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The Economy.(A)

Investor's Business Daily

| January 02, 2001 | COPYRIGHT 2001 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Help-wanted index sank in Nov.

The Conference Board index fell to 75 from October's reading of 79 and from 85 in November 1999. Fewer ads in U.S. newspapers are the result of the cooler economy and lower demand for workers, analysts said. "The latest readings on want-ad volume suggest that there will be no quick return to the earlier strongpace. Hiring could soften in the first half of 2000," said the board's Ken Goldstein.

Construction start

s fell in Nov.

They fell 5% to a seasonally adjusted annual rate of $451 billion, said F.W. Dodge, a unit of McGraw Hill Cos. A big decline in single-family starts draggedthe overall figure lower, the report said. F.W. Dodge said demand for homes will weaken as consumer confidence slips further, a result - and a cause - of ageneral economic slowdown.

New York-area business activity

eased in December: NAPM-N.Y.

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