Jobless Claims Remain low.

Initial Jobless Claims (week ended 8/13/2016)

– New Claims seasonally adjusted 262,000. Previous was 266,000
– New Claims unadjusted, totaled 219,544, a decrease of 11,991 from previous
– 4-week Moving Average 265,250. Previous was 262,750

 
Philadelphia Federal Reserve Business Outlook Survey (August 2016)

– General Business Conditions Index 2.0. Previous was -2.9.

This bit of data is deceptive because the strength was in shipments while order, inventory, and employment weakened.

 
Leading Indicators (July 2016)

– Leading Indicators month/month +0.4%. Previous was +0.3%,

LEI is a weighted composite of 10 forward looking indicators.