ECONOMIC STATISTICS-MARCH, 2005









 

 

 

 

    The New York Times reported on Sunday, April 3, 2005 that the occupancy rate for New York City hotels for the week ended March 26 of this year was 86.7%, and that the rate for the week ended March 19 of this year was 85.7%. The rate for the corresponding week last year was 82.9%.  (Source: Regional Economy report, in Job Market section, New York Times, Sunday, April 3, 2005, page 1).

    In the same April 3, 2005 issue, the New York Times reported that traffic on Hudson River and Staten Island bridges had increased in the month ended March 30 of this year to 354,035 vehicles, compared to 327,920 vehicles for the previous week (March 23, 2005), and from the 339,110 count for the week ended on March 31, 2004.  (Source: Regional Economy report, in Job Market section, New York Times, Sunday, April 3, 2005, page 1). [G. Dempsey note: This increase in traffic on the city's bridges came despite the spike in gasoline prices noted by the U.S. Energy Department in he following report.]   

 

    The United States Department of Energy reported on Monday, March 21, 2005 that the nationwide average price for a gallon of regular gasoline had climbed to an all-time record high US$2.109, up by 2.6% from its price the week before, but this price is not adjusted for inflation.  (SOURCE:  Report, "Average price of regular gas hits $2.109" no author given, Money section B, USA Today, Tuesday, March 22, 2005, page 1B). 

 

      

               

                                                                                                                                                                           EXIT:  WELCOME SCREEN