2008-05-08 US Economic Releases


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2008-05-08 Initial Jobless Claims

Initial Jobless Claims (May 3)

Survey 370K
Actual 365K
Prior 380K
Revised 383K

Still far from recession levels anticipated several months ago by most forecasters.

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2008-05-08 Continuing Claims

Continuing Claims (Apr 26)

Survey 3020K
Actual 3020K
Prior 3019K
Revised 3030K

Far from recession levels but the chart is still looking higher. This often lags initial claims.

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2008-05-08 Wholesale Inventories

Wholesale Inventories (Mar)

Survey 0.5%
Actual -0.1%
Prior 1.1%
Revised 0.9%

Another sign that the odds of a recession are lower than anticipated a few months ago.

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2008-05-08 ICSC Chain Store Sales YoY

ICSC Chain Store Sales YoY

Survey n/a
Actual 3.6%
Prior -0.5%
Revised n/a

More evidence the worst is over, and recession was never in the cards.


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