Jobless Claims Remain low.
Jobless Claims (week ended 10/4/2014)
– New Claims (seasonally adjusted) 287,000. Previous was 288,000
– New Claims (unadjusted) totaled 257,736 an increase of 30,056 the previous week.
– 4-week Moving Average 287,750. Previous was 295,000
Wholesale Trade (August 2014)
– Inventories month/month +0.7%. Previous was +0.3%,
This is another case of the supply side getting ahead of the demand side. This number is a GDP component.