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The Boock Report
The Boock Report
Claims data and mixed picture with Philly mfr'g

Claims data and mixed picture with Philly mfr'g

Peter Boockvar
Jul 20, 2023
∙ Paid
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Initial jobless claims fell to 228k from 237k in the week before and that was 12k less than expected. This brought down the 4 week average to 238k from 247k. Delayed by a week, continuing claims rose by 33k w/o/w to 1.75mm and that was about 30k more than anticipated.

Bottom line, just when we started to worry about an uptick in claims, they’ve curled b…

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