Recent Updates
- Turkey: External Debt Payments (Nov)
- Brazil: PPI (Oct)
- Mexico: Economic Activity (Sep)
- Palestine: Depository Corporations Survey (Oct)
- China: Bond Issuance (Q3), Banking Asset and Liabilities (Oct)
- more updates...
Economy in Brief
U.S. New Home Sales Almost Unchanged Since August
New single-family home sales around the country changed very little in October and also in September...
U.S. Q3 Growth GDP Unrevised at 33.1%; Corporate Profits Rebound
The second estimate of Q3 U.S. real GDP indicated that economic activity rose an unrevised 33.1% q/q...
U.S. Durable Goods Orders Rise Further in October
Manufacturers’ orders for durable goods increased 1.3% m/m (-0.3% y/y) in October...
U.S. Goods Trade Deficit Deepens During October
The advance estimate of the U.S. trade deficit in goods deepened to $80.29 billion during October...
U.S. Initial Jobless Claims Rise for a Second Week
Initial claims for regular state unemployment insurance rose again this past week ending November 21 to 778,000...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
by Tom Moeller October 27, 2005
Initial claims for unemployment insurance fell 28,000 to 328,000 last week versus a little revised 35,000 decline during the prior period. Consensus expectations had been for 340,000 claims.
The four-week moving average of initial claims fell to 366,500 (+7.8% y/y).
Continuing claims for unemployment insurance rose 42,000 following a downwardly revised 4,000 gain during the prior week.
The insured rate of unemployment rose to 2.3% from 2.2% during the prior four weeks. The low in early September was 2.0%.
| Unemployment Insurance (000s) | 10/22/05 | 10/15/05 | Y/Y | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|
| Initial Claims | 328 | 356 | -3.5% | 343 | 402 | 404 |
| Hurricane Related Claims (000, NSA) | 40 | 75 | ||||
| Continuing Claims | -- | 2,904 | 3.2% | 2,926 | 3,531 | 3,570 |
