Initial Jobless Claims Remain Low.
Initial Jobless Claims (week ended 4/4/2015)
– New Claims seasonally adjusted 281,000. Previous was 267,000.
– New Claims unadjusted, totaled 253,016 an increase of 13,269 from previous
– 4-week Moving Average seasonally adjusted 282,250. Previous was 285,240
Last week’s BLS report was a reminder that low Initial Claims do not translate into sizable jobs gains.
Bloomberg Consumer Comfort Index (week ended 4/5/2015)
– Level 47.9. Previous was 46.2.
Let’s see if consumers really increase spending.
Wholesale Trade (February 2015)
– Inventories month/month +0.3%. Previous was +0.4%.
This is a GDP component.