- Weekly: **Unemployment Initial Claims Data have been revised**
- US: Housing Starts by State and Region (Feb)
- CPB World Trade Monitor (Jan)
- CPB World Trade Monitor (Jan)
- France: Registered Unemployed & Job Vacancies (Feb)
- US: Household Employment for States and Regions (Feb)
- US: Wholesale Trade Revisions, Advance Durable Goods (Feb)
- Manufacturing Survey - Markit US (Flash - Mar), Composite Survey - US (Flash - Mar), Services Survey - US (Flash - Mar)
- more updates...
Economy in Brief
Correction to Unemployment Insurance Weekly Claims
The Department of Labor has issued a correction to yesterday's annual revision to seasonally adjusted weekly unemployment claims...
EMU PMIs Are Off to the Races...Farewell Mediocrity?
The PMI rankings for the manufacturing and service sector PMIs in the EMU are suddenly off the chart...
U.S. New Home Sales Improve While Prices Decline
Sales of new single-family homes increased 6.1% (12.8% y/y) during February to 592,000 units (AR)...
Kansas City Federal Reserve Factory Index Strengthens; Expectations Surge
The Kansas City Fed reported that its index of regional manufacturing sector business activity increased to 20 during March...
U.S. Initial Unemployment Insurance Claims Rise
Initial claims for unemployment insurance increased to 258,000 (-3.0% y/y) during the week ended March 18...
U.K. Retail Looks Less Bulletproof
For the most part, the assessments embodied in the March survey from the UK's CBI are being taken as being upbeat...
by Carol Stone, CBE December 29, 2016
Initial claims for unemployment insurance eased to 265,000 (-7.0% y/y) in the week ended December 24 following an unrevised increase to 275,000 in the December 17 week. Expectations in the Action Economics Forecast Survey also showed 265,000 claims. The four-week moving average of claims decreased slightly to 263,000 from 263,750 the week before.
Continuing claims for unemployment insurance increased to 2.102 million (-5.0% y/y) in the December 17 week from 2.039 million. The four-week moving average of claimants was up slightly to 2.042 million from 2.038 million.
The insured rate of unemployment was 1.5%, which is also the average since September. The record low of this 45-year-old series was 1.4% in the week ended November 5.
Insured rates of unemployment across states continue to vary. Among the lower-48 states, for the week ended December 10, the lowest rates were in Florida (0.56%), North Carolina (0.61%), Tennessee (0.65%) and Nebraska (0.67%); two states were tied at 0.70%: South Dakota and Virginia. The highest rates were found in Montana (2.60%), New Jersey (2.48%), Pennsylvania (2.35%), California (2.33%) and Connecticut (2.24%). The state data are not seasonally adjusted, and possibly seasonal forces account for at least some part of the jump in Alaska to 4.78% from 4.04% the week before.
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 (SA, 000s)||12/24/16||12/17/16||12/10/16||Y/Y %||2015||2014||2013|
|Insured Unemployment Rate (%)||--||1.5||1.5||