Initial Claims increased to 484,000, for the week ending 08/07, against the expected decrease to 465,000, after increasing to 482,000, the revised level for the previous week. The 4-week moving average increased to 473,500, from the previous week’s revised average of 459,250. Seasonally adjusted insured unemployment from the prior week, ending on 07/31, was 4,452,000, a decrease of 118,000 from the preceding week’s revised level of 4,570,000. Seasonally adjusted insured unemployment rate from the week ending on 07/31, was 3.5%, a decrease of 0.1% from the previous week’s unrevised figure of 3.6%.
Upcoming Releases
CPI (08/13 at 8:30 AM EST)
Retail Sales (08/13 at 8:30 AM EST)
Business Inventories (08/13 at 10:00 AM EST)
Net Foreign Purchases (08/16 at 9:00 AM EST)
