The significantly better than expected jobs report for January of 243,000 jobs fueled a strong rally on Friday.The Dow is up more than 5% in 2012, to its highest level since May 2008. The S&P 500 has gained almost 7% this year and The Nasdaq, is up 11% for the year. On the commercial real estate front Green Street Advisors projected commercial-property values in the U.S. probably will climb about 6 percent in the next six months.
Below are links to the top economics news for the week:
- Oil prices rise after U.S. hiring expands
- U.S. Rig Count is down 11 from last week at 1997; up 258 year over year
- January Employment Report: 243,000 Jobs, 8.3% Unemployment Rate
- 2012 Kicks Off With 28% Surge in Job Cuts
- U.S. Commercial-Property Prices to Climb 6%, Green Street Says
- Texas economy continues to expand at a moderate pace
- Manufacturing expands at fastest pace since June
- Houston Economic Update-February 2012
- ISM: Economic activity in the manufacturing sector expanded in January
- Construction spending up 1.5% in December
- ADP: Private business sector employment increased by 170,000
- Restaurant Performance Index Rises to 6 Year High
- Home Prices Continued to Decline in November 2011
- Consumer Confidence Index Decreases Slightly
- Texas Service Sector Activity Strengthens
- Texas Manufacturing Activity Picks Up
- Incomes up strong 0.5%, consumer spending flat
