THE BASIS POINT

Jobless Claim Remain Low.

 

Initial Jobless Claims (week ended 9/3/2016)

– Initial Claims seasonally adjusted 259,000. Previous was 263,000
– Initial Claims unadjusted, totaled 218,300 an increase of 3,151 from previous
– 4-week Moving Average 261,250. Previous was 263,000

 
Quarterly Information Services Survey (2ndQ2016)

– Information Revenue quarter/quarter -0.1%. Previous was +1.4%
– Information Revenue year/year +3.8%. Previous was +5.7%

The survey from the Census Bureau quarterly services focuses on information and technology-related service industries.

 

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