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Unemployment Claims fell to 283,000

In the week ending February 14, the advance figure for seasonally adjusted initial claims was 283,000, a decrease of 21,000 from the previous week's unrevised level of 304,000. Analysts were anticipating decrease to 293,000. The 4-week moving average was 283,250, a decrease of 6,500 from the previous week's unrevised average of 289,750. Read more...

US Retail Sales down by 0.8%

U.S. retail and food services sales for January, adjusted for seasonal variation and holiday and trading-day differences were $439.8 billion, a decrease of 0.8% from the previous month, but up 3.3% above January  2014. Analysts were anticipating smaller decrease by 0.4%. Total sales for the November 2014 through January 2015 period were up 3.8% from the same period a year ago.  

US Trade Balance deficit rose in December

Latest data showed that the goods and services deficit was $46.6 billion in December, up $6.8 billion from $39.8 billion in November, revised. Decrease to $38.0 billion was predicted. December exports were $194.9 billion, down $1.5 billion from November. December imports were $241.4 billion, up $5.3 billion from November. The December increase in the goods and services deficit reflected an increase in the goods deficit of $6.9 billion to $66.0 billion and an increase in the services surplus of $0.1 billion to $19.5 billion. 

Unemployment Claims on the lowest level since April 2000

In the week ending January 24, the advance figure for seasonally adjusted initial claims was 265,000, a decrease of 43,000 from the previous week's revised level. Analysts were forecasting smaller decrease to 301,000. This is the lowest level for initial claims since April 15, 2000 when it was 259,000. 

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