Initial Claims; Philadelphia Fed August
Summary: Headline reads initial claims down, under the sheets, 4 week moving average up big as continuing unemployment worsens.
Headline reads Philadelphia Fed index rises, under the sheets,
continued weakness, widespread cost pressures, all broad indicators remain in negative territory.
Initial Claims 08/16 -13K at 432K vs 445KFull Report
Inside the number: prior revised down -5K. 4 week MA +7.25K at 445.75K. Continuing unemployment -17K at 3.379M; 4 week MA +66.25K at 3.330M.
Philadelphia Fed Aug -12.7 vs -16.3Full Report
Inside the number: Still in contraction; new orders -11.9 vs -12.1; shipments -3.3 vs -8; unfilled orders -8.7 vs -18.3; employment -1.1 vs -7.3
Headline reads Philadelphia Fed index rises, under the sheets,
continued weakness, widespread cost pressures, all broad indicators remain in negative territory.
Initial Claims 08/16 -13K at 432K vs 445KFull Report
Inside the number: prior revised down -5K. 4 week MA +7.25K at 445.75K. Continuing unemployment -17K at 3.379M; 4 week MA +66.25K at 3.330M.
Philadelphia Fed Aug -12.7 vs -16.3Full Report
Inside the number: Still in contraction; new orders -11.9 vs -12.1; shipments -3.3 vs -8; unfilled orders -8.7 vs -18.3; employment -1.1 vs -7.3
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