today’s data 2010-09-30

The revised gross domestic product estimate for the second quarter came in at 1.7%. Although this third estimate for the quarter was lower than the original estimate of 2.4%, it was slightly higher than the second estimate of 1.6% reported in August. Although increased consumer spending and higher business inventories levels helped raise the third estimate, consumers and businesses are still displaying caution, thus inhibiting further growth.
Initial unemployment claims for the week ended Sept. 25 decreased by 16,000 to 453,000, The drop was larger than the expec ted 5,000. The four-week moving average decreased by 6,250 to 458,000, the lowest level since July 24. Continuing claims for the week ended Sept. 18 also fell by 83,000 to 4.457 million. However, revised initial claims for the week ended Sept. 18 were revised upward by 4,000 to 469,000.
The Chicago Purchasing Managers Index jumped to 60.4% in September, which is more than 5 percentage points higher than predicted and nearly 4 percentage points higher than August's reading.

 

(the data is good, the thing is very cheerful, we touched 1150 today. then stay back.  it’s first touch for 1150 from long time ago. don’t wish we break 1150 through that easy, there will be some battles. let’s check tomorrows fight.  Uptrend is still keeping well )