BOE Rate: Initial Claims; Same Store Sales
BOE Rate Announcement BOE maintains at 5%
Same store sales... Costco +9%; Walmart +5.8% and raising Q2 earnings outlook, as price concious consumers flock to the price leaders.
Initial Claims 07/05 -58K at 346K vs 404K Full Report
Inside the number: 4 week MA -10K at 380.5K. Continuing unemployment +91K at 3.202M; 4 week MA +16.5K at 3.126M.
The bleed from housing to service; manufacturing; automotive and transportation continues.
Same store sales... Costco +9%; Walmart +5.8% and raising Q2 earnings outlook, as price concious consumers flock to the price leaders.
Initial Claims 07/05 -58K at 346K vs 404K Full Report
Inside the number: 4 week MA -10K at 380.5K. Continuing unemployment +91K at 3.202M; 4 week MA +16.5K at 3.126M.
The bleed from housing to service; manufacturing; automotive and transportation continues.
Comments