- US: Advance Durable Goods, Advance Trade & Inventories (Mar)
- Brazil: PPI (Mar); Mexico: Compensation and Productivity (Feb)
- Canada: Payroll Employment, Earnings, & Hours (Feb)
- Spain: Advanced HICP & CPI, Construction Business Survey Press (Apr)
- Belgium: CPI (Apr)
- Germany: GfK Consumer Climate Survey, State CPI: Bavaria, Saxony, Berlin, Hesse, North Rhine-Westphalia, Brandenburg (Apr)
- Building Permits (Feb)
- UK: Motor Vehicle Production (Mar)
- more updates...
Economy in Brief
U.S. Gasoline Prices Are Little-Changed; Crude Oil Falls
Regular gasoline prices of $2.45 per gallon last week (13.3% y/y)...
Japan's METI Indexes Show Ongoing Gains
The services sector is assessed by the METI indexes where it is named the 'tertiary sector.' That sector index rose to 104.1 in February...
U.S. New Home Sales & Prices Strengthen
Sales of new single-family homes increased 5.8% (15.6% y/y) during March to 621,000...
U.S. Consumer Confidence Backpedals
The Conference Board Consumer Confidence Index fell 3.7% during April (+27.0% y/y) to 120.3...
U.S. FHFA House Price Index Regains Strength
The FHFA U.S. house prices increased 0.8% during February (6.5% y/y)...
French Manufacturing and Service Sectors Weaken But Stay on Trend or Hold Recent Gains
The French manufacturing sector trend index is down to 1 in April from 3 in March...
by Tom Moeller April 28, 2016
Initial claims for unemployment insurance increased to 257,000 during the week ended April 23 after falling to 248,000 in the prior week, revised from 247,000. Expectations were for 255,000 applications in the Action Economics Forecast Survey. The four-week moving average of claims declined to 256,000, its lowest level of the economic recovery.
In the week ending April 16, continuing claims for unemployment insurance eased to 2.130 million (-5.5% y/y) from 2.135 million. The four-week moving average fell to 2.158 million, a new low for the economic expansion.
The insured rate of unemployment remained at 1.6%, the low point of the economic recovery.
Insured rates of unemployment across states continued to vary. Near the low end of the range were South Dakota (0.48%), Florida (0.60%), North Carolina (0.64%), South Carolina (0.76%), Tennessee (0.81 %) and Virginia (0.83%). At the high end of the scale were Illinois (2.34%), Massachusetts (2.36%), Connecticut (2.48%), Pennsylvania (2.62%), New Jersey (2.68%) and Alaska (4.00%). The state data are not seasonally adjusted.
Data on weekly unemployment insurance are contained in Haver's WEEKLY database and they are summarized monthly in USECON. Data for individual states are in REGIONW. The expectations figure is from the Action Economics survey, carried in the AS1REPNA database.
|Unemployment Insurance (000s)||04/23/16||04/16/16||04/09/16||Y/Y||2015||2014||2013|
|Insured Unemployment Rate (%)||--||1.6||1.6||