Washington DC - March 11 - Working gas in storage was 1,626 Bcf as of Friday, March 5, 2010, according to EIA estimates. This represents a net decline of 111 Bcf from the previous week. Stocks were 71 Bcf less than last year at this time.

To read the entire report, CLICK HERE

Washington DC - March 11 - A restructuring of mortgage giants Fannie Mae and Freddie Mac has been put on hold in what has become the most costly component of the federal bailout of the financial system, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - March 11 - Department Of Health and Human Services Secretary Sebelius cited skyrocketing insurance premiums and the need for health care reform in an address to a conference of America’s Health Insurance Plans.

For excerpts of her remarks, CLICK HERE

Washington DC - March 11 - Treasury Secretary Timothy F. Geithner offered testimony before the House Committee on Appropriations on the department’s Fiscal year 2011 budget and its efforts at reinforcing strong, broad-based economic growth.

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Washington DC - March 11 - The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced that total January exports of $142.7 billion and imports of $180.0 billion resulted in a goods and services deficit of $37.3 billion, down from $39.9
billion in December, revised.

To read the entire report, CLICK HERE

Washington DC - March 11 - In the week ending March 6, the advance figure for seasonally adjusted initial claims was 462,000, a decrease of 6,000 from the previous week’s revised figure of 468,000.

To read the entire report, CLICK HERE

Washington DC - March 10 - House Democratic leaders are working on reform of congressional earmarks that most likely would impose a one-year ban on earmark expenditures to for-profit companies, as reported in The Washington Post.

To read the Washington Post article, CLICK HERE

Washington DC - March 10 - Total inventories of merchant wholesalers were $382.2 billion at the end of January, down 0.2 percent from the revised December level and were down 9.7 percent from a year ago.

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Washington DC - March 10 - Proposed federal energy efficiency jobs provisions would create about 333,000 jobs in 2010 and then 184,000 jobs in 2011, according to a new analysis released by the American Council for an Energy-Efficient Economy.

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Washington DC - March 10 - The Internal Revenue Service announced several additional steps it is taking this tax season to help people having difficulties meeting their tax obligations because of unemployment or other financial problems.

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Washington DC - March 10 - EIA forecasts that the annual average retail gasoline price will increase from $2.35 per gallon in 2009 to $2.84 in 2010 and to $2.96 in 2011 because of projected rising crude oil prices.  Average U.S. pump prices likely will exceed $3 per gallon at times during the forthcoming spring and summer driving season.

To read the entire report, CLICK HERE

Washington DC - March 10 - There were 2.7 million job openings on the last business day of January 2010, the U.S. Bureau of Labor Statistics reported. The job openings rate rose over the month to 2.1 percent, the highest the rate has been since February 2009.

To read the entire report, CLICK HERE

Washington DC - March 9 - Import cargo volume at the nation’s major retail container ports is expected to be up 13 percent in March compared with the same month a year ago, and double-digit increases are expected to continue through the summer as the U.S. economy improves.

To read the entire report, CLICK HERE

Washington DC - March 9 - The fifth edition of the Power of Meat, a joint study by the American Meat Institute and the Food Marketing Institute, finds that the recession is continuing to impact food purchasing and consumption behavior, including the meat department.

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Washington DC - March 9 - The Conference Board Employment Trends Index™ (ETI) rose in February for the sixth consecutive month. During the past six months, the index increased by 13.4 percent (annual rate), the highest six-month growth rate since 1994.

To read the entire report, CLICK HERE