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Economic Indicator: Updated Upward Housing Trends

This blog post updates our post from August 16 on housing, and the most recent data shows that the upward trends in the nation’s housing market continues.

 

Exports of Cars and Trucks: Driving Growth in the U.S. Motor Vehicle Industry

The U.S. motor vehicle industry is coming back, with production at its highest levels since October 2005, and with over 156,000 new jobs added since President Obama’s rescue of the industry in June 2009. An important and little known driver of this expansion is increased exports of U.S. made cars and trucks to record levels.  

Economic Indicator: Positive trends in the housing sector

While more work needs to be done to restore economic security for families nationwide, a look at the recent data on the housing market shows continued improvements that are welcome news given the challenges experienced by homeowners since the recession.  Earlier today, the Commerce Department’s Census Bureau released data on new residential construction in July 2012.

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U.S. Manufacturing continues to create jobs in the U.S.

Earlier Friday, August 3rd, the Bureau of Labor Statistics (BLS) released a report showing that the private sector added 172,000 jobs last month, and overall employment rose by 163,000. While there’s more work to be done, the economy is creating jobs on a consistent basis.  The economy has added private sector jobs for 29 straight months, for a total of 4.5 million jobs.  In fact, since the beginning of the year, the economy has added over 1.1 million private sector jobs. Today’s employment report provides further evidence that the U.S. economy is continuing to recover from the deepest recession since the Great Depression.

Electronic and Mail Order Sales Jump 14 Percent Over The Year

 

Economic Indicator: Growth Has Been In Store (and Online) for Much of Retail

Economic Briefing April 24, 2012: STEM Across the “Gen(d)erations”

Figure 1 Female Share of College Graduates by Generation and STEM Degree, 2010Last year, ESA issued a series of reports on science, technology, engineering, and mathematics (STEM) employment.  Newer data are now available and we updated some key results from these reports. Overall, the new data reaffirm the importance of STEM jobs to the U.S.