Initial Claims increased to 439,000 for the week ending 11/13, against the expected increase to 443,000, after decreasing to 437,000, the revised level for the previous week. The 4-week moving average decreased to 443,000, the lowest level recorded since September 2008, from the previous week’s revised average of 447,000. Seasonally adjusted insured unemployment from the prior week, ending on 11/06, was 4,295,000, a decrease of 48,000 from the preceding week’s revised level of 4,343,000. Seasonally adjusted insured unemployment rate from the week ending on 11/06, was 3.4%, a decrease of 0.1% from the previous week’s revised figure of 3.5%.
The Conference Boards’ Leading Indicators Index numbers are expected today at 10:00 AM EST. The index had increased by 0.3% in September to 110.4 (2004=100). The Coincident Index was unchanged at 101.4 (2004=100) and the Lagging Index had increased by 0.4% to 108.4 (2004=100).
Upcoming Releases
Leading Indicators (11/18 at 10:00 M EST)
GDP Q3 Preliminary (11/23 at 8:30AM EST)
Existing Home Sales (11/23 at 10:00 AM EST)
Personal Consumption Expenditures (11/24 at 8:30 AM EST)
