Lee Adler

Real Durable Goods Orders Below Average in March, Trend Stays Weak

Core Durable Goods Trend Stays Weak - Click to enlarge

Actual, not seasonally adjusted real durable goods orders rose 12.1% in March from February. March is typically the strongest month of the year. The current number represents below average performance. The 10 year average gain for March was 14.4% from 2003 to 2013. These are inflation adjusted numbers representing actual order volume, not nominal sales. The…

Initial Unemployment Claims Fall To Lowest Since 2006

Initial Claims - Click to enlarge

The advance number of actual initial claims under state programs, unadjusted, totaled 297,870 in the week ending April 19, a decrease of 20,923 (or -6.6 percent) from the previous week. There were 326,264 initial claims in the comparable week in 2013. – DoL Compared to the comparable week last year claims declined 8.6%, consistent with recent…