You are on page 1of 1

NEWS FOR THE WEEK OF JUNE 12

Employment Increased In 48 States Between May 2005 The Federal Budget Deficit For The First 8 Months Of
And May 2006. (Bureau Of Labor Statistics, “Regional And State FY 2006 Is Down $50 Billion, Or 16.7%, From The
Employment And Unemployment: May 2006,” Press Release, Same Point In 2005. (“New CBO Figures Show Smaller Federal
6/16/06) Deficit,” National Journal’s CongressDaily AM, 6/7/06; “Federal Deficit
Shows Improvement,” The Associated Press, 6/12/06)
• The Largest Employment Gains Occurred In
Nevada (Up 5.3%), Idaho (Up 5.1%), And • Tax Revenues Are Up 12.9% This Year, The
Arizona (Up 4.8%). (Bureau Of Labor Statistics, Second-Highest Increase In The Last 25 Years.
“Regional And State Employment And Unemployment: May (“Federal Deficit Shows Improvement,” The Associated
2006,” Press Release, 6/16/06) Press, 6/12/06; “New CBO Figures Show Smaller Federal
Deficit,” National Journal’s CongressDaily AM, 6/7/06)
Jobless Rates Were Down In 41 States Between May
2005 And May 2006. (Bureau Of Labor Statistics, “Regional And
State Employment And Unemployment: May 2006,” Press Release,
6/16/06)

First-Time Weekly Jobless Claims Fell By 8,000 To


Their Lowest Level In Four Weeks. (Rex Nutting, “Jobless The University Of Michigan Index Of Consumer
Claims Fall To 4-Month Low Of 295,000,” MarketWatch, 6/15/06) Sentiment Increased To 82.4% In June From 79.1% In
May. (Rex Nutting, “Consumers’ Mood Brightens In June,”
• The Four-Week Average Fell 12,250 To Its MarketWatch, 6/16/06)
Lowest Level In Six Months. (Rex Nutting, “Jobless
Claims Fall To 4-Month Low Of 295,000,” MarketWatch, Hourly Earnings Were Up 3.7% Between May 2005 And
6/15/06) May 2006. (“US May Jobs Growth Below Expectations,” Dow
Jones, 6/2/06)
• The Number Of First-Time Claims Is Down 6%
From A Year Before While The Number Of According To The Institute For Supply Management,
Continuing Claims Is Down 7%. (Rex Nutting, The Non-Manufacturing Sector Expanded In May For
“Jobless Claims Fall To 4-Month Low Of 295,000,” The 38th Straight Month. (Institute For Supply Management,
MarketWatch, 6/15/06) “May 2006 Non-Manufacturing ISM Report On Business®,” Press
Release, 6/5/06)

The U.S. Current Account Deficit (The Measure Of


International Flows Of Goods, Services And Capital In
And Out Of The U.S.) Narrowed From $223.1 Billion In
The Empire State Manufacturing Index Strengthened The 4th Quarter Of 2005 To $208.7 Billion In The 1st
From 12.9 In May To 29 Points In June. (Greg Robb, Quarter Of 2006. (Rex Nutting, “Current Account Deficit Narrows
“Factory Activity Surges In New York In June,” MarketWatch, 6/15/06) To $208.7 Billion,” MarketWatch, 6/16/06)

Paid for by the Republican National Committee


310 First Street SE, Washington, D.C. 20003 - (202) 863-8614 - www.gop.com
Not authorized by any candidate or candidate committee.