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

 

Comments

[Canadian Money Man]

Man it's taking a while for things to improve in the US...