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MOSLER'S LAW: There is no financial crisis so deep that a sufficiently large tax cut or spending increase cannot deal with it.
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Data Review

Posted by WARREN MOSLER on September 17th, 2009


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Karim writes:

‘Mixed’

Claims

  • Initial down 12k to 545k
  • Continuing + Emergency + Extended up 161k

Housing

  • Starts up 0.2% in August with single family down 3%, first drop in this sector since Feb
  • Permits up 2.7% with single family down 0.2%, first drop in this sector since March

Philly Fed

  • Headline improves 10pts to 14.1, but details on the weak side (headline not a weighted avg of components)
  • Prices Paid less Prices Received, new orders, and number of employees all worsen. Improvement most notable in current shipments.


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This entry was posted on Thursday, September 17th, 2009 at 12:43 pm and is filed under Daily, Employment, Fed, Housing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Data Review”

  1. Jim Baird Says:
    September 18th, 2009 at 4:51 pm

    Here’s an interesting data point:

    http://www.dailymail.co.uk/home/moslive/article-1212013/Revealed-The-ghost-fleet-recession-anchored-just-east-Singapore.html

    Reply

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