Tag Archives: Jobless Claims

Weekly Economic Update

After a fairly busy week, the MLK holiday led off a quieter one in terms of economic data releases. (-) The Markit manufacturing PMI fell from 55.0 in December to 53.7 in January (versus expectations for an unchanged reading).  Within … Continue reading

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Weekly Economic Update

(+) Retail sales for November came in stronger than expected, gaining +0.7% for the month versus an expected +0.6%.  More specifically, the ‘core’ number, that excludes volatile results from autos and gasoline, rose +0.5% relative to the expected +0.3%, and … Continue reading

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Weekly Economic Update

(+) Like its manufacturing counterpart the previous week, the non-manufacturing ISM improved more than expected for July, from 52.2 to 56.0, outperforming the median consensus estimate of 53.1.  Core business activity improved to over 60, coupled with gains in new … Continue reading

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