Recent Updates
- Italy: CPI, HICP Final (Sep)
- UK: Claims (Sep), Earnings (Aug), Employment (Jul)
- Turkey: Trade & Service Indices (Aug); Iraq: Public Budget (Jul)
- Croatia: CNB Balance Sheet (Sep-Prelim), CPI, HICP (Sep), Hungary: BOP (Aug); Russia: Core CPI ex Food & Petrol, Banking Sector Overview (Sep); Czech Republic: PPI (Sep); Lithuania: PPI, CPI (Sep); Montenegro: HICP (Sep)
- Finland: Trend Indicator of Output (Aug); Norway: House Price
- more updates...
Economy in Brief
U.S. Government Budget Deficit Deepens to the Largest in Six Years
During FY'18, the federal government ran a 779.0 billion budget versus a 665.8 billion deficit in FY'17...
Empire State Manufacturing Index Increases; Prices Decline
The Empire State Manufacturing Index of General Business Conditions rose to 21.1 in October...
U.S. Business Inventory Accumulation Eases
Total business inventories increased 0.5% (4.2% y/y) during August...
Finland’s Inflation Stays Low -- Mostly
Finland is experiencing three distinct forces on the inflation front...
U.S. Home Affordability Improves M/M
The NAR Composite Index of Home Affordability declined 8.3% y/y during August to 141.2...
by Tom Moeller November 3, 2005
Initial claims for unemployment insurance fell 8,000 to 323,000 last week versus a little revised 26,000 decline during the prior period. Consensus expectations had been for 330,000 claims. The decline lowered the level of claims to the lowest since late August.
The four-week moving average of initial claims fell to 350,500 (+3.5% y/y).
Continuing claims for unemployment insurance fell 44,000 following a downwardly revised 5,000 increase during the prior week.
The insured rate of unemployment remained at 2.2% where it has been during the last six weeks.
| Unemployment Insurance (000s) | 10/29/05 | 10/22/05 | Y/Y | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|
| Initial Claims | 323 | 331 | -3.6% | 343 | 402 | 404 |
| Continuing Claims | -- | 2,823 | 1.2% | 2,926 | 3,531 | 3,570 |
