January 5, 2023

Challenger Job-Cut Report  (November 2022)

- Level 43,651.  Previous was  78,835

ADP Private Jobs  (December 2022)

- Private Jobs  235,000. Previous was 182,000

 

Trade Deficit  (November 2022)

- Deficit $61.5 billion.  Previous was $77.8 billion.

This is a component of 4thQ GDP.

Source:  BEA  Details:  https://www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services

 

Initial Jobless Claims (week ended 12/31/2022)

- Initial Claims seasonally adjusted 204,000. Previous was 223,000

- Initial Claims,  unadjusted, totaled 275,552 in the week ending December 31, an increase of 5,703 (or 2.1 percent) from the previous week

- 4-Week Moving Average seasonally adjusted  213,0750. Previous was  220,500

Numbers below are for the week ended 12/17

Total receiving regular state UI increased by 90,369 

Total receiving any benefits increased by 91,461

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

 

PMI Composite Final  (December 2022)

- Composite Index    44.7

- Services Index       45.0