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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