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Progressive Following on Nymex Holdings Inc.
0 Comments | M2 Presswire, January, 2008
M2 PRESSWIRE-14 January 2008-Streetinvesting.com: Progressive Following on Nymex Holdings Inc(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:14012008
Thursday saw an un-expectant fall for newly laid off workers filing claims for unemployment benefits. However, this decline which caught analysts by surprise is not viewed as a sign of fundamental improvement in the labor market. The four-week average for jobless claims dipped slightly to 341,000, the lowest in a month. Also, it comes as no real surprise that retailers experienced weak sales for the month of December. The slump in sales is being attributed to rising gas prices and a depressed housing market.
There is also a shift in thinking as economist question whether the U.S. economy will fall into...
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