PODCAST: Economic data comes in as Sandy recedes
Share Now on:
The clean up is underway in the eastern U.S. Transportation is sputtering back to life — even some subway lines in New York are back today. Finding an open gas station is reportedly a problem — depleted fuel supplies and lack of power are the culprits there. The latest number is 4.6 million people still without electricity.
With Wall Street back open, corporate earnings have resumed with gusto. As far as government data, initial claims for unemployment insurance dropped last week, and productivity increased only modestly — some folks see that as a good omen for hiring.
Tomorrow we will bring you kind of the granddaddy of economic data releases — at least in there particular economic times. The Labor Department puts out its monthly employment report out and a new unemployment rate. It’s the last update before the election, and it’ll undoubtedly shape the way some undecided voters decide to lean on election day.
A Greek magazine editor goes on trial today after being accused of breaking privacy laws when he published a list of prominent Greeks who allegedly evaded their taxes.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?