Recent Updates
- France: **France Wages and Earnings Rebased to Q2-2017=100**
- Flash PMIs: Japan, France, Germany, Euro Area, US (Sep)
- Canada: CPI (Aug), Retail Trade (Jul)
- Canada Regional: CPI by Province (Aug), Retail Trade by Province (Jul)
- Norway: International Reserves (Aug), Government Debt (Q2); Finland: Quarterly Sector Accounts, Government Balance (Q2); Denmark: Property Price Indexes (Q2); Iceland: Wage Index (Aug)
- Turkey: IIP & Intl Reserves (Jul); South Africa: Retail Survey (Q4); Mauritius: PPI (Jun); Lebanon: CPI (Aug)
- more updates...
Economy in Brief
EMU Sinks on New Flash PMI Readings
The EMU PMI sank to its cyclical low in mid-2016 then hit its cycle higher in 2018...
U.S. Financial Accounts See Borrowing Ease with Downswing in Federal Government Needs
Borrowing in U.S. financial markets slowed in Q2 2018...
U.S. Leading Economic Indicators Increase
The Conference Board's Composite Index of Leading Economic Indicators increased 0.4% (6.4% y/y)...
U.S. Existing Home Sales Hold Steady
The National Association of Realtors reported that sales of existing homes during August were unchanged at 5.340 million (SAAR, -1.5%)....
Philadelphia Fed Factory Conditions Improve; Prices Weaken Again
The Philadelphia Fed that its General Factory Sector Business Conditions Index rose to 22.9 during September...
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 |
