Recent Updates
- Vietnam: Industrial Production (May)
- Indonesia: Foreign Reserves (Apr)
- Vietnam: Retail Sales, CPI, International Trade (May)
- Philippines: Producer Price Index (Apr)
- Japan: Labor Force Survey, Petroleum Production (Apr), Tokyo CPI (May),
- more updates...
Economy in Brief
U.S. Pending Home Sales Plunge to Record Low
Pending home sales fell 21.8% in April...
U.S. GDP Decline in Q1'20 is Deepened; Corporate Profits Plunge
Revised GDP figures continue to show sharp falloff in activity...
Kansas City Fed Factory Remains Negative, but Deterioration Moderates
Midwest economic activity continues to decline...
State & Pandemic Assistance Initial Claims Total 46.7 Million in Last Ten Weeks
Initial jobless claims decreased to a still extremely-elevated 2.123 million in the week ending May 23...
Italian Confidence Erodes
Italy's consumer and business indexes plunge in May...
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 |
