Initial Jobless Claims Remain low.
Initial Jobless Claims (week ended 3/5/2016)
– New Claims seasonally adjusted 259,000. Previous was 277,000
– New Claims, unadjusted, totaled 247,991 a decrease of 17,800 from previous
– 4-week Moving Average seasonally adjusted 267,500. Previous was 270,000
Quarterly Services Survey (4thQ2015)
– Information Revenue quarter/quarter +1.8%. Previous was +0.8%
– Information Revenue year/year +4.7%. Previous was +3.9%
This is a s survey index taken by the Census Bureau. This is an oddball index measuring information and technical services as well as waste management. May have something to do with “Garbage in, garbage out.”