00   -46   19  214    34.3  41.3   13.98   0.4   103.5   0.2     4.0
May 00   225  -19 -120    34.3  41.3   13.94   0.2   103.3  -0.4     4.0
Apr 00   286   -4  217    34.4  41.5   13.91   0.4   103.7   0.5     3.8
Mar 00   472   18  338    34.3  41.4   13.85   0.3   103.2   0.0     4.0
Feb 00   121   -8   93    34.4  41.6   13.80   0.4   103.2   0.1     4.1
Jan 00   249   15  218    34.4  41.5   13.75   0.4   103.1   0.2     4.0
Dec 99   294   -4  250    34.4  41.4   13.70   0.3   102.9   0.3     4.0
Nov 99   294    8  255    34.4  41.4   13.66   0.1   102.6   0.2     4.1
Oct 99   408   -6  355    34.4  41.4   13.64   0.2   102.4   0.4     4.1
Sep 99   202   -7  173    34.4  41.5   13.61   0.4   102.0   0.1     4.2
Aug 99   192  -22  156    34.4  41.5   13.55   0.2   101.9   0.2     4.2
Jul 99   291   12  224    34.4  41.4   13.52   0.3   101.7   0.2     4.3
Jun 99   266  -37  223    34.4  41.3   13.47   0.4   101.5   0.2     4.3
May 99   213  -10  221    34.4  41.4   13.43   0.3   101.3   0.2     4.2
Apr 99   376  -25  307    34.4  41.3   13.38   0.4   101.1   0.6     4.3
Mar 99   106  -27   82    34.3  41.3   13.34   0.3   100.5  -0.3     4.2
Feb 99   410  -37  350    34.4  41.4   13.30   0.2   100.8   0.4     4.4
Jan 99   121  -15  116    34.4  41.3   13.27   0.4   100.4  -0.2     4.3
Dec 98   342  -18  307    34.5  41.5   13.21   0.3   100.6   0.3     4.4 

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=8nLUSqR%2B15oQ%2FMg2D03oHg%3D%3D. You can use this link on the day this article is published and the following day.

(MORE TO FOLLOW) Dow Jones Newswires

July 02, 2009 10:39 ET (14:39 GMT)


Copyright 2009 Dow Jones & Company, Inc.

US Jobs-STATS-Historical -2-

US Jobs-STATS-Historical -2-

Nov 98   284  -46  241    34.5  41.4   13.18   0.2   100.3   0.2     4.4
Oct 98   193  -46  177    34.5  41.4   13.14   0.3   100.1   0.4     4.5
Sep 98   218   -6  192    34.4  41.3   13.11   0.2    99.7  -0.1     4.6
Aug 98   352  142  323    34.5  41.4   13.09   0.5    99.8   0.3     4.5
Jul 98   119 -188   68    34.5  41.4   13.01   0.2    99.5   0.3     4.5
Jun 98   212  -14  208    34.4  41.4   12.99   0.3    99.2  -0.1     4.5
May 98   401  -12  342    34.5  41.5   12.96   0.3    99.3   0.3     4.4
Apr 98   277   -2  253    34.5  41.3   12.92   0.4    99.0   0.3     4.3
Mar 98   144   10  138    34.5  41.6   12.88   0.3    98.7  -0.3     4.7
Feb 98   189    4  173    34.6  41.7   12.84   0.5    99.0   0.2     4.6
Jan 98   268   34  264    34.6  41.9   12.79   0.2    98.8   0.2     4.6
Dec 97   298   32  293    34.6  42.0   12.73   0.2    98.6   0.3     4.7
Nov 97   307   42  284    34.6  41.8   12.70   0.4    98.3   0.5     4.6
Oct 97   339   47  280    34.5  41.8   12.65   0.5    97.8  -0.1     4.7
Sep 97   506   15  444    34.6  41.7   12.58   0.3    97.9   0.5     4.9
Aug 97    -7   64   62    34.6  41.6   12.55   0.6    97.4   0.2     4.8
Jul 97   276    0  250    34.5  41.6   12.48   0.2    97.2   0.6     4.9
Jun 97   246   25  187    34.4  41.6   12.45   0.3    96.6  -0.2     5.0
May 97   262   11  264    34.5  41.7   12.42   0.3    96.8   0.0     4.9
Apr 97   291   12  296    34.6  41.8   12.37   0.2    96.8   0.6     5.1
Mar 97   317   23  307    34.5  41.8   12.35   0.4    96.2   0.2     5.2
Feb 97   294   18  289    34.5  41.6   12.30   0.2    96.0   0.9     5.2
Jan 97   229   13  207    34.3  41.4   12.27   0.3    95.1  -0.1     5.3
Dec 96   177    9  171    34.4  41.7   12.23   0.3    95.2   0.2     5.4
Nov 96   292    8  281    34.4  41.5   12.19   0.4    95.0   0.2     5.4
Oct 96   238   15  251    34.4  41.4   12.14   0.3    94.8   0.3     5.2
Sep 96   218   -2  155    34.4  41.6   12.12   0.3    94.5   0.4     5.2
Aug 96   203   33  246    34.3  41.5   12.08   0.3    94.1   0.2     5.1
Jul 96   228   -4  209    34.3  41.4   12.04   0.2    93.9   0.0     5.5
Jun 96   271    5  272    34.4  41.5   12.02   0.6    93.9   0.5     5.3
May 96   329   17  315    34.3  41.3   11.96   0.2    93.4   0.5     5.6
Apr 96   165   12  182    34.2  41.2   11.94   0.4    92.9   0.0     5.6
Mar 96   255  -37  208    34.3  41.1   11.88   0.2    92.9   0.2     5.5
Feb 96   435   23  400    34.3  41.3   11.86   0.2    92.7   2.0     5.5
Jan 96   -18  -24   -2    33.8  39.7   11.84   0.3    90.9  -1.3     5.6
Dec 95   140   23  137    34.2  40.9   11.79   0.3    92.1  -0.1     5.6
Nov 95   144   -8  145    34.3  41.3   11.77   0.2    92.2   0.1     5.6
Oct 95   149  -31  115    34.3  41.2   11.75   0.3    92.1   0.1     5.5
Sep 95   239    5  238    34.3  41.2   11.71   0.3    92.0   0.3     5.6
Aug 95   278   23  286    34.3  41.2   11.68   0.2    91.7   0.2     5.7
Jul 95    71  -32   79    34.3  41.1   11.66   0.4    91.5   0.1     5.7
Jun 95   227  -10  200    34.3  41.2   11.62   0.4    91.4   0.6     5.6
May 95    -9  -18    7    34.2  41.2   11.58   0.2    90.9  -0.3     5.6
Apr 95   163   15  156    34.3  41.2   11.56   0.2    91.2  -0.1     5.8
Mar 95   220   -1  200    34.4  41.5   11.54   0.3    91.3   0.2     5.4
Feb 95   211    5  201    34.4  41.7   11.52   0.3    91.1  -0.1     5.4
Jan 95   321   41  312    34.5  41.8   11.47   0.2    91.2   0.3     5.6
Dec 94   270   31  249    34.5  41.8   11.46   0.3    90.9   0.3     5.5
Nov 94   425   43  402    34.5  41.8   11.43   0.1    90.6   0.4     5.6
Oct 94   206   30  199    34.5  41.8   11.42   0.4    90.2   0.6     5.8
Sep 94   354   32  323    34.4  41.6   11.37   0.3    89.7   0.0     5.9
Aug 94   303   55  298    34.5  41.7   11.34   0.2    89.7   0.0     6.0
Jul 94   359   16  332    34.6  41.8   11.33   0.3    89.7   0.7     6.1
Jun 94   310   49  300    34.5  41.8   11.30   0.2    89.1   0.3     6.1
May 94   339   30  298    34.5  41.8   11.28   0.2    88.8   0.3     6.1
Apr 94   357   36  324    34.5  41.7   11.26   0.2    88.5   0.5     6.4
Mar 94   468   34  428    34.5  41.7   11.23   0.1    88.1   1.4     6.5
Feb 94   192    9  189    34.2  40.9   11.23   0.3    86.9  -0.3     6.6
Jan 94   270   38  232    34.4  41.4   11.19   0.3    87.2   NA      6.6
  -By Rodney Christian; Dow Jones Newswires; 202-646-1880;
   csstat@dowjones.com
   Related Fixed Story Numbers:
    84731    Levels (STATS)
    84881    Average Hourly Earnings (STATS)
    84882    Index of Aggregates Weekly Hours (STATS)
    84412    Quarterly Averages (STATS)
    84697    ODJ Survey of Forecasters (STATS)
    84698    ODJ Survey of Forecasters-Latest 6 Mos (STATS)
    80055-57 US Monthly Economic Calendar (STATS)

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=8nLUSqR%2B15oQ%2FMg2D03oHg%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 02, 2009 10:39 ET (14:39 GMT)


Copyright 2009 Dow Jones & Company, Inc.

US Jobs-STATS-Average Hourly Earnings

US Jobs-STATS-Average Hourly Earnings

   Average hourly earnings in dollars of production or nonsupervisory
workers on private nonfarm payrolls by industry, seasonally adjusted.
Percent changes are from prior month unless otherwise noted.  1/
denotes the Consumer Price Index for Urban Wage Earners and Clerical
Workers (CPI-W) used to deflate this series. 2/ derived by workers
assuming that overtime hours are paid at the rate of time and one-half.
R denotes revision. na denotes not available. Source: US Labor Department.
  NOTE: Data reflect the conversion to the 2002 version of the North
American Industry Classification System (NAICS) as tabulation basis.

                                             ----Percent Changes----
                                                                   Jun 09 -
Total private:                    Jun/p  May/r  Apr/r  Mar/r  Feb/r Jun 08
  current dollars                  0.0    0.2    0.0    0.2    0.2    2.7
  constant (1982) dollars 1/         NA   0.0    0.1    0.3   -0.3      NA
Goods-producing                     0.0    0.1   -0.2    0.4    0.3    3.0
Natural resources and mining       0.9   -0.3    0.2    0.8    0.0    6.7
Construction                       0.0    0.2   -0.2    0.8    0.0    3.8
Manufacturing                     -0.1    0.0    0.1    0.2    0.4    2.1
  excluding overtime 2/           -0.1   -0.1   -0.1    0.3    0.6    3.2
 Durable goods                    -0.3    0.2    0.1    0.4    0.5    2.5
 Nondurable goods                  0.5   -0.2    0.2   -0.2    0.4    2.7
  Private service-producing        0.0    0.2    0.1    0.2    0.2    2.8
Trade, transportation, and util   -0.4    0.2    0.0    0.0    0.1    1.2
 Wholesale trade                  -0.6    0.8    0.5    0.3    0.5    3.2
 Retail trade                      0.0    0.0   -0.1    0.1   -0.1    0.7
 Transportation/warehousing       -0.8   -0.1   -0.3    0.1   -0.3    0.3
 Utilities                        -1.0    0.4   -0.1   -1.2    1.5    0.0
Information                        0.0    0.6   -0.1    0.9    0.4    2.7
Financial activities               0.4    0.5    0.1    0.3    0.1    2.9
Professional business services     0.4    0.0    0.0    0.4    0.6    6.0
Education and health services      0.3    0.1    0.5    0.0    0.3    3.0
Leisure and hospitality           -0.3    0.1   -0.1    0.1    0.0    0.9
Other Services                     0.0    0.2   -0.1   -0.1   -0.3    1.0

                                                    ----Levels----
Total private:                     Jun/p  May/r  Apr/r  Mar/r  Feb/r Jun 08
  current dollars                18.53  18.53  18.50  18.50  18.46  18.04
  constant (1982) dollars 1/        na   8.65   8.65   8.64   8.61   8.20
Goods-producing                   19.84  19.84  19.82  19.85  19.78  19.27
Natural resources and mining     23.51  23.31  23.38  23.33  23.14  22.04
Construction                     22.59  22.60  22.55  22.59  22.42  21.77
Manufacturing                    18.10  18.11  18.11  18.10  18.07  17.73
  excluding overtime 2/          17.48  17.49  17.51  17.52  17.47  16.94
 Durable goods                   19.16  19.22  19.18  19.17  19.09  18.70
 Nondurable goods                16.55  16.46  16.49  16.46  16.49  16.11
  Private service-producing      18.24  18.24  18.21  18.20  18.17  17.74
Trade, transportation, and util  16.35  16.41  16.38  16.38  16.38  16.16
 Wholesale trade                 20.75  20.87  20.70  20.59  20.52  20.11
 Retail trade                    12.96  12.96  12.96  12.97  12.96  12.87
 Transportation/warehousing      18.47  18.61  18.62  18.68  18.67  18.41
 Utilities                       29.11  29.40  29.29  29.31  29.67  29.12
Information                      25.45  25.44  25.28  25.31  25.09  24.78
Financial activities             20.82  20.74  20.64  20.62  20.55  20.24
Professional business services   22.35  22.27  22.26  22.26  22.17  21.08
Education and health services    19.40  19.35  19.33  19.24  19.24  18.84
Leisure and hospitality          10.95  10.98  10.97  10.98  10.97  10.85
Other Services                   16.25  16.25  16.22  16.23  16.25  16.09
  -By Rodney Christian; Dow Jones Newswires; 202-646-1880;
   csstat@dowjones.com
   Related Fixed Story Numbers:
    84413    Summary (STATS)
    84731    Levels (STATS)
    84481    Hourly Earnings Rate, 3-Mo. Moving Avg. (STATS)
    84791    Historical (STATS)
    84697    ODJ Survey of Forecasters (STATS)
    84698    ODJ Survey of Forecasters-Latest 6 Mos (STATS)
    80055-57 US Monthly Economic Calendar (STATS)

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=8nLUSqR%2B15oQ%2FMg2D03oHg%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 02, 2009 10:38 ET (14:38 GMT)


Copyright 2009 Dow Jones & Company, Inc.

US Jobs-STATS-Summary

US Jobs-STATS-Summary

   Employment and labor force changes in thousands. Workweek and
overtime in hours, and earnings in dollars. All data seasonally adjusted.
  NOTE: Data reflect the conversion to the 2002 version of the North
American Industry Classification System (NAICS) as tabulation basis.

ESTABLISHMENT SURVEY              Jun     May     Apr     Mar
Nonfarm payroll jobs change      -467    -322    -519    -652
 change from prior estimate       NA    -476    -605    -855
 Private payroll jobs           -415    -312    -592    -648
Goods-producing                 -223    -215    -267    -312
 construction                    -79     -48    -103    -123
 manufacturing                  -136    -156    -150    -172
Service-producing               -244    -107    -252    -340
  retail trade                   -21     -18     -33     -62
  transporation                  -14     -20     -44     -32
  government                     -52     -10      73      -4
Avg hours worked                 33.0    33.1    33.1    33.1
manufacturing                   39.5    39.4    39.6    39.4
Avg hourly earnings             18.53   18.53   18.50   18.50
  percent change                 0.0     0.2     0.0     0.2
Avg weekly earnings            614.72  613.05  612.56  612.56
  percent change                 0.3     0.1     0.0     0.0
Aggregate weekly hours           99.0    99.8   100.1   100.7
  percent change                -0.8    -0.3    -0.6    -1.2
manufacturing hours             75.1    76.0    77.5    78.3
  percent change                -1.2    -0.3    -0.6    -1.2
HOUSEHOLD SURVEY
Civilian labor force change      -155     350     683    -166
civilian employment             -374    -437     120    -861
Unemployment rate                 9.5     9.4     8.9     8.5
  -By Rodney Christian; Dow Jones Newswires; 202-646-1880;
   csstat@dowjones.com
   Related Fixed Story Numbers:
    84731    Levels (STATS)
    84881    Average Hourly Earnings (STATS)
    84882    Index of Aggregates Weekly Hours (STATS)
    84791    Historical (STATS)
    84481    Hourly Earnings Rate, 3-Mo. Moving Avg. (STATS)
    84697    ODJ Survey of Forecasters (STATS)
    84698    ODJ Survey of Forecasters-Latest 6 Mos (STATS)
    80055-57 US Monthly Economic Calendar (STATS)

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=8nLUSqR%2B15oQ%2FMg2D03oHg%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 02, 2009 10:37 ET (14:37 GMT)


Copyright 2009 Dow Jones & Company, Inc.

US Jobs-STATS-Levels For Feb Through Jun

US Jobs-STATS-Levels For Feb Through Jun

    Employment in thousands of persons. Workweek and overtime in
hours, and earnings in dollars. NSA denotes not seasonally adjusted.
A denotes index of aggregate weekly hours in pct (100=1982).
P denotes in percent. Source: U.S. Labor Department.

  NOTE: Data reflect the conversion to the 2002 version of the North
American Industry Classification System (NAICS) as tabulation basis.

 --Non-farm payroll survey--      Jun      May      Apr      Mar      Feb
Total nonfarm                   131,692  132,159  132,481  133,000  133,652
 Private payroll jobs          109,138  109,553  109,865  110,457  111,105
Goods producing                  18,815   19,038   19,253   19,520   19,832
natural resources and mining       721      729      740      754      771
construction                     6,240    6,319    6,367    6,470    6,593
manufacturing                   11,854   11,990   12,146   12,296   12,468
  production workers             8,288    8,403    8,532    8,654    8,804
service-producing              112,877  113,121  113,228  113,480  113,820
 private service-producing      90,323   90,515   90,612   90,937   91,273
  retail trade                  14,801   14,822   14,840   14,872   14,934
  transportation/warehousing     4,218    4,232    4,252    4,296    4,327
  financial activities           7,754    7,781    7,811    7,857    7,898
     real estate/rental/leasi    1,990    1,999    2,012    2,027    2,044
  professional/business servi   16,617   16,735   16,783   16,910   17,029
     employment services         2,460    2,496    2,506    2,567    2,639
  government                    22,554   22,606   22,616   22,543   22,547
    federal                      2,807    2,856    2,876    2,808    2,796
    state                          706      709      721      722      725
    local                        8,084    8,080    8,081    8,079    8,077
     education                   6,472    6,475    6,469    6,470    6,483
Average workweek                   33.0     33.1     33.1     33.1     33.3
manufacturing                     39.5     39.4     39.6     39.4     39.5
Manufacturing overtime              2.8      2.8      2.7      2.6      2.7
Average hourly earnings/NSA       18.49    18.41    18.40    18.40    18.40
Average hourly earnings           18.53    18.53    18.50    18.50    18.46
manufacturing/NSA                18.05    18.06    17.94    17.94    17.94
Average weekly earnings/NSA      608.32   611.21   620.08   620.08   620.08
Average weekly earnings          614.72   613.05   612.56   612.56   612.56
manufacturing/NSA               711.17   727.82   726.57   726.57   726.57
Aggregate weekly hours/A           99.0     99.8    100.1    100.7    101.9
manufacturing                     75.1     76.0     77.5     78.3     79.8
 --Household survey--
Civilian labor force            154,926  155,081  154,731  154,048  154,214
participation rate/P              65.7     65.9     65.8     65.5     65.6
Civilian employment             140,196  140,570  141,007  140,887  141,748
Civilian unemployment            14,729   14,511   13,724   13,161   12,467
employment-population ratio/P     59.5     59.7     59.9     59.9     60.3
Civilian jobless rate/P             9.5      9.4      8.9      8.5      8.1
 jobless rate for men/P           10.0      9.8      9.4      8.8      8.1
 jobless rate for women/P          7.6      7.5      7.1      7.0      6.7
Non-farm industries             137,812  138,296  138,828  138,842  139,579
Persons at work part time (all industries):
  for economic reasons           8,989    9,084    8,910    9,049    8,626
    slack work/business          6,783    6,794    6,699    6,857    6,443
    only found part time         1,980    1,922    1,810    1,839    1,764
  non-economic reasons          18,718   18,872   19,065   18,833   18,855
Job leavers                         822      822      910      890      887
  -By Rodney Christian; Dow Jones Newswires; 202-646-1880;
   csstat@dowjones.com
   Related Fixed Story Numbers:
    84413    Summary (STATS)
    84881    Average Hourly Earnings (STATS)
    84882    Index of Aggregates Weekly Hours (STATS)
    84791    Historical (STATS)
    84481    Hourly Earnings Rate, 3-Mo. Moving Avg. (STATS)
    84697    ODJ Survey of Forecasters (STATS)
    84698    ODJ Survey of Forecasters-Latest 6 Mos (STATS)
    80055-57 US Monthly Economic Calendar (STATS)

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=8nLUSqR%2B15oQ%2FMg2D03oHg%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 02, 2009 10:37 ET (14:37 GMT)


Copyright 2009 Dow Jones & Company, Inc.

CORRECT: IMF Praises Serbia's Response To Econ Crisis

CORRECT: IMF Praises Serbia's Response To Econ Crisis

("IMF Praises Serbia's Response To Econ Crisis," at 1408 GMT, misstated the day the comments were made in the first paragraph. The correct version follows:)

BELGRADE (AFP)--The International Monetary Fund Thursday praised Serbia's response to the global economic crisis, saying early action stabilized its currency and financial system as well as boosted confidence.

"I think we have very good results on this program that the government has implemented since the crisis started. The government has been very proactive," IMF Deputy Managing Director Murillo Portugal told reporters in Belgrade.

Serbia is one of several countries to have turned to the IMF for financial aid from central and eastern Europe, one of the regions hardest hit by the global recession.

Earlier this year, it secured an IMF standby loan worth EUR3 billion with stringent conditions to reduce public spending.

"The results have been positive in general - the exchange rate is stable, the financial system is stable, confidence has returned," said Portugal, in the Balkan country to mark the 100th anniversary of its central bank.

The IMF deputy cautioned that "on the real economy, we are facing a much tougher environment than we had thought initially when the program was established.

"But I am confident that the situation is going to develop favorably," he added.

An IMF mission is scheduled to visit Serbia in August for status talks on the standby loan following concerns the country was at risk of breaching the agreed budget deficit of 3% of gross domestic product.

"It's too early to respond to the question whether the IMF is going to accept a higher fiscal deficit or not," Portugal said in answer to a reporter.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=8nLUSqR%2B15oQ%2FMg2D03oHg%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 02, 2009 10:27 ET (14:27 GMT)


Copyright 2009 Dow Jones & Company, Inc.

UPDATE: German Min:No Credit Squeeze Now, Calls On Bks Duty

UPDATE: German Min:No Credit Squeeze Now, Calls On Bks Duty

   (Adds comments)

BERLIN -(Dow Jones)- There is currently no credit squeeze in Germany but difficulties might arise in the second half of this year, German Finance Minister Peer Steinbrueck said Wednesday.

Speaking to reporters on the sidelines of a DGB trade union umbrella group conference, Steinbrueck said he sees it as the banks' "duty to ensure that we don't get at all close to a credit squeeze."

He said there is the threat of credit difficulties in the second half of the year and is critical of the trend where banks use additional provided liquidity to expand mainly their trading activities.

Recent data showed that the European Central Bank's huge liquidity injections so far have failed to encourage banks to lend more to households and companies in the euro zone. ECB data suggest that banks have been hoarding much of the liquidity they were given.

Steinbrueck also said governments now must ensure they implement rules that will prevent a repetition of the financial crisis.

He warned against what he called "suspicious" reactions, particularly from the U.K. where the City of London has great political influence.

"They have in mind a restoration, a pure restoration, to restore old conditions as much as possible," he said, sharply criticizing financial market participants in London. "It's noticeable that they are trying to maintain their arbitrage advantages. Wall Street and the City of London won't lose their status suddenly, but their relative position will change."

  Web site: www.bundesfinanzministerium.de

-By Andrea Thomas, Dow Jones Newswires; +49-(0)30-2888-4126; andrea.thomas@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=kO8CanuSLXtXGr9ppgBt7Q%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 01, 2009 08:15 ET (12:15 GMT)


Copyright 2009 Dow Jones & Company, Inc.

UK's Brown: Wrong To Have Spending Review Now

UK's Brown: Wrong To Have Spending Review Now

LONDON -(Dow Jones)- U.K. Prime Minister Gordon Brown said it would be "completely" wrong to go ahead with a spending review at this stage.

Brown's comments were made during the weekly question and answer session in parliament.

His comments echo similar remarks from Chancellor of the Exchequer Alistair Darling and Business Secretary Peter Mandelson in recent days.

The two main political parties have been trading blows in recent days over future spending plans, with the opposition Conservative party accusing Brown's Labour party of deceit over spending plans.

They have said the government's decision not to go ahead with a planned spending review for the 2011-14 period is designed to avoid admitting a future Labour government would have to cut public spending.

An election must be held by mid-2010.

Brown again said that day-to-day current spending "will rise and continue to rise."

He said Conservative calls for constraining spending as soon as this year would result in thousands being left jobless.

Conservative leader David Cameron said Brown wasn't "being straight with the British public."

-By Laurence Norman, Dow Jones Newswires; 44-207-842-9270; laurence.norman@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=kO8CanuSLXtXGr9ppgBt7Q%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 01, 2009 08:06 ET (12:06 GMT)


Copyright 2009 Dow Jones & Company, Inc.

Russia's Oil Wealth Funds Down To RUB5.771 Trillion July 1

Russia's Oil Wealth Funds Down To RUB5.771 Trillion July 1

.

MOSCOW (Dow Jones)--Russia's two oil-wealth funds fell to 5.771 trillion rubles ($185.04 billion) in June from RUB5.911 trillion a month earlier, the Finance Ministry said Wednesday.

Assets in Russia's Reserve Fund were RUB2.958 trillion as of July 1, while the National Welfare Fund was RUB2.814 trillion.

Russia officially split its Stabilization Fund into two separate entities Feb. 1.

The Reserve Fund accumulates oil and gas windfall revenue and its assets might be used to finance budget shortfalls or to repay debt, if necessary. The National Welfare Fund supports the country's pension system.

The Reserve Fund can't exceed 10% of the country's gross domestic product, with anything above that limit transferred to the National Welfare Fund.

Ministry Web site: www.minfin.ru

-By Lidia Kelly, Dow Jones Newswires; +7 495 937 8445; lidia.kelly@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=kO8CanuSLXtXGr9ppgBt7Q%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 01, 2009 08:00 ET (12:00 GMT)


Copyright 2009 Dow Jones & Company, Inc.

UPDATE:Asian Shares End Mixed;Shanghai Stocks Soar 1.7% On PMI

UPDATE:Asian Shares End Mixed;Shanghai Stocks Soar 1.7% On PMI

(updates with India closing prices.)

By V. Phani Kumar, Colin Ng and Philip Vahn

SINGAPORE (Dow Jones)--Asian stock markets finished mixed on Wednesday, with Chinese stocks ending at their highest level in more than a year after data showed an improvement in manufacturing activity.

Japanese shares ended slightly lower after a turbulent session as investors considered a slightly weaker-than-expected result from the Bank of Japan's tankan survey, while Australian stocks declined, tracking an overnight fall on Wall Street.

"The lack of buying today was very evident," said Stuart Smith, a private client adviser at Bell Potter Securities. "It was just a crescendo leading up to the 30th of June. On the first of July (the start of a new financial year in Australia), the market let out a breath."

Japan's Nikkei 225 Average ended 0.2% lower at 9939.93. For the second straight session, the benchmark crossed the 10,000-point milestone intraday, but couldn't stay above the level.

Hong Kong stock markets were closed for a holiday.

Australia's S&P/ASX 200 fell 2.1%, South Korea's Kospi advanced 1.6% and Taiwan's Taiex jumped 2.3%, a day after the Taiwanese government lifted a ban on Chinese investment in 100 sectors.

India's Sensex rose 1.1% and Singapore's Straits Times climbed 0.8%, while New Zealand's NZX 50 ended down 0.6%.

Earlier in the day, the Bank of Japan's June tankan survey came in weaker than expected, with the headline diffusion index at minus 48, compared with a minus 43 result expected and a record low of minus 58 posted in March.

Macquarie Research's economist Richard Jerram said the weaker-than-expected result was not a cause for great concern as forecasts for next quarter's survey predict continued improvement.

"The tankan is clearly lagging a long way behind a whole lot of other surveys (that) have been improving over the past five months. That's the most striking feature," he said. "But when the cycle is swinging from such extreme weakness to a firmer position, you're always going to have a lot of numbers showing different trajectories."

China's Shanghai Composite ended up 1.7% at 3008.15, its highest finish since June 2008, after official data showed the mainland's purchasing managers' index rose to 53.2 in June from 53.1 in May. A PMI reading above 50 indicates growth.

Merrill Lynch economists Ting Lu and T.J. Bond wrote in a report that although the increase was lower than their expectations, it delivered a "positive message about the ongoing recovery in China. The rising PMI will support China-related asset prices, especially commodity prices."

Dow Jones Industrial Average futures were recently quoted 30 points higher in screen trade.

In Tokyo trading, All Nippon Airways tumbled 5.9% and financial services major Orix Corp. lost 4.8% on equity dilution concerns after The Nikkei reported that the two companies were considering raising capital through share sales.

Real-estate shares were higher, supported by growing expectations that office vacancies may top out in the coming fall-to-winter period, while office rents may bottom out early next year. Mitsui Fudosan ended 0.7% higher, while Mitsubishi Estate rose 0.3%.

Cyclicals were underperforming after weakness in metals prices Tuesday, with BHP Billiton down 2.4% and Rio Tinto down 1.2% in Sydney and Inpex losing 2.7% in Tokyo.

Property shares were boosted in Taipei after the government lifted its ban on Chinese investments, with Cathay Real Estate Development gaining 4.9% and Farglory Land Development climbing 5.5%.

In Seoul, the Kospi was aided by news South Korea's June trade surplus hit a record $7.44 billion, better than the $4.76 billion surplus expected.

Samsung Electronics rose 1.9%, though Hyundai Motor was off 1.2% following weak U.S. consumer sentiment data released overnight. Posco climbed 1.8% after the steel major agreed to pay A$7.8 million for a 16.7% stake in Australia's Jupiter Mines.

Malaysia's main index rose 0.4% and Philippine shares slipped 0.2%, while Indonesia's share index advanced 1.6%.

The dollar was higher against the yen, at A596.91 compared with A596.34 in late New York trade, extending its recent rally. The euro was at $1.4067 compared with $1.4025 and at A5136.30 from A5135.13.

South Korea's won gained on news of a record high June trade surplus. The dollar was lower at KRW1,271.9 from Tuesday's close of KRW1,273.9.

Spot gold was at $931 a troy ounce, up $4.40 from New York levels. August Nymex crude futures were recently at $71.18 a barrel, up $1.29 on Globex.

-Dow Jones Newswires; +65-6415-4140; markettalk@dowjones.com

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(END) Dow Jones Newswires

July 01, 2009 07:44 ET (11:44 GMT)


Copyright 2009 Dow Jones & Company, Inc.

2nd UPDATE:Irish Jobless Jun Live Register +2.8%/Mo To 413,500

2nd UPDATE:Irish Jobless Jun Live Register +2.8%/Mo To 413,500

(Adds PM's comment on official unemployment)

DUBLIN (Dow Jones)--Irish unemployment grew at a slightly slower pace in June, to a total of 413,500, as the live register for benefit payments rose again, bringing unemployment in the country to 11.9% in June up from a revised 11.6% in May and 5.9% in June 2008.

With the rapid slowdown in the construction industry, the number of people signing on to the live register on an unadjusted basis rose 2.8% on the month to 413,500 in June after rising 3.5% in May, the central statistics office said.

The live register includes part-time workers and casual workers entitled to unemployment assistance or benefits, like some teachers who take the summer off. Official unemployment is measured by the Quarterly National Household Survey.

Prime Minister Brian Cowen told the Irish Parliament that the rate of unemployment growth has eased somewhat, but warned that the official rate of unemployment will rise to over 15% by the end of this year up from 10.2% for the first quarter of 2009, and will likely rise again next year.

Most economists see it hitting 17% by the end of 2010.

Unemployment on the live register amongst immigrants from Eastern Europe is now at 20%, double the rate for Irish nationals, and for every Eastern European worker who has joined the dole queue over the last 12 months, almost two have emigrated.

"It's encouraging to note that the pace of decline in the live register has moderated in each of the last six months from a high of over 33,000 in January," said Chief Economist Brian Devine of NCB Stockbrokers.

"Once again this is further evidence that the worst of the declines are behind us but that with such a sharp rise in unemployment and taxes the recovery in Ireland is going to lag someway behind the global recovery," he added.

-By Quentin Fottrell, Dow Jones Newswires; +353-1-676-2189; quentin.fottrell@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=kO8CanuSLXtXGr9ppgBt7Q%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 01, 2009 07:40 ET (11:40 GMT)


Copyright 2009 Dow Jones & Company, Inc.

US MBA Mortgage Survey Table Of Unadjusted Data

US MBA Mortgage Survey Table Of Unadjusted Data

Unadjusted data for week ending 6/26/2009

Composite Index            Current  Prev Week  % Change  4 Wks Ago  Year Ago
 Market                     468.1     574.4     -18.5      555.8     505.5
 Purchase                   293.9     309.5      -5.0      245.2     374.3
 Refi                      1482.2    2116.3     -30.0     2362.9    1269.2
 Fixed-Rate                 469.9     577.5     -18.6      565.2     490.1
 ARM                        436.7     518.6     -15.8      365.8     833.8

Conventional Market        Current  Prev Week  % Change  4 Wks Ago  Year Ago
 Total                      517.8     552.8      -6.3      611.7     587.4
 Purchase                   318.4     318.6      -0.1      253.8     458.5
 Refi                      1328.1    1504.6     -11.7     2066.4    1111.3
 Fixed-Rate                 516.0     548.3      -5.9      615.8     561.9
 ARM                        555.1     644.1     -13.8      528.5    1111.3

Government Market          Current  Prev Week  % Change  4 Wks Ago  Year Ago
 Total                      385.3     610.6     -36.9      462.5     368.9
 Purchase                   258.3     295.9     -12.7      232.4     253.6
 Refi                      2321.9    5411.5     -57.1     3972.8    2126.6
 Fixed-Rate                 392.7     625.3     -37.2      480.4     370.2
 ARM                        229.5     298.9     -23.2       80.1     346.9

(MORE TO FOLLOW) Dow Jones Newswires

July 01, 2009 07:00 ET (11:00 GMT)


Copyright 2009 Dow Jones & Company, Inc.

US MBA Mortgage Survey Table Of Seasonally Adjusted Data

US MBA Mortgage Survey Table Of Seasonally Adjusted Data

Seasonally Adjusted data for week ending 6/26/2009

Composite Index            Current  Prev Week  % Change  4 Wks Ago  Year Ago
 Market                     444.8     548.2     -18.9      658.7     477.7
 Purchase                   267.7     280.3      -4.5      267.7     342.8
 Refi                      1482.2    2116.3     -30.0     2953.6    1269.2
 Fixed-Rate                 446.5     551.1     -19.0      669.9     463.2
 ARM                        415.0     494.9     -16.1      433.6     788.0

Conventional Market        Current  Prev Week  % Change  4 Wks Ago  Year Ago
 Market                     493.9     527.3      -6.3      729.4     555.4
 Purchase                   290.1     288.5       0.6      277.1     419.9
 Refi                      1328.1    1504.6     -11.7     2583.0    1111.3
 Fixed-Rate                 492.2     523.1      -5.9      734.2     531.3
 ARM                        529.5     614.5     -13.8      630.1    1050.8

Government Market          Current  Prev Week  % Change  4 Wks Ago  Year Ago
 Market                     363.0     582.9     -37.7      541.1     348.2
 Purchase                   235.3     267.9     -12.2      253.7     232.2
 Refi                      2321.9    5411.5     -57.1     4966.0    2126.6
 Fixed-Rate                 370.0     597.0     -38.0      562.0     349.4
 ARM                        216.2     285.3     -24.2       93.7     327.5

(MORE TO FOLLOW) Dow Jones Newswires

July 01, 2009 07:00 ET (11:00 GMT)


Copyright 2009 Dow Jones & Company, Inc.

US MBA Mortgage Survey Snapshot

US MBA Mortgage Survey Snapshot

WASHINGTON (Dow Jones)--Following is data from the Mortgage Bankers
Association of America's weekly mortgage application survey,
released Wednesday.

             Seasonally Unadjusted        Seasonally Adjusted
  Week  :   Market  Purchase   Refi     Market  Purchase   Refi
 Ending :   Index    Index    Index     Index    Index    Index
06/26/09    468.1    293.9    1482.2    444.8    267.7   1482.2
06/19/09    574.4    309.5    2116.3    548.2    280.3   2116.3
06/12/09    541.7    291.4    1998.1    514.4    261.2   1998.1
06/05/09    643.0    305.7    2605.7    611.0    270.7   2605.7
05/29/09    555.8    245.2    2362.9    658.7    267.7   2953.6
05/22/09    823.8    296.8    3890.4    786.0    256.6   3890.4
05/15/09    955.2    295.4    4794.4    915.9    254.0   4794.4
05/08/09    936.5    308.8    4588.6    895.6    265.7   4588.6
05/01/09   1018.8    305.5    5169.3    979.7    264.3   5169.3
04/24/09    995.4    288.5    5108.2    960.6    251.6   5108.2
04/17/09   1204.5    287.3    6540.7   1172.2    253.0   6540.7
04/10/09   1144.2    297.4    6071.7   1113.2    264.1   6071.7
04/03/09   1283.5    333.0    6813.5   1250.6    297.7   6813.5
03/27/09   1223.3    299.2    6600.1   1194.4    268.0   6600.1

(MORE TO FOLLOW) Dow Jones Newswires

July 01, 2009 07:00 ET (11:00 GMT)


Copyright 2009 Dow Jones & Company, Inc.

UPDATE: UK Jun PMI Signals Economy Recovering From Dire 1Q

UPDATE: UK Jun PMI Signals Economy Recovering From Dire 1Q

(Rewrites, adding details, analyst quotes, background.)

LONDON (Dow Jones)--The U.K.'s economy is showing signs that it is recovering after the sharp gross domestic product slump reported for the first quarter of 2009.

Data reported Wednesday show that the purchasing managers' index for the manufacturing sector rose to a 13-month high of 47.0 in June, from 45.4 in May, Markit Economics and the Chartered Institute of Purchasing and Supply said.

That outcome was stronger than expected, with economists surveyed by Dow Jones Newswires last week having estimated that the figure would rise to 46.5.

A reading above 50.0 indicates the sector is expanding, while a reading below 50.0 indicates it is contracting.

The Office for National Statistics also said Wednesday that the U.K. services sector posted its best performance since October last year, falling just 0.1% on the month in April.

"The U.K. manufacturing sector's purchasing managers' index has further boosted hopes that the U.K. will soon exit technical recession," said James Knightley, U.K. economist for ING Economics.

"The official monthly service sector output number also shows the smallest monthly fall since October last year. Add in the likelihood of increases in both the construction and service sector PMIs on Thursday and Friday it looks as though we could see positive GDP in the third quarter of this year," Knightley said.

The PMI survey has reported that, while the sector has been contracting for 15 straight months, the level of the decline has been easing since the beginning of the year.

The survey shows that manufacturing output in the second quarter was substantially above the level reported in the first three months of the year and is in line with other surveys and indexes, suggesting the U.K.'s economic recession hit the bottom in the first quarter.

The details of the PMI survey also show that the production sub-sector rose to 52.1 in June, the first rise above the key 50 level since May 2008. The rise was broad based with gains reported in output of capital goods, consumer and intermediate goods, Markit Economics said.

"June PMI data pointed to the first increase in U.K. manufacturing production for fifteen months," said Rob Dobson, senior economist at Markit Economics. "The most pleasing aspect of the recovery is that it was broad based," he said.

While production increased, the declines in new orders and employment eased further in June. For new orders, Markit Economics said the drop "was only modest" while the fall in the employment sub-index was the smallest since August last year.

The ONS services index, meanwhile, reported that the steepest decline came from the transport, storage and communication sector, which fell 1.2% in April from May. Distribution services, however, rose 1% over the same period.

While there is some optimism over the state of the U.K. economy, economists added a note of caution.

The increase in output likely partially reflects the large levels of de-stocking reported since the beginning of the year as new orders only improved marginally, said Jonathan Loynes, chief European economist for Capital Economics.

"Nonetheless, along with the modest improvement in the services index, the figures support the view that the economy contracted by much less in the second quarter than the 2.4% drop seen in the first quarter. But that's not an enormous comfort - a return to strong and sustained growth remains a long way off," Loynes said.

-By Ilona Billington and Laurence Norman, Dow Jones Newswires; 44 20 7842 9452; ilona.billington@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=kO8CanuSLXtXGr9ppgBt7Q%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 01, 2009 05:36 ET (09:36 GMT)


Copyright 2009 Dow Jones & Company, Inc.

2nd UPDATE: German May Retail Sales Up 0.4% From April

2nd UPDATE: German May Retail Sales Up 0.4% From April

(Adds German retail association HDE 2009 sales forecasts)

  By Nina Koeppen
  Of DOW JONES NEWSWIRES

FRANKFURT (Dow Jones)--German retail sales edged up for the third consecutive month in May, but only very slightly, with rising unemployment dampening the scope for further improvements.

Retail sales rose a real 0.4% in May from April, above economists' forecasts for flat turnover, data from the Federal Statistics office showed Wednesday.

German retail sales fell a real 2.9% from a year ago, as May 2009 had one working day less than the same month in 2008, the statistics office said.

The outlook for the sector, which as been struggling for several years, remains mixed at best, economists said.

Low inflation rates, promotional offers and the government's economic stimulus plans have put a floor under retail sales, economists said.

And the implementation by many German companies of short-time work schemes has helped to cushion the impact of the severe recession on the labor market.

"However, with the expected strong deterioration on the labor market in the coming quarters, the moderate positive dynamic of private spending should come under increasing pressure later this year," cautioned Alexander Koch, an economist at UniCredit in Munich.

Separately, German retail association HDE Wednesday cut its 2009 sales forecast, saying it now expects nominal retail sales to fall 2%. The group previously said they would be flat or fall 1%.

HDE also said that retail sales have so far been below expectations.

Food, drinks and tobacco sales were down a real 2.4% from May 2008, while nonfood sales fell 3.0% over that period, the statistics office said.

The data are based on figures from seven German states that account for about 76% of total sales. They don't include car sales that were boosted by the German government's scrapping incentives.

Web site: www.destatis.de

-By Nina Koeppen, Dow Jones Newswires; 49 69 29725-509; nina.koeppen@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=kO8CanuSLXtXGr9ppgBt7Q%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 01, 2009 05:27 ET (09:27 GMT)


Copyright 2009 Dow Jones & Company, Inc.

Spanish June Car Registrations -16% On Year Vs -39% In May

Spanish June Car Registrations -16% On Year Vs -39% In May

MADRID (Dow Jonse)--The rapid decline in Spanish car registrations of recent months eased in June because of new government aid for car purchases, Spanish car manufacturers' association Anfac said Wedensday.

Car registrations - an indicator of car sales - fell 16% on the year in June after falling by an annual 39% in May and by 46% on year in April, Anfac said in a statement.

New car registrations by individuals and companies fell by 7.4% on the year in June, while purchases by rental car agencies fell by 42% in June.

The government subsidies boosted individuals' car registrations by 15% on the month in June, Anfac said. It was the first month in more than two and a half years where registrations by individuals grew compared to the previous month.

Spain is offering a EUR2,000 subsidy to new car buyers. The subsidy is funded by EUR500 from the central government, EUR500 from regional governments and EUR1,000 from the manufacturers.

Anfac Web site: www.anfac.es

-By Madrid Bureau, Dow Jones Newswires; +34 91 395 8120; djmadrid@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=kO8CanuSLXtXGr9ppgBt7Q%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 01, 2009 05:22 ET (09:22 GMT)


Copyright 2009 Dow Jones & Company, Inc.

Asian Shares End Mixed; Shanghai Stocks Soar 1.7% On PMI

Asian Shares End Mixed; Shanghai Stocks Soar 1.7% On PMI

SINGAPORE (Dow Jones)--Asian stock markets finished mixed on Wednesday, with Chinese stocks ending at their highest level in more than a year after data showed an improvement in manufacturing activity.

Japanese shares ended slightly lower after a turbulent session as investors considered a slightly weaker-than-expected result from the Bank of Japan's tankan survey, while Australian stocks declined, tracking an overnight fall on Wall Street.

"The lack of buying today was very evident," said Stuart Smith, a private client adviser at Bell Potter Securities in Australia. "It was just a crescendo leading up to the 30th of June. On the first of July (the start of a new financial year in Australia), the market let out a breath."

Japan's Nikkei 225 Average ended 0.2% lower at 9939.93. For the second straight session, the benchmark crossed the 10,000-point milestone intraday, but couldn't stay above it.

Hong Kong stock markets were closed for a holiday.

Australia's S&P/ASX 200 fell 2.1%, South Korea's Kospi advanced 1.6% and Taiwan's Taiex jumped 2.3%, a day after the Taiwanese government lifted a bank on Chinese investment in 100 sectors.

India's Sensex rose 1.2% and Singapore's Straits Times climbed 0.8% in afternoon trading, while New Zealand's NZX 50 ended down 0.6%.

Earlier in the day, the Bank of Japan's June tankan survey came in weaker than expected, with the headline diffusion index at minus 48, compared with a minus 43 result expected and a record low of minus 58 posted in March.

Macquarie Research's economist Richard Jerram said the weaker-than-expected result was not a cause for great concern as forecasts for next quarter's survey predict continued improvement.

"The tankan is clearly lagging a long way behind a whole lot of other surveys (that) have been improving over the past five months. That's the most striking feature," he said. "But when the cycle is swinging from such extreme weakness to a firmer position, you're always going to have a lot of numbers showing different trajectories."

China's Shanghai Composite ended up 1.7% at 3008.15, its highest finish since June 2008, after official data showed the mainland's purchasing managers' index rose to 53.2 in June from 53.1 in May. A PMI reading above 50 indicates growth.

Merrill Lynch economists Ting Lu and T.J. Bond wrote in a report that although the increase was lower than their expectations, it delivered a "positive message about the ongoing recovery in China. The rising PMI will support China-related asset prices, especially commodity prices."

Dow Jones Industrial Average futures were recently quoted 30 points higher in screen trade.

In Tokyo trading, All Nippon Airways tumbled 5.9% and financial services major Orix Corp. lost 4.8% on equity dilution concerns after The Nikkei reported that the two companies were considering raising capital through share sales.

Real estate shares were higher, supported by growing expectations that office vacancies may top out in the coming fall-to-winter period, while office rents may bottom out early next year. Mitsui Fudosan ended 0.7% higher, while Mitsubishi Estate Co. rose 0.3%.

Cyclicals were underperforming after weakness in metals prices Tuesday, with BHP Billiton down 2.4% and Rio Tinto down 1.2% in Sydney, Inpex Corp. losing 2.7% in Tokyo and Oil & Natural Gas Corp. losing 1.1% in Mumbai afternoon trading.

Property shares were boosted in Taipei after the government lifted its ban on Chinese investments, with Cathay Real Estate Development Co. gaining 4.9% and Farglory Land Development climbing 5.5%.

In Seoul, the Kospi was aided by news South Korea's June trade surplus hit a record $7.44 billion, better than the $4.76 billion surplus expected.

Samsung Electronics rose 1.9%, though Hyundai Motor Co. was off 1.2% following weak U.S. consumer sentiment data released overnight. Posco climbed 1.8% after the steel major agreed to pay A$7.8 million for a 16.7% stake in Australia's Jupiter Mines.

Malaysia's main index was 0.4% lower and Philippine shares slipped 0.2%, while Indonesia's share index advanced 1.6%.

The dollar was higher against the yen, at Y96.72 compared with Y96.34 in late New York trade, extending its recent rally. The euro was at $1.4065 compared with $1.4025 and at Y136.07 from Y135.13.

South Korea's won gained on news of a record high June trade surplus. The dollar was lower at KRW1,267.4 from Tuesday's close of KRW1,273.9.

Spot gold was at $931 a troy ounce, up $4.40 from New York levels. August Nymex crude futures were recently at $71.18 a barrel, up $1.29 on Globex.

-Dow Jones Newswires; +65-6415-4140; markettalk@dowjones.com

TALK BACK: We invite readers to send us comments on this or other financial news topics. Please email us at TalkbackAsia@dowjones.com. Readers should include their full names, work or home addresses and telephone numbers for verification purposes. We reserve the right to edit and publish your comments along with your name; we reserve the right not to publish reader comments.

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(END) Dow Jones Newswires

July 01, 2009 05:17 ET (09:17 GMT)


Copyright 2009 Dow Jones & Company, Inc.

UPDATE: Euro-Zone Manufacturing Decline Slows Further In June

UPDATE: Euro-Zone Manufacturing Decline Slows Further In June

(Adds detail, chief economist comment)

   By Nicholas Winning
  Of DOW JONES NEWSWIRES

LONDON (Dow Jones)--The contraction in euro-zone manufacturing output moderated for the fourth consecutive month in June, a fresh sign that the severe economic downturn in the currency block is gradually bottoming out, final data from Markit Economics showed Wednesday.

However, there were marked differences in the pace of recovery in the region's largest economies, with Germany and Italy still suffering sharp downturns in manufacturing, while France inched closer to stabilization.

The purchasing managers' index for manufacturing in the euro zone -a closely watched gauge of activity in the sector -recovered to a nine-month high of 42.6 in June from 40.7 in May, topping the preliminary June reading of 42.4, Markit said.

Although the result was stronger than the market consensus estimate of 42.4 from a Dow Jones Newswires survey of economists last week, it marked the 13th consecutive reading below the neutral 50.0 level and extended the longest period of recession in the sector in the survey's history.

Chris Williamson, the chief economist at Markit, noted that output and new orders were nearing stabilization in some countries, notably France and the Netherlands.

"However, the PMI remains lower even than levels sunk to in the aftermath of 9/11, reflecting below-par output trends in Germany, Spain and Italy," he said in a statement. "Pressures to cut employment also clearly remain intense across the region, as firms struggle in the face of falling demand," he added.

The data for the currency block's largest economies showed the French manufacturing PMI rose to an 11-month high of 45.9 from 43.3 in May, beating market forecasts for a rise to 45.5.

A reading below 50 indicates a contraction in activity while a reading above 50 reflects an expansion.

But in Germany, the manufacturing PMI remained depressed, inching up to an eight-month high of 40.9 in June from 39.6 the previous month and above economists forecasts of 40.5. Italy's PMI rose to a nine-month high of 42.7 from 41.1 in May - also beating market predictions of 42.4.

-By Nicholas Winning and Ilona Billington, Dow Jones Newswires; +44 207 842 9498; nick.winning@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=kO8CanuSLXtXGr9ppgBt7Q%3D%3D. You can use this link on the day this article is published and the following day.

Currency Rates Of Coffee Producing, Consuming Countries

Currency Rates Of Coffee Producing, Consuming Countries

  LONDON (Dow Jones)--U.S. dollar exchange rates as of 09:37 GMT July 1, compared with 10:36 GMT June 30.

  Producers:

                            01/07/09   (30/06/09)

Angolan Kwanza         AON     74.971     (74.971)
Bolivian Boliviano     BOB       7.02       (7.02)
Brazil Real            BRL     1.9525      (1.954)
Burundi Franc          BIF     465.35     (465.35)
*CFA Franc             XOF     2154.5     (2155.5)
Colombian Peso         COP    517.935    (517.935)
Costa Rican Colon      CRC          1          (1)
Cuban Peso             CUP         36         (36)
Dominican Republic     DOP      24950      (24950)
Ecuadorean Sucre       ECS      8.748      (8.748)
El Salvador Colon      SVC     8.1345     (8.1345)
Ethiopian Birr         ETB    11.3715  (11.364225)
Guatemala Quetzal      GTQ     8.1345     (8.1345)
Guinea Franc           GNS   4924.745   (4923.865)
Haiti Gourde           HTG      36.15      (36.15)
Honduras Lempira       HNL      18.89      (18.89)
Indian Rupee           INR      47.97      (47.97)
Indonesian Rupiah      IDR      10205      (10215)
Kenyan Shilling        KES      76.25      (76.75)
Malawi Kwacha          MWK     140.05     (140.05)
Mexican Peso           MXN     13.172    (13.1455)
Nicaragua Cordoba      NIC     19.767    (19.7305)
Papua New Guinea Kina  PGK     2.6199     (2.6261)
Peruvian New Sol       PES   3.007735    (3.00399)
Philippines Peso       PHP     48.095     (48.145)
Venezuelan Bolivar     VEB     2147.5     (2147.5)
Vietnam Dong           VND      17805      (17805)
Zambian Kwacha         ZMK     5175.5     (5175.5)
Zimbabwe Dollar        ZWD      426.5      (423.5)

CONSUMERS:


Danish Krone           DKK     5.2904      (5.285)
#Euro                  EUR     1.4075     (1.4089)
Japanese Yen           JPY     96.815     (95.515)
Norwegian Krone        NOK     6.3945     (6.4235)
Swedish Krona          SEK     7.6587     (7.6853)
Swiss Franc            CHF     1.0832     (1.0821)

  * = The CFA Franc is the common currency of 14 African countries which are
members of the Franc zone:
  XOF = Benin, Burkina, Ivory Coast, Guinnea Bissau, Mali, Niger, Senegal
and Togo under the Central Bank of the West African States.
  XAF = Cameroon, Central African Republic, Chad, Congo, Equatorial Guinea
and Gabon, under the Bank of the Central African States.

  # = Currencies that are quoted in U.S. dollars per unit of currency.
All other currencies are quoted in units of currency per U.S. dollar.

  Source: OANDA Corp and yahoo.com.

-By Caroline Henshaw, Dow Jones Newswires; 4420-7842-9372; caroline.henshaw@dowjones.com

DATA SNAP: UK Jun Mfg PMI 47.0 Vs 45.4 In May

DATA SNAP: UK Jun Mfg PMI 47.0 Vs 45.4 In May

LONDON (Dow Jones)--The U.K.'s manufacturing sector rose sharply in June, closer to the key 50-point level, recording a thirteenth-month high, data showed Wednesday.

The purchasing managers' index for the manufacturing sector rose to 47.0 in June from 45.4 in May, Markit Economics and the Chartered Institute of Purchasing and Supply said.

That outcome was stronger than expected, with economists surveyed by Dow Jones Newswires last week having estimated the PMI rose to 46.5.

A reading above 50.0 indicates the sector is expanding, while a reading below 50.0 indicates it is contracting.

-By Ilona Billington, Dow Jones Newswires; 44 20 7842 9452; ilona.billington@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=kO8CanuSLXtXGr9ppgBt7Q%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 01, 2009 04:37 ET (08:37 GMT)


Copyright 2009 Dow Jones & Company, Inc.

DATA SNAP:UK Services Output -0.1% Apr, Smallest Drop In 6 Mos

DATA SNAP:UK Services Output -0.1% Apr, Smallest Drop In 6 Mos

LONDON (Dow Jones)--Output in the U.K.'s dominant services sector fell 0.1% in April, the smallest decline in six months as the economy showed signs of stabilizing after a traumatic first quarter.

The Office for National Statistics said Wednesday that service sector output fell 0.1% on the month in April on a seasonally adjusted basis.

Service sector output fell 0.2% in March and declined 0.6% in the first two months of 2009. October was the last month services output did not decline.

In the three months to April, services output declined 1.2% versus a 1.6% drop in the three months to March.

The U.K. economy slumped 2.4% in the first quarter, the largest quarterly decline in more than fifty years. However a string of data in recent weeks has suggested the economy has since stabilized somewhat.

The ONS said the largest declines in services output came from transport, storage and communcation, which fell 1.2% in April. Distribution services increased 1.0%.

The ONS also reported that productivity fell 4.2% in the first quarter from a year earlier, the largest annual decline since records began in 1960.

On a quarterly basis, output per worker fell 2.0% in the first quarter, the biggest drop since 1979 as economic activity fell faster than employment.

-By Laurence Norman, Dow Jones Newswires; 44-207-842-9270; laurence.norman@dowjones.com

(MORE TO FOLLOW) Dow Jones Newswires

July 01, 2009 04:30 ET (08:30 GMT)


Copyright 2009 Dow Jones & Company, Inc.

GLOBAL MARKETS: European Stocks Higher; Risk Appetite Grows

GLOBAL MARKETS: European Stocks Higher; Risk Appetite Grows

  By Ishaq Siddiqi
  Of DOW JONES NEWSWIRES

LONDON (Dow Jones)--European stocks pushed higher Wednesday, with risk appetite back on the rise as the new month and second half of the year kicks in. Investors will now look to upcoming key macroeconomic data for further signs of a recovery in the global economy.

"Risk appetite is up and European indexes need to hold above key support levels for sentiment to remain positive," said David Morrison, strategist at GFT. "Traders are looking ahead to Thursday's nonfarm payrolls for June and crucially, the U.S. earnings season which kicks off next week."

At 0800 GMT, the Dow Jones Stoxx 600 index was up 1.1% at 208.18, London's FTSE 100 index was up 1.3% at 4307.45, Frankfurt's DAX index was up 1.5% at 4884.02, and the CAC-40 index in Paris was up 1.7% at 3193.99.

The U.S. labor market will be under the spotlight, ahead of the payrolls, with the publication of the ADP employment survey for June at 1215 GMT.

"The recent stabilization (even if it is at a high level) of initial jobless claims suggests that the ADP employment change in June is likely to remain negative, but might be the lowest since October 2008," said Jerome Deneaux, analyst at Newedge Group.

The nonfarm payrolls data are due Thursday at 1230 GMT, a day early because of Friday's U.S. public holiday, and the ADP release offers a good 'heads-up' for traders, especially as they measure employment in the private sector.

Still, a poor consumer confidence number in U.S. Tuesday sent stocks lower on Wall Street. Despite closing off the session's lows, the Dow Jones Industrial Average fell 1.0% to 8447.0, having fallen as low as 8394.0 during the session. The S&P 500 stock index fell to 919.32.

Asian stock markets were mixed Wednesday, with some weighed by weakness on Wall Street and the discouraging U.S. data. Japan's Nikkei 225 closed down 0.2%, while Korea's Kospi gained 1.5%. Hong Kong's Hang Seng index was closed for a holiday.

The Tokyo stock market was barely moved by the Bank of Japan's quarterly tankan survey, which came in slightly weaker than expected with the headline diffusion index for large manufacturers at minus 48, compared with a minus 43 result expected.

Still, there was cause for hope as it was an improvement from the record low of minus 58 posted in the previous quarter, bolstering the view that the worst is over for the Japanese economy.

Elsewhere, the crude oil futures market pushed higher Wednesday, rebounding after losses Tuesday as a decline in U.S consumer confidence damped hopes for a quick economic recovery.

At 0815 GMT, the August crude contract on Globex stood at $70.87 per barrel, up 98 cents, having settled Tuesday at $69.89 per barrel, down $1.60, on the New York Mercantile Exchange.

At 0815 GMT, spot gold stood at $931.10/oz, around $5 higher than in late New York business Tuesday.

In the currency markets, the dollar regained some ground as the market turned cautious again. "It is becoming clear that risk appetite is starting to lack consistency and any catalyst could trigger a broad correction amid weak summer liquidity conditions," said Geoffrey Yu at UBS.

At 0815 GMT, the euro stood at $1.4070, having come close to breaching the $1.4000 level, while the dollar stood at Y96.81, having risen to a near two-week high of Y97.00 in Tokyo.

The safe-haven sovereign debt markets have edged lower Wednesday, as the equity markets have gained. However, trading has been subdued ahead of the latest debt issuance from Germany, which reopens EUR6.0 billion of its 3.5% 2019 bund, the 10-year benchmark.

At 0820 GMT, the September bund contract stood at 120.97, 0.11 lower.

-By Ishaq Siddiqi, Dow Jones Newswires; +44-20-7842-9488; ishaq.siddiqi@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=kO8CanuSLXtXGr9ppgBt7Q%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 01, 2009 04:21 ET (08:21 GMT)


Copyright 2009 Dow Jones & Company, Inc.

DATA SNAP: Euro-Zone Manufacturing Contraction Slows In June

DATA SNAP: Euro-Zone Manufacturing Contraction Slows In June

  By Nicholas Winning
  Of DOW JONES NEWSWIRES

LONDON (Dow Jones)--The contraction in euro-zone manufacturing output moderated for the fourth consecutive month in June, although improvements in France were offset by ongoing weakness in Germany and Italy, final data from Markit Economics showed Wednesday.

The purchasing managers' index for the manufacturing sector recovered to a nine-month high of 42.6 in June from 40.7 in May, topping the preliminary June reading of 42.4, Markit said.

Although the result was stronger than the market consensus estimate of 42.4 from a Dow Jones Newswires survey of economists last week, it marked the 13th consecutive reading below the neutral 50.0 level and extended the longest period of recession in the sector in the survey's history.

-By Nicholas Winning and Ilona Billington, Dow Jones Newswires; +44 207 842 9498; nick.winning@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=kO8CanuSLXtXGr9ppgBt7Q%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 01, 2009 04:20 ET (08:20 GMT)


Copyright 2009 Dow Jones & Company, Inc.

UPDATE: Hungary's June Mfg PMI 45.8, Exports Start To Rise

UPDATE: Hungary's June Mfg PMI 45.8, Exports Start To Rise

(Adds details, background.)

  By Margit Feher
  Of DOW JONES NEWSWIRES

BUDAPEST (Dow Jones)--The contraction in Hungary's manufacturing sector activity continued in June although at a slightly slowing pace from the all-time low in January as exports started to expand for the first time since September, data released Wednesday show.

The purchasing managers' index was a seasonally adjusted 45.8 in June, a slight uptick from 45.4 in May, the Hungarian Association of Logistics, Purchasing and Inventory Management, or MLBKT, said. The index started to contract in October and hit an all-time low of 38.5 in January.

The data confirm that Hungary is in a deep recession but the expansion of exports in June is a positive sign. The government projects that gross domestic product will contract this year by nearly 7% as the economy of Germany, Hungary's chief export market, is also facing a similar GDP decline.

The export component of the PMI jumped to 50.6 in June, from 45.7 in May, likely helping the manufacturing output indicator to contract less in June than in May. The manufacturing output indicator was at 45.0 versus 44.7.

The import indicator also improved although still showed a contraction. It rose to 43.5, the highest reading since October last year, from 41.3 in May.

Despite the slightly improving economic activity, the new orders indicator contracted further, to 45.1 from 45.4.

Following a six-month period of falling prices, purchasing prices ticked up in June, with the indicator signaling an expansion at 50.7 versus 49.3 in May.

Hungary's PMI index has never before contracted for nine consecutive months in the data's 15-year history, the MLBKT said. It only contracted for five months in a row once, between August and December 1998, it added.

Figures above 50 indicate expansion and below 50 a contraction.

Association Web site: www.mlbkt.hu

-By Margit Feher, Dow Jones Newswires; +361-267-0622; margit.feher@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=kO8CanuSLXtXGr9ppgBt7Q%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

July 01, 2009 04:10 ET (08:10 GMT)


Copyright 2009 Dow Jones & Company, Inc.

UPDATE: Italy Econ Min: Tax Breaks For Cos Worth Some EUR4 Billion

UPDATE: Italy Econ Min: Tax Breaks For Cos Worth Some EUR4 Billion

   (Adds comment, background.)

ROME -(Dow Jones)- Italian Economy Minister Giulio Tremonti said Tuesday that tax breaks for companies that reinvest their profits to buy machinery will total about EUR4 billion as part of a stimulus plan aimed at boosting investment and confidence in Italian businesses.

Tremonti, speaking at a press conference in Rome, also said Italian companies and families will save EUR2 billion from lower bank fees.

The stimulus package, which is fully financed, also contains a separate measure to speed up payments the government owes to Italian companies of about EUR5 billion.

The government hasn't yet confirmed how much the total stimulus is worth, but a person familiar with the situation told Dow Jones Newswires Friday that the package is worth about EUR4.5 billion.

Italy is in a deep recession. The Organization for Economic Cooperation and Development recently cut its 2009 forecast for Italian gross domestic product to a contraction of 5.5%, following a 1% decline last year, which would mark the deepest recession since World War II.

The government is also expected to release its revised economic forecasts in two or three weeks.

  Web site: www.governo.it

-By Luca Di Leo and Sofia Celeste, Dow Jones Newswires; +39-06-69766920; sofia.celeste@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=vtgt79XbJ%2FTpTPxxSJGGtQ%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

June 30, 2009 13:13 ET (17:13 GMT)


Copyright 2009 Dow Jones & Company, Inc.

Ukraine's Economy Shrank 20.3% On Year In 1Q - Official Data

Ukraine's Economy Shrank 20.3% On Year In 1Q - Official Data

KIEV (AFP)--Ukraine's economy contracted 20.3% in the first three months of this year compared with the first quarter 2008, the National Statistics Office said in a statement on Tuesday.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=vtgt79XbJ%2FTpTPxxSJGGtQ%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

June 30, 2009 12:57 ET (16:57 GMT)


Copyright 2009 Dow Jones & Company, Inc.