Recent Updates
- US: Consumer Sentiment (Aug-prelim), Import/Export Prices (Jul)
- US: Consumer Sentiment Detail (Aug-prelim)
- US: Vehicle Miles Driven by State (Jun)
- Bulgaria: Agricultural PPI (Q2) Central Bank Survey (Jul)
- Blue Chip: Blue Chip Economic Indicators (Aug)
- more updates...
Economy in Brief
U.S. Housing Affordability Declines Further in June
The NAR Fixed Rate Mortgage Housing Affordability Index fell 3.6% in June...
EMU Output Makes Solid Gain in June
The European Monetary Union posted a 0.7% increase for industrial output in June...
U.S. Producer Prices Fall During July; Core Increase Weakens
The Producer Price Index for Final Demand fell 0.5% during July...
U.S. Unemployment Claims Continue on an Uptrend
Initial claims for unemployment insurance filed in the week ended August 6 rose 14,000 to 262,000...
RICS Survey Points to More U.K. Housing Sector Weakness
The survey of housing market conditions in the U.K. continues to show strength in prices versus weakness...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
by Tom Moeller November 10, 2005
A 2,000 increase in initial claims for unemployment insurance to 326,000 reversed only a piece of the prior week's revised 6,000 decline. Consensus expectations had been for 323,000 claims.
The four-week moving average of initial claims fell sharply to 334,250 (-0.3% y/y).
Continuing claims for unemployment insurance rose 23,000 following a downwardly revised 72,000 drop during the prior week.
The insured rate of unemployment remained at 2.2% for the seventh week.
| Unemployment Insurance (000s) | 11/05/05 | 10/29/05 | Y/Y | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|
| Initial Claims | 326 | 324 | -1.5% | 343 | 402 | 404 |
| Continuing Claims | -- | 2,818 | 0.8% | 2,926 | 3,531 | 3,570 |
