The Numbers will be a recurring feature of The JRW Report.  We will gather information on important numbers that have been reported and summarize them and maybe even give our two cents.  So here are The Numbers for the last few days:

Gasoline - average gasoline prices are up less than a penny across California making the average of self-serve regular in California $2.424 a gallon, an increase of .7 cents in the last week.  This information is according to the Energy Information Administration, an arm of the federal Energy department.

Lay-offs - Daimer-Chrysler is eliminating 6,000 jobs white-collar jobs.  They expect to save $1.8 billion a year by doing so.  About 60% of those jobs will be in ermany and 25% in the U.S. and Canada.  The remaining 15% is spread throughout the world.  The positions are mainly management and administrative staff.  Industry analysts are viewing the layoff positively.

Lawsuits - IBM is being sued for denying overtime pay to their workers who install and maintain computers.  The JRW Report will be providing a more detailed report on this lawsuit and the overtime laws.

The Economy - The Pew Research Center released a report that people are skeptical about the economy.  They are worried about the costs of gas, heating oil, and healthcare.  There are sharp partisan differences with Republicans being more optimistic than either Democrats or Independents. 

The Conference Board reports that the U.S. index of leading indicators rose .1% in December to 138.5.  This number is just below market expectations but is considered positive because it showed growth for the third straight month.

 

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