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Twin Cities economic report

  • March 31, 2013 - 1:19 PM

Period Current Previous One Two

Twin Cities reported period period year ago years ago

Consumer Price Index 2nd half, ’12 225 223.9 221.3 212.5

Mortgage rate (Avg. 30-yr conventional) February 3.53% 3.41% 3.89% 4.95%

Housing permits, total (13-county) February 461 357 541 222

Total nonfarm employment (000s) February 1,766 1,757.1 1,725 1,690.3

Total employment (000s) February 1,760.9 1,749.7 1,762.5 1,751.9

Manufacturing employment (000s) February 181.1 181 177.5 173.5

Service-providing employment (000s) February 1,536.4 1,526.7 1,499.9 1,471.2

Wholesale + retail trade employment (000s) February 252.1 256.6 245.8 241.5

Construction, mining, logging employment (000s) February 48.4 49.4 47.7 45.7

Government employment (000s) February 243.4 237.9 236.4 241.7

Trans., warehouse and utilities employment (000s) February 61.9 62.1 61.6 60.6

Financial activities employment (000s) February 140.5 140.4 138.7 137.4

Number unemployed (000s) February 102.5 112.3 95.4 101.7

Unemployment rate February 5.5% 6% 5.1% 5.5%

Weekly hours, manufacturing February 40.2 40.2 40.8 40.6

Hourly earnings, manufacturing February $20.49 $20.55 $19.77 $19.64

Minnesota

Total nonfarm employment (000s) February 2,720.9 2,703.7 2,652.3 2,614.7

Total employment (000s) February 2,821.6 2,819.3 2,804 2,775.8

Manufacturing employment (000s) February 301.9 302.6 298.5 292.3

Service-providing employment (000s) February 2,334.4 2,314.4 2,277.5 2,243.4

Wholesale + retail trade employment (000s) February 410.4 415.6 397.9 390.7

Construction employment (000s) February 77.8 79.9 75.9 72.7

Government employment (000s) February 423.5 415.5 418.3 421.3

Mining and logging employment (000s) February 6.9 6.8 6.6 6.2

Trans., warehouse and utilities employment (000s) February 93.4 93.3 90.7 90.1

Finance activities employment (000s) February 178.4 176.6 174.8 173

Number unemployed (000s)* February 164.2 165.1 169.2 199.8

Unemployment rate* February 6.9% 6.8% 6.6% 6.2%

Weekly hours, manufacturing February 40.7 40.3 40.7 40.9

Housing permits, total February 596 554 805 272

Housing permits, single-family February 460 449 375 244

Housing permits, 2-4 units February 0 2 8 2

Housing permits, 5+ units February 8 7 4 3

United States

Consumer price index February 232.2 230.3 227.7 221.3

Total retail sales (billions) February $421.4 $417 $402.8 $378.9

Housing permits, total February 65,979 63,738 51,927 37,232

Consumer revolving credit outstanding January $850.9 $844.5 $850.8 $842.1

Total civilian labor force February 155.5 155.7 154.8 153.3

Unemployment rate, total* February 7.7% 7.9% 8.3% 9%

Unemployment rate, 16-19 year olds* February 25.1% 23.4% 23.7% 24.1%

Unemployment rate, females 20-plus* February 7% 7.3% 7.6% 7.9%

Unemployment rate, males 20-plus* February 7.1 7.3% 7.7% 8.9%

Money supply (M1, billions) February $2,472 $2,459.6 $2,215 $1,876

Money supply (M2, billions) February $10,412.6 $10,439.4 $9,745.9 $8856.8

Gross domestic product (billions) 4th qtr., ’12 $15,851.2 $15,811 $15,321 $14,735.9

*Numbers are seasonally adjusted

 

 

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