- Initial Jobless Claims
- Continuing Claims
- Leading Indicators
- Philadelphia Fed.
Initial Jobless Claims (Apr 12)
| Survey | 375K |
| Actual | 372K |
| Prior | 357K |
| Revised | 355K |
Not impossible that this spike to over 400,000 might be ending, much like in 2005, this time with help from a fiscal package and and government spending moved forward from 2007 to 2008.
Continuing Claims (Apr 5)
| Survey | 2950K |
| Actual | 2984K |
| Prior | 2940K |
| Revised | 2958K |
This lags the claims a bit, and could go further, but still not looking like recession type levels
Leading Indicators (Mar)
| Survey | 0.1% |
| Actual | 0.1% |
| Prior | -0.3% |
| Revised | n/a |
The future is starting to look a touch better, and the Fed uses ‘forward looking’ models.
Philadelphia Fed. (Apr)
| Survey | -15.0 |
| Actual | -24.9 |
| Prior | -17.4 |
| Revised | n/a |
Philadelphia Fed. TABLE
The Phili area is still in a ‘soft spot’ with only prices paid showing real strength.
Twin themes remain from Q2 06: weakness and higher prices.