Initial Jobless Claims (week ended 7/21/2012)
- Initial Claims 353,000. Previous was 386,000 revised to 388,000.
- 4-week Moving Average was 367,250. Down from previous 376,000.
Source: U.S. Labor Department.
This should be regarded as modestly better with a asterisk because of variations created by retooling in the auto industry.
Durable Goods Orders (June 2012)
New Orders - Month/Month +1.6%
New Orders - Year/Year +8.0%
Ex-transportation - Month/Month -1.1%
Ex-transportation - Year/Year 3.1%
Source: U.S Commerce Department
This is mixed data with overall showing growth and ex-trans having a weak month.
Pending Home Sales Index (June 2012)
- Index Level 99.3. Previous was 101.1 revised to 101.7. This data from NAR is a leading indicator of Existing Home Sales.
Source: National Association of Realtors