Free Markets, Free People
Economic Statistics for 7 Jun 12
The following statistics were released today on the state of the US economy:
Initial Claims for unemployment fell 12,000 from last week’s revised 383,000 to a better-than-expected 377,000. Despite this, the 4-week moving average rose 1,750 to 377,750, the same as one month ago. Continuing claims also rose 34,000 to 3.293 million.
The Bloomberg Consumer Comfort Index rose for the thirds straight week to -37.6, on improved personal finances and buying climate.