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Thursday, August 26, 2010

today’s data 2010-08-26

The Labor Department reported initial unemployment claims last week fell to 473,000. This decline of 31,000 was higher than economists' predictions of a 10,000 drop. Continuing claims also decreased by 62,000 to a total of 4.456 million. However, the four-week moving average for initial claims increased by 3,250 to 486,750, which is the highest level since November 2009. The Labor Department also made an upward revision of 4,000 initial claims for the week ended Aug. 14 to 504,000.

 

 

( load your truck. let’s go north)

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