Recent Updates
- Euro area: ACEA Commercial Vehicle Registrations (Jul, Aug)
- Norway: LFS (Jul)
- Vietnam: Industrial Production (2017); Singapore: IP (Aug)
- Japan: Bank of Japan Core CPI (Aug)
- Monthly Labor Survey by Prefecture (Apr)
- Australia: Value of Private Construction (Q2); New Zealand: BOP, IIP (2018), International Trade, Residential Mortage, Foreign Currency Assets and Liabilities and Currency Flows (Aug)
- more updates...
Economy in Brief
U.S. FHFA House Price Rise Moderates
The Federal Housing Finance Agency (FHFA) Price Index for house purchases increased 0.2% in July (6.4% y/y)...
Philadelphia Fed Nonmanufacturing Business Activity Index Improves
The Philadelphia Fed reported that its Nonmanufacturing Business Index of current conditions at the company level increased to 46.8 in September...
U.S. Gasoline Prices Remain High; Crude Oil Costs Strengthen
Gasoline prices, at $2.84 per gallon last week (10.1% y/y), were unchanged from the prior week...
French Manufacturing Takes a Sizable Step Back
France's INSEE manufacturing survey fell sharply as the headline climate index shed the better part of three points...
Texas Factory Sector Index Retreats; Expectations Are Mixed
The Dallas Fed indicated in its Texas Manufacturing Outlook Survey that the General Business Activity Index fell to 28.1 in September...
by Tom Moeller November 23, 2005
Initial claims for unemployment insurance rose 30,000 to 335,000 last week and reversed the little revised 23,000 decline the prior week. Consensus expectations had been for a lesser increase to 311,000 claims.
Hurricane related claims totaled 21,000 and brought the total of the three storms during the last twelve weeks to 582,000.
The four-week moving average of initial claims ticked up slightly to 323,250 (-2.5% y/y).
Continuing claims for unemployment insurance rose a sharp 59,000 following three successive weeks of decline.
The insured rate of unemployment held at 2.2% for the ninth consecutive week.
Minutes of the Federal Open Market Committee November 1, 2005 can be found here.
Estimating the "Neutral" Real Interest Rate in Real Time from the Federal Reserve Bank of San Francisco is available here.
| Unemployment Insurance (000s) | 11/19/05 | 11/12/05 | Y/Y | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|
| Initial Claims | 335 | 305 | 3.4% | 343 | 402 | 404 |
| Continuing Claims | -- | 2,824 | 3.1% | 2,926 | 3,531 | 3,570 |
