Recent Updates

  • Japan: ** Japan IP forecasts have rebased from 2010=100 to 2015=100. We are currently working on processing the new data.**
  • ** New Zealand Jobs Online has changed its reported frequency from monthly to quarterly and rebased from August 2010=100 to Q4 2010=100. **
  • Australia: PPI, Manufacturing Price, Construction Materials Prices (Mar); New Zealand: Trade by Country by Commodity, International Trade (Mar); ANZ-Roy Morgan Consumer Confidence (Apr)
  • more updates...

Economy in Brief

Initial Claims for Unemployment Insurance Fell
by Tom Moeller July 6, 2006

Initial unemployment insurance claims slipped 2,000 to 313,000 last week after a 6,000 rise the prior week that was upwardly revised, slightly. Consensus expectations had been for 315,000 claims.

The four-week moving average of initial claims rose to 308,500 (-4.8% y/y).

Continuing claims for unemployment insurance rose 52,000 following a 20,000 decline the previous week which was revised from a 54,000 increase reported initially.

The insured rate of unemployment was stable at 1.9% where it has been since February.

If You Lost Your Job from the Federal Reserve Bank of Minneapolis can be found here.

Unemployment Insurance (000s) 06/31/06 06/24/06 Y/Y 2005 2004 2003
Initial Claims 313 315 -4.0% 332 343 403
 Continuing Claims -- 2,455 -5.6% 2,663 2,923 3,530
large image