Recent Updates
- UK: National Insurance Number Allocations (Q3), Capital Issuance, Motor Vehicle Production, Average Precipitation (Oct)
- Spain: Balance Sheet of other MFI (Oct)
- Bulgaria: Gov't Securities & Interbank Money Market Deposits (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 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 |
