Initial Claims & Pending Home Sales
Summary: Long term unemployment worsens. Pending Home Sales plunge further.
Initial Claims 02/02 -22K at 356K vs 378K Full Report
Inside the number: 4 week MA +8.5K at 335K. Continuing unemployment +75K at 2.785M; 4 week MA +24.25K at 2.727M.
Pending Home Sales Dec -1.5% vs prior -2.6% Full Report
Inside the number: YOY -24.2%
Initial Claims 02/02 -22K at 356K vs 378K Full Report
Inside the number: 4 week MA +8.5K at 335K. Continuing unemployment +75K at 2.785M; 4 week MA +24.25K at 2.727M.
Pending Home Sales Dec -1.5% vs prior -2.6% Full Report
Inside the number: YOY -24.2%
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