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Strong Economic News


(February 21, 2006)  The Department of Labor released the Winter 2005-2006 Edition of The Labor Advocate, a quarterly publication. It details strong economic news regarding the January 2006 data.
  • 4.7% unemployment the lowest monthly rate since July 2001 and lower than the average of the 1970s, 1980s and 1990s
  • Over 2 million jobs created in 2005
  • Construction spending rose in December to a record high of $1.12 trillion
  • Manufacturing activity grew for the 32nd consecutive month in January 2006
  • Housing starts in 2005 rose to 2.065 million units 5.6% over 2004 and the highest level in over 30 years
  • Consumer confidence is at its highest level in 3 years
Download the entire edition of the The Labor Advocate

John Sumser

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