Economic Data for Thursday, May 18, 2000
Weekly Jobless Claims = -21k to 276k
dol.gov
In the week ending May 13, the advance figure for seasonally adjusted initial claims was 276,000, a decrease of 21,000 from the previous week's unrevised figure of 297,000. The 4-week moving average was 289,750, an increase of 4,500 from the previous week's unrevised average of 285,250.
Philly Fed for May
phil.frb.org
In this month's Business Outlook Survey the region's manufacturers report continued business growth. Indicators for current new orders and shipments changed little from their readings in April. Nearly one-fifth of the respondents indicated an expansion of employment again this month, which is indicative of the underlying strength in the manufacturing sector. Although input prices continue to show upward pressure, the prices received index suggests less upward pressure than in the previous month. Manufacturers' forecasts for the next six months remain cautious.
phil.frb.org |
