Tag Archives: unemployment

2016Q1 GDP, April UI Claims, FOMC

Weak First Quarter GDP Dragged Down by Business Investment, Inventories, Trade, Defense Real Gross Domestic Product for 2016Q1 increased at a weak 0.5 percent annual rate. Initial Claims for Unemployment Insurance increased by 9,000 to 257,000 for the week ending … Continue reading

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Comerica Economic Weekly

U.S. payroll job growth for November was a little stronger than expected, coming in at 211,000 net new jobs. The unemployment was unchanged at 5.0 percent and average hourly earnings ticked up by 0.2 percent for the month. The solid … Continue reading

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November ISM Non-Manufacturing, UI Claims, Fedspeak and ECB

Nuanced Data, More Manifestations of the Desynchronization of Global Monetary Policy The ISM Non-Manufacturing Index for November decreased more than expected to 55.9 percent. Initial Claims for Unemployment Insurance gained 9,000 to hit 269,000 for the week ending Nov. 27. … Continue reading

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2015Q3 GDP, October UI Claims, Fedspeak

Third Quarter GDP Growth Cooled as Inventories Were Drained Real Gross Domestic Product for 2015Q3 increased at a tepid 1.5 percent annual rate. Initial Claims for Unemployment Insurance were little changed at 260,000 for the week ending Oct. 24. The … Continue reading

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August ISM Non-MF, UI Claims, July Trade

Service Sector Strength Provides Insulation from International Events The ISM Non-Manufacturing Index for August eased to a still-strong 59.0 percent. The U.S. International Trade Gap narrowed in August to -$41.9 billion. Initial Claims for Unemployment Insurance gained 12,000 to hit … Continue reading

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July U.S. Employment

Payrolls Up 215,000, Looks like “Some” July Payroll Employment increased by 215,000 jobs. May and June payrolls were revised up by 14,000 jobs. The Unemployment Rate for July was unchanged at 5.3 percent. Average Weekly Hours edged up to 34.6 … Continue reading

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From the Desk of Robert Dye

Weekly Unemployment Insurance Claims Increase, but Still Look Very Good Labor market metrics continue to look good. Today’s data release of initial claims for unemployment insurance shows an increase of 7,000 initial claims for the week ending May 23, to … Continue reading

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April Leading Indicators, Existing Home Sales, May UI Claims, Fedspeak

Indicators Show Rebound After Weak Q1, Fed Rules Out June Lift-Off The Conference Board’s Leading Economic Index for April increased by 0.7 percent. Existing Home Sales for April declined by 3.3 percent to a 5.04 million unit annual rate. Initial … Continue reading

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February International Trade, March Auto Sales and UI Claims

Trade Gap Narrows, Autos Sales Jump, Claims Fall, Life is Good The U.S. International Trade Gap narrowed to -$35.4 billion in February. Light Vehicle Sales accelerated to a 17.2 million unit annual rate in March. Initial Claims for Unemployment Insurance … Continue reading

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February Retail Sales, January Inventories, March UI Claims

Sales Disappoint Again, Weather Blamed, Gasoline Prices Up February Retail Sales fell by 0.6 percent; down for the third consecutive month. Ex-auto Retail Sales decreased by 0.1 percent even as gasoline sales increased. Business Inventories for January were unchanged for … Continue reading

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