Jobs Market Healthy. Manufacturing Softer.

Initial Jobless Claims (week ended 3/21/2015)

 

– New Claims seasonally adjusted 282,000. Previous was 291,000
– New Claims unadjusted totaled 247,256  a decrease of 12,986 from previous
– 4-week Moving Average -297,000. Previous was 304,750

 

PMI Services Flash (March 2015)

 

– Level  58.6. Previous was 57.0.

Unlike the manufacturing sector, the service sector is improving.

 

Kansas City Federal Reserve Manufacturing Index

 

– level -4. Previous was +1.