February 24, 2022

GDP  (4thQ 2021)

- Quarter over Quarter - annualized    7.0%. Previous estimate was 6.9%. Previous Q was 2.3%

- Personal Consumption Expenditures - annualized   3.1%. Previous was 2.0%

Source: BEA  Details:  https://www.bea.gov/news/2020/gross-domestic-product-third-estimate-corporate-profits-revised-and-gdp-industry-third

 

Initial Jobless Claims (week ended 2/19/2022)

- Initial Claims seasonally adjusted  232,000. Previous was 249,000

- Initial Claims  unadjusted, totaled 214,873 in the  week ending 10.4  percent from  the previous week.

- 4-Week Moving Average seasonally adjusted  236,250. Previous was  243,500

Numbers below are for the week ended 2/5:

Total receiving regular state UI decreased by 29,113

Total receiving any UI decreased by 30,906

Source:  Labor Department   Details: https://www.dol.gov/ui/data.pdf

 

New Home Sales (January 2022)

- Annual Rate 801,000. Previous was 839,000

Source:  Census  https://www.census.gov/construction/nrs/pdf/newressales.pdf