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Unemployment Claims rose to 277,000,

In the week ending September 26, the advance figure for seasonally adjusted initial claims was 277,000, an increase of 10,000 from the previous week's unrevised level of 267,000. Analysts were forecasting incline to 273,000. The 4-week moving average was 270,750, a decrease of 1,000 from the previous week's unrevised average of 271,750.   Read more...

Durable Goods Orders fell by 2%

Orders for durable U.S. goods fell a seasonally adjusted 2% in August , mostly because of lower bookings for autos and airplanes. That matched the 2 % drop forecast by economists. Orders minus transportation were flat, the Commerce Department said Thursday. Orders for core capital goods - a proxy for business investment - slipped 0.2%. Shipments of core capital goods, a category used to help determine quarterly economic growth, also fell 0.2% in August . Read more...

Unemployment Claims unexpectedly decreased

In the week ending September 12, the advance figure for seasonally adjusted initial claims was 264,000, a decrease of 11,000 from the previous week's unrevised level of 275,000. No  change was anticipated. The 4-week moving average was 272,500, a decrease of 3,250 from the previous week's unrevised average of 275,750. Read more...

Unemployment Claims decreased to 275,000

In the week ending September 5, the advance figure for seasonally adjusted initial claims was 275,000, a decrease of 6,000 from the previous week's revised level. Analysts were predicting decline to 279,000. The 4-week moving average was 275,750, an increase of 500 from the previous week's revised average. The previous week's average was revised down by 250 from 275,500 to 275,250.   Read more...

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