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US PPI fell by 0.4% in April

The Producer Price Index for final demand fell 0.4% in April, seasonally adjusted, missing expectations on 0.1% increase. Final demand prices moved up 0.2% in March and decreased 0.5% in February. On an unadjusted basis, the index for final demand  declined 1.3% for the 12 months ended in April. In April, more than 70% of the decrease in final demand prices can be attributed to a 0.7% decline in the index for final demand goods. Prices for final demand services edged down 0.1%. 
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Unemployment Claims increased to 265,000

In the week ending May 2, the advance figure for seasonally adjusted initial claims was 265,000, an increase of 3,000 from the previous week's unrevised level of 262,000. Analysts were forecasting increase to 279,000. The 4-week moving average was 279,500, a decrease of 4,250 from the previous week's unrevised average of 283,750. This is the lowest level for this average since May 6, 2000 when it was 279,250.   Read more...

Unemployment Claims at the lowest level since 2000

In the week ending April 25, the advance figure for seasonally adjusted initial claims was 262,000, a decrease of 34,000 from the previous week's revised level. Analyst were forecasting smaller decrease to 285,000. This is the lowest level for initial claims since April 15, 2000 when it was 259,000. The 4-week moving average was 283,750, a decrease of 1,250 from the previous week's revised average. The advance seasonally adjusted insured unemployment rate was 1.7% for the week ending April 18, unchanged from the previous week's unrevised rate.  Read more...

Unemployment Claims almost unchanged from last week's level

In the week ending April 18, the advance figure for seasonally adjusted initial claims was 295,000, an increase of 1,000 from the previous week's unrevised level of 294,000. However, analysts were forecasting decrease to 286,000. The 4-week moving average was 284,500, an increase of 1,750 from the previous week's unrevised average of 282,750.  The advance seasonally adjusted insured unemployment rate was 1.7% for the week ending April 11, unchanged from the previous week's unrevised rate.  Read more...

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