Consumer Sentiment Ratings
The University of Michigan’s Consumer Sentiment is only 12% from this all-time high in Feb or 2000 at 111.2. The June 2019 rate was at 98.2, which was down from May 2019’s rate of 100.0. February 2009 had a low of 56.3. The record low was May 1980 of 51.7 since the service started in March of 1978.
Housing Starts
According to The U.S. Census Bureau and the U.S. Department of Housing and Urban Development, housing starts are going strong in July of 2019. June housing permits were above estimates as were housing starts, and housing completions in July of 2019.
State Employment and Unemployment Summary
Source: United States Department of Labor
For release 10:00 a.m. (EDT) Friday, August 16, 2019
USDL-19-1478
Summary of Departent of Labor Report Below
- Unemployement has been at the historic lows of 3.7% US average for the past 12 months.
- Vermont had the lowest unemploment rate at 2.1%
- Alaska had the highest rate at only 6.3%
- Six states had unemployment decreases
- Two states had unemployment increases
- The other states had satistically insignificant changes.
Technical information:
Employment: (202) 691-6559 * [email protected] * www.bls.gov/sae
Unemployment: (202) 691-6392 * [email protected] * www.bls.gov/lau
Media contact: (202) 691-5902 * [email protected]
STATE EMPLOYMENT AND UNEMPLOYMENT — JULY 2019
Unemployment rates were lower in July in 6 states, higher in 2 states, and stable in 42 states
and the District of Columbia, the U.S. Bureau of Labor Statistics reported today. Three states
had jobless rate decreases from a year earlier, 1 state had an increase, and 46 states and the
District had little or no change. The national unemployment rate, 3.7 percent, was unchanged
over the month and little changed from July 2018.
Nonfarm payroll employment increased in 5 states in July 2019 and was essentially unchanged in
45 states and the District of Columbia. Over the year, 25 states added nonfarm payroll jobs and
25 states and the District were essentially unchanged.
This news release presents statistics from two monthly programs. The civilian labor force and
unemployment data are modeled based largely on a survey of households. These data pertain to
individuals by where they reside. The employment data come from an establishment survey that
measures nonfarm employment, hours, and earnings by industry. These data pertain to jobs on
payrolls defined by where the establishments are located. For more information about the concepts
and statistical methodologies used by these two programs, see the Technical Note.
Unemployment
Vermont had the lowest unemployment rate in July, 2.1 percent. The rates in Alabama (3.3 percent),
Arkansas (3.4 percent), Maine (3.0 percent), and New Jersey (3.3 percent) set new series lows.
(All state series begin in 1976.) Alaska had the highest jobless rate, 6.3 percent. In total,
14 states had unemployment rates lower than the U.S. figure of 3.7 percent, 8 states and the
District of Columbia had higher rates, and 28 states had rates that were not appreciably different
from that of the nation. (See tables A and 1.)
In July, six states had unemployment rate decreases, the largest of which were in Alabama, Maine,
and New Jersey (-0.2 percentage point each). Iowa and Wyoming had over-the-month rate increases
(+0.1 percentage point each). The remaining 42 states and the District of Columbia had jobless
rates that were not notably different from those of a month earlier, though some had changes that
were at least as large numerically as the significant changes. (See table B.)
Three states had unemployment rate declines from July 2018: New Jersey (-0.7 percentage point),
Vermont (-0.6 point), and Wyoming (-0.5 point). The only unemployment rate increase over the year
occurred in Minnesota (+0.6 percentage point).
Nonfarm Payroll Employment
Nonfarm payroll employment increased in five states in July 2019. The largest job gains occurred in
Texas (+35,200), Florida (+22,900), and Washington (+13,400). The largest percentage gains occurred
in Utah (+0.7 percent), Idaho (+0.5 percent), and Washington (+0.4 percent). (See tables C and 3.)
Twenty-five states had over-the-year increases in nonfarm payroll employment in July. The largest
job gains occurred in Texas (+323,300), California (+311,800), and Florida (+227,200). The largest
percentage gains occurred in Nevada and Utah (+3.1 percent each), followed by Washington (+3.0 percent)
and Idaho (+2.8 percent). (See table D.)
_____________
The Metropolitan Area Employment and Unemployment news release for July is scheduled to be released
on Wednesday, August 28, 2019, at 10:00 a.m. (EDT). The State Employment and Unemployment news release
for August is scheduled to be released on Friday, September 20, 2019, at 10:00 a.m. (EDT).
Table A. States with unemployment rates significantly different
from that of the U.S., July 2019, seasonally adjusted
————————————————————–
State | Rate(p)
————————————————————–
United States (1) ……………….| 3.7
|
Alaska …………………………| 6.3
Arizona ………………………..| 4.9
California ……………………..| 4.1
Colorado ……………………….| 2.9
District of Columbia …………….| 5.6
Hawaii …………………………| 2.8
Idaho ………………………….| 2.9
Iowa …………………………..| 2.5
Louisiana ………………………| 4.3
Maine ………………………….| 3.0
|
Massachusetts …………………..| 2.9
Mississippi …………………….| 5.1
Nebraska ……………………….| 3.1
New Hampshire …………………..| 2.5
New Mexico ……………………..| 4.9
North Dakota ……………………| 2.4
South Dakota ……………………| 2.9
Utah …………………………..| 2.8
Vermont ………………………..| 2.1
Virginia ……………………….| 2.9
|
Washington ……………………..| 4.6
West Virginia …………………..| 4.7
Wisconsin ………………………| 3.0
————————————————————–
(1) Data are not preliminary.
(p) = preliminary.
Table B. States with statistically significant unemployment rate changes
from June 2019 to July 2019, seasonally adjusted
————————————————————————-
| Rate |
|———–|———–| Over-the-month
State | June | July | change(p)
| 2019 | 2019(p) |
————————————————————————-
Alabama ……………………| 3.5 | 3.3 | -0.2
Colorado …………………..| 3.0 | 2.9 | -.1
Georgia ……………………| 3.7 | 3.6 | -.1
Iowa ………………………| 2.4 | 2.5 | .1
Maine ……………………..| 3.2 | 3.0 | -.2
Montana ……………………| 3.5 | 3.4 | -.1
New Jersey …………………| 3.5 | 3.3 | -.2
Wyoming ……………………| 3.5 | 3.6 | .1
————————————————————————-
(p) = preliminary.
Table C. States with statistically significant employment changes
from June 2019 to July 2019, seasonally adjusted
————————————————————————————–
| | | Over-the-month change(p)
State | June | July |—————————
| 2019 | 2019(p) | Level | Percent
————————————————————————————–
Florida ………………….| 8,989,100 | 9,012,000 | 22,900 | 0.3
Idaho ……………………| 756,500 | 760,600 | 4,100 | .5
Texas ……………………| 12,810,700 | 12,845,900 | 35,200 | .3
Utah …………………….| 1,556,400 | 1,566,600 | 10,200 | .7
Washington ……………….| 3,496,200 | 3,509,600 | 13,400 | .4
————————————————————————————–
(p) = preliminary.
Table D. States with statistically significant employment changes
from July 2018 to July 2019, seasonally adjusted
————————————————————————————–
| | | Over-the-year change(p)
State | July | July |—————————
| 2018 | 2019(p) | Level | Percent
————————————————————————————–
Alabama ………………….| 2,044,800 | 2,085,100 | 40,300 | 2.0
Arizona ………………….| 2,859,700 | 2,931,900 | 72,200 | 2.5
California ……………….| 17,176,800 | 17,488,600 | 311,800 | 1.8
Colorado …………………| 2,734,300 | 2,787,000 | 52,700 | 1.9
Florida ………………….| 8,784,800 | 9,012,000 | 227,200 | 2.6
Georgia ………………….| 4,542,700 | 4,617,000 | 74,300 | 1.6
Idaho ……………………| 740,000 | 760,600 | 20,600 | 2.8
Illinois …………………| 6,123,300 | 6,186,000 | 62,700 | 1.0
Kentucky …………………| 1,931,700 | 1,959,800 | 28,100 | 1.5
Massachusetts …………….| 3,641,600 | 3,678,900 | 37,300 | 1.0
| | | |
Mississippi ………………| 1,152,700 | 1,171,700 | 19,000 | 1.6
Missouri …………………| 2,892,900 | 2,927,600 | 34,700 | 1.2
Nevada …………………..| 1,385,500 | 1,428,900 | 43,400 | 3.1
New Hampshire …………….| 680,800 | 691,000 | 10,200 | 1.5
New Jersey ……………….| 4,153,700 | 4,202,000 | 48,300 | 1.2
New Mexico ……………….| 841,700 | 861,500 | 19,800 | 2.4
New York …………………| 9,684,600 | 9,780,100 | 95,500 | 1.0
North Carolina ……………| 4,496,500 | 4,572,200 | 75,700 | 1.7
Oregon …………………..| 1,907,800 | 1,944,200 | 36,400 | 1.9
South Carolina ……………| 2,146,100 | 2,179,300 | 33,200 | 1.5
| | | |
South Dakota ……………..| 438,600 | 447,900 | 9,300 | 2.1
Tennessee ………………..| 3,060,500 | 3,115,600 | 55,100 | 1.8
Texas ……………………| 12,522,600 | 12,845,900 | 323,300 | 2.6
Utah …………………….| 1,519,200 | 1,566,600 | 47,400 | 3.1
Washington ……………….| 3,407,200 | 3,509,600 | 102,400 | 3.0
————————————————————————————–
(p) = preliminary.
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