THE BASIS POINT

Wholesale – a Component of GDP – Improves.

 

Initial Jobless Claims (week ended 6/4/2016)

– New Claims seasonally adjusted 264,000. Previous was 268,000
– New Claims unadjusted totaled 232,507 a decrease of 14,560 from previous
– 4-week Moving Average seasonally adjusted 269,500. Previous was 277,000

 

Wholesale Trade (April 2016)

– Inventories month/month +0.6%. Previous was +0.2%

This is a GDP component.

 

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