Initial Claims decreased to 473,000, for the week ending 08/21, against the expected decrease to 495,000, after increasing to 504,000, the revised level for the previous week. The 4-week moving average increased to 486,750, from the previous week’s revised average of 483,500. Seasonally adjusted insured unemployment from the prior week, ending on 08/14, was 4,456,000, a decrease of 62,000 from the preceding week’s revised level of 4,518,000. Seasonally adjusted insured unemployment rate from the week ending on 08/14, was 3.5%, a decrease of 0.1% from the previous week’s revised figure of 3.6%.
Upcoming Releases
GDP Q2 Preliminary (08/27 at 8:30 AM EST)
Personal Consumption Expenditures (08/30 at 8:30 AM EST)
Consumer Confidence (08/31 at 10:00 AM EST)
Consumer Confidence (08/31 at 10:00 AM EST)
FOMC Minutes (08/31 at 2:00 PM EST)
