THE BASIS POINT

Initial Jobless Claims up Slightly.

Initial Jobless Claims (week ended 6/25/2016)

– New Claims seasonally adjusted 268,000. Previous was 258,000
– New Claims unadjusted totaled 261,640 an increase of 13,055 from previous
– 4-week Moving Average 266,750. Previous was 266,750

 

Chicago PMI (June 2016)

– Business Barometer Index 56.8. Previous was 49.3

Growth and a lot stronger than expectation. This is a supply side survey metric.

 
Comments [ 0 ]

    Speak Your Mind

    ten + seven =