- Initial Jobless Claims (Released 8:30 EST)
- Continuing Jobless Claims (Released 8:30 EST)
- Mortgage Delinquencies (Released 10:00 EST)
- Mortgage Delinquencies Survey (Released 10:00 EST)
- ICSC Chain Store Sales YoY (Released 10:15 EST)
Initial Jobless Claims (May 31)
| Survey | 375K |
| Actual | 357K |
| Prior | 372K |
| Revised | 375K |
Whoops, no recession here – the ‘better than expected’ trend continues.
Continuing Claims (May 24)
| Survey | 3110K |
| Actual | 3093K |
| Prior | 3104K |
| Revised | 3109K |
And these are now coming off as well.
The Great Repricing of Risk -‘the worst recession since the Great Depression’- is looking more like a tiny blip for the real economy?
Mortgage Delinquencies (1Q)
| Survey | n/a |
| Actual | 6.35% |
| Prior | 5.82% |
| Revised | n/a |
Mortgage Delinquencies Survey
Lagging indicators that shows how bad it was, probably in Q4 2007.
[top][end]
ICSC Chain Store Sales YoY (May)
| Survey | 1.8% |
| Actual | 3.0% |
| Prior | 3.6% |
| Revised | 3.5% |
And yet another better than expected number.
The recent numbers are most likely better than Fed forecasters expected as well
[top]