"The data on new claims for unemployment insurance brought a surprise. Claims are up sharply over last week. The Department of Labor reports.
In the week ending Jan. 22, the advance figure for seasonally adjusted initial claims was 454,000, an increase of 51,000 from the previous week’s revised figure of 403,000. The 4-week moving average was 428,750, an increase of 15,750 from the previous week’s revised average of 413,000...
...The other piece of news today was the fall in new orders for durable goods. Orders fell by 2.5% last month, an unexpected decline, and this is the fourth decline in the last five months, This is yet another signal that the economy is not yet on firm footing..."
at http://moneywatch.bnet.com/economic-news/blog/maximum-utility/new-claims-for-unemployment-insurance-increase-sharply-and-unexpectedly/1122/
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