2008-02-21 US Economic Releases

2008-02-21 Initial Jobless Claims

Initial Jobless Claims (Feb 16)

Survey 349K
Actual 349K
Prior 348K
Revised 358K

Down a bit but lost a day in California. Chart looks like it’s drifted to a bit higher levels.

Still not recession type numbers yet, however.


2008-02-21 Continuing Claims

Continuing Claims (Feb 9)

Survey 2760K
Actual 2784
Prior 2761K
Revised 2736

Also looking like it’s moved up to higher levels, but still far from typical recession levels.


2008-02-21 Philadelphia Fed.

Philadelphia Fed. (Feb)

Survey -10.0
Actual -24.0
Prior -20.9
Revised n/a

Looks serious!  Strange that employment was up 2.5, however, and, of course, prices on the rise.


2008-02-21 Leading Indicators

Leading Indicators (Jan)

Survey -0.1%
Actual -0.1%
Prior -0.2%
Revised -0.1%

Still drifting lower, but no collapse.