Economic Reports 02/22/07
Japan's Nikkei 225 +1.1% topping the 18,000 mark for the 1st time since May 2000, a day after the Bank of Japan raised interest rates 0.25% to 0.50%.
$13 B 5 year note auction, a mediocre sale. A decent 26.5% indirect bidder participation, a relatively low bid to cover ratio of 2.43.
Initial Claims 02/17 - DOWN -27K to 332K Full Report
Inside the number: prior revised UP 2K to 359K. 4 week MA UP +1.25K to 325,250. Continuing claims DOWN -45K to 2.5M, 4 week MA UP +6.75K to 2.52M
Enquiring Naybobs want to know, how bad is it really getting? Lets look under the covers and see..
States with an increase of 1000 or more claims:
State Change State Supplied Comment
SC +2,334 manufacturing
NC +2,518 construction, food, textile, and lumber/wood industries
WI +4,926 construction, transportation, warehousing, and manufacturing
OH +5,282 automobile industry
PA +7,657 construction, service, electrical equipment, and transportation
Seems to be a common theme or drum we have been bangin on in the nature of jobs lost, our durable economic base is getting gutted.
$13 B 5 year note auction, a mediocre sale. A decent 26.5% indirect bidder participation, a relatively low bid to cover ratio of 2.43.
Initial Claims 02/17 - DOWN -27K to 332K Full Report
Inside the number: prior revised UP 2K to 359K. 4 week MA UP +1.25K to 325,250. Continuing claims DOWN -45K to 2.5M, 4 week MA UP +6.75K to 2.52M
Enquiring Naybobs want to know, how bad is it really getting? Lets look under the covers and see..
States with an increase of 1000 or more claims:
State Change State Supplied Comment
SC +2,334 manufacturing
NC +2,518 construction, food, textile, and lumber/wood industries
WI +4,926 construction, transportation, warehousing, and manufacturing
OH +5,282 automobile industry
PA +7,657 construction, service, electrical equipment, and transportation
Seems to be a common theme or drum we have been bangin on in the nature of jobs lost, our durable economic base is getting gutted.
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