Initial jobless claims down to 197k vs. 200k est. & 198k prior; continuing claims at 1.719M vs. 1.740M est. & 1.717 prior … greatest increases in CA (+2.5k), HI (+1.5k), & NY (+1.1k); greatest decreases in MA (-0.5k), AR (-0.3k), & KY (-0.3k)
Initial claims below 200k, continuing claims down 10% the past year, the control group running at 5% plus the past three months, and restaurant spending at 10%.
Yes, yields and oil are higher, but that isn't slowing down the consumer yet.
Initial jobless claims down to 196k vs. 207k est. & 206k prior; continuing claims at 1.730M vs. 1.779M est. & 1.769 prior … greatest increases in KY (+1.0k), HI (+0.2k), & AR/MA (+0.1k); greatest decreases in CA (-4.6k), TX (-3.0k), & MI (-2.2k)