Macro: Initial Claims — Strong Employment Translating To Consumption

Image Source: PixabayStrong employment translating to consumption continues to be the biggest positive contributor to GDP in Q4.Initial claims continue to signal all good for the economy. 202,000 was the 4th best week of the year. The 4-week moving average is heading lower.Continuing claims reversed the positive print from last month. The trend higher is slowing.More By This Author:Year-End Financial ChecklistMacro: PPI – PPI And Powell Fuel Rally Macro: Treasury Statement


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