THE BASIS POINT

Jobless Claims up but still low.

 

Initial Jobless Claims (week ended 8/8/2014)

– Initial Claims 311,000. Previous was 290,000

– 4-week Moving Average 297,750. Previous was 293.750

 

Import & Export Prices  (July 2014)

– Export Prices month/month +0.0%. Previous was -0.4%

– Export Prices year/year +0.4%. Previous was +0.2%

– Import Prices month/month -0.2%. Previous was -0.2%

– Import Prices year/year +0.8%. Previous was +1.2%.

While having low inflation is good, the flat numbers could indicate softening worldwide demand.

 

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