THE BASIS POINT

Initial Jobless Claims Remain low.

 

International Trade in Goods (June 2016)

– Goods Trade Deficit $63.3 billion. Previous was $61.1 billion

Exports were up 0.9%.

 
Initial Jobless Claims (week ended 7/23/2016)

– New Claims seasonally adjusted 266,000. Previous was 252,000
– New Claims unadjusted totaled 231,325 a decrease of 36,971 from previous
– 4-week moving average 256,500. Previous was 257,500

Initial Jobless Claims remain low.

 
Wholesale Trade (June 2016)

– Inventories month/month +0.0%. Previous was +0.1%.

This is a component of GDP.

 

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